Hacking For Defense Incorporated
EIN: 812345565 · Arlington, VA · NTEE: M12
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $2.3M |
| Net Assets | $1.6M |
Is Hacking For Defense Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hacking For Defense Incorporated
Hacking For Defense Incorporated (EIN: 812345565) is a nonprofit organization based in Arlington, VA, classified under NTEE code M12. The organization reported total revenue of $1.2M and total assets of $894K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hacking For Defense Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hacking For Defense Incorporated is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 58.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-385,081 |
| Total Assets | $1.6M |
| Total Liabilities | $17K |
| Net Assets | $1.6M |
| Operating Margin | -20.0% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Hacking For Defense Incorporated reported a deficit of $385K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Hacking For Defense Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 58.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | +30.8% | -20.7% |
| 2022 | +6.5% | +29.7% | +41.4% |
| 2021 | +130.8% | +78.7% | +212.2% |
| 2020 | +77.1% | +112.7% | +85.9% |
| 2019 | +847.8% | +328.5% | +399.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hacking For Defense Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hacking For Defense Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $385K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Hacking For Defense Incorporated
Is Hacking For Defense Incorporated a legitimate charity?
Hacking For Defense Incorporated (EIN: 812345565) is a registered tax-exempt nonprofit based in Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Hacking For Defense Incorporated spend its money?
Hacking For Defense Incorporated reported $1.2M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hacking For Defense Incorporated tax-deductible?
Hacking For Defense Incorporated is registered as a tax-exempt nonprofit (EIN: 812345565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hacking For Defense Incorporated located?
Hacking For Defense Incorporated is headquartered in Arlington, Virginia and files with the IRS under EIN 812345565. It is classified under NTEE code M12.
How many years of IRS 990 filings does Hacking For Defense Incorporated have?
Hacking For Defense Incorporated has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Hacking For Defense Incorporated showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Hacking For Defense Incorporated's revenue has grown by 1495%, moving from $121K to $1.9M. Total assets increased by 2030.2% over the same period, from $75K to $1.6M. Total functional expenses rose by 4835.5%, from $47K to $2.3M. In its most recent filing year (2023), Hacking For Defense Incorporated reported a deficit of $385K, with expenses exceeding revenue. The organization holds $17K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.3M | $1.6M | $17K | — | View 990 |
| 2022 | $2.4M | $1.8M | $2.0M | $46K | — | View 990 |
| 2021 | $2.2M | $1.4M | $1.4M | $82K | — | — |
| 2020 | $972K | $762K | $454K | $0 | — | View 990 |
| 2019 | $549K | $358K | $244K | $0 | — | View 990 |
| 2018 | $58K | $84K | $49K | $0 | — | View 990 |
| 2017 | $121K | $47K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.3M, and assets of $1.6M (revenue -19.4% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $2.0M (revenue +6.5% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.4M, and assets of $1.4M (revenue +130.8% year-over-year).
- 2020: Revenue of $972K, expenses of $762K, and assets of $454K (revenue +77.1% year-over-year).
- 2019: Revenue of $549K, expenses of $358K, and assets of $244K (revenue +847.8% year-over-year).
- 2018: Revenue of $58K, expenses of $84K, and assets of $49K (revenue -52.0% year-over-year).
- 2017: Revenue of $121K, expenses of $47K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hacking For Defense Incorporated:
Data Sources and Methodology
This transparency report for Hacking For Defense Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.