Nonprofit screen
Screen a listHug It Forward Inc
Can you give?
Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$87krevenue
FY2024 · −64% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−126.5%
Months of reserve9.8mo
Revenue growth (annualized)−23.6%
Middle half of peersMedianHug It Forward
Where the money goes FY2024 · $197k spent
Programs$170k86%Management and general$27k14%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 25% of revenue stopped after FY2022
Kynect Cares Foundation Inc gave about $50k a year for two years, 25% of revenue in FY2022.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$88k in FY2022 and −$110k in FY2024. Cash covers 9.8 months, under the peer median of 16.6.
990 Part I and balance sheetIn its favor
None found in the filings.
10funders
$50ka year, last 3 years
67%from its largest funder
Funder’17’18’19’20’21’22’23Worldventures FoundationStopped after FY2018$514k$25k–Kynect Cares Foundation IncStopped after FY2022$75k$25k–Jadetree FoundationOn and off$13kZero Six One Nine FoundationOn and off$3kLft Family FoundationOn and off$1kDonor-advised giftsDonors not disclosed$6k$49$6k$14k$30k
FundedThrough a donor-advised fundStopped