HELPING HANDS DEVELOPMENT CORPORATION

EIN: 454710554 501(c)(3) Human Services

Cleveland, OH

Total Revenue
$16,186
Total Expenses
$18,883
Total Assets
$5,343
Net Assets
$5,343
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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
2013
Legal Domicile
OH
Principal Officer
Anjenette Whitted
Phone
2163741603
Tax Period
2022-09-01 to 2023-08-31

HELPING HANDS DEVELOPMENT CORPORATION, founded in 2013, is a micro nonprofit in the Human Services sector that reported $16K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 17% operating deficit.

Mission

Helping Hands Development Corporation was created to support residents in improving their quality of life by providing sustainable resources and access to emergency crisis services.

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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 (2022)

Revenue Breakdown

Contributions & Grants $16,186
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,186

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,340
Fundraising Expenses $0
Program Expenses $13,645
Other Expenses $15,543
TOTAL EXPENSES $18,883

Year-over-Year Comparison

2022 2021 Change
Revenue $16,186 $27,113 -0.4%
Expenses $18,883 $24,418 -0.2%
Net Income $-2,697 $2,695 -2.0%
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
1
Independent Members
1
Employees
N/A
Volunteers
4

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
0
$0
Total Directors
1
$3,340
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anjenette Whitted Executive Director 40
Director
$3,340 $0 $3,340
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
2023 $16,186 $18,883 $5,343 $-2,697
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