Hatch Foundation
- Assets
- $35.1m
- Revenue
- $5.8m
- Investments
- $33.8m
- Employees
- 0
- Location
- Springfield, MO
- Founding
- Data as of
- 12/2022
- EIN
- 84-3891130
Organization Overview
Hatch Foundation is located in Springfield, MO. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hatch Foundation 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, Hatch Foundation generated $5.8m 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 (35.6%) each year.
Since 2020, Hatch Foundation has awarded 44 individual grants totaling $1,467,545. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin N Danastasio Executive Di | 20 | $67,600 | |
Tyler D Hellweg President | 1 | $0 | |
Casey R Wamsley Secretary | 1 | $0 | |
James R Batten Treasurer | 1 | $0 | |
Cody S Danastasio Director | 1 | $0 | |
Katherine R Hellweg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $84,949 |
| Dividends & Interest | $679,649 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,079,475 |
| Capital Gain Net Income | $5,079,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,449 |
| Total Revenue | $5,845,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $67,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,966 |
| Interest | $0 |
| Taxes | $20,727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,558 |
| Printing and publications | $0 |
| Other expenses | $21,072 |
| Total operating and administrative expenses | $180,572 |
| Contributions, gifts, grants paid | $1,239,032 |
| Total expenses and disbursements | $1,419,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,216,763 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $30,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,062,250 |
| Accounts payable and accrued expenses | $146 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $146 |
Grants Awarded
Over the last fiscal year, Hatch Foundation has awarded $1,239,032 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ASSEMBLIES OF GOD FOUNDATION PURPOSE: HATCH BIG PROGRAM | $2,500 |
BOYS & GIRLS CLUB OF SPRINGFIELD PURPOSE: AIM PROGRAM | $2,500 |
BOYS & GIRLS CLUB OF SPRINGFIELD PURPOSE: AFTER SCHOOL ADVENTURE PROGRAM | $12,195 |
BURRELL FOUNDATION PURPOSE: MURAL PAINTING | $6,000 |
CARE TO LEARN PURPOSE: HATCH MATCHING PROGRAM | $30,000 |
COMMUNITY FOUNDATION OF THE OZARKS PURPOSE: CELEBRATE SPRINGFIELD FUND | $31,496 |