HEALING HANDS FOUNDATION INC

EIN: 384061854 501(c)(3) Health Care

Madison, ME

Total Revenue
$12,697
Total Expenses
$19,178
Total Assets
$3,570
Net Assets
$3,570
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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
2018
Legal Domicile
ME
Principal Officer
DUSTIN KNIFFIN
Tax Period
2019-01-01 to 2019-12-31

HEALING HANDS FOUNDATION INC, founded in 2018, is a micro nonprofit in the Health Care sector that reported $13K in total revenue in fiscal year 2019. Expenses of $19K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO EDUCATE AND EXPAND ACCESS TO HIGH QUALITY CHRIROPRACTIC CARE FOR UNDER SERVED POPULATIONS INCLUDING LOW INCOME, ACTIVE MILITARY, WOUNDED WARRIORS, AND UNDERPRIVILEGED KIDS USING THE LATEST TECHNOLOGY AVAILABLE

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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 (2019)

Revenue Breakdown

Contributions & Grants $18
Program Service Revenue $12,679
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,697

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,711
Fundraising Expenses $0
Program Expenses $19,178
Other Expenses $1,467
TOTAL EXPENSES $19,178

Year-over-Year Comparison

2019 2018 Change
Revenue $12,697 N/A N/A
Expenses $19,178 N/A N/A
Net Income $-6,481 N/A N/A
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
3
Independent Members
2
Employees
1
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
3
$16,452
Total Directors
1
$16,452
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUSTIN KNIFFIN PRESIDENT 15.00
Officer Director
$16,452 $0 $16,452
CORY MEULEMAN TREASURER 2.00
Officer
$0 $0 $0
CLINTON ORSINI SECRETARY 2.00
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
2019 $12,697 $19,178 $3,570 $-6,481
2019 $12,697 $19,178 $3,570 $-6,481
2018 $23,260 $13,209 $10,051 $10,051
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