Habtech Solutions INC

Burke, VAUnknown exempt organizationSince 2024EIN 93-1802956

By prioritizing education, healthcare, and access to critical information, HSI aims to build resilient, self-sufficient communities and drive meaningful, lasting impact in the lives of those it serves.

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $2.4M a year · 57% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Cash reserves
31 mo
of spending, in cash
Looks good: 31.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$170K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
+62% vs prior year
Spent
$2.0M
Net assets
$5.0M
By yearFY2024–FY2025
Revenue
$5.1M
FY2025▲ +62%
Revenue by fiscal year
FY2024$3.2M
FY2025$5.1M
Expenses
$2.0M
FY2025▲ +23%
Expenses by fiscal year
FY2024$1.6M
FY2025$2.0M
Net assets
$5.0M
FY2025▲ +213%
Net assets by fiscal year
FY2024$1.6M
FY2025$5.0M

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Habtech Solutions 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 15aYes

Programs and updates

Empowers communities globally with technology, training, and inclusive development.

Provided by the organization

This section is blank until Habtech Solutions INC claims this page.

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1 program service, described in the organization's own filed words · FY2025.
01

In 2024, HSI implemented a series of integrated development programs in underserved regions in Ethiopia, leveraging digital technologies to expand access to education, telehealth, and training resources. The organization deployed mobile health network in rural communities, and conducted virtual capacity-building workshops.

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Gifts and grantsLn 1h$5.1M
Investment incomeLn 3$899
Money outPt IX
$2.0M
Ln 25
Owns and owesPt X
$5.0M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$5.1M
LiabilitiesLn 26$170K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.1M
Investment incomeLn 3$899
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$5.1M
Cash and savings togetherLn 1–2$5.1M
Other assetsLn 15$8K
Total assetsLn 16$5.1M
LiabilitiesLn 26$170K
Net assetsLn 32$5.0M
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.6M$5.1M
Total assetsLn 16$1.6M$5.1M
LiabilitiesLn 26$0$170K
Net assetsLn 32$1.6M$5.0M
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$721K
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$81K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$7K
Management feesLn 11a$106K
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$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$0
TravelLn 17$156K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$23K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$821K
All other expensesLn 24e$44K
Total functional expensesLn 25$2.0M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.1M$2.0M$3.2M$5.0M 990 PDF
FY2024 $3.2M$1.6M$1.6M$1.6M 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
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $5,135,114 across 4 lines filed
VIII-1f All other contributions, gifts and grants$5,134,215
VIII-1h Total contributions, gifts and grants$5,134,215
VIII-3 Investment income$899
VIII-12 Total revenue$5,135,114
Part IX · Statement of functional expenses $1,957,621 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$721,180
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 wages$80,777
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$6,525
IX-11a Management fees$105,709
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$155,742
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$22,843
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$821,082
IX-24e All other expenses$43,763
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,957,621
Part X · Balance sheet $5,127,671 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1,582,822$5,054,201
X-3 Pledges and grants receivable$65,586
X-15 Other assets$7,884
X-16 Total assetsStart of year $1,582,822$5,127,671
X-17 Accounts payable and accrued expenses$170,249
X-26 Total liabilitiesStart of year $0$170,249
X-32 Total net assets or fund balancesStart of year $1,582,822$4,957,422
X-33 Total liabilities and net assetsStart of year $1,582,822$5,127,671
Part XI · Reconciliation of net assets $4,957,422 net assets at year end
XI-1 Total revenue$5,135,114
XI-2 Total expenses$1,957,621
XI-3 Revenue less expenses$3,177,493
XI-4 Net assets at start of year$1,582,822
XI-8 Prior period adjustments$197,107
XI-10 Net assets at end of year$4,957,422

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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