Hatikvah INC

San Mateo, CAUnknown exempt organization EIN 77-0434052Revenue $118K in FY2022

On file with the IRShatikvahhouse.org1777 Borel Place 200 · San Mateo, CA

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Hatikvah, INC. Offer a 6-bed licensed group home, independent living skills training, social activities for both residents and non-residents, and family support.

80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $24K a year · 13% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$118K
-53% vs prior year
Spent
$163K
To programs
80%
Net assets
$0
By yearFY2021–FY2022
Revenue
$118K
FY2022▼ -53%
Tap a bar for its year
Revenue by fiscal year
FY2021$250K
FY2022$118K
Expenses
$163K
FY2022▼ -36%
Tap a bar for its year
Expenses by fiscal year
FY2021$253K
FY2022$163K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$271K
FY2022$0

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $130K Management & general 20% · $32K

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

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Financial Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Fundraising
$0Pt VII · Sec A
See Hatikvah 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides a group home, life skills training, social activities, and family support.

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Provided by the organization

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1 program · $130K · in their own filed words · FY2021
01

Hatikvah, inc. Offers a 6-BED licensed group home, independent living skills training, social activites for both residents and non-residents, and family support.

$130Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$118K
Ln 12
Fees for servicesLn 2g$81K
Investment incomeLn 3$37K
Gifts and grantsLn 1h$390
Money outPt IX
$163K
Ln 25
Programscol B$130K
Managementcol C$32K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$390
Fees for servicesLn 2g$81K
Investment incomeLn 3$37K
Gains on assetsLn 7$37K
Total revenueLn 12$118K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$47K$0
InvestmentsLn 11–13$227K$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$276K$0
LiabilitiesLn 26$5K$0
Net assetsLn 32$271K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$98K$98K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$7K$7K
Management feesLn 11a$0
Legal feesLn 11b$15K$15K
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$9K$9K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K$3K$981
Other expenses (24a–d)Ln 24$15K$12K$4K
All other expensesLn 24e$3K$1K$2K
Total functional expensesLn 25$163K$130K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $118K$163K−$44K$0 990 PDF
FY2021 $250K$253K−$3K$271K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $118,220 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,838$390
I-9 Program service revenuePrior year $223,211$80,958
I-10 Investment incomePrior year $12,393$36,872
I-11 Other revenuePrior year $190$0
I-12 Total revenuePrior year $249,632$118,220
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $179,995$105,271
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $72,727$57,326
I-18 Total expensesPrior year $252,722$162,597
I-19 Revenue less expensesPrior year −$3,090−$44,377
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $118,220 across 9 lines filed
VIII-1f All other contributions, gifts and grants$390
VIII-1h Total contributions, gifts and grants$390
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $80,958$80,958
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $36,872$36,872
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $36,872 · Excluded from tax $80,958$118,220
Part IX · Statement of functional expenses $162,597 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $98,021$98,021
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $7,250$7,250
IX-11a Management fees$0
IX-11b Legal feesManagement $14,764$14,764
IX-11c Accounting feesManagement $11,400$11,400
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $9,000$9,000
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $2,826 · Management $981$3,807
IX-24 Other expenses (24a–d)Programs $11,870 · Management $3,545$15,415
IX-24e All other expensesPrograms $1,439 · Management $1,501$2,940
IX-25 Total functional expensesPrograms $130,406 · Management $32,191 · Fundraising $0$162,597
Part X · Balance sheet $0 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $31,953$0
X-2 Savings and temporary cash investmentsStart of year $15,019$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $226,791$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $2,500$0
X-16 Total assetsStart of year $276,263$0
X-26 Total liabilitiesStart of year $4,981$0
X-32 Total net assets or fund balancesStart of year $271,282$0
X-33 Total liabilities and net assetsStart of year $276,263$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$118,220
XI-2 Total expenses$162,597
XI-3 Revenue less expenses−$44,377
XI-4 Net assets at start of year$271,282
XI-9 Other changes in net assets−$226,905
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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