1HOUSE2HANDS INC (EIN 201699663) - 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

Andrew Palmberg

Phone

6212243995

Tax Period

2024-07-01 to 2025-06-30

1HOUSE2HANDS INC, founded in 2004, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.5M left a modest 8% surplus.

Mission

Manage a building for lease to its beneficiary organization Metro Deaf School.

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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 $138,049

Program Service Revenue $1,041,673

Investment Income $114,870

Other Revenue $326,344

TOTAL REVENUE $1,620,936

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,492,375

Other Expenses $1,492,375

TOTAL EXPENSES $1,492,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,620,936	$1,836,214	-0.1%
Expenses	$1,492,375	$1,531,180	0.0%
Net Income	$128,561	$305,034	-0.6%

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

N/A

Volunteers

N/A

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

$94,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Teddie Barnett	Member	1	Director	$0	$33,502	$94,609
Andrew Palmberg	President	1	Officer Director	$0	$0	$0
Herman Fuechtman	Member	1	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
2025	$1,620,936	$1,492,375	$14,579,323	$128,561
2024	No data	No data	No data	No data
2023	$1,597,932	$1,594,329	$13,959,642	$3,603
2022	$1,424,333	$1,522,003	$14,728,539	$-97,670
2021	$1,152,512	$1,355,194	$14,188,991	$-202,682
2020	$1,320,728	$1,354,167	$14,668,671	$-33,439
2019	$1,330,665	$2,895,470	$14,998,487	$-1,564,805
2018	$626,216	$554,093	$11,293,416	$72,123

1HOUSE2HANDS INC