Hacker Fund
- Assets
- $89.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Culver City, CA
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-2485464
Organization Overview
Hacker Fund is located in Culver City, CA. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hacker Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hacker Fund generated $116.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $86.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
S.T.E.A.M. COLLECTIVE PROVIDED FISCAL SPONSORSHIP CAPACITY-BUILDING SERVICES AND INVENTION EDUCATION EVENT PROGRAMMING THROUGHOUT THE UNITED STATES. MEMBERS OF THE PROGRAM ORGANIZED HACKATHONS BUILT PROTOTYPES TO HELP ASSIST COMMUNITIES AND PROVIDED OVER $1M IN VOLUNTEER SERVICES TO SERVE 50,000+ PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Brezhnev Board President And Executive Director | 50 | $59,076 | |
Patricia Spencer Board Chair | 2 | $0 | |
Alex Cascante Board Treasurer | 1 | $0 | |
Eva Zheng Board Member | 1 | $0 | |
Shahan Khan Secretary | 1 | $0 | |
Gemma Busoni Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,486 |
| Total Program Service Revenue | $44,502 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,988 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,208 |
| Professional fees and other payments to independent contractors | $3,314 |
| Occupancy, rent, utilities, and maintenance | $316 |
| Printing, publications, postage, and shipping | $35 |
| Other expenses | $19,394 |
| Total expenses | $86,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,651 |
| Other assets | $0 |
| Total assets | $89,791 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,791 |
Grants Awarded
Over the last fiscal year, Hacker Fund has awarded $105,679 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE BURG LLC PURPOSE: TO EDUCATE THE BORADER COMMUNITY ABOUT CIVIC ENGAGEMENT. | $90,000 |
ABORTION ACCESS HACKATHON PURPOSE: TO ORGANIZE HACKATHONS TO INCREASE ACCESS TO ABORTION AND REPRODUCTIVE JUSTICE FOR THE DISADVANTAGED. | $15,679 |