Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
| FY2020 | $111K |
|---|---|
| FY2021 | $93K |
| FY2022 | $359K |
| FY2023 | $1.5M |
| FY2024 | $12.2M |
| FY2020 | $9K |
|---|---|
| FY2021 | $33K |
| FY2022 | $49K |
| FY2023 | $211K |
| FY2024 | $9.9M |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 97% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 29% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 15% | — | — |
| Accounting fee ratio | 3% | — | — |
| 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.
Leadership and pay
Officers, Directors & Key Employees
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Governance & Policies
Mission and programs
Provides scholarships, crisis hotel stays, and anti-trafficking training for the hospitality industry.
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Where the work happens
Asylum Seeker Hotel Support
On December 21, 2022, the Foundation entered into an agreement (the Agreement) with the City of New York through its Department of Homeless Services (DHS) to act as a third-party administrator to assist DHS with booking, managing, tracking, Reporting, and invoicing for hotels service for the emergency procurement of shelter services…
Scholarships Granted
The Foundation provides scholarships for students pursuing an associates or bachelorsdegree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis.
Community Assistance
Contrbutions to charitable organizations whose missions align with that of hanyc foundation, inc.
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest Viewing | $2.1M | $973K | +29% | 990 PDF |
| FY2023 | $1.6M | $667K | +315% | 990 PDF |
| FY2022 | $385K | $136K | ×20 | 990 PDF |
| FY2021 | $20K | $62K | +75% | 990 PDF |
| FY2020 | $11K | $65K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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