Hadpre INC EIN 82-1121832 Form 990 (PDF) Claim this org

Hadpre INC FY2019 filing

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Empowers rural Haitians with resources and skills to build resilient communities and shape their own futures. For fiscal year 2019 it reported $211K in revenue, $262K in expenses, and $34K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
Charlottesvle, VA
Website
www.hadpre.org
Filings
7 on file (2018–2019)
Revenue
$211KFY2019
Expenses
$262K
Net assets
$34K
People
5
Filings
7
Updates
0
More identity details & actions ⌄
EIN  82-1121832 Public charity (501(c)(3)) Charlottesvle, VA
Form 990 (PDF)
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowers rural Haitians with resources and skills to build resilient communities and shape their own futures.
Leadership
Natasha Skreslet · Director
Money in and out
$211K revenue, $262K expenses
Bottom line
94% program efficiency
Where the money goes · FY2019
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$262K
Pt IX · Ln 25
Net assets
$34K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$51K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06 Fundraising $0.01
Program efficiency
94%
of spending reaches programs
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Revenue
$211K
FY2019▲ +47%
Expenses
$262K
FY2019
Total assets
$38K
FY2019
Total liabilities
$4K
FY2019
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$262K
Pt IX · Ln 25
Net assets
$34K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$51K
Total assetsPt X · Ln 16$38K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHadpre INC
EINHdr · item D82-1121832
Principal addressHdr · item CCharlottesvle, VA
WebsiteHdr · item Jwww.hadpre.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M20)
Ruling yearIRS BMFNov 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Sonja Schilling’s $30K as President is at the 58th percentile of top reported officer pay among 829 $100K–1M public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $235K of program spending, described in the organization's own filed words · FY2019.
01

Electrification and Empowerment

Free electricity for schools, clinics and public service buildings and free street lights and capacity training for youth and community in mole ST. Nicolas, bombardopolis and jean rabel in the northwestern department, haiti. There were approximately 25,000 beneficiaries.

$190Kprogram expense
02

Support of school in cite soleil that also functions as a shelter during natural disasters, support of teacher's salaries, food supplies and electrical systems for the school with approximately 580 children in the biggest slum in the western hemisphere.

$33Kprogram expense
03

Strengthening of community hospitals in ST. Louis du nord, haiti (rehabilitation of electrical system, support of operations, repair of biomedical equipment). There were approximately 130,000 beneficiaries of these services.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$211K
Investment income$2
Total revenueLn 12$211K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06 Fundraising $0.01
Program services94%$246K
Management & general6%$15K
Fundraising1%$2K
Total functional expensesLn 25$262K

Balance Sheet

Part X · end of year
CashLn 1$38K
Total assetsLn 16$38K
Total liabilitiesLn 26$4K
Total net assetsLn 32$34K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $38K · Operating expenses/yr $262K
1.7 months
Where the money goes
Program services
Program services $246K · Total expenses $262K
94%
Management & General
Management & general $15K · Total expenses $262K
6%
Fundraising
Fundraising $2K · Total expenses $262K
0.6%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $211K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $211K · Total revenue $211K
100%
Government reliance
Government grants — · Total revenue $211K
Earned-income share
Program service revenue $0 · Total revenue $211K
0%
Investment reliance
Investment income $2 · Total revenue $211K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $262K
0%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $144K
+47%
Net-asset trend (YoY)
End of year $34K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $262K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $38K
Net-asset ratio
Net assets $34K · Total assets $38K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $38K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Natasha Skreslet · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $262K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $707 · Total expenses $262K
0.3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0.8%
Revenue growth 47%

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$107K revenue · ⤓ 990 PDF
FY2023$132K revenue · ⤓ 990 PDF
FY2022$124K revenue · ⤓ 990 PDF
FY2021$148K revenue · ⤓ 990 PDF
FY2020$246K revenue · ⤓ 990 PDF
FY2019$211K revenue · viewing · ⤓ 990 PDF
FY2018$144K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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