The Hadanou Collective
Nonprofit profile at a glance
- EIN
- 475606568
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Denver, CO, USA
- Phone
- 3033327066
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $8,814,473
- Expenses
- $7,164,551
- Assets
- $3,736,951
- Liabilities
- $836,982
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ROBB PIKE (PRESIDENT)
Highest reported compensation
- NATHAN PAI SCHMITT (EXECUTIVE DI): $168,157 total reported compensation
- SAMANTHA GIACOBOZZI (EMPLOYEE): $134,440 total reported compensation
- CHRISTINA TRAEGER (EMPLOYEE): $132,999 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hadanou collective (hnc) works to solve systemic issues that keep the social sector from being as impactful as it should. Hnc partners with both nonprofits and funders to build novel solutions to the most significant barriers they face. Hnc build systems, tools, and trainings to make those solutions widely available throughout the sector.
What it reported doing in 2024
The hadanou collective works to find, develop and coordinate with community-rooted leaders of social impact organizations. We work with them to increase their impact through high impact trainings, coaching and advising in specific areas of support including strategic clarity/focus, fundraising strategy, operational efficiency and effectiveness, conducting and utilizing impact research, etc. Hnc also creates a space in which leaders of these organizations can both collaborate across their organizations and learn from one another.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 75
- Accountability: 100
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.5%; rating input score 77
- Program expense ratio: 95.3%; rating input score 95
- Fundraising efficiency: $276.43 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.7%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 9.3%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 31.9% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 27.9% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 23.1% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 77.5% of revenue deployed · 95.3% of spending went to programs
- Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.8M in reported program spending
- Leadership: top reported pay $168K · 9 people listed · 1 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 27 filed money-flow records
- Related organizations: 22 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.