Helping Hands of Putnam County

EIN: 621132736 501(c)(3)

Cookeville, TN

Total Revenue
$571,509
Total Expenses
$617,161
Total Assets
$243,667
Net Assets
$243,667
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
TN
Principal Officer
Rebecca Duncan
Phone
9315263838
Tax Period
2024-01-01 to 2024-12-31

Helping Hands of Putnam County, founded in 1983, is a small nonprofit that reported $572K in total revenue in fiscal year 2024.

Mission

The mission of Helping Hands of Putnam County is to administer received foods and monetary donations to assist families in Putnam County with food, utilities, medical expenses and rent. Helping Hands also administers Project Help funds from the City of Cookeville and Upper Cumberland Electric Membership Corporation with no cost to donors or recipients in the county.

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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 (2024)

Revenue Breakdown

Contributions & Grants $567,616
Program Service Revenue $0
Investment Income $3,893
Other Revenue $0
TOTAL REVENUE $571,509

Expense Breakdown

Grants Paid $469,782
Salaries & Benefits $70,672
Fundraising Expenses $0
Program Expenses $567,066
Other Expenses $76,707
TOTAL EXPENSES $617,161

Year-over-Year Comparison

2024 2023 Change
Revenue $571,509 $566,577 +0.0%
Expenses $617,161 $480,335 +0.3%
Net Income $-45,652 $86,242 -1.5%
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
16
Independent Members
14
Employees
2
Volunteers
50

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
2
$65,650
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Duncan Director 25.00
Officer
$50,700 $0 $50,700
Vicki Love Assist Director 15.00
Officer
$14,950 $0 $14,950
Andrea Kruszka Publicity Chair 0.00
Director
$0 $0 $0
Jack Matson Honorary Member 0.00
Director
$0 $0 $0
Nina Lunn Honorary Member 0.00
Director
$0 $0 $0
Angela Lasater Board Member 0.00
Director
$0 $0 $0
Anthony Rece Vice Chair 0.00
Director
$0 $0 $0
Brandon Russell Nominations Ch 0.00
Director
$0 $0 $0
Brittany Lyons Board Member 0.00
Director
$0 $0 $0
Brett Sloan Fundraising Ch 0.00
Director
$0 $0 $0
Diedre Scott Board Member 0.00
Director
$0 $0 $0
Haley Smith Secretary 0.00
Director
$0 $0 $0
Dakota Johnson Board Member 0.00
Director
$0 $0 $0
Rachel Spite Chairman 0.00
Director
$0 $0 $0
Amie Cahill Board Member 0.00
Director
$0 $0 $0
Susan Luna Board Member 0.00
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
2024 $571,509 $617,161 $243,667 $-45,652
2023 $566,577 $480,335 $289,319 $86,242
2022 $464,807 $469,250 $203,077 $-4,443
2021 $243,771 $229,989 $206,879 $13,782
2020 $348,425 $284,724 $193,097 $63,701
2019 $203,954 $197,165 $129,396 $6,789
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