Hands For Life
EIN: 471325840 · Phoenix, AZ · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $106K |
| Net Assets | $94K |
Is Hands For Life 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 Life
Hands For Life (EIN: 471325840) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code S40. The organization reported total revenue of $84K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hands For Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hands For Life is a micro nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $106K |
| Surplus / Deficit | $-7,631 |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | -7.8% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Hands For Life reported a deficit of $8K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Hands For Life's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.3% | -5.5% | -7.5% |
| 2022 | +5.0% | +1.0% | +-0.0% |
| 2021 | -1.7% | -4.3% | -4.0% |
| 2020 | -0.8% | +9.5% | -6.5% |
| 2019 | -6.2% | +24.9% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hands For Life 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 Life 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 deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Hands For Life
Is Hands For Life a legitimate charity?
Based on AI analysis of IRS 990 filings, Hands For Life (EIN: 471325840) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hands For Life spend its money?
Detailed spending breakdown data is not yet available for Hands For Life. Check back for updated IRS 990 analysis.
Are donations to Hands For Life tax-deductible?
Hands For Life is registered as a tax-exempt nonprofit (EIN: 471325840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hands For Life located?
Hands For Life is headquartered in Phoenix, Arizona and files with the IRS under EIN 471325840. It is classified under NTEE code S40.
How many years of IRS 990 filings does Hands For Life have?
Hands For Life 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 $84K in total revenue.
Filing History
IRS 990 filing history for Hands For Life showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Hands For Life's revenue has declined by 5.7%, moving from $104K to $98K. Total assets increased by 135.2% over the same period, from $40K to $94K. Total functional expenses rose by 61.4%, from $65K to $106K. In its most recent filing year (2023), Hands For Life reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $106K | $94K | $0 | — | — |
| 2022 | $112K | $112K | $102K | $0 | — | View 990 |
| 2021 | $106K | $111K | $102K | $0 | — | View 990 |
| 2020 | $108K | $116K | $106K | $0 | — | — |
| 2019 | $109K | $106K | $114K | $0 | — | View 990 |
| 2018 | $116K | $85K | $110K | $0 | — | View 990 |
| 2017 | $136K | $98K | $78K | $0 | — | View 990 |
| 2016 | $104K | $65K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $106K, and assets of $94K (revenue -12.3% year-over-year).
- 2022: Revenue of $112K, expenses of $112K, and assets of $102K (revenue +5.0% year-over-year).
- 2021: Revenue of $106K, expenses of $111K, and assets of $102K (revenue -1.7% year-over-year).
- 2020: Revenue of $108K, expenses of $116K, and assets of $106K (revenue -0.8% year-over-year).
- 2019: Revenue of $109K, expenses of $106K, and assets of $114K (revenue -6.2% year-over-year).
- 2018: Revenue of $116K, expenses of $85K, and assets of $110K (revenue -14.4% year-over-year).
- 2017: Revenue of $136K, expenses of $98K, and assets of $78K (revenue +30.9% year-over-year).
- 2016: Revenue of $104K, expenses of $65K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hands For Life:
Data Sources and Methodology
This transparency report for Hands For Life 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.