Healing Hands of Joy

EIN: 270241638 501(c)(3) Human Services

Charlotte, NC

Total Revenue
$1,007,691
Total Expenses
$1,332,156
Total Assets
$342,130
Net Assets
$342,130
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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
2009
Principal Officer
Allison Shigo
Phone
9178250855
Tax Period
2023-01-01 to 2023-12-31

Healing Hands of Joy, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $1.3M exceeded revenue, resulting in a 32% operating deficit.

Mission

Established in 2009, Healing Hands of Joy (HHoJ) is a non-governmental organization that exists to eliminate obstetric fistula, a preventable childbirth injury by improving the maternal healthcare system and transforming the lives of women who have suffered.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,007,691
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,007,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,497
Fundraising Expenses $202,046
Program Expenses $1,041,149
Other Expenses $1,045,659
TOTAL EXPENSES $1,332,156

Year-over-Year Comparison

2023 2022 Change
Revenue $1,007,691 $990,847 +0.0%
Expenses $1,332,156 $1,024,163 +0.3%
Net Income $-324,465 $-33,316 +8.7%
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

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
11

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
6
$126,523
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Shigo Executive Dir. 40.00
Officer
$118,523 $8,000 $126,523
Amy Olsen Vice Chair 1.00
Officer Director
$0 $0 $0
Dan Ward Chair 1.00
Officer Director
$0 $0 $0
Kimberly Williams Secretary 1.00
Officer Director
$0 $0 $0
Keith Hendrix Treasurer 1.00
Officer Director
$0 $0 $0
Susan Goode Director 1.00
Director
$0 $0 $0
Karen Dealey Director 1.00
Director
$0 $0 $0
Tim Teusink Vice Chair 1.00
Officer Director
$0 $0 $0
Nigest Haile Director 1.00
Director
$0 $0 $0
Cindy Breilh Director 1.00
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 $1,007,691 $1,332,156 $342,130 $-324,465
2022 $990,847 $1,024,163 $666,595 $-33,316
2021 $880,392 $825,372 $699,911 $55,020
2020 $864,273 $698,787 $644,891 $165,486
2019 $702,273 $789,941 $479,405 $-87,668
2018 $794,275 $481,566 $567,073 $312,709
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