Is Hands Together For Haitians Inc Legit?

Hands Together For Haitians Inc demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization has shown growth in revenue over the past decade, with its latest reported revenue at $1,770,431. While the most recent filing (202312) shows expenses exceeding revenue ($689,371 vs $625,490), this appears to be an anomaly in an otherwise positive trend of revenue exceeding expenses in most prior years. The organization maintains a healthy asset base relative to its liabilities, with liabilities often reported as $0, indicating strong financial management and minimal debt. The absence of reported officer compensation across all available filings suggests a high degree of volunteerism at the leadership level, which is a positive indicator of efficiency and dedication to the cause. Spending efficiency appears to be strong, particularly given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide precise percentages, but the overall financial picture suggests that a significant portion of funds are likely directed towards programmatic activities. The organization's assets have grown substantially over time, from $46,140 in 2015 to $406,534 in 2023, indicating prudent financial stewardship and the ability to build reserves. This growth in assets, coupled with minimal liabilities, provides a solid foundation for future operations. Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation across all filings is a significant positive for transparency and efficiency. The organization's consistent filing history over 13 periods further enhances its transparency profile, allowing stakeholders to track its financial performance over an extended period. The relatively low liabilities throughout its history also contribute to a clear financial picture.