Neighborhoods Hands Inc

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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

Phone

3369953072

Tax Period

2024-01-01 to 2024-12-31

Neighborhoods Hands Inc, founded in 2020, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $309K exceeded revenue, resulting in a 36% operating deficit.

Mission

To enhance the quality of life to all residents of Winston Salem and Forsyth County.

Program Service Accomplishments

Program 1

Neighborhoods Hands currently hosts an after school program, developed and implemented Girls Rise Up program, a mobile food pantry, workforce development classes, mentorship program, and currently...

Neighborhoods Hands currently hosts an after school program, developed and implemented Girls Rise Up program, a mobile food pantry, workforce development classes, mentorship program, and currently have a community garden where we grow a variety of vegetables and plants to help the community with food distribution.

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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 (2024)

Revenue Breakdown

Contributions & Grants $227,960

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $227,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,950

Fundraising Expenses $0

Other Expenses $106,949

TOTAL EXPENSES $308,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$227,960	$297,903	-0.2%
Expenses	$308,899	$336,503	-0.1%
Net Income	$-80,939	$-38,600	+1.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
None	Not applicable	0		$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	$227,960	$308,899	$30,419	$-80,939
2023	$297,903	$336,503	$109,158	$-38,600
2022	$389,943	$269,573	$147,791	$120,370