Hanac Inc
Astoria, New York
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $18,684,279↓8% | $18,065,917↑10% | $29,101,730↑3% | |
| 2022 | $20,374,188↑46% | $16,419,676↑10% | $28,146,506↑13% | — |
| 2021 | $13,915,261↑2% | $14,989,400↑14% | $24,898,755 | — |
| 2020 | $13,648,020↓10% | $13,142,560↓9% | $25,016,203↑8% | — |
| 2019 | $15,105,505↑6% | $14,367,610↑4% | $23,068,383↑1% | — |
| 2018 | $14,225,391↓2% | $13,861,817↑6% | $22,912,824↑8% | — |
| 2017 | $14,529,724↑24% | $13,048,966↑6% | $21,309,190↑1% | — |
| 2016 | $11,721,539↑5% | $12,285,464↑6% | $21,039,172↑2% | — |
| 2015 | $11,173,678↑10% | $11,559,211↑16% | $20,547,477↑6% | — |
| 2014 | $10,116,841↓15% | $9,929,778↓11% | $19,380,597↑1% | — |
| 2013 | $11,862,484↓29% | $11,182,933↓32% | $19,279,934↑1% | — |
| 2012 | $16,681,040↑26% | $16,343,999↑24% | $19,122,653↑17% | — |
| 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 $24.5M in annual revenue and holds $33.0M in total assets, based on IRS filings.
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