HELPING HANDS GRATEFUL HEARTS INC

EIN: 834112786 501(c)(3) Housing & Shelter

Wakefield, RI

Total Revenue
$509,046
Total Expenses
$582,570
Total Assets
$16,400
Net Assets
$16,400
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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
2019
Legal Domicile
RI
Principal Officer
Susan Johnson
Phone
4017493242
Tax Period
2022-01-01 to 2022-12-31

HELPING HANDS GRATEFUL HEARTS INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $509K in total revenue in fiscal year 2022. Revenue surged 204% from the prior year, signaling strong growth momentum. Expenses of $583K exceeded revenue, resulting in a 14% operating deficit.

Mission

To provide housing and community support to less fortunate persons around the world

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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 (2022)

Revenue Breakdown

Contributions & Grants $508,756
Program Service Revenue $0
Investment Income $0
Other Revenue $290
TOTAL REVENUE $509,046

Expense Breakdown

Grants Paid $580,885
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $580,885
Other Expenses $1,685
TOTAL EXPENSES $582,570

Year-over-Year Comparison

2022 2021 Change
Revenue $509,046 $167,315 +2.0%
Expenses $582,570 $104,981 +4.5%
Net Income $-73,524 $62,334 -2.2%
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
4
Independent Members
4
Employees
N/A
Volunteers
18

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Johnson President/Director 5
Officer Director
$0 $0 $0
Kevin Johnson Vice President/Director 5
Officer Director
$0 $0 $0
Cameron Johnson Treasurer/Director 1
Officer Director
$0 $0 $0
Kaitlin Johnson Secretary/Director 1
Officer 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
2022 $509,046 $582,570 $16,400 $-73,524
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