Hatua Network INC FY2022 filing

Brooklyn, NY · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$532K
+11% vs prior year
Spent
$552K
To programs
90%
Net assets
$178K
By yearFY2020–FY2025
Revenue
$532K
FY2022▲ +11%
Revenue by fiscal year
FY2020$139K
FY2021$480K
FY2022$532K
FY2023$674K
FY2024$660K
FY2025$852K
Expenses
$552K
FY2022▲ +68%
Expenses by fiscal year
FY2020Not on file
FY2021$328K
FY2022$552K
FY2023$521K
FY2024$857K
FY2025$766K
Net assets
$178K
FY2022▼ -10%
Net assets by fiscal year
FY2020$46K
FY2021$198K
FY2022$178K
FY2023$331K
FY2024$127K
FY2025$213K

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

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CHatua Network INC
EINHdr · item D82-3586544
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2019
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CBrooklyn, NY
NTEE classificationIRS BMFEducation (B82)
WebsiteHdr · item Jwww.hatuanetwork.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.06 Fundraising $0.04
Program services90%$496K
Management & general6%$34K
Fundraising4%$22K
Total functional expensesLn 25$552K

Financial health

Is it on solid ground?

Program efficiency
90%
of spending reaches programs
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$185K
FY2022▼ -7%
Total assets by fiscal year
FY2020Not on file
FY2021$199K
FY2022$185K
FY2023$396K
FY2024$133K
FY2025$232K
Total liabilities
$6K
FY2022▲ ×19
Total liabilities by fiscal year
FY2020Not on file
FY2021$328
FY2022$6K
FY2023$65K
FY2024$6K
FY2025$19K
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$185K
Total assetsLn 16$185K
Total liabilitiesLn 26$6K
Total net assetsLn 32$178K
Months of cash on handcomputed4.0

Statement of Revenue

Part VIII
Contributions & grants100%$532K
Total revenueLn 12$532K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $185K · Operating expenses (Pt IX) $552K · Less non-cash grants $4K · Cash operating expenses/yr $548K
4.0 months
Where the money goes
Program services
Program services $496K · Total expenses $552K
90%
Management & General
Management & general $34K · Total expenses $552K
6%
Fundraising
Fundraising $22K · Total expenses $552K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $17K · Solicited contributions (2-yr avg) $506K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $532K · Total revenue $532K
100%
Government reliance
Government grants — · Total revenue $532K
—
Earned-income share
Program service revenue $0 · Total revenue $532K
0%
Investment reliance
Investment income $0 · Total revenue $532K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $552K
0%
Growth & trend
Revenue growth (YoY)
This year $532K · Prior year $480K
+11%
Net-asset trend (YoY)
End of year $178K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $532K · Expenses $552K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
—
Net-asset ratio
Net assets $178K · Total assets $185K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $185K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gabrielle Fondiller · Reported title EXECUTIVE DI · Highest reported compensation $40K · Total expenses $552K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $44K · Total expenses $552K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 6%——
Fundraising cost ratio 4%——
Revenue growth 11%——
Legal fee ratio <0.01%——
Accounting fee ratio 0.2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$40,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

Gabrielle Fondiller’s $41K as Executive Di is at the 33rd percentile of top reported officer pay among 1613 $100K–1M education 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Gabrielle Fondiller$41,415$40,000$40,000$40,000$40,051

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.

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides educational and career opportunities to youth facing poverty.

Provided by the organization

This section is blank until Hatua Network INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $496K of program spending, described in the organization's own filed words · FY2021.
01

In FY21 hatua network, inc provided grants totaling 415,000 to hatua network organization, which were used to help provide 585 youth with scholarships to attend high school, public colleges and universities in kenya, along with mentoring on communication, collaboration, emotional intelligence, problem-solving and responsibility.

$496Kprogram 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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $852K$766K+29% 990 PDF
FY2024 $660K$857K-2% 990 PDF
FY2023 $674K$521K+27% 990 PDF
FY2022 Viewing $532K$552K+11% 990 PDF
FY2021 $480K$328K+246% 990 PDF
FY2020 $139K— 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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