Hackdiversity Inc
Only null% goes to programs Strong reserves Growing revenue
Hackdiversity Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2022, with $2,005,847 in FY2024 revenue. CharityIndex grades it D.
50 Milk St Fl 16, Boston, MA, 02109 EIN 87-2063464 Since 2022
Revenue (FY2024)
$2.0M
▼ 39.1% vs prior year
Employment median: $367K
Expenses (FY2024)
$3.3M
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hackdiversity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating6 mo reserves · -65% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hackdiversity Inc: 6 mo reserves · -65% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hackdiversity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hackdiversity Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 50 Milk St Fl 16, Boston, MA, 02109
- City
- Boston
- State
- Massachusetts
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Website
- …
Financial trends
Revenue grew from $298K (FY2021) to $2.0M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
-65.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,005,847▼39.1% | $3,317,254▲7.2% | $1,724,009▼44.7% | $1,724,009▼47.6% | 990 |
| 2023 | $3,293,661▼18.2% | $3,093,173▲37.1% | $3,116,416▲6.9% | $3,287,311▼4.0% | 990 |
| 2022 | $4,026,152▲1251% | $2,256,458▲296% | $2,915,928▲138% | $3,424,962▲114% | 990 |
| 2021 | $297,996 | $570,474 | $1,226,234 | $1,597,060 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.4M total
14 grants to Hackdiversity Inc totaling $2.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Non-profit Management Foundation | Program development/evaluation | 2024 | $250,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| American Online Giving Foundation Inc | General support | 2024 | $5,152 |
| Silicon Valley Community Foundation | Workforce development | 2023 | $500,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $129,000 |
| Boston Foundation Inc | Economic development | 2023 | $125,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $39,000 |
| Boston Foundation Inc | Economic development | 2022 | $990,849 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $229,652 |
| National Philanthropic Tr | Human services | 2022 | $35,000 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $26,889 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $20,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2022 | $10,000 |
| American Online Giving Foundation Inc | General support | 2022 | $6,870 |
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Frequently asked questions
- Is Hackdiversity Inc a legitimate nonprofit?
- Yes. Hackdiversity Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-2063464, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Hackdiversity Inc's EIN?
- Hackdiversity Inc's Employer Identification Number (EIN) is 87-2063464.
- How much revenue does Hackdiversity Inc report?
- Hackdiversity Inc reported $2,005,847 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hackdiversity Inc have?
- CharityIndex grades Hackdiversity Inc D, based on financial health (reserves and operating margin).
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Data for Hackdiversity Inc (EIN 87-2063464) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.