Civic Intelligence

Hatc Foundation

990EZ • Fiscal year 2021 • EIN 82-3980815

Jul 01, 2021 to Dec 31, 2021 • Filed on Apr 11, 2022

Organization Profilewww.hatctx.com/hatc-foundation
502 E Highland Mall Blvd Ste 106BAustin, TX 78752

(512) 854-4771

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$30,828

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 42.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

9th percentile

-49%

Faster asset growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

118%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$40,758

Down $38,618 (-49%) from 2020

Net Assets

Down

$36,895

Down $22,761 (-38%) from 2020

Liabilities

Down

$3,863

Down $15,857 (-80%) from 2020

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin57th percentile

Revenue

Up

$72,660

Up $39,341 (+118%) from 2020

Expenses

Down

$62,693

Down $131,034 (-68%) from 2020

Net Income

Up

$9,967

Up $170,375 (+106%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2019: $242,064Liabilities 2019: $22,000Net Assets 2019: $220,0642019Assets 2020: $79,376Liabilities 2020: $19,720Net Assets 2020: $59,6562020Assets 2021: $40,758Liabilities 2021: $3,863Net Assets 2021: $36,8952021Assets 2022: $94,694Liabilities 2022: $4,374Net Assets 2022: $90,3202022Assets 2023: $63,112Liabilities 2023: $440Net Assets 2023: $62,6722023Assets 2024: $99,334Liabilities 2024: $3,919Net Assets 2024: $95,4152024

Highlighted filing

2021

Assets$40,758
Liabilities$3,863
Net Assets$36,895
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2019: $296,624Expenses 2019: $52,093Net Income 2019: $244,5312019Revenue 2020: $33,319Expenses 2020: $193,727Net Income 2020: -$160,4082020Revenue 2021: $72,660Expenses 2021: $62,693Net Income 2021: $9,9672021Revenue 2022: $125,444Expenses 2022: $72,019Net Income 2022: $53,4252022Revenue 2023: $72,484Expenses 2023: $100,132Net Income 2023: -$27,6482023Revenue 2024: $130,062Expenses 2024: $97,319Net Income 2024: $32,7432024

Highlighted filing

2021

Revenue$72,660
Expenses$62,693
Net Income$9,967
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Dec 31, 2021
Signed
Apr 11, 2022
Return Version
2021v4.0
Gross Receipts
$72,660
Mission and Program Overview

Mission

The purpose of HATC Foundation is to provide decent, safe and sanitary housing at affordable prices for low and moderate-income residents of the County, to preserve and develop affordable housing and vibrant communities which enhance the quality of life for all, and to take other actions to benefit, perform the functions of, or to carry out the purpose of HATC.

Program Services

DescriptionGrantsExpenses
Incentives for Financial Literacy and Budgeting$11,786$11,786
Job Coaching : Literacy Coalition$7,000$7,000
Educational scholarships to resident or children of resident Sponsor Resident Activities$5,000$5,000
Transportation assistance$2,250$2,250
Back to School supplies$1,277$1,277
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric LindholmProject CoordinatorFT$23,922$6,906$30,828
Patrick HowardPresident & CEOPT$0--
Steve PeglerDeputy Executive Director-$0--
Subra NarayanaiyerDirector Of Finance-$0--
Filing and Contact Details

Filer

Filer Name
Hatc Foundation
EIN
82-3980815
Phone
5128544771
Address
502 E Highland Mall Blvd Ste 106B, Austin, TX 78752

Signing Officer

Name
Subra Narayanaiyer
Title
Director of Finance
Phone
5128544771
Signed
2022-04-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Funds expended to resident scholarships, transportation assistance, incentives to attend Financial Literacy & Budgeting sessions , and Job/Life coaching”

Form 990-EZ, Part I, Line 16

“Depreciation Expense”

Form 990-EZ, Part II, Line 24

“Furniture Equipment & Machines (-) Accumulated Depreciation”

Form 990-EZ, Part II, Line 26

“Accrued Payroll, Short/Long term Comp Absences”

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Austin
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt16906
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patrick Howard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Eric Lindholm
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Steve Pegler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Subra Narayanaiyer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Project Coordinator
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Deputy Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director of Finance
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt04357
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03718
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The purpose of HATC Foundation is to provide decent, safe and sanitary housing at affordable prices for low and moderate-income residents of the County, to preserve and develop affordable housing and vibrant communities which enhance the quality of life for all, and to take other actions to benefit, perform the functions of, or to carry out the purpose of HATC.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Incentives for Financial Literacy and Budgeting
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Job Coaching : Literacy Coalition
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt4Back to School supplies
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12250
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt211786
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt211786
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt37000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt41277
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt030828
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt072660
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Housing Authority of Travis County
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt072660
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Funds expended to resident scholarships, transportation assistance, incentives to attend Financial Literacy & Budgeting sessions , and Job/Life coaching
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation Expense
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Furniture Equipment & Machines (-) Accumulated Depreciation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accrued Payroll, Short/Long term Comp Absences
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Subra Narayanaiyer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum05128544771
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HATC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HATC
ReturnHeader/Filer/EIN0823980815
ReturnHeader/Filer/PhoneNum05128544771
ReturnHeader/Filer/USAddress/AddressLine1Txt0502 E Highland Mall Blvd Ste 106B
ReturnHeader/Filer/USAddress/CityNm0Austin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078752
ReturnHeader/ReturnTs02022-04-11T14:52:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,758
Liabilities
$3,863
Net assets
$36,895
Revenue
$72,660
Expenses
$62,693
Net income
$9,967
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.95$1.30$0.97$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.72$1.00$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.04$0.90$1.25$0.72$0.53
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.04$0.37$0.73$0.63$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.20$0.60$0.33$1.94$1.60
2019Summary only. Only limited summary data is available for this year.$2.42$0.22$2.20$2.97$0.52$2.45