Right Hand Foundation Inc

EIN: 831823630 501(c)(3) Mental Health

Atlanta, GA

Total Revenue
$146,905
Total Expenses
$197,202
Total Assets
$389,216
Net Assets
$377,674
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
GA
Principal Officer
Courtney Stewart
Phone
4042649400
Tax Period
2023-01-01 to 2023-12-31

Right Hand Foundation Inc, founded in 2018, is a small nonprofit in the Mental Health sector that reported $147K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $197K exceeded revenue, resulting in a 34% operating deficit.

Mission

Right Hand Foundation, Inc. ("RHF") is born out of vision to help reduce homelessness among single mothers and children in the southside community of Atlanta. It aims to meet the immediate, pressing needs of homeless mothers, their children and other homeless children and young adults by providing them with food, shelter (through transitional housing) and clothing to bring them off the street and into a safe place where they can receive the support, education, job training and access to social programs designed to address the circumstances (including addictions, prostitution and joblessness) that have driven and kept them on the street. The goal is to set a new course for the lives of participants in RHF's programs so that their lives are stabilized and a path forward toself-sufficiency is established.

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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 $146,904
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $146,905

Expense Breakdown

Grants Paid $5,335
Salaries & Benefits $91,539
Fundraising Expenses $3,348
Program Expenses $92,345
Other Expenses $100,328
TOTAL EXPENSES $197,202

Year-over-Year Comparison

2023 2022 Change
Revenue $146,905 $224,360 -0.3%
Expenses $197,202 $265,530 -0.3%
Net Income $-50,297 $-41,170 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
15

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Courtney Stewart President 20.00
Officer Director
$0 $0 $0
W James Stewart Chairman, Treasurer 1.00
Officer Director
$0 $0 $0
Jini Thornton Vice Chair 1.00
Officer Director
$0 $0 $0
Nazanin Fatemian Director 1.00
Director
$0 $0 $0
Marcia Allen Director 1.00
Director
$0 $0 $0
Tim Parnell Director 1.00
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
2023 $146,905 $197,202 $389,216 $-50,297
2022 $224,360 $265,530 $432,731 $-41,170
2021 $129,318 $240,586 $475,814 $-111,268
2020 $162,905 $198,174 $594,847 $-35,269
2019 $501,652 $112,646 $626,373 $389,006
2018 $230,100 No data $230,100 No data
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