Hasting Foundation for Helping Humanity EIN 87-3802550 Form 990 (PDF) Claim this org

Hasting Foundation for Helping Humanity

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Offers career education in auto mechanics and STEM/software development to underserved middle and high school students. For fiscal year 2024 it reported $122K in revenue, $137K in expenses, and $130K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Flowood, MS
Website
www.hastingshelpinghumanity.org
Filings
4 on file (2021–2024)
Revenue
$122KFY2024
Expenses
$137K
Net assets
$130K
People
4
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-3802550 Public charity (501(c)(3)) Flowood, MS
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers career education in auto mechanics and STEM/software development to underserved middle and high school students.
Leadership
Jonathan Harris · President · $34K
Money in and out
$122K revenue, $137K expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$122K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
11.0mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▼ -126% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$122K
FY2024▼ -49%
Expenses
$137K
FY2024▲ +6%
Total assets
$130K
FY2024▼ -10%
Total liabilities
$288
FY2024▼ -83%
Total revenue
$122K
Pt VIII · Ln 12
Total expenses
$137K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$130K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHasting Foundation for Helping Humanity
EINHdr · item D87-3802550
Principal addressHdr · item CFlowood, MS
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B30)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$33,583Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jonathan Harris’s $34K as President is at the 26th percentile of top reported officer pay among 1616 $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

NameFY2024FY2023FY2022
Jonathan Harris$33,583$62,000$62,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $131K of program spending, described in the organization's own filed words · FY2024.
01

To provide career path education such as auto mechanics and STEM/SOFTWARE development to students in middle and high school who are not being offered these courses.

$131Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$120K · 98%
Investment income$2K · 2%
Contributions & grants98%$120K
Investment income2%$2K
Total revenueLn 12$122K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$131K
Management & general5%$6K
Total functional expensesLn 25$137K

Balance Sheet

Part X · end of year
CashLn 1$126K
Total assetsLn 16$130K
Total liabilitiesLn 26$288
Total net assetsLn 32$130K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $126K · Operating expenses/yr $137K
11.0 months
Where the money goes
Program services
Program services $131K · Total expenses $137K
95%
Management & General
Management & general $6K · Total expenses $137K
5%
Fundraising
Fundraising $0 · Total expenses $137K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $180K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $120K · Total revenue $122K
98%
Government reliance
Government grants — · Total revenue $122K
Earned-income share
Program service revenue $0 · Total revenue $122K
0%
Investment reliance
Investment income $2K · Total revenue $122K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $137K
0%
Growth & trend
Revenue growth (YoY)
This year $122K · Prior year $240K
-49%
Net-asset trend (YoY)
End of year $130K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $122K · Expenses $137K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $130K
Net-asset ratio
Net assets $130K · Total assets $130K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $130K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jonathan Harris · Reported title PRESIDENT · Highest reported compensation $34K · Total expenses $137K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $59K · Total expenses $137K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth -49%
Accounting fee ratio 0.7%

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.

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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)$122K revenue · viewing · ⤓ 990 PDF
FY2023$240K revenue · ⤓ 990 PDF
FY2022$9K revenue · ⤓ 990 PDF
FY2021$120K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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