HANDS INC (EIN 810483495) - 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

1993

Legal Domicile

Principal Officer

KIM YARLOTT

Phone

4062686932

Tax Period

2023-01-01 to 2023-12-31

HANDS INC, founded in 1993, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. The organization ran a surplus of $429K, a strong 30% operating margin.

Mission

THE HANDS PROGRAM MISSION IS TO ENGENDER A COMMUNITY SUPPORTED PROGRAM THROUGH A COLLABORATIVE EFFORT OF ALL ORGANIZATIONS AND INDIVIDUALS INTERESTED IN SCHOOL-AGE CHILD CARE. THE RESULTS OF SUCH COLLABORATION WILL BE A COMMUNITY-WIDE, ON-GOING, NON-PROFIT, SELF SUPPORTING SCHOOL-BASED PROGRAM FOR CHILDREN 5-12 YEARS OLD.

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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 $517,533

Program Service Revenue $876,266

Investment Income $35,336

Other Revenue $384

TOTAL REVENUE $1,429,519

Expense Breakdown

Grants Paid $13,739

Salaries & Benefits $772,031

Fundraising Expenses $0

Program Expenses $795,988

Other Expenses $214,803

TOTAL EXPENSES $1,000,573

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,429,519	$1,412,542	+0.0%
Expenses	$1,000,573	$915,700	+0.1%
Net Income	$428,946	$496,842	-0.1%

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

102

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

$66,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRUDI SCHMIDT	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHERYL LAVESON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JACKIE MAINWEARING	TREASURER	1.00	Officer Director	$0	$0	$0
DAWN O'LEARY	SECRETARY	1.00	Officer Director	$0	$0	$0
BEN JACQUES	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM YARLOTT	EXECUTIVE DIRECTOR	40.00	Officer	$54,322	$11,746	$66,068

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	$1,429,519	$1,000,573	$1,873,566	$428,946
2022	$1,412,542	$915,700	$1,328,535	$496,842
2021	$802,246	$876,186	$888,306	$-73,940
2020	$1,023,610	$881,336	$976,800	$142,274
2019	$954,704	$977,558	$806,428	$-22,854
2018	$913,559	$834,675	$828,569	$78,884

HANDS INC