HELP ASSOCIATION INC (EIN 521325726) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

BRENDA JAMES

Phone

4102576669

Tax Period

2024-01-01 to 2024-12-31

HELP ASSOCIATION INC, founded in 1972, is a small nonprofit that reported $274K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $50K, a strong 18% operating margin.

Mission

ALL PROCEEDS FROM THE SALE OF DONATED CLOTHING AND HOUSEHOLD ITEMS ARE DONATED TO OTHER NON-PROFIT COMMUNITY ORGANIZATIONS IN THE FORM OF MONETARY GRANTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $259,932

Program Service Revenue $9,440

Investment Income $3,845

Other Revenue $338

TOTAL REVENUE $273,555

Expense Breakdown

Grants Paid $183,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,799

Other Expenses $39,372

TOTAL EXPENSES $223,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,555	$248,097	+0.1%
Expenses	$223,122	$254,698	-0.1%
Net Income	$50,433	$-6,601	-8.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
BRENDA JAMES	PRESIDENT	35.00	Officer Director	$0	$0	$0
PATRICIA CANTER	VICE PRESIDENT	27.00	Officer Director	$0	$0	$0
LINDA TRAVERS	SECRETARY	17.00	Officer Director	$0	$0	$0
CELIA MOLOFSKY	TREASURER	10.00	Officer Director	$0	$0	$0
JEAN REAMS	SARGEANT AT ARMS	9.00	Officer 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
2024	$273,555	$223,122	$389,961	$50,433
2023	$248,097	$254,698	$338,009	$-6,601
2022	$200,539	$189,680	$344,610	$10,859
2019	$235,590	$230,438	$306,284	$5,152
2018	$218,421	$189,746	$301,132	$28,675

HELP ASSOCIATION INC