Hands For Haiti
EIN: 453261733 · Lake City, MI · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $119K |
| Net Assets | $61K |
Is Hands For Haiti Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hands For Haiti
Hands For Haiti (EIN: 453261733) is a nonprofit organization based in Lake City, MI, classified under NTEE code T50. The organization reported total revenue of $200K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hands For Haiti's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hands For Haiti is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $119K |
| Surplus / Deficit | +$19K |
| Total Assets | $63K |
| Total Liabilities | $2K |
| Net Assets | $61K |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Hands For Haiti reported a surplus of $19K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Hands For Haiti's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.6% | +4.5% | +50.0% |
| 2022 | -37.6% | -1.5% | -44.8% |
| 2021 | +26.0% | +65.4% | +15.4% |
| 2020 | -6.7% | +0.4% | +83.6% |
| 2019 | +10.2% | -32.7% | +2337.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hands For Haiti has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hands For Haiti with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Hands For Haiti
Is Hands For Haiti a legitimate charity?
Based on AI analysis of IRS 990 filings, Hands For Haiti (EIN: 453261733) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hands For Haiti spend its money?
Detailed spending breakdown data is not yet available for Hands For Haiti. Check back for updated IRS 990 analysis.
Are donations to Hands For Haiti tax-deductible?
Hands For Haiti is registered as a tax-exempt nonprofit (EIN: 453261733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hands For Haiti located?
Hands For Haiti is headquartered in Lake City, Michigan and files with the IRS under EIN 453261733. It is classified under NTEE code T50.
How many years of IRS 990 filings does Hands For Haiti have?
Hands For Haiti has 8 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 $200K in total revenue.
Filing History
IRS 990 filing history for Hands For Haiti showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Hands For Haiti's revenue has grown by 77%, moving from $78K to $138K. Total assets increased by 193.4% over the same period, from $21K to $63K. Total functional expenses rose by 42.6%, from $83K to $119K. In its most recent filing year (2023), Hands For Haiti reported a surplus of $19K, with revenue exceeding expenses. The organization holds $2K in liabilities against $63K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $119K | $63K | $2K | — | — |
| 2022 | $80K | $114K | $42K | $0 | — | View 990 |
| 2021 | $128K | $115K | $76K | $0 | — | — |
| 2020 | $101K | $70K | $66K | $2K | — | View 990 |
| 2019 | $109K | $69K | $36K | $4K | — | View 990 |
| 2018 | $99K | $103K | $1K | $8K | — | View 990 |
| 2017 | $64K | $73K | $6K | $8K | — | View 990 |
| 2016 | $78K | $83K | $21K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $119K, and assets of $63K (revenue +72.6% year-over-year).
- 2022: Revenue of $80K, expenses of $114K, and assets of $42K (revenue -37.6% year-over-year).
- 2021: Revenue of $128K, expenses of $115K, and assets of $76K (revenue +26.0% year-over-year).
- 2020: Revenue of $101K, expenses of $70K, and assets of $66K (revenue -6.7% year-over-year).
- 2019: Revenue of $109K, expenses of $69K, and assets of $36K (revenue +10.2% year-over-year).
- 2018: Revenue of $99K, expenses of $103K, and assets of $1K (revenue +54.9% year-over-year).
- 2017: Revenue of $64K, expenses of $73K, and assets of $6K (revenue -18.1% year-over-year).
- 2016: Revenue of $78K, expenses of $83K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hands For Haiti:
Data Sources and Methodology
This transparency report for Hands For Haiti 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.