Civic Intelligence

Hatc Foundation

990EZ • Fiscal year 2022 • EIN 82-3980815

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 31, 2023

502 E Highland Mall BlvdAustin, TX 78752

(512) 854-4771

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.03x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$64,599

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 51.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

132%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

73%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$94,694

Up $53,936 (+132%) from 2021

Net Assets

Up

$90,320

Up $53,425 (+145%) from 2021

Liabilities

Up

$4,374

Up $511 (+13%) from 2021

Revenue

Up

$125,444

Up $52,784 (+73%) from 2021

Expenses

Up

$72,019

Up $9,326 (+15%) from 2021

Net Income

Up

$53,425

Up $43,458 (+436%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$94,694
Liabilities$4,374
Net Assets$90,320

Operations Trend

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

2022

Revenue$125,444
Expenses$72,019
Net Income$53,425
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 31, 2023
Return Version
2022v5.0
Gross Receipts
$125,444
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.

To provide HATC residents and clients with crucial services, including an annual scholarship, workforce development initiatives, and childhood development programming. We currently operate on-site Learning Centers, free school supply stations, and mini libraries at 3 HATC communities. We collaborate with an array of local agencies to provide resources that improve quality of life and promote self-sufficiency

Program Services

DescriptionGrantsExpenses
Educational Scholarships to resident or children of resident- Sponsor Resident Activity$3,891$3,891
Transportation Assistance$5$5
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric LindholmProject CoordinatorFT$48,296$16,303$64,599
Patrick HowardPresident & CEOPT$0--
Steve PeglarDeputy Executive DirectorPT$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, Austin, TX 78752

Signing Officer

Name
Subra Narayanaiyer
Title
Director of Finance
Phone
5128544771
Signed
2023-03-31
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Fund expended to resident Scholarships & Transportation Assistance

Form 990-EZ, Part I, Line 16

Depreciation Expense & Communication

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 Appendix176 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fund expended to resident Scholarships & Transportation Assistance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation Expense & Communication
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Furniture Equipment & Machines (-) Accumulated Depreciation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accrued Payroll, Short/Long Term Comp Absences
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-31
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ReturnHeader/Filer/EIN0823980815
ReturnHeader/Filer/PhoneNum05128544771
ReturnHeader/Filer/USAddress/AddressLine1Txt0502 E Highland Mall Blvd
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ReturnHeader/ReturnTs02023-03-30T11:37:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings