HELPING HANDS FOR SINGLE MOMS

EIN: 680489835 501(c)(3) Community Improvement

PHOENIX, AZ

Total Revenue
$1,359,962
Total Expenses
$1,184,998
Total Assets
$1,037,035
Net Assets
$1,006,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AZ
Principal Officer
CHRIS COFFMAN
Phone
6023901634
Tax Period
2023-01-01 to 2023-12-31

HELPING HANDS FOR SINGLE MOMS, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.2M left a modest 13% surplus.

Mission

THE HELPING HANDS FOR SINGLE MOMS PROGRAM ASSISTS LOW-INCOME SINGLE MOTHERS AND THEIR FAMILIES AS THEY PURSUE POST-SECONDARY EDUCATION, FINANCIAL INDEPENDENCE, AND A POSITIVE FAMILY LEGACY. OUR SCHOLARSHIP PLUS PROGRAM ADDRESSES THE UNIQUE CHALLENGES FACED BY SINGLE MOM COLLEGE STUDENT FAMILIES BY PROVIDING A 4,000 (EACH) UNRESTRICTED SCHOLARSHIP THAT IS LEVERAGED BY WRAPAROUND SERVICES. THESE INCLUDE: NO COST AUTO REPAIR, AAA TOWING MEMBERSHIPS, DONATED VEHICLES (AS NEEDED); RENTAL ASSISTANCE (AS NEEDED); EYE AND DENTAL CARE; LAPTOPS (AS NEEDED) AND TECH SUPPORT; SINGLE MOM COLLEGE COMMUNITY MEETINGS; WHEN SELF-CARE SCHOLARSHIPS; FAMILY OUTINGS; HOLIDAY GIFTS FOR THE KIDS; AND MORE. TO PROVIDE THESE SERVICES WE COLLABORATE WITH 81 BUSINESSES, ACADEMIC INSTITUTIONS, CHURCHES, AND COMMUNITY ORGANIZATIONS TO DELIVER SERVICES SUCH AS AUTO REPAIR, DENTAL, EYE CARE, AND MORE. THROUGH THIS PROGRAM, OVER 425 SINGLE MOMS HAVE SUCCESSFULLY COMPLETED POST-SECONDARY EDUCATION, WITH STARTING SALAR

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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 $1,113,368
Program Service Revenue $0
Investment Income $12,254
Other Revenue $234,340
TOTAL REVENUE $1,359,962

Expense Breakdown

Grants Paid $326,790
Salaries & Benefits $323,202
Fundraising Expenses $263,022
Program Expenses $844,939
Other Expenses $535,006
TOTAL EXPENSES $1,184,998

Year-over-Year Comparison

2023 2022 Change
Revenue $1,359,962 $1,267,005 +0.1%
Expenses $1,184,998 $952,318 +0.2%
Net Income $174,964 $314,687 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
7
Volunteers
237

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
$94,850
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY HUDAK PRESIDENT 1.00
Officer Director
$0 $0 $0
IMAD HATOUM TREASURER 1.00
Officer Director
$0 $0 $0
RACHEL MARTIN SECRETARY 1.00
Officer Director
$0 $0 $0
DR RICK KNOPF DIRECTOR 1.00
Director
$0 $0 $0
JASON CASTLE DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE JORDAN DIRECTOR 1.00
Director
$0 $0 $0
TRINA WHITE DIRECTOR 1.00
Director
$0 $0 $0
JESSICA DUDLEY DIRECTOR 1.00
Director
$0 $0 $0
ERICA SIETSMA DIRECTOR 1.00
Director
$0 $0 $0
STEVE CAPOBRES DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE ARNDT DIRECTOR 1.00
Director
$0 $0 $0
DAVID KERBER DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
CATHLEEN STRONG DIRECTOR 1.00
Director
$0 $0 $0
LASHIEKI CLARK DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE CAMPUZANO DIRECTOR 1.00
Director
$0 $0 $0
DAKOTA SPEAKER DIRECTOR 1.00
Director
$0 $0 $0
LINDSEY CALLINSKY DIRECTOR 1.00
Director
$0 $0 $0
CHRIS COFFMAN CEO 40.00
Officer
$94,850 $0 $94,850
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 No data No data No data No data
2023 $1,359,962 $1,184,998 $1,037,035 $174,964
2022 $1,267,005 $952,318 $846,180 $314,687
2021 $846,159 $591,534 $535,220 $254,625
2020 $534,900 $572,166 $306,732 $-37,266
2019 $688,709 $559,755 $324,595 $128,954
2018 $452,257 $422,297 $188,834 $29,960
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