HANDI-CRAFTERS INC (EIN 231609968) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

APRIL ENNIS-PIERSON

Phone

6103846990

Tax Period

2022-07-01 to 2023-06-30

HANDI-CRAFTERS INC, founded in 1963, is a community nonprofit in the Human Services sector that reported $8.9M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $8.5M left a modest 4% surplus.

Mission

HANDI-CRAFTERS, INC. WAS ORGANIZED TO OPERATE AS A VOCATIONAL REHABILITATION CENTER FOR ADULTS WITH SIGNIFICANT BARRIERS TO EMPLOYMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,248,615

Program Service Revenue $5,502,862

Investment Income $111,673

Other Revenue $0

TOTAL REVENUE $8,863,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,472,766

Fundraising Expenses $118,036

Program Expenses $7,557,586

Other Expenses $4,033,086

TOTAL EXPENSES $8,505,852

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,863,150	$7,610,978	+0.2%
Expenses	$8,505,852	$6,230,285	+0.4%
Net Income	$357,298	$1,380,693	-0.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

331

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

$125,468

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNY HOWELL	PRESIDENT	10.00	Director	$0	$0	$0
N/A	CO-VICE PRES	4.00	Director	$0	$0	$0
JOSEPH HOWARD	CO-VICE PRES	4.00	Director	$0	$0	$0
ANN YEAGER	SECRETARY	4.00	Director	$0	$0	$0
DAN PRATT	TREASURER	4.00	Director	$0	$0	$0
KAREN LADD BAKER	DIRECTOR	4.00	Director	$0	$0	$0
ROBERT HEALY	DIRECTOR	4.00	Director	$0	$0	$0
MACKENZIE HOLMES	DIRECTOR	4.00	Director	$0	$0	$0
T BENJAMIN MARSHO	DIRECTOR	4.00	Director	$0	$0	$0
FRANK PILLERO JR	DIRECTOR	4.00	Director	$0	$0	$0
KAREN RUBLE	DIRECTOR	4.00	Director	$0	$0	$0
VIRGINIA SWIATEK	DIRECTOR	4.00	Director	$0	$0	$0
MARGARET EICHELBERGER	CFO	40.00	Officer	$117,590	$7,878	$125,468
JOSEPH TANKLE	EXECUTIVE DI	40.00		$174,548	$0	$174,548
APRIL ENNIS-PIERSON	EXECUTIVE DI	40.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$8,863,150	$8,505,852	$8,672,092	$357,298
2022	$7,610,978	$6,230,285	$8,199,865	$1,380,693
2021	$4,858,114	$6,013,456	$7,080,980	$-1,155,342
2020	$6,864,991	$7,295,536	$8,406,240	$-430,545
2019	$8,153,554	$7,849,192	$8,317,436	$304,362
2018	$9,482,309	$8,617,288	$8,089,130	$865,021

HANDI-CRAFTERS INC