Skip to main content

Nonprofit · EIN 84-2795993

HIT THE BOOKS INC

Tax-exempt · NEW YORK, NY 10022

Financials

$955K$931K2023$1M$1.1M2024$2.5M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of HIT THE BOOKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,468,494$1,107,617$1,360,877$1,895,276$276,801$1,618,475
December 31, 2024990$1,026,509$1,082,873-$56,364$730,731$473,133$257,598
December 31, 2023990$954,849$931,496$23,353$954,855$640,893$313,962
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,453,817
of which government grants
$84,503
Program service revenue
$0
Investment income
$14,677
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$189,469
Other salaries and wages
$378,138
Salaries, compensation and benefits (total)
$668,777
Professional fundraising fees
$0
Accounting fees
$19,500
Occupancy
$239,302
Depreciation
$17,638
Program services (functional)
$1,033,535
Management and general (functional)
$74,082

Balance sheet and other

Total assets, start of year
$730,731
Total assets, end of year
$1,895,276
Total liabilities, end of year
$276,801
Net assets, end of year
$1,618,475
Land, buildings and equipment
$71,905
Net assets without donor restrictions
$618,475
Net assets with donor restrictions
$1,000,000
Gross receipts
$2,509,884
Employees
26
Volunteers
14
Year formed
2019
State of legal domicile
NY

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Jhae ThompsonBoard Member/ Exec Director
Trustee or director, Officer
40$165,393$24,076
Justin HaberBoard Chair
Trustee or director, Officer
1$0$0
Zachary levyBoard Vice Chair
Trustee or director, Officer
1$0$0
Mark BaiBoard Member
Trustee or director
1$0$0
Jordan BarrowBOARD MEMBER
Trustee or director
1$0$0
Andrew SilverSecretary
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
Jhae ThompsonBoard Member/ Exec Director
Trustee or director, Officer
40$151,481$20,468
Justin HaberBoard Chair
Trustee or director, Officer
1$0$0
Zachary levyBoard Vice Chair
Trustee or director, Officer
1$0$0
Victor BoadumSecretary
Trustee or director, Officer
1$0$0
Mark BaiBoard Member
Trustee or director
1$0$0
Sushma ChennubhotlaBoard Member
Trustee or director
1$0$0
Tushar KhadloyaBoard Member
Trustee or director
1$0$0
Kazz PinkardBoard Member
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
Jhae ThompsonBoard Member/ Exec Director
Trustee or director, Officer
40$57,234$125
Justin HaberBoard Chair
Trustee or director, Officer
15$0$0
Zachary levyBoard Vice Chair
Trustee or director, Officer
15$0$0
Phillip IsomTreasurer
Trustee or director, Officer
1$0$0
Victor BoadumSecretary
Trustee or director, Officer
1$0$0
Caeli HarrBoard Member
Trustee or director
1$0$0
Mark BaiBoard Member
Trustee or director
1$0$0
Sushma ChennubhotlaBoard Member
Trustee or director
1$0$0
Tushar KhadloyaBoard Member
Trustee or director
1$0$0
Kazz PinkardBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
145 E 57TH ST FL 11, NEW YORK, NY 10022-2191
In care of
% HIT THE BOOKS INC
Principal officer (990 for 2025)
Justin Haber, 145 E 57th ST FL 11, New York, NY 10022
Signed the 990
Justin Haber, EXECUTIVE DIRECTOR
Phone
(212) 392-2660
Return prepared by
WITHUMSMITHBROWN PC

Mission

SEE SCHEDULE O FOR THE MISSION STATEMENT AND ORGANIZATIONAL VALUES.

990 for the year ended December 31, 2025

Program accomplishments

  • For the charitable purposes of providing underprivileged youth with after-school boxing classes, educational programs such as academic tutoring, and mentorship in order to help them develop outside of the classroom physically, intellectually, and emotionally; providing them with educational and professional opportunities that may otherwise pass them by through fostering an environment of educational equality; and developing into a community within a community where they feel safe and view the gym as a second home.
    Expenses $1,033,535

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2795993
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,895,276
Income (IRS master file)
$2,509,884

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,468,494$1,107,617$1,895,276XML
990December 2024$1,026,509$1,082,873$730,731XML
990December 2023$954,849$931,496$954,855XML
990December 2022$750,134$753,975$1,093,410IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2019–––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 84-2795993).

Questions about HIT THE BOOKS INC

What is the EIN of HIT THE BOOKS INC?
The employer identification number (EIN) of HIT THE BOOKS INC is 84-2795993.
Is HIT THE BOOKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to HIT THE BOOKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HIT THE BOOKS INC 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 HIT THE BOOKS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HIT THE BOOKS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HIT THE BOOKS INC?
The 990 for the year ended December 31, 2025 names Justin Haber.
Who are the officers and directors of HIT THE BOOKS INC?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $165,393 (Jhae Thompson, Board Member/ Exec Director).
How much revenue does HIT THE BOOKS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,468,494, expenses of $1,107,617 and total assets of $1,895,276 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Youth development