Hack Reduce INC FY2023 filing
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Develops talent and technologies for a data-driven future by promoting data processing and analysis skills. For fiscal year 2023 it reported $306K in revenue, $281K in expenses, and $-138K in net assets.Pt I
Summary of the Filing
Where the work happens
The HACK/REDUCE mission is to help boston create the talent and technologies that will shape our future in a big data-driven economy by promoting the growth and development of the technologies and skills required to process, analyze and apply data.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 90% | — | — |
| Overhead ratio | 10% | — | — |
| Revenue growth | 16% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 6% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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