EXTENDED HANDS FOOD BANK (EIN 200873646) - 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

2004

Legal Domicile

Principal Officer

David W Iverson

Phone

4802000115

Tax Period

2024-07-01 to 2025-06-30

EXTENDED HANDS FOOD BANK, founded in 2004, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

To establish an effective network for the procurement and distribution of food to serve the below income residents of Fountain Hills, Fort McDowell reservation and the Northeast valley of Phoenix, AZ

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,087,997

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,087,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,000

Fundraising Expenses $0

Program Expenses $1,115,481

Other Expenses $989,481

TOTAL EXPENSES $1,115,481

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,087,997	$688,538	+0.6%
Expenses	$1,115,481	$775,527	+0.4%
Net Income	$-27,484	$-86,989	-0.7%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

$72,000

Key Employees

$3,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David W Iverson	President	40	Director	$72,000	$0	$72,000
Allyson Iverson	Assistant Director	40		$51,000	$0	$51,000
Leslie Miller	Assistant	30	Key Emp	$3,000	$0	$3,000
Robert Mitchell	Officer	10	Officer	$0	$0	$0
Arnold Reyes	Officer	10	Officer	$0	$0	$0
Jerry Froio	Officer	10	Officer	$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
2025	$1,087,997	$1,115,481	$79,117	$-27,484
2024	$688,538	$775,527	$106,601	$-86,989
2023	$450,496	$534,654	$193,590	$-84,158
2022	$485,724	$482,269	$277,748	$3,455
2021	$1,308,353	$1,161,228	$274,293	$147,125
2020	$1,254,902	$1,127,734	$127,965	$127,168

EXTENDED HANDS FOOD BANK