Helping Hands Team

EIN: 844919469 501(c)(3) Housing & Shelter

Milton, WA

Total Revenue
$1,340,617
Total Expenses
$1,142,660
Total Assets
$1,226,199
Net Assets
$1,223,386
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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
2020
Legal Domicile
WA
Principal Officer
Sergey Lobodzinskiy
Phone
2533004811
Tax Period
2023-01-01 to 2023-12-31

Helping Hands Team, founded in 2020, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 15% surplus.

Mission

Deliver aid to the poor and low income, the disabled, the elderly, and the homeless.

Program Service Accomplishments

Program 1
Expenses: $1,133,463 Revenue: $0

Assisted low income individuals to apply for government loans to buy homes. Also made homes available for purchase.

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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 $146,062
Program Service Revenue $1,194,555
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,340,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,837
Fundraising Expenses $0
Program Expenses $1,133,463
Other Expenses $858,823
TOTAL EXPENSES $1,142,660

Year-over-Year Comparison

2023 2022 Change
Revenue $1,340,617 $679,414 +1.0%
Expenses $1,142,660 $210,924 +4.4%
Net Income $197,957 $468,490 -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

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Governance

Voting Members
5
Independent Members
5
Employees
11
Volunteers
5

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
2
$51,197
Total Directors
5
$51,197
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sergey Lobodzinskiy 40.00
Officer Director
$51,197 $0 $51,197
Vitaliy Lukomsky 5.00
Director
$0 $0 $0
Peter Lobodzinskiy 5.00
Officer Director
$0 $0 $0
David Chebotarev 2.00
Director
$0 $0 $0
Alina Chebotarev 2.00
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 $1,340,617 $1,142,660 $1,226,199 $197,957
2022 $679,414 $210,924 $1,242,430 $468,490
2021 $106,880 $107,255 $556,939 $-375
2020 $571,000 $13,686 $557,541 $557,314
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