Helping Hands Foundation Inc
Helping Hands Foundation Inc
EIN: 80-0447653
as of October 2024
as of October 15, 2024
Programs and results
What we aim to solve
Helping Hands is a nonprofit charity, for homeless and disadvantaged men, women and children in our community Marion County. It was established to provide shelter and related assistance, food, clothing, medical, dental, transportation, counseling, education grants, and major emphasis on creating and assisting with job placement. Our focus is to help people build a successful and rewarding life.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Helping Hands
Helping local people in need, who are homeless or in desperate situations. Our goal is to help people develop a new and better life. By meeting physical needs, providing encouragement, Godly guidance and opportunities for success,
Where we work
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of groups/individuals benefiting from tools/resources/education materials provided
This metric is no longer tracked.Totals By Year
Population(s) Served
Adults, Children and youth, Family relationships
Related Program
Helping Hands
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
The goal of the program is to get the individuals we serve free from the habits and consequences of past mistakes, harmful choices, and painful events in their life, while helping them become established and stable in providing for themselves and their family in all areas of life.
What are the organization's key strategies for making this happen?
We will provide life skills training, job acquisition support, parenting classes, financial management assistance, skills to build healthy relationships and assistance to overcome addictions, depression, insecurities, anger, and more.
What are the organization's capabilities for doing this?
Along with two apartment buildings totaling 18 fully furnished units, we have trained and caring staff and volunteers, with a network of financial and material support . We also have a Thrift Store that not only helps provide needed funds, but also work and training for some of the residents served by Helping Hands.
What have they accomplished so far and what's next?
Upon moving to Helping Hands 100% of our organization population has been, or soon would be, homeless before moving into our housing. They are facing not only homelessness, but many times joblessness, legal fines, child custody cases, and more. We tell our residents we are more than a landing pad in their lives, but a launching pad as well. Upon transitioning back into the community our residents have a clean safe place to live, consistently good habits, financial independence, stable work, and more often than not, transportation. Our goal is to continue to improve our organization and positive impact on the lives of adults and children.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To strengthen relationships with the people we serve
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Which of the following feedback practices does your organization routinely carry out?
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
1.53
Months of cash in 2023 info
1.5
Fringe rate in 2023 info
8%
Funding sources info
Assets & liabilities info
Financial data
Helping Hands Foundation Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Helping Hands Foundation Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Unrestricted surplus (deficit) before depreciation | $134,831 | $333,221 | $236,635 | $305,226 | $154,638 |
As % of expenses | 32.0% | 75.9% | 51.9% | 59.8% | 18.3% |
Unrestricted surplus (deficit) after depreciation | $110,117 | $308,067 | $209,243 | $271,222 | $113,448 |
As % of expenses | 24.7% | 66.4% | 43.3% | 49.8% | 12.8% |
Revenue composition info | |||||
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Total revenue (unrestricted & restricted) | $555,986 | $771,989 | $692,271 | $815,591 | $1,001,596 |
Total revenue, % change over prior year | 1.9% | 38.9% | -10.3% | 17.8% | 22.8% |
Program services revenue | 49.2% | 35.6% | 51.0% | 54.7% | 50.9% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.0% | 0.0% | 0.0% | 0.1% | 2.8% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 48.0% | 56.3% | 44.0% | 39.4% | 39.5% |
Other revenue | 2.9% | 8.1% | 5.0% | 5.8% | 6.8% |
Expense composition info | |||||
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Total expenses before depreciation | $421,155 | $438,768 | $455,636 | $510,365 | $846,958 |
Total expenses, % change over prior year | -33.4% | 4.2% | 3.8% | 12.0% | 66.0% |
Personnel | 44.2% | 44.7% | 53.2% | 54.7% | 52.6% |
Professional fees | 0.7% | 1.2% | 1.7% | 1.2% | 1.0% |
Occupancy | 10.7% | 10.2% | 11.3% | 4.4% | 7.9% |
Interest | 8.0% | 8.6% | 3.7% | 3.1% | 1.8% |
Pass-through | 8.3% | 6.5% | 2.6% | 5.4% | 9.5% |
All other expenses | 28.2% | 28.7% | 27.5% | 31.2% | 27.2% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $445,869 | $463,922 | $483,028 | $544,369 | $888,148 |
One month of savings | $35,096 | $36,564 | $37,970 | $42,530 | $70,580 |
Debt principal payment | $0 | $0 | $18,978 | $20,058 | $20,324 |
Fixed asset additions | $0 | $27,888 | $0 | $70,539 | $49,598 |
Total full costs (estimated) | $480,965 | $528,374 | $539,976 | $677,496 | $1,028,650 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Months of cash | 3.6 | 6.3 | 11.5 | 2.2 | 1.5 |
Months of cash and investments | 3.6 | 6.3 | 11.5 | 15.1 | 10.1 |
Months of estimated liquid unrestricted net assets | -16.3 | 6.9 | 11.8 | 15.6 | 10.6 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Cash | $127,842 | $230,402 | $434,831 | $91,984 | $108,758 |
Investments | $0 | $0 | $0 | $551,110 | $603,957 |
Receivables | $10,144 | $6,709 | $5,313 | $6,626 | $20,976 |
Gross land, buildings, equipment (LBE) | $806,680 | $833,424 | $852,191 | $921,498 | $969,857 |
Accumulated depreciation (as a % of LBE) | 21.9% | 24.1% | 26.6% | 28.1% | 30.9% |
Liabilities (as a % of assets) | 92.7% | 59.2% | 47.3% | 36.9% | 33.2% |
Unrestricted net assets | $57,686 | $365,753 | $574,996 | $846,218 | $959,666 |
Temporarily restricted net assets | N/A | N/A | N/A | N/A | N/A |
Permanently restricted net assets | N/A | N/A | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $57,686 | $365,753 | $574,996 | $846,218 | $959,666 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Founder
Brad Dinkins
Number of employees
Source: IRS Form 990
Helping Hands Foundation Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Helping Hands Foundation Inc
Board of directorsas of 09/06/2023
Board of directors data
Brad Dinkins
Helping Hands Foundation
Term: 2009 -
Tracy Rains
Dinkins Realty
Lori Boring
Banking
Pete Whirle
Construction
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as: