THE GIVING HAND FOUNDATION INC

EIN: 562256522 501(c)(3)

YADKINVILLE, NC

Total Revenue
$28,382
Total Expenses
$42,255
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NC
Principal Officer
ALDEN K PHILLIPS
Phone
3364635179
Tax Period
2018-07-01 to 2019-06-30

THE GIVING HAND FOUNDATION INC, founded in 2001, is a micro nonprofit that reported $28K in total revenue in fiscal year 2018. Revenue surged 390% from the prior year, signaling strong growth momentum. Expenses of $42K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE AND PROMOTE ADEQUATE HEALTH CARE TO NEEDY INDIVIDUALS IN YADKIN COUNTY AND SURROUNDING AREAS THAT OTHERWISE ARE UNABLE TO AFFORD DENTAL CARE. IN ADDITION, THE ORGANIZATION SEEKS TO PROMOTE HEALTH CARE PROFESSIONS BY PROVIDING EDUCATIONAL ASSISTANCE TO STUDENTS INTERESTED IN THE HEALTH CARE FIELDS. ALSO, THE ORGANIZATION SEEKS TO FUND WORLD MISSION EFFORTS WITH AN EMPHASIS ON PROVIDING SUPPLIES AND ASSISTANCE WITH TRAVEL AND SUPPORT FOR INDIVIDUALS VOLUNTEERING TO DO MISSION WORK, BUT UNABLE TO AFFORD THEMSELVES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $600
Program Service Revenue $0
Investment Income $27,782
Other Revenue $0
TOTAL REVENUE $28,382

Expense Breakdown

Grants Paid $36,901
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $36,901
Other Expenses $5,354
TOTAL EXPENSES $42,255

Year-over-Year Comparison

2018 2017 Change
Revenue $28,382 $5,796 +3.9%
Expenses $42,255 $9,732 +3.3%
Net Income $-13,873 $-3,936 +2.5%
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
17
Independent Members
15
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
17
$1,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET WEEGAR BOARD MEMBER 1.00
Director
$0 $0 $1,800
ALDEN K PHILLIPS PRESIDENT N/A
Officer Director
$0 $0 $0
JOHN LANE VICE-PRES N/A
Officer Director
$0 $0 $0
PAM LANE SECY/TREAS N/A
Officer Director
$0 $0 $0
FERMIN BOCANEGRA BOARD MEMBER N/A
Director
$0 $0 $0
ELMER GROCE BOARD MEMBER N/A
Director
$0 $0 $0
TOMAS MANCHEGO BOARD MEMBER N/A
Director
$0 $0 $0
YIN NQUYEN BOARD MEMBER N/A
Director
$0 $0 $0
JON PACKMAN BOARD MEMBER N/A
Director
$0 $0 $0
KEN PEAVY BOARD MEMBER N/A
Director
$0 $0 $0
KENNETH PHILLIPS BOARD MEMBER N/A
Director
$0 $0 $0
DEBBIE PRUITT BOARD MEMBER N/A
Director
$0 $0 $0
ELIZABETH QUEEN BOARD MEMBER N/A
Director
$0 $0 $0
FRANCISCO RODRIQUEZ BOARD MEMBER N/A
Director
$0 $0 $0
MAE SCALES BOARD MEMBER N/A
Director
$0 $0 $0
GEOFF SPENCE BOARD MEMBER N/A
Director
$0 $0 $0
SCOTT TOLLY BOARD MEMBER N/A
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
2019 $28,382 $42,255 No data $-13,873
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