HAND OF HELP INCORPORATED

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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

1985

Legal Domicile

Principal Officer

DANIEL BOLDEA

Phone

9202069910

Tax Period

2024-01-01 to 2024-12-31

HAND OF HELP INCORPORATED, founded in 1985, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.4M left a modest 8% surplus.

Mission

HAND OF HELP IS A NONDENOMINATIONAL EVANGELICAL CHRISTIAN ORGANIZATION PROVIDING SPIRITUAL AND PHYSICAL AID TO THE FORSAKEN OF SOCIETY THROUGHOUT ROMANIA AND UKRAINE. WE EXIST TO SERVE THE BODY OF CHRIST AND PROMOTE THE GOSPEL OF THE LORD JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $1,133,504

DIRECT SUPPORT OF THE FUNDATIA HAND OF HELP ORPHANAGE IN BOTOSANI, ROMANIA, IN ITS MISSION TO FEED THE HUNGRY, TO CARE FOR THE FATHERLESS AND TO PROVIDE EMOTIONAL, SPIRITUAL, FINANCIAL, MATERIAL AND LOGISTICAL ASSISTANCE TO THE NEEDY FAMILIES OF ROMANIA. HUMANITARIAN RELIEF DELIVERED TO UKRAINE BY HAND OF HELP ROMANIA STAFF. THE ORPHANAGE CURRENTLY HOUSES, NURTURES AND CARES FOR SIXTY PLUS CHILDREN.

Program 2

Expenses: $95,804

UKRAINE INITIATIVE PROGRAM EXPENSES - DIRECT SUPPORT OF UKRAINIAN WAR REFUGEES - PROVIDING SPIRITUAL MENTORSHIP, EMERGENCY HOUSING, FOOD AND RELIEF GOODS.

Program 3

Expenses: $5,391

ETHIOPIA INITIATIVE PROGRAM EXPENSES - REACHING THE PEOPLE OF ETHIOPIA WITH THE GOSPEL.

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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 $1,496,961

Program Service Revenue $0

Investment Income $17,114

Other Revenue $0

TOTAL REVENUE $1,514,075

Expense Breakdown

Grants Paid $797,477

Salaries & Benefits $384,478

Fundraising Expenses $47,099

Program Expenses $1,234,699

Other Expenses $213,179

TOTAL EXPENSES $1,395,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,514,075	$1,751,305	-0.1%
Expenses	$1,395,134	$1,603,945	-0.1%
Net Income	$118,941	$147,360	-0.2%

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

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

$193,143

Total Directors

$104,210

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIRCEA R BOLDEA JR	CHAIRMAN	40.00	Officer	$102,123	$0	$102,123
DANIEL BOLDEA	TREASURER	50.00	Officer	$63,864	$0	$63,864
GENE R SCHMIDT	DIRECTOR	40.00	Director	$52,240	$0	$52,240
ALEXANDRA BOLDEA	DIRECTOR	40.00	Director	$51,970	$0	$51,970
MIRCEA R BOLDEA SR	PRESIDENT	30.00	Officer	$27,156	$0	$27,156
SIMONA BOLDEA	DIRECTOR	1.00	Director	$0	$0	$0
CONSTANTIN LIONTE	DIRECTOR	1.00	Director	$0	$0	$0
DORINA LIONTE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH RICE	DIRECTOR	1.00	Director	$0	$0	$0
NAOMI RICE	DIRECTOR	1.00	Director	$0	$0	$0
KYLUN STEGGALL	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH STOLAR	DIRECTOR	1.00	Director	$0	$0	$0
SARANA STOLAR	SECRETARY	1.00	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
2024	$1,514,075	$1,395,134	$595,465	$118,941
2023	$1,751,305	$1,603,945	$471,942	$147,360
2022	$2,069,283	$1,933,659	$321,885	$135,624
2021	$1,884,851	$1,963,524	$224,558	$-78,673
2020	$1,523,626	$1,482,727	$263,871	$40,899
2019	$1,403,870	$1,362,842	$226,997	$41,028
2018	$1,242,695	$1,428,807	$187,563	$-186,112