Hands And Feet Project Inc

Is Hands And Feet Project Inc Legit?

Some Concerns

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

Hands And Feet Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hands And Feet Project Inc

Hands And Feet Project Inc (EIN: 201368997) is a nonprofit organization based in Columbia, TN, classified under NTEE code P70. The organization reported total revenue of $2.2M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hands And Feet Project Inc'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 Hands And Feet Project Inc 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, Hands And Feet Project Inc 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

The organization consistently reports 0% officer compensation across all 14 available filings, indicating that executive leadership is not drawing salaries from the organization's funds, which is highly commendable for an organization with over $2 million in annual revenue.

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 Hands And Feet Project Inc's IRS 990 filings:

• Slight deficit in 2023 ($2,033,293 revenue vs. $2,183,082 expenses), though this appears to be an isolated incident.

Strengths

The following positive indicators were identified for Hands And Feet Project Inc:

• Consistent reporting of 0% officer compensation across all 14 filings, indicating high efficiency and dedication to mission.
• Strong and growing asset base, increasing from $3,012,790 in 2014 to $4,590,300 in 2023.
• Generally healthy financial position with revenues often exceeding expenses.
• Low liabilities in most years, indicating strong financial management.
• Consistent filing history (14 filings) demonstrating transparency and compliance.

Frequently Asked Questions about Hands And Feet Project Inc

Filing History

IRS 990 filing history for Hands And Feet Project Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Hands And Feet Project Inc's revenue has grown by 132.3%, moving from $875K to $2.0M. Total assets increased by 310.9% over the same period, from $1.1M to $4.6M. Total functional expenses rose by 93.8%, from $1.1M to $2.2M. In its most recent filing year (2023), Hands And Feet Project Inc reported a deficit of $150K, with expenses exceeding revenue. The organization holds $102K in liabilities against $4.6M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $4.5M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $4.6M (revenue -8.2% year-over-year).
• 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $4.8M (revenue +19.6% year-over-year).
• 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $4.6M (revenue +36.8% year-over-year).
• 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $4.2M (revenue -5.3% year-over-year).
• 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $4.1M (revenue -36.6% year-over-year).
• 2018: Revenue of $2.3M, expenses of $2.0M, and assets of $4.4M (revenue +7.8% year-over-year).
• 2017: Revenue of $2.1M, expenses of $2.4M, and assets of $3.8M (revenue -18.2% year-over-year).
• 2016: Revenue of $2.6M, expenses of $2.2M, and assets of $3.7M (revenue +0.9% year-over-year).
• 2015: Revenue of $2.5M, expenses of $2.3M, and assets of $3.3M (revenue -0.6% year-over-year).
• 2014: Revenue of $2.6M, expenses of $2.0M, and assets of $3.0M (revenue +115.7% year-over-year).
• 2013: Revenue of $1.2M, expenses of $753K, and assets of $2.6M (revenue -40.6% year-over-year).
• 2013: Revenue of $2.0M, expenses of $1.5M, and assets of $1.9M (revenue +29.3% year-over-year).
• 2012: Revenue of $1.5M, expenses of $1.2M, and assets of $1.4M (revenue +76.1% year-over-year).
• 2011: Revenue of $875K, expenses of $1.1M, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Hands And Feet Project 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.