A Lending Hand Foundation Inc
A Lending Hand Foundation Inc. reports significant negative revenue and declining assets in recent years.
EIN: 20654963 · Northfield, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $16K |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 45/100 |
Is A Lending Hand Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A Lending Hand Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A Lending Hand Foundation Inc
A Lending Hand Foundation Inc (EIN: 20654963) is a nonprofit organization based in Northfield, NJ, classified under NTEE code T20. The organization reported total revenue of $2.3M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Lending Hand Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Lending Hand Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -428.5% | -95.2% | -11.1% |
| 2022 | -69.8% | -24.1% | -7.0% |
| 2021 | +267.3% | +373.1% | -3.2% |
| 2020 | -94.5% | -69.6% | -0.1% |
| 2019 | +49.6% | +37.4% | +57.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Lending Hand Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, A Lending Hand Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is a positive for donor perception regarding executive pay relative to the organization's size and revenue fluctuations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of A Lending Hand Foundation Inc's IRS 990 filings:
- Significant negative revenue of -$328,745 in 2023, indicating substantial financial losses.
- Consistent reporting of $1 in liabilities across all filings, which is highly unusual and raises questions about financial transparency.
- Declining asset base from $3,465,871 in 2019 to $2,772,570 in 2023, suggesting erosion of financial stability.
- Volatile revenue history with sharp declines after periods of high income, indicating an unstable funding model.
Strengths
The following positive indicators were identified for A Lending Hand Foundation Inc:
- Consistent filing of IRS Form 990s, demonstrating a commitment to public disclosure.
- No officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Historically managed significant assets, reaching over $3.4 million in 2019.
Frequently Asked Questions about A Lending Hand Foundation Inc
Is A Lending Hand Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, A Lending Hand Foundation Inc (EIN: 20654963) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does A Lending Hand Foundation Inc spend its money?
A Lending Hand Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to A Lending Hand Foundation Inc tax-deductible?
A Lending Hand Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20654963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of A Lending Hand Foundation Inc's spending goes to programs?
A Lending Hand Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does A Lending Hand Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), A Lending Hand Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is A Lending Hand Foundation Inc located?
A Lending Hand Foundation Inc is headquartered in Northfield, New Jersey and files with the IRS under EIN 20654963. It is classified under NTEE code T20.
How many years of IRS 990 filings does A Lending Hand Foundation Inc have?
A Lending Hand Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Why did A Lending Hand Foundation Inc. report negative revenue of -$328,745 in 2023?
Negative revenue typically indicates that returns, allowances, or other deductions exceeded gross revenue, or that the organization experienced significant losses from investments or other activities. This is a critical area for clarification.
What is the explanation for the consistent $1 liability reported across all IRS 990 filings?
A consistent $1 liability is highly unusual for an organization of this size and history. It could indicate an error in reporting, a specific accounting method, or a lack of detailed disclosure regarding actual liabilities.
How does the organization plan to address the significant decline in assets from $3,465,871 in 2019 to $2,772,570 in 2023?
The sustained decrease in assets suggests a depletion of reserves or investments, which could impact the organization's long-term sustainability and capacity to fulfill its mission.
What are the specific program activities and their associated costs, given the NTEE code T20 (Housing, Shelter)?
Without a detailed breakdown of expenses, it's difficult to ascertain how effectively the organization is spending its funds on its stated mission, especially given the volatile revenue.
Filing History
IRS 990 filing history for A Lending Hand Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), A Lending Hand Foundation Inc's revenue has declined by 951.2%, moving from $39K to $-328,745. Total assets increased by 578.9% over the same period, from $408K to $2.8M. Total functional expenses fell by 53.5%, from $34K to $16K. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-328,745 | $16K | $2.8M | $1 | — | — |
| 2022 | $100K | $335K | $3.1M | $1 | — | View 990 |
| 2021 | $331K | $442K | $3.4M | $1 | — | View 990 |
| 2020 | $90K | $93K | $3.5M | $1 | — | View 990 |
| 2019 | $1.6M | $307K | $3.5M | $1 | — | View 990 |
| 2015 | $1.1M | $223K | $2.2M | $1 | — | View 990 |
| 2014 | $1.2M | $214K | $1.3M | $1 | — | View 990 |
| 2013 | $49K | $39K | $400K | $1 | — | View 990 |
| 2012 | $18K | $36K | $390K | $1 | — | View 990 |
| 2011 | $39K | $34K | $408K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-328,745, expenses of $16K, and assets of $2.8M (revenue -428.5% year-over-year).
- 2022: Revenue of $100K, expenses of $335K, and assets of $3.1M (revenue -69.8% year-over-year).
- 2021: Revenue of $331K, expenses of $442K, and assets of $3.4M (revenue +267.3% year-over-year).
- 2020: Revenue of $90K, expenses of $93K, and assets of $3.5M (revenue -94.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $307K, and assets of $3.5M (revenue +49.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $223K, and assets of $2.2M (revenue -5.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $214K, and assets of $1.3M (revenue +2273.4% year-over-year).
- 2013: Revenue of $49K, expenses of $39K, and assets of $400K (revenue +164.9% year-over-year).
- 2012: Revenue of $18K, expenses of $36K, and assets of $390K (revenue -52.5% year-over-year).
- 2011: Revenue of $39K, expenses of $34K, and assets of $408K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Lending Hand Foundation Inc:
Data Sources and Methodology
This transparency report for A Lending Hand Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.