OPEN HANDS FOUNDATION

EIN: 200456778 501(c)(3) Philanthropy & Grantmaking

EXCELSIOR, MN

Total Revenue
$664,111
Total Expenses
$1,436,989
Total Assets
$606,837
Net Assets
$562,840
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
STEVEN LATTU
Phone
9528186048
Tax Period
2024-08-01 to 2025-07-31

OPEN HANDS FOUNDATION, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $664K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 116% operating deficit.

Mission

WE OFFER LOVE, DIGNITY AND HOPE BY MEETING CRITICAL NEEDS OF PEOPLE IN OUR COMMUNITY. CURRENTLY OUR ONLY PROGRAM IS HOPE HOUSE, A YOUTH CRISIS AND COUNSELING SHELTER.

Program Service Accomplishments

Program 1
Expenses: $1,214,944 Revenue: $0

SEE SCH O.HOPE HOUSE IS A YOUTH CRISIS AND COUNSELING SHELTER PROVIDED BY THE ORGANIZATION THROUGH A PARTNERSHIP WITH 180 DEGREES (PROGRAM SERVICE PROVIDER) AND WESTWOOD COMMUNITY CHURCH. THE SHELTER...

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SEE SCH O.HOPE HOUSE IS A YOUTH CRISIS AND COUNSELING SHELTER PROVIDED BY THE ORGANIZATION THROUGH A PARTNERSHIP WITH 180 DEGREES (PROGRAM SERVICE PROVIDER) AND WESTWOOD COMMUNITY CHURCH. THE SHELTER PROVIDES SAFE, STABLE AND SUPPORTIVE EMERGENCY HOUSING AND COUNSELING. SPECIFICALLY, IT PROVIDES: 6 BEDS FOR YOUTH IN CRISIS AGES 14-19; 24HR/ 7DAYS A WEEK CRISIS SHELTER; COUNSELING FOR YOUTH, PARENTS AND FAMILY; DEDICATED PROFESSIONAL STAFF; NO COST FOR SERVICES; AND A FIRST CALL FOR LAW ENFORCEMENT, SCHOOLS, COMMUNITY ORGANIZATIONS, HEALTHCARE PROVIDERS, AND FAMILIES IN CRISIS. YOUTH/FAMILY IMPACT: SINCE OPENING IN 2015, 4,606 IMPACTED YOUTH: WITH 870 YOUTH MAKING OVERNIGHT STAYS, AND 3,736 INQUIRIES HAVE BEEN HANDLED THROUGH CALLS OR TEXTS FOR HELP. HOUSING STABILITY (OUR GOAL IS TO HAVE KIDS BACK IN A SAFE/STABLE ENVIRONMENT): IN AUGUST 2024 - JULY 2025, 92% OF THE YOUTH ACHIEVED THIS GOAL AT EXIT AFTER AN AVERAGE OF 22 DAYS IN THE SHELTER. IN AUG'24 - JUL'25, 731 YOUTH WERE IMPACTED, WITH 83 MAKING OVERNIGHT STAYS. HOPE HOUSE BENEFITS TEENS AND THEIR FAMILIES, AS WELL AS THE BROADER COMMUNITY, INCLUDING SCHOOLS, HOSPITALS, AND LAW ENFORCEMENT, BY PROVIDING EMERGENCY SHELTER SERVICES, CASE MANAGEMENT, ADVOCACY, RESOURCE, REFERRAL AND WRAP-AROUND SERVICES TO YOUTH. THROUGH POSITIVE, PRO-ACTIVE, PROGRAMMING AND MESSAGES, HOPE HOUSE BUILDS CONFIDENCE; TEACHES THEM THAT THEY HAVE MANY OPTIONS IN LIFE; AND FOSTERS THE DEVELOPMENT OF THE SKILLS, ATTITUDES, AND BEHAVIORS TO MAKE RESPONSIBLE CHOICES. HOPE HOUSE CASE MANAGERS HELP YOUTH IDENTIFY NEEDS, SET GOALS, AND DEVELOP PLANS. HOPE HOUSE TEENS ARE MEANINGFULLY CONNECTED WITH COMMUNITY RESOURCES TO HELP THEM MEET THEIR GOALS IN THREE KEY AREAS: HOUSING, EMPLOYMENT, AND EDUCATION. YOUTH ARE ENCOURAGED TO PARTICIPATE IN ACTIVITIES IN THE COMMUNITY AS MUCH AS POSSIBLE.DURING THE YEAR, WE CONTINUED THE EXPANSION PROJECT FOR THE HOPE HOUSE PROGRAM. WE STARTED THE FISCAL YEAR WITH TEMPORARY RESTRICTED ASSETS FOR THE HOPE HOUSE PROGRAM OF $857,945. DURING THE FISCAL YEAR WE RECEIVED $421,695 IN DESIGNATED CONTRIBUTIONS TO HOPE HOUSE AND INCURRED $1,224,944 IN RELATED HOPE HOUSE PROGRAM EXPENSES, RESULTING IN $54,696 REMAINING IN TEMPORARILY RESTRICTED NET ASSETS AT YEAR END.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $622,699
Program Service Revenue $0
Investment Income $41,412
Other Revenue $0
TOTAL REVENUE $664,111

Expense Breakdown

Grants Paid $1,037,178
Salaries & Benefits $0
Fundraising Expenses $10,000
Program Expenses $1,214,944
Other Expenses $389,811
TOTAL EXPENSES $1,436,989

Year-over-Year Comparison

2024 2023 Change
Revenue $664,111 $1,470,098 -0.5%
Expenses $1,436,989 $512,252 +1.8%
Net Income $-772,878 $957,846 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
25

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
4
$103,911
Total Directors
7
$236,745
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL JOHNSON DIRECTOR 3.00
Director
$0 $94,538 $236,745
MICHAEL MOORE CHAIR 12.00
Officer Director
$0 $0 $0
STEVE LATTU TREASURER 12.00
Officer Director
$0 $0 $0
TAMI NORTON SECRETARY 5.00
Officer Director
$0 $0 $0
CANDYCE TRAUTWEIN DIRECTOR 2.00
Director
$0 $0 $0
CINDY ALNESS DIRECTOR 2.00
Director
$0 $0 $0
BRUCE ANDERSON DIRECTOR 3.00
Director
$0 $0 $0
RODNEY PROVART EXECUTIVE DIRECTOR 40.00
Officer
$0 $17,135 $103,911
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
2025 $664,111 $1,436,989 $606,837 $-772,878
2024 $1,470,098 $512,252 $1,412,156 $957,846
2023 $129,547 $228,261 $427,772 $-98,714
2022 $382,347 $316,987 $529,008 $65,360
2021 $444,205 $270,874 $426,331 $173,331
2020 $321,655 $124,892 $238,397 $196,763
2019 $379,300 $301,393 $140,362 $77,907
2018 $329,106 $333,708 $108,901 $-4,602
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