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

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.

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.

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. 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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.