Overview
What is Hatch Inc?
Hatch Inc, based in Carmel, Indiana, is a nonprofit organization dedicated to addressing the issue of hunger. Their primary mission is to provide high-quality protein to undernourished individuals of all ages. Hatch for Hunger, a program of Hatch Inc, facilitates this initiative by linking egg producers with food banks and pantries. By doing so, they distribute nutritious eggs, contributing to over 30 million two-egg meals in 2022. The organization's reach expanded to 48 food banks in 20 states in 2022, furthering their commitment to combating hunger. Hatch Inc operates with a small team of eight dedicated individuals.
Official website here: www.hatchforhunger.com/
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating)
Hatch Inc has achieved a solid Three-Star rating, reflecting a commendable performance, particularly in areas such as impact measurement and leadership adaptability. With an impressive score of 91 in Impact & Measurement, the organization demonstrates a strong commitment to assessing its effectiveness and outcomes. Additionally, the organization’s leadership scored a perfect 100, indicative of its ability to adapt and thrive under changing conditions.
Despite its strengths, Hatch Inc has room for improvement in its Accountability & Finance score, which stands at 60. While the organization has a high program expense ratio of 87.11%, indicating efficient use of funds towards its mission, the financial audit score suggests potential areas of concern. The financial statements could benefit from enhanced transparency and robustness to further bolster donor confidence.
Overall, Hatch Inc shows a dedication to community culture and effective feedback mechanisms, scoring 83 in Culture & Community and full marks in feedback collection and usage. The outlined strategic goals for growth and advocacy further emphasize the organization's proactive approach. While there are aspects needing attention, such as financial accountability, Hatch Inc remains focused on impactful outcomes and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Hatch Inc legitimate?
Hatch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hatch Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $339,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,690
For more financial information, click here
Official website here: www.hatchforhunger.com/
What is the mission statement of Hatch Inc?
Hatch Inc's mission is centered around addressing hunger, specifically focusing on providing high-quality protein to individuals facing food insecurity. Through their initiative, Hatch for Hunger, they establish connections between egg producers and food banks and pantries, ensuring the delivery of nutritious eggs to undernourished individuals of all ages. In 2022, their reach expanded to 48 food banks in 20 different states, delivering over 5 million dozen eggs, which equates to over 30 million two-egg meals.
Official website here: www.hatchforhunger.com/
Who is the CEO of Hatch Inc?
Danny Leckie is the Chairman of Hatch Inc.
Official website here: www.hatchforhunger.com/
What is the revenue of Hatch Inc?
Hatch Inc's revenue in 2022 was $3,737,704.
Official website here: www.hatchforhunger.com/
Who are the executives of Hatch Inc and what are their salaries?
The average compensation at Hatch Inc during 2022 was $59,866. There are 8 employees at Hatch Inc.
Here are 7 key members and their salaries:
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- Compensation: $143,000
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- Other: $22,171
- Compensation: $150,550
- Related: $0
- Other: $23,516
Official website here: www.hatchforhunger.com/
Where can I find the form 990 for Hatch Inc?
Hatch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hatchforhunger.com/
Learn more at the official website: www.hatchforhunger.com/
Mission Statement of Hatch Inc
Hatch Inc, an organization dedicated to combating hunger, has a mission to make it convenient for consumers, grocery stores, and local farmers to provide high-quality protein to undernourished individuals of all ages. At the heart of Hatch's mission is the connection of egg producers with food banks and pantries, ensuring that these essential nutrients reach those in need. In 2022, Hatch expanded its reach, partnering with 48 food banks in 20 states. This expansion led to the distribution of 5.1 million dozen eggs, providing over 30 million two-egg meals to undernourished individuals. This endeavor by Hatch Inc underscores its commitment to addressing hunger and providing essential nutrients to those who require it most.
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Impact
July, 2024
Hatch Inc's impact is significant in the fight against hunger by providing quality protein to undernourished people of all ages. Through its program, Hatch for Hunger, the organization connects egg producers with food banks and pantries to ensure that nutritious food reaches those in need. In 2022, the initiative expanded from 12 to 48 food banks in 20 states, delivering 5.1 million dozen eggs, equivalent to over 30,000,000 two-egg meals. This expansion demonstrates the organization's commitment to addressing food insecurity and making a tangible difference in the lives of individuals experiencing hunger.
This information is meant to be a general summary of Hatch Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,904
- Gross Receipts: $10,827,767
Assets and Liabilities:
- Total Assets: $564,003
- Total Liabilities: $442,208
- Net Assets: $121,795
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Organization Details
Founding Year
2017
Phone
(317) 331-3364Principal Officer
Danny Leckie
Main Address
11611 N MERIDIAN STREET 105, CARMEL, IN, 46032
Website
www.hatchforhunger.com/NTEE Category
Code: K30 - Food
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