RCivil Rights, Social Action & AdvocacyEIN: 112290832· Ruling Year: 1974

Hanac Inc

New York, New York

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Civil Rights, Social Action & Advocacy with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median7.51×
💰
$18.7M
Total Revenue
📊
$18.1M
Total Expenses
🏦
$11.2M
Net Assets
📋
$17.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.3%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
61.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$18,684,2798%$18,065,91710%$29,101,7303%
2022$20,374,18846%$16,419,67610%$28,146,50613%
2021$13,915,2612%$14,989,40014%$24,898,755
2020$13,648,02010%$13,142,5609%$25,016,2038%
2019$15,105,5056%$14,367,6104%$23,068,3831%
2018$14,225,3912%$13,861,8176%$22,912,8248%
2017$14,529,72424%$13,048,9666%$21,309,1901%
2016$11,721,5395%$12,285,4646%$21,039,1722%
2015$11,173,67810%$11,559,21116%$20,547,4776%
2014$10,116,84115%$9,929,77811%$19,380,5971%
2013$11,862,48429%$11,182,93332%$19,279,9341%
2012$16,681,04026%$16,343,99924%$19,122,65317%
2011$13,258,932$13,228,857$16,288,594

Frequently Asked Questions

What does Hanac Inc do?

Hanac Inc is a civil rights, social action & advocacy nonprofit organization based in New York. It is classified under NTEE code R20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hanac Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hanac Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hanac Inc generate?

Hanac Inc reports $19.9M in annual revenue and holds $30.6M in total assets, based on IRS filings.

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Hanac Inc — New York, NY | GiveScope