Hasna INC FY2020 filing

Tax-deductible

Raleigh, NC501(c)(3)InternationalEIN 52-2113826

See part III, line 1.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$125K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $312K a year · 54% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 58% of spending
Concern: pay to officers and key staff is 58% of spending; over 30%.
Pt VII · Sec A
Cash reserves
28 mo
of spending, in cash
Looks good: 28.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
Spent
$215K
To programs
62%
Net assets
$4.3M
By yearFY2020–FY2025
Revenue
$2.2M
FY2020
Revenue by fiscal year
FY2020$2.2M
FY2021$348K
FY2022$72K
FY2023$161K
FY2024$313K
FY2025$403K
Expenses
$215K
FY2020
Expenses by fiscal year
FY2020$215K
FY2021$282K
FY2022$235K
FY2023$234K
FY2024$311K
FY2025$327K
Net assets
$4.3M
FY2020
Net assets by fiscal year
FY2020$4.3M
FY2021$4.5M
FY2022$3.5M
FY2023$4.9M
FY2024$5.1M
FY2025$5.3M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $133K Management & general 33% · $72K Fundraising 5% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & Treasurer
$85,600Pt VII · Sec A
Secretary (start 4/20)
$28,923Pt VII · Sec A
Secretary (until 3/20)
$10,207Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Board Member and Founder
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Rukmini Banerjee$92,818$88,383$85,600
John Dykes—$52,693$28,923
Robin Weiss——$10,207

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hasna INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Hasna INC is a private foundation based in Raleigh, NC.

Provided by the organization

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3 program services account for $133K of program spending, described in the organization's own filed words · FY2020.
01

Distance learning and domestic workshopsdue to the somewhat challenging political environment in turkey, especially after the 2016 coup attempt, hasna has gone online with its capacity building and training workshops.

$57Kprogram expense
02

Cultural diplomacy (turkey)working to promote peacebuilding, hasna undertook new projects in collaboration with organizations in different conflict contexts in turkey and cyprus in order to spread awareness and promote cooperation and collaboration between conflicting parties.

$54Kprogram expense
03

The turkey refugee response initiative (trri) is a multi-phased endeavor aimed at exploring the role of local government, civil society organizations, and international nongovernmental agencies in serving turkey's refugee communities, particularly in the realms of access to livelihoods and overall social cohesion.

