GOLD2023

Helping Hands Foundation Inc

GuideStar Charity Check

Helping Hands Foundation Inc

EIN: 80-0447653


Mission

Helping Hands provides help for the homeless and others in extreme need. We provide safe and clean place to live, a compassionate and supportive environment,life skills training, and counseling. We also assist with food, clothes, medical, dental, transportation, and jobs. Helping Hands is a nonprofit 501(c) (3) serving the people of Marion County. We receive no money from the government. All financial support is voluntary.

Ruling year info

2009

Founder

Brad Dinkins

Main address

101 NE 16TH AVE

OCALA, FL 34470 USA

Show more contact info

EIN

80-0447653

Subject area info

Rent and mortgage assistance

Housing services

Employment

Population served info

Families

Children and youth

Adults

Parents

Economically disadvantaged people

Show more populations served

NTEE code info

Other Housing Support Services (L80)

Employment, Job Related N.E.C. (J99)

Housing Expense Reduction Support, Rent Assistance (L82)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

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

SOURCE: Self-reported by organization

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,

Population(s) Served
Adults
Families

Where we work

Our results

SOURCE: Self-reported by organization

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

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

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.

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.

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.

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

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Helping Hands Foundation Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

1.53

Average of 0.50 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

1.5

Average of 3.3 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

8%

Average of 9% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Helping Hands Foundation Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Helping Hands Foundation Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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 ending: cloud_download Download Data

Helping Hands Foundation Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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
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
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
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
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
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
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Founder

Brad Dinkins

Number of employees

Source: IRS Form 990

Helping Hands Foundation Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Helping Hands Foundation Inc

Board of directors
as of 09/06/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Brad Dinkins

Helping Hands Foundation

Term: 2009 -

Tracy Rains

Dinkins Realty

Lori Boring

Banking

Pete Whirle

Construction

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • 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

SOURCE: Self-reported; last updated 9/6/2023

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:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability