CARING HANDS OUTREACH CENTER INC (EIN 200390118) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MELISSA HORTON

Phone

5159674533

Tax Period

2023-01-01 to 2023-12-31

CARING HANDS OUTREACH CENTER INC, founded in 2003, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $960K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

CARING HANDS OUTREACH CENTER IS A NETWORK OF CHRISTIAN CHURCHES AND COMMUNITY PARTNERS THAT MOBILIZES EASTERN POLK COUNTY IOWA FOR COMPASSIONATE SERVICE TOWARD THEIR NEIGHBORS. THE ORGANIZATION OPERATES A FOOD PANTRY PROVIDING GROCERIES TO QUALIFIED INDIVIDUALS LIVING IN THE SOUTHEAST POLK COMMUNITY. THE ORGANIZATION ALSO PROVIDES ASSISTANCE WITH RENT, LIVING, AND OTHER EXPENSES TO QUALIFIED INDIVIDUALS LIVING IN THE SOUTHEAST POLK COMMUNITY. THE ORGANIZATION OPERATES A THRIFT STORE AT ITS ALTOONA, IA LOCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $944,347

Program Service Revenue $0

Investment Income $13,618

Other Revenue $2,487

TOTAL REVENUE $960,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $475,407

Fundraising Expenses $84,678

Program Expenses $770,935

Other Expenses $598,804

TOTAL EXPENSES $1,074,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$960,452	$1,177,422	-0.2%
Expenses	$1,074,211	$1,016,361	+0.1%
Net Income	$-113,759	$161,061	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

125

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$72,115

Total Directors

$72,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NED LOONEY	Executive Dir.	40.00	Officer Director	$72,115	$0	$72,115
JODI URICH	CEO	40.00	Officer Director	$0	$0	$0
BARRON GEIGER	Director	1.00	Director	$0	$0	$0
MIKE HARTWIG	President	1.00	Officer Director	$0	$0	$0
MELISSA HORTON	Director	1.00	Director	$0	$0	$0
SHELLY HERRIN	Director	1.00	Director	$0	$0	$0
NATHAN ANENSON	Director	1.00	Director	$0	$0	$0
SHARON VANDERSCHEL	Director	1.00	Director	$0	$0	$0
CLAUDIA MIRANDA	Director	1.00	Director	$0	$0	$0
CRAIG PERRY	Treasurer	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$960,452	$1,074,211	$3,133,948	$-113,759
2022	$1,177,422	$1,016,361	$3,266,993	$161,061
2021	$1,022,606	$646,112	$3,134,855	$376,494
2020	$727,489	$553,466	$658,807	$174,023
2019	$562,503	$563,005	$484,387	$-502
2018	$590,966	$505,477	$534,118	$85,489

CARING HANDS OUTREACH CENTER INC