LORI'S HANDS INC (EIN 453984559) - 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

2011

Legal Domicile

Principal Officer

ZACHARY BARTON

Phone

3024405454

Tax Period

2024-01-01 to 2024-12-31

LORI'S HANDS INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $579K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

LORI'S HANDS BUILDS MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN COMMUNITY MEMBERS WITH CHRONIC ILLNESS AND COLLEGE STUDENTS, FOSTERING EMPATHY, CONNECTION, AND RESILIENCE. STUDENTS PROVIDE PRACTICE ASSISTANCE TO SUPPORT COMMUNITY MEMBERS' INDEPENDENCE AT HOME, AND COMMUNITY MEMBERS SHARE THEIR HEALTH AND LIFE EXPERIENCES TO SUPPORT STUDENTS' LEARNING.

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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 $576,571

Program Service Revenue $0

Investment Income $107

Other Revenue $2,148

TOTAL REVENUE $578,826

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $440,077

Fundraising Expenses $94,224

Program Expenses $399,801

Other Expenses $128,757

TOTAL EXPENSES $571,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,826	$456,548	+0.3%
Expenses	$571,834	$474,782	+0.2%
Net Income	$6,992	$-18,234	-1.4%

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

899

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

$121,553

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH LAFAVE	PRESIDENT	5.00	Officer Director	$0	$0	$0
RICHARD HYNES	TREASURER	2.00	Officer Director	$0	$0	$0
ELIZABETH BONOMO	SECRETARY	2.00	Officer Director	$0	$0	$0
PATRICK GRAY	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
KIMBERLY HURME	BOARD MEMBER	2.00	Director	$0	$0	$0
KEITH CHAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINE GILMORE	BOARD MEMBER	2.00	Director	$0	$0	$0
ZACHARY BARTON	EXECUTIVE DIRECTOR	40.00	Officer	$117,500	$4,053	$121,553

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	$578,826	$571,834	$514,367	$6,992
2023	$456,548	$474,782	$507,621	$-18,234
2022	$446,000	$334,691	$543,035	$111,309
2021	$370,174	$268,070	$430,704	$102,104
2020	$229,363	$208,249	$339,804	$21,114

LORI'S HANDS INC