Friends of Marys Hands

EIN: 861812896 501(c)(3) Human Services

Oakland, CA

Total Revenue
$609,362
Total Expenses
$367,351
Total Assets
$242,011
Net Assets
$242,011
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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
Veronica Raymonda
Phone
5102389010
Tax Period
2021-01-01 to 2021-12-31

Friends of Marys Hands, founded in 2021, is a small nonprofit in the Human Services sector that reported $609K in total revenue in fiscal year 2021. The organization ran a surplus of $242K, a strong 40% operating margin.

Mission

With Marys hands to guide us, we connect the hearts of those touched by their pilgrimage to Medjugorje with the residents of Bosnia and Hercegovina, seeking ways to bring not only water, food, housing, healthcare and electricity to those most in need, but also bringing hope and love to the forgotten ones.

Program Service Accomplishments

Program 1
Expenses: $143,054

Marijine rukes Soup Kitchen: The Soup Kitchen is a crowning achievement. Jakov was able to secure land with an existing structure in need of major renovations to bring this to fruition. Our donors...

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Marijine rukes Soup Kitchen: The Soup Kitchen is a crowning achievement. Jakov was able to secure land with an existing structure in need of major renovations to bring this to fruition. Our donors not only helped fund the renovations but also provide food and supplies as it opened to great local fanfare in February. Now serving 6,000 meals per month, the Soup Kitchen has already surpassed all expectations. We are hopeful that we will be able to attract more donors to our cause to feed even more of the hungry. While some in need do come to the Soup Kitchen on their own for food, many others are unable to visit, so Marijine ruke volunteers deliver the meals directly to them.

Program 2
Expenses: $141,817

Overall support for helping local residents in need: Friends of Marys Hands came into being to enable Marijine ruke (Marys Hands), the organization founded by Jakov Colo in Medjugorje, to continue to...

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Overall support for helping local residents in need: Friends of Marys Hands came into being to enable Marijine ruke (Marys Hands), the organization founded by Jakov Colo in Medjugorje, to continue to do the good works it had been doing since its founding in 2016. With the pandemic wreaking havoc all over the world, its impact was particularly great on Medjugorje as pilgrims were no longer able to travel to the region. As Marijine ruke was largely funded by pilgrims, this meant the organization was no longer able to help the now-growing number of local residents in need. Since December 2020, when we launched Friends of Marys Hands, we have remained committed to directing all donations collected to supporting Marijine rukes missions and helping them to increase the number of people in and around Medjugorje and around the world who are able to be provided with not only material goods they lack but also compassion, love, and a sense of hope. Since our inception, our work in the first has taken on many facets. We have helped renovate nearly 10 homes for the needy, we have repaired the one elevator in the nearest hospital which had been out of working order for a very long time, and we have purchased a van to bring food and supplies to those in need. On a monthly basis, we provide 500 packages of food, clothing and shoes for disadvantaged families in the region. We have also provided funding for people to plant vegetable gardens to grow their own food. Some of the other help our donations enable include helping families with many children, paying utility bills for those who cant afford it, buying medications for people with no income, providing temporary housing for families in crisis until we can provide permanent housing for them. As winter once again closes in on the region, we have provided firewood for home heating.

Program 3
Expenses: $62,563

Support for missions beyond Medjugorje: Our assistance for the second program includes helping to build a roof for a church in Congo, providing humanitarian aid to Ukrainians who are suffering as the...

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Support for missions beyond Medjugorje: Our assistance for the second program includes helping to build a roof for a church in Congo, providing humanitarian aid to Ukrainians who are suffering as the Russian invasion continues, and sending a young Croatian girl with a history of congenital femoral deficiency and her family to the U.S. as she undergoes surgery and physical therapy here. After the devastating earthquake in Croatia, Friends of Marys Hands purchased two container homes for families who lost everything in this tragedy.

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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 (2021)

Revenue Breakdown

Contributions & Grants $609,340
Program Service Revenue $0
Investment Income $22
Other Revenue $0
TOTAL REVENUE $609,362

Expense Breakdown

Grants Paid $314,005
Salaries & Benefits $0
Fundraising Expenses $8,156
Program Expenses $347,434
Other Expenses $53,346
TOTAL EXPENSES $367,351

Year-over-Year Comparison

2021 2020 Change
Revenue $609,362 N/A N/A
Expenses $367,351 N/A N/A
Net Income $242,011 N/A N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
Veronica Raymonda President 15.00
Officer Director
$0 $0 $0
Terry Miller Secretary 5.00
Officer Director
$0 $0 $0
Patty Hoyt Treasurer 3.00
Officer Director
$0 $0 $0
Emma Santa Cruz Director 3.00
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
2021 $609,362 $367,351 $242,011 $242,011
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