Civic Intelligence

Hack & Hustle Social Entrepreneurship Academy Inc.

990 • Fiscal year 2018 • EIN 82-4105991

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 09, 2019

Organization Profilewwwhackhustleacademy.org
9445 Meadowmont View DrCharlotte, NC 28269

(732) 995-0958

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • NTEE P20 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • NTEE P20 • <$500k nonprofits • Source year 2018

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2018 filings • NTEE P20 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE P20 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets81st percentile

Assets

$3,107

No earlier filing loaded for comparison.

Net Assets

$2,560

No earlier filing loaded for comparison.

Liabilities

$547

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin100th percentile

Revenue

$2,560

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$2,560

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2018: $3,107Liabilities 2018: $547Net Assets 2018: $2,5602018Assets 2019: $1,738Liabilities 2019: $0Net Assets 2019: $1,7382019Assets 2020: $22,193Liabilities 2020: $02020Assets 2021: $28,174Liabilities 2021: $02021Assets 2022: $22,249Liabilities 2022: $0Net Assets 2022: $22,2492022Assets 2023: $85,837Liabilities 2023: $02023Assets 2024: $23,354Net Assets 2024: $23,3542024

Highlighted filing

2018

Assets$3,107
Liabilities$547
Net Assets$2,560
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2018: $2,560Expenses 2018: $0Net Income 2018: $2,5602018Revenue 2019: $7,731Expenses 2019: $9,172Net Income 2019: -$1,4412019Revenue 2020: $33,379Expenses 2020: $11,186Net Income 2020: $22,1932020Revenue 2021: $19,146Expenses 2021: $13,165Net Income 2021: $5,9812021Revenue 2022: $64,218Expenses 2022: $41,969Net Income 2022: $22,2492022Revenue 2023: $133,126Expenses 2023: $84,289Net Income 2023: $48,8372023Revenue 2024: $82,949Expenses 2024: $113,237Net Income 2024: -$30,2882024

Highlighted filing

2018

Revenue$2,560
Expenses$0
Net Income$2,560
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 9, 2019
Return Version
2018v3.1
Gross Receipts
$2,560
Mission and Program Overview

Mission

To expose underserved youth to different areas of technology to enable them to pursue alternative careers in STEM and Entrepreneurship

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets-$3,107-
Total Assets$0$3,107▲ $3,107
Liabilities
Accounts Payable and Accrued Expenses-$547-
Total Liabilities$0$547▲ $547
Net Assets / Fund Balance
Unrestricted Net Assets-$2,560-
Total Net Assets Fund Balance$0$2,560▲ $2,560
Total Liabilities and Net Assets / Fund Balance$0$3,107▲ $3,107
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Mahdi ChambersExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$2,560
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Annually board members are required to review and understand all pertinent components the completed Form 990.”

Conflict of interest policy compliance Part VI line 12C

“Board members are required to annually report any conflicts of interest or if none, to attest that none exist.”

CEO executive director top management comp Part VI line 15A

“Board members are volunteer members of the community and do not receive compensation.”

Other officer or key employee compensation Part VI line 15B

“Officers are not compensated.”

Governing documents etc available to public Part VI line 19

“The organizations website will post a copy of the filed Form 990.”

Filing and Contact Details

Filer

Filer Name
Hack & Hustle Social Entrepreneur
EIN
82-4105991
Address
9445 Meadowmont View Dr, Charlotte, NC 28269

Signing Officer

Name
Mahdi Chambers
Title
Executive Direc
Phone
7329950958
Signed
2019-04-09
Discuss with paid preparer
No

Organization Details

Principal Officer
Mahdi Chambers
Formed
2018
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Angela Williams CPA PC
Address
PO Box 1357, Gaffney, SC 29342
Preparer
Angela Williams
Phone
7048822660
Supplemental Narrative

Additional Explanations

Part IX response or note to any line in Part IX

“Organization costs”

Raw XML Appendix241 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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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt02560
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02560
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization costs
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ReturnHeader/FilingSecurityInformation/IPTm012:44:46
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1357
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ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,107
Liabilities
$547
Net assets
$2,560
Revenue
$2,560
Expenses
$0
Net income
$2,560
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.23$0.83$1.13$0.30
2023Summary only. Only limited summary data is available for this year.$0.86$0.00$1.33$0.84$0.49
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.64$0.42$0.22
2021Summary only. Only limited summary data is available for this year.$0.28$0.00$0.19$0.13$0.06
2020Summary only. Only limited summary data is available for this year.$0.22$0.00$0.33$0.11$0.22
2019Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.08$0.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.03$0.03$0.00$0.03