MANY HANDS INC

EIN: 510486987 501(c)(3) Philanthropy & Grantmaking

CHEVY CHASE, MD

Total Revenue
$532,137
Total Expenses
$354,604
Total Assets
$294,966
Net Assets
$294,966
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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
2003
Legal Domicile
DC
Principal Officer
Mary Frazier Schulman
Phone
9735174028
Tax Period
2023-07-01 to 2024-06-30

MANY HANDS INC, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $532K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 33% operating margin.

Mission

Many Hands leverages the power of collective giving to support nonprofits serving and empowering Washington, DC area women, children, and families in socioeconomic need.

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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 $521,440
Program Service Revenue $0
Investment Income $9,320
Other Revenue $1,377
TOTAL REVENUE $532,137

Expense Breakdown

Grants Paid $307,000
Salaries & Benefits $0
Fundraising Expenses $22,118
Program Expenses $315,164
Other Expenses $47,604
TOTAL EXPENSES $354,604

Year-over-Year Comparison

2023 2022 Change
Revenue $532,137 $337,009 +0.6%
Expenses $354,604 $334,095 +0.1%
Net Income $177,533 $2,914 +59.9%
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
15
Independent Members
15
Employees
N/A
Volunteers
96

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Zecca President 10.00
Officer Director
$0 $0 $0
Charis Keitelman Vice President 10.00
Officer Director
$0 $0 $0
Mary Frazier Schulman Treasurer 10.00
Officer Director
$0 $0 $0
Karen Murrell Secretary 10.00
Officer Director
$0 $0 $0
Deborah Arrindell Director 5.00
Director
$0 $0 $0
Lynne Battle Director 5.00
Director
$0 $0 $0
Claudette Christian Director 5.00
Director
$0 $0 $0
Elizabeth Whitmore Director 5.00
Director
$0 $0 $0
Mary Kwak Director 5.00
Director
$0 $0 $0
Ellen Oshinsky Director 5.00
Director
$0 $0 $0
Margaret Vassilikos Director 5.00
Director
$0 $0 $0
Dianne Rudo Director 5.00
Director
$0 $0 $0
Nasim Shojaei Director 5.00
Director
$0 $0 $0
Chrissy Spigel Director 5.00
Director
$0 $0 $0
Lori Sostowski Director 5.00
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
2025 No data No data No data No data
2024 $532,137 $354,604 $294,966 $177,533
2023 $337,009 $334,095 $118,054 $2,914
2021 $363,460 $354,424 $399,892 $9,036
2020 $387,549 $294,440 $390,144 $93,109
2018 $337,570 $243,321 $251,878 $94,249
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