Hands & Voices Inc

Hands & Voices Inc. consistently allocates 0% to officer compensation but frequently operates with deficits.

EIN: 201549740 · Boulder, CO · NTEE: B28 · Updated: 2026-03-28

$949KRevenue
$126KAssets
88/100Mission Score (Excellent)
B28

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Hands & Voices Inc Financial Summary
MetricValue
Total Revenue$949K
Total Expenses$974K
Program Spending85%
CEO/Top Officer Pay$1
Net Assets$81K
Transparency Score88/100

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Hands & Voices Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hands & Voices Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hands & Voices Inc in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $949K and expenses of $974K.

Revenue and Expenses

Hands & Voices Inc reported $949K in revenue and $974K in expenses, a deficit of $26K.

Executive Compensation

Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

88/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Hands & Voices Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hands & Voices Inc Expense Deployment
Program services$828K (85%)

Across stored filings, Hands & Voices Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hands & Voices Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade C14 stored filing years
Peer contextCompare with International Midwife Assistance IncColorado and Education context

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

About Hands & Voices Inc

Hands & Voices Inc (EIN: 201549740) is a nonprofit organization based in Boulder, CO, classified under NTEE code B28. The organization reported total revenue of $949K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hands & Voices Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Hands & Voices Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$949K
Total Expenses$974K
Surplus / Deficit$-25,668
Total Assets$126K
Total Liabilities$44K
Net Assets$81K
Operating Margin-2.7%
Debt-to-Asset Ratio35.3%
Months of Reserves1.5 months

Financial Health Grade: C

In 2024, Hands & Voices Inc reported a deficit of $26K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 35.3% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2024), Hands & Voices Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024+2.6%+2.0%+16.8%
2023+5.8%+7.0%-13.5%
2022+2.8%+20.6%-17.6%
2021-3.6%-21.3%+200.0%
2020-3.7%+10.2%-51.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hands & Voices Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing (202405), the organization reported total expenses of $974,409 against revenues of $948,741, indicating a slight operating deficit. This trend of expenses exceeding revenue has been observed in several recent periods, such as 202305 ($955,598 expenses vs. $924,432 revenue) and 202205 ($892,785 expenses vs. $873,452 revenue), suggesting a need for closer monitoring of financial sustainability. Despite these deficits, the organization maintains positive assets of $125,795 in 202405, though liabilities have increased to $44,412 from a much lower $856 in 202305. The organization's spending efficiency appears strong, with a significant portion of its budget allocated to program services. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating that executive leadership is not drawing salaries from the organization, which enhances donor confidence and resource allocation to direct services. This practice significantly contributes to the organization's overall transparency and efficiency. However, the recurring operational deficits, where expenses frequently outpace revenue, warrant attention. While not immediately critical given the asset base, a sustained pattern could impact long-term financial health. The organization's transparency is high, particularly with the clear disclosure of no officer compensation, which is a strong positive indicator for donors and stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hands & Voices Inc with a Mission Score of 88 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 & Voices 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.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$949KTotal Revenue
$974KTotal Expenses
$126KTotal Assets
$44KTotal Liabilities
$81KNet Assets
  • The organization reported a deficit of $26K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 35.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly commendable for an organization of its size with nearly $1 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 & Voices Inc's IRS 990 filings:

  • Recurring operational deficits (expenses exceeding revenue) in multiple recent periods (e.g., 202405, 202305, 202205).
  • Significant increase in liabilities from $856 in 202305 to $44,412 in 202405.

Strengths

The following positive indicators were identified for Hands & Voices Inc:

  • Consistent 0% officer compensation across all filings, indicating strong resource allocation to mission.
  • Strong program spending ratio, demonstrating a focus on direct services.
  • Positive asset base, providing some financial cushion despite deficits.
  • Long filing history (14 filings), indicating consistent compliance and transparency.

Frequently Asked Questions about Hands & Voices Inc

Is Hands & Voices Inc a legitimate charity?

Hands & Voices Inc (EIN: 201549740) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $949K. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Hands & Voices Inc spend its money?

Hands & Voices Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hands & Voices Inc tax-deductible?

Hands & Voices Inc is registered as a tax-exempt nonprofit (EIN: 201549740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hands & Voices Inc CEO make?

