Hark Society Inc

Nonprofit profile at a glance

EIN
462031254
IRS 990-EZ coverage
2014–2018
Forms available
Form 990-EZ 2018
Location
New York, NY, USA
Phone
6096681886
Rating confidence
Limited
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$30
Expenses
$2,580
Assets
$46,313
Liabilities
$148

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • KAITLIN MARGRAF (President)
  • ALEX TYNION (President)

People named in this filing

  • KAITLIN MARGRAF (President)
  • KATIE EISENSTEIN (Director)
  • COLLEEN SULLIVAN (Director)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help children in underserved communities develop their passions through extra-curricular and extra-classroom activities so that they can benefit from a well-rounded education. We provide small grants to sponsor unique, personalized programs in New York City that will inspire children to thrive and succeed through a full-educational experience and eventually become contributing members in their community.

What it reported doing in 2018

Mentoring/volunteer programs - our mentors and volunteers work with participants to carry out our charitable purpose. This includes both one on one and group activities with participants who would otherwise not have access to these programs, events, and activities.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8,500%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 17.95; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.