Totals
- Total revenue
- $185,030
- Total expenses
- $114,484
- Contributions and grants received
- $185,030
- Grants paid
- not reported
- Program service revenue
- $0
- Membership dues (line 3)
- $0
- Investment income (line 4)
- $0
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $195,857
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- $195,857
- Program service expenses (Part III)
- $103,036
Program services were 90.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2022
Primary exempt purpose
The Hatch Innovation Hub is the home of high growth focused entrepreneurs in Asheville and Western North Carolina
-
Pressure Tests: Every business needs help working through challenges. Thisprogram is a 90-day sprint with mentors, designed to help founders identify thoseobstacles and chart a path to success. 15 companies have completed the Pressure Test experience.
Expenses $103,036
-
1 Million Cups: Introduces founders, mentors and investors to theWNC startup ecosystem. On average 45 people attend this weekly event. In 2022, 36companies presented at this program sharing a wealth of knowledge with participants.
-
Pitch Parties: Hatch promotes a save environment for entrepreneur to "pitch" theirideas to peers, other founders or investors. A skill vital for successIn 2022, 7 pitches were mades with an average of 25 attendees.
As filed on the 2022 return.
Listed in Part IV
-
George Glackin
Chair
- Total calculated
- $0
- Hours/week
- 15
-
Chris Buehler
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Charlie Ball
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Laura Juarez
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Mike Baer
Board Member
- Total calculated
- $0
- Hours/week
- 6
-
Meghan Bausone
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Angela Brandt
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Jesse Fripp
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Eileen Hutchison
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jon Jones
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Kaplan
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Meg Ragland
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Maui Vang
Board Member
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2022
- Filed
- 6 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301609349200905
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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