Hands & Voices Inc's highest-compensated officer earns $1 annually. The organization reported $949K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hands & Voices Inc's spending goes to programs?

Hands & Voices Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hands & Voices Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Hands & Voices Inc is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hands & Voices Inc located?

Hands & Voices Inc is headquartered in Boulder, Colorado and files with the IRS under EIN 201549740. It is classified under NTEE code B28.

How many years of IRS 990 filings does Hands & Voices Inc have?

Hands & Voices Inc has 14 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 $949K in total revenue.

Is Hands & Voices Inc. financially sustainable given its recurring deficits?

Hands & Voices Inc. has frequently reported expenses exceeding revenue, such as in 202405 ($974,409 expenses vs. $948,741 revenue). While it maintains positive assets ($125,795 in 202405), a sustained pattern of deficits could challenge long-term financial sustainability if not addressed through increased revenue or expense management.

How does the 0% officer compensation impact the organization?

The consistent 0% officer compensation across all filings is a significant positive, indicating that executive leadership is not drawing salaries. This practice maximizes resources for program services and enhances donor trust and the organization's perceived efficiency.

What is the trend in the organization's assets and liabilities?

Assets have fluctuated but remained positive, reaching $125,795 in 202405. Liabilities have shown variability, increasing significantly to $44,412 in 202405 from $856 in 202305, which warrants monitoring.

Filing History

IRS 990 filing history for Hands & Voices Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Hands & Voices Inc's revenue has grown by 322.9%, moving from $224K to $949K. Total assets increased by 195.8% over the same period, from $43K to $126K. Total functional expenses rose by 435.9%, from $182K to $974K. In its most recent filing year (2024), Hands & Voices Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $44K in liabilities against $126K in assets (debt-to-asset ratio: 35.3%), resulting in net assets of $81K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $949K $974K $126K $44K View 990
2023 $924K $956K $108K $856 View 990
2022 $873K $893K $124K $-13,718 View 990
2021 $849K $740K $151K $-10,846 View 990
2020 $881K $941K $50K $1K View 990
2019 $915K $854K $104K $-13,692 View 990
2018 $700K $911K $53K $-3,596 View 990
2017 $797K $503K $294K $0 View 990
2016 $459K $507K $-48,364 $0 View 990
2015 $486K $470K $16K $0 View 990
2014 $349K $352K $-2,746 $0 View 990
2013 $240K $263K $-23,602 $0 View 990
2012 $224K $248K $-24,630 $0 View 990
2011 $224K $182K $43K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $949K, expenses of $974K, and assets of $126K (revenue +2.6% year-over-year).
  • 2023: Revenue of $924K, expenses of $956K, and assets of $108K (revenue +5.8% year-over-year).
  • 2022: Revenue of $873K, expenses of $893K, and assets of $124K (revenue +2.8% year-over-year).
  • 2021: Revenue of $849K, expenses of $740K, and assets of $151K (revenue -3.6% year-over-year).
  • 2020: Revenue of $881K, expenses of $941K, and assets of $50K (revenue -3.7% year-over-year).
  • 2019: Revenue of $915K, expenses of $854K, and assets of $104K (revenue +30.7% year-over-year).
  • 2018: Revenue of $700K, expenses of $911K, and assets of $53K (revenue -12.2% year-over-year).
  • 2017: Revenue of $797K, expenses of $503K, and assets of $294K (revenue +73.8% year-over-year).
  • 2016: Revenue of $459K, expenses of $507K, and assets of $-48,364 (revenue -5.7% year-over-year).
  • 2015: Revenue of $486K, expenses of $470K, and assets of $16K (revenue +39.3% year-over-year).
  • 2014: Revenue of $349K, expenses of $352K, and assets of $-2,746 (revenue +45.7% year-over-year).
  • 2013: Revenue of $240K, expenses of $263K, and assets of $-23,602 (revenue +7.2% year-over-year).
  • 2012: Revenue of $224K, expenses of $248K, and assets of $-24,630 (revenue -0.4% year-over-year).
  • 2011: Revenue of $224K, expenses of $182K, and assets of $43K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hands & Voices Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hands & Voices 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.

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