Hacheshbone The Budget Inc
- Assets
- $104.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 82-0665768
Organization Overview
Hacheshbone The Budget Inc is located in Spring Valley, NY. The organization was established in 2017. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hacheshbone The Budget Inc 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 12/2023, Hacheshbone The Budget Inc generated $124.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $168.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ASSIST FAMILIES FROM OUR COMMUNITY WITH REGULAR SOURCES OF INCOME MANAGE THROUGH FINANCIALLY CHALLENGING EVENTS. WE EVALUATE EACH NEED AND DEPENDING ON FUNDS AVAILABLE AT THE TIME TRY TO ASSIST ALL THOSE THAT NEED HELP.
Describe the Organization's Program Activity:
Part 3
ORGANIZATION DID NOT ESTABLISH ANY NEW PROGRAMS. SINCE ITS INCEPTION IT HAS STAYED WITHIN ITS BOARD ESTABLISHED MISSION. ALL DONATIONS ARE DISBURSED. THERE ARE NO SALARIED EMPLOYEES AND THE ONLY EXPENSE ARE THE CREDIT CARD FEES NETTED AT TIME OF THE DONATION BY THE PROCESSOR PRIOR TO DEPOSITING FUNDS INTO THE ORGANIZATIONS BANK ACCOUNT.
THE ORGANIZATION WAS ABLE TO SOURCE MORE THAN 75 DONATIONS IN THIS CALENDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Koegel Director/board Member | 10 | $0 | |
Joseph Brachfeld Member Of The Board | 1 | $0 | |
Hillel Gittler Member Of The Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,731 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,731 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $168,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,999 |
| Other assets | $0 |
| Total assets | $103,994 |
| Total liabilities | $69,000 |
| Net assets or fund balances | $34,994 |