HackNY
Legal name: Hack Ny Inc
Nonprofit profile at a glance
- EIN
- 273758609
- IRS 990-EZ coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9294294225
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $130,763
- Expenses
- $259,852
- Assets
- $172,533
- Liabilities
- $5,226
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- CHRIS WIGGINS (CO-PRESIDENT)
People named in this filing
- Eric Wu (Chairman)
- EVAN KORTH (Treasurer)
- CHRIS WIGGINS (CO-PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
HackNY's mission is to give technologists the confidence and experience to use tech for good in their careers and build a more just tech industry.
What it reported doing in 2024
The summer fellows program pairs quantitative and computational students with startups which can demonstrate a strong mentoring environment. Students attend pedagogical lecture series to introduce them to the ins and outs of joining and founding startup companies. The programs are designed to put the student into a real life situation whereby they (1) receive real life assignments, (2) are mentored by individuals with extensive experience in their field, and (3) have an opportunity to work in a professional environment.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 68.5%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -98.7%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 22.6%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -7.5% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 68.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $178K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.