$22Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$11
Grants paid · 65 grants · $718K · 2023–2025
CivityFY2025$35,000
Maryland Horse RescueFY2025$30,000
Camp GrierFY2025$17,500
NC State Student AidFY2025$15,500
Haven HouseFY2025$10,000
Absolutely Anatolian ArtisansFY2025$10,000
The Penniman FoundationFY2025$10,000
Spur LocalFY2025$10,000
Community Meditation CenterFY2025$10,000
Miri's HeavenFY2025$10,000
Tasca's Love Co-OpFY2025$10,000
The Arrowhead Artists and ArtisansFY2025$10,000
Research Institute on TurkeyFY2025$10,000
Food Justice DmvFY2025$10,000
Democracy ForwardFY2025$10,000
The Go Go MusuemFY2025$10,000
NcvmfFY2025$10,000
Alliance for Middle East PeaceFY2025$10,000
See all 65 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$52K
Money outPt IX
$215K
Ln 25
Programscol B$133K
Managementcol C$72K
Fundraisingcol D$11K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$509K
Total assetsLn 16$4.3M
LiabilitiesLn 26$10K
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$52K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$297K
SavingsLn 2$212K
Cash and savings togetherLn 1–2$509K
InvestmentsLn 11–13$3.8M
Land, buildings, equipmentLn 10c$534
Total assetsLn 16$4.3M
LiabilitiesLn 26$10K
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$261K$509K
InvestmentsLn 11–13$1.2M$3.8M
Land, buildings, equipmentLn 10c$435$534
Total assetsLn 16$1.4M$4.3M
LiabilitiesLn 26$9K$10K
Net assetsLn 32$1.4M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$6K$6K
Pay of current officers, directors and key staffLn 5$137K$100K$29K$8K
Other salaries and wagesLn 7$2K$997$644$255
Other employee benefitsLn 9$26$16$2$8
Payroll taxesLn 10$10K$7K$2K$687
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$6K$6K
Office expensesLn 13$2K$1K$475$380
Information technologyLn 14$445$279$92$74
OccupancyLn 16$5K$2K$3K$128
TravelLn 17$1K$1K$457
Conferences, conventions and meetingsLn 19$204$197$7
Depreciation, depletion and amortizationLn 22$701$701
InsuranceLn 23$2K$2K$497$397
Other expenses (24a–d)Ln 24$8K$7K$905$256
Total functional expensesLn 25$215K$133K$72K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $403K$327K$76K$5.3M 990 PDF
FY2024 $313K$311K$2K$5.1M 990 PDF
FY2023 $161K$234K−$73K$4.9M 990 PDF
FY2022 $72K$235K−$162K$3.5M 990 PDF
FY2021 $348K$282K$66K$4.5M 990 PDF
FY2020 Viewing $2.2M$215K$2.0M$4.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $2,179,382 across 4 lines filed
VIII-1f All other contributions, gifts and grants$2,127,742
VIII-1h Total contributions, gifts and grants$2,127,742
VIII-3 Investment incomeExcluded from tax $51,640$51,640
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $51,640$2,179,382
Part IX · Statement of functional expenses $214,963 across 16 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $6,150$6,150
IX-5 Pay of current officers, directors and key staffPrograms $99,624 · Management $29,377 · Fundraising $8,327$137,328
IX-7 Other salaries and wagesPrograms $997 · Management $644 · Fundraising $255$1,896
IX-9 Other employee benefitsPrograms $16 · Management $2 · Fundraising $8$26
IX-10 Payroll taxesPrograms $7,394 · Management $2,217 · Fundraising $687$10,298
IX-11c Accounting feesManagement $14,338$14,338
IX-11f Investment management feesManagement $18,832$18,832
IX-11g Other fees for servicesPrograms $6,000$6,000
IX-13 Office expensesPrograms $1,437 · Management $475 · Fundraising $380$2,292
IX-14 Information technologyPrograms $279 · Management $92 · Fundraising $74$445
IX-16 OccupancyPrograms $1,664 · Management $3,032 · Fundraising $128$4,824
IX-17 TravelPrograms $1,000 · Management $457$1,457
IX-19 Conferences, conventions and meetingsPrograms $197 · Management $7$204
IX-22 Depreciation, depletion and amortizationManagement $701$701
IX-23 InsurancePrograms $1,503 · Management $497 · Fundraising $397$2,397
IX-24 Other expenses (24a–d)Programs $6,614 · Management $905 · Fundraising $256$7,775
IX-25 Total functional expensesPrograms $132,875 · Management $71,576 · Fundraising $10,512$214,963
Part X · Balance sheet $4,281,603 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $225,595$297,302
X-2 Savings and temporary cash investmentsStart of year $35,206$211,850
X-9 Prepaid expenses and deferred chargesStart of year $1,251$1,267
X-10c Land, buildings and equipment, netStart of year $435$534
X-11 Publicly traded securitiesStart of year $1,152,812$3,770,650
X-16 Total assetsStart of year $1,415,299$4,281,603
X-17 Accounts payable and accrued expensesStart of year $8,625$9,951
X-26 Total liabilitiesStart of year $8,625$9,951
X-27 Net assets without donor restrictionsStart of year $1,406,674$4,271,652
X-32 Total net assets or fund balancesStart of year $1,406,674$4,271,652
X-33 Total liabilities and net assetsStart of year $1,415,299$4,281,603
Part XI · Reconciliation of net assets $4,271,652 net assets at year end
XI-1 Total revenue$2,179,382
XI-2 Total expenses$214,963
XI-3 Revenue less expenses$1,964,419
XI-4 Net assets at start of year$1,406,674
XI-5 Net unrealized gains (losses) on investments$900,559
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,271,652

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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