HELPING HANDS FOUNDATION INC (EIN 800447653) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

LORI BORING

Phone

3527324464

Tax Period

2023-01-01 to 2023-12-31

HELPING HANDS FOUNDATION INC, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $888K left a modest 11% surplus.

Mission

TO PROVIDE AID, ASSISTANCE AND RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED BY PROVIDING SERVICES SUCH AS JOB TRAINING SKILLS AND EDUCATION INCLUDING READING, WRITING AND ARITHMETIC, FINANCIAL AND RELATIONSHIP COUNSELING, ARTS AND CRAFTS, JOB CONNECTION AND PLACEMENT FOR THE UNEMPLOYED, CONNECTION FOR THE HOMELESS TO MEDICAL, FOOD AND HOUSING, AND RELATED ACTIVITIES OF ASSISTANCE SUCH AS DRUG AND ALCOHOL REHABILITATION.

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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 $403,750

Program Service Revenue $509,904

Investment Income $27,848

Other Revenue $60,094

TOTAL REVENUE $1,001,596

Expense Breakdown

Grants Paid $80,396

Salaries & Benefits $445,590

Fundraising Expenses $569

Program Expenses $824,740

Other Expenses $362,162

TOTAL EXPENSES $888,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,001,596	$815,591	+0.2%
Expenses	$888,148	$544,369	+0.6%
Net Income	$113,448	$271,222	-0.6%

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

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

$15,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES WHIRLE	DIRECTOR	20.00	Director	$15,500	$0	$15,500
LORI BORING	SECRETARY/DI	5.00	Officer Director	$0	$0	$0
BRAD DINKINS	PRESIDENT/DI	20.00	Officer Director	$0	$0	$0
TRACY RAINS	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
2024	No data	No data	No data	No data
2023	$1,001,596	$888,148	$1,436,775	$113,448
2022	$815,591	$544,369	$1,342,036	$271,222
2021	$692,271	$483,028	$1,091,401	$209,243
2020	$771,989	$463,922	$895,593	$308,067
2019	$555,986	$445,869	$789,468	$110,117
2018	$545,555	$655,743	$701,972	$-110,188

HELPING HANDS FOUNDATION INC