MANY HANDS INC

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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

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.

Program Service Accomplishments

Program 1

Expenses: $315,164 Revenue: $1,377

IN FISCAL YEAR ENDED JUNE 30, 2024, MANY HANDS AWARDED A TOTAL OF $307,000 IN GRANTS, BRINGING THE TOTAL DISTRIBUTED SINCE 2004 TO $3,185,000. THESE GRANTS HAVE STRENGTHENED WORTHY ORGANIZATIONS AND BETTERED LIVES ACROSS THE METRO DC REGION. MANY HANDS NOT ONLY PROVIDES A REWARDING PHILANTHROPIC EXPERIENCE FOR ITS MEMBERS, BUT IT ALSO HELPS MEMBERS AND THE PUBLIC BECOME BETTER INFORMED ABOUT THE COMPLEX NEEDS OF WASHINGTON AREA NONPROFITS.

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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 (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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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