Neighborhoods Hands Inc

EIN: 845011438 501(c)(3) Human Services

Winston Salem, NC

Total Revenue
$227,960
Total Expenses
$308,899
Total Assets
$30,419
Net Assets
$30,419
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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
NC
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.

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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 (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

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Governance

Voting Members
9
Independent Members
9
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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