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Nonprofit · EIN 30-0261283

HATCH

Tax-exempt · BOZEMAN, MT 59771

Financials

$1M$1.1M2023$939K$1M2024
Revenue Expenses · by fiscal year end
Financials of HATCH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$938,576$1,031,744-$93,168$66,538$60,825$5,713
December 31, 2023990$1,047,907$1,091,071-$43,164$158,914$60,033$98,881
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$511,960
Program service revenue
$424,865
Investment income
$0
Net income from fundraising events
$1,751
Other revenue
$1,751

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$200,000
Salaries, compensation and benefits (total)
$229,488
Professional fundraising fees
$0
Accounting fees
$4,538
Occupancy
$237,272
Travel
$24,117
Depreciation
$2,686
Program services (functional)
$967,739
Management and general (functional)
$61,706
Fundraising (functional)
$2,299

Balance sheet and other

Total assets, start of year
$158,914
Total assets, end of year
$66,538
Total liabilities, end of year
$60,825
Net assets, end of year
$5,713
Land, buildings and equipment
$1,399
Net assets without donor restrictions
$5,713
Gross receipts
$938,576
Employees
2
Volunteers
10
Year formed
2004
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YARROW KRANERChairman
Trustee or director
40$100,000
Jared SilvermanCOO
Officer
40$100,000
Elke GovertsenChairman
Trustee or director
2$0
JAY HIRSCHTONTreasurer
Trustee or director, Officer
1$0
SUSAN CARSTENSENChairman
Trustee or director
1$0
ERICA MACKEYChairman
Trustee or director
2$0
Renay LoperSecretary
Trustee or director, Officer
1$0
Otho KerrPresident
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
YARROW KRANERChairman
Trustee or director
40$100,000
Jared SilvermanCOO
Officer
40$88,333
Elke GovertsenSecretary
Trustee or director, Officer
2$0
JAY HIRSCHTONTreasurer
Trustee or director, Officer
1$0
SUSAN CARSTENSENPresident
Trustee or director, Officer
1$0
ERICA MACKEYChairman
Trustee or director
2$0
Renay LoperChairman
Trustee or director
1$0
Otho KerrChairman
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 6340, BOZEMAN, MT 59771-6340
In care of
% MCDERMOTT FINANCIAL SERVICES
Principal officer (990 for 2024)
Jared Silverman, PO BOX 6340, BOZEMAN, MT 59771
Signed the 990
Jared Silverman, COO
Phone
(928) 203-6484
Return prepared by
CHRISTINE M COUBROUGH CPA

Mission

Hatch is a global network of pivotal thought leaders whose collaborations result in innovations across a broad spectrum of disciplines and industries, addressing global issues, mentoring and inspiring, all in an effort to Hatch a better world.

990 for the year ended December 31, 2024

Program accomplishments

  • HATCH LABS ACTS AS A THINK TANK OF DIVERSE INFLUENCERS BROUGHT TOGETHER TO WORK ON SOLVING REAL WORLD CHALLENGES. THE PLATFORM TAPS INTO THE INCREDIBLE RESOURCE OF THE HATCH NETWORK TO CURATE A TEAM OF CHANGE AGENTS WITH NEW WAYS OF THINKING AND EXECUTING TO COMPANIES AND ORGANIZATIONS.
    Expenses $967,739 · revenue $938,576

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
30-0261283
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,538
Income (IRS master file)
$938,576

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$938,576$1,031,744$66,538IRS
990December 2023$1,047,907$1,091,071$158,914XML
990December 2022$691,311$679,122$206,276IRS
990December 2021–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0261283).

Questions about HATCH

What is the EIN of HATCH?
The employer identification number (EIN) of HATCH is 30-0261283.
Is HATCH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to HATCH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HATCH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HATCH due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HATCH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HATCH?
The 990 for the year ended December 31, 2024 names Jared Silverman.
Who are the officers and directors of HATCH?
The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $100,000 (YARROW KRANER, Chairman).
How much revenue does HATCH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $938,576, expenses of $1,031,744 and total assets of $66,538 at year end.

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