Hand In Hand Mano En Mano

Is Hand In Hand Mano En Mano Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hand In Hand Mano En Mano directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hand In Hand Mano En Mano

Hand In Hand Mano En Mano (EIN: 10836208) is a nonprofit organization based in Milbridge, ME, classified under NTEE code B99. The organization reported total revenue of $3.2M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hand In Hand Mano En Mano's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hand In Hand Mano En Mano with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Hand In Hand Mano En Mano allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a highly positive sign for donor confidence and resource allocation directly to the mission.

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 Hand In Hand Mano En Mano's IRS 990 filings:

• Increase in liabilities to $1,800,988 in 2023, which, while not disproportionate to assets, warrants monitoring.

Strengths

The following positive indicators were identified for Hand In Hand Mano En Mano:

• Consistent revenue growth over the past decade, from $755,561 in 2014 to $2,994,729 in 2023.
• Strong asset growth, reaching $4,573,691 in 2023, indicating robust financial health.
• No reported officer compensation across all filings, demonstrating a commitment to mission-focused spending.
• Positive net income in most recent years, such as a $646,778 surplus in 2023 ($2,994,729 revenue - $2,347,951 expenses).
• Significant increase in assets relative to liabilities, showing a healthy balance sheet.

Frequently Asked Questions about Hand In Hand Mano En Mano

Filing History

IRS 990 filing history for Hand In Hand Mano En Mano showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hand In Hand Mano En Mano's revenue has grown by 237.3%, moving from $888K to $3.0M. Total assets increased by 237.5% over the same period, from $1.4M to $4.6M. Total functional expenses rose by 946.2%, from $224K to $2.3M. In its most recent filing year (2023), Hand In Hand Mano En Mano reported a surplus of $647K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $4.6M in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $2.8M.

Year-by-Year Financial Summary

• 2023: Revenue of $3.0M, expenses of $2.3M, and assets of $4.6M (revenue +20.2% year-over-year).
• 2022: Revenue of $2.5M, expenses of $2.6M, and assets of $3.9M (revenue -34.5% year-over-year).
• 2021: Revenue of $3.8M, expenses of $3.8M, and assets of $3.9M (revenue +6.5% year-over-year).
• 2020: Revenue of $3.6M, expenses of $2.4M, and assets of $2.6M (revenue +169.3% year-over-year).
• 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.4M (revenue -0.2% year-over-year).
• 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.4M (revenue +5.4% year-over-year).
• 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $1.5M (revenue +44.9% year-over-year).
• 2016: Revenue of $870K, expenses of $811K, and assets of $1.4M (revenue +9.8% year-over-year).
• 2015: Revenue of $792K, expenses of $784K, and assets of $1.3M (revenue +4.9% year-over-year).
• 2014: Revenue of $756K, expenses of $747K, and assets of $1.4M (revenue +10.1% year-over-year).
• 2013: Revenue of $686K, expenses of $673K, and assets of $1.4M (revenue +68.8% year-over-year).
• 2012: Revenue of $406K, expenses of $412K, and assets of $1.4M (revenue -54.2% year-over-year).
• 2011: Revenue of $888K, expenses of $224K, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Hand In Hand Mano En Mano 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.