Helping Hand Community Development Corporation Inc
Helping Hand Community Development Corporation Inc shows asset growth but recent revenue decline.
EIN: 141884063 · Little Rock, AR · NTEE: P50 · Updated: 2026-03-28
Is Helping Hand Community Development Corporation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helping Hand Community Development Corporation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helping Hand Community Development Corporation Inc
Helping Hand Community Development Corporation Inc (EIN: 141884063) is a nonprofit organization based in Little Rock, AR, classified under NTEE code P50. The organization reported total revenue of $3K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping Hand Community Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helping Hand Community Development Corporation Inc is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $81K |
| Surplus / Deficit | +$73K |
| Total Assets | $152K |
| Total Liabilities | $16K |
| Net Assets | $136K |
| Operating Margin | 47.5% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 22.6 months |
Financial Health Grade: A
In 2022, Helping Hand Community Development Corporation Inc reported a surplus of $73K with revenue exceeding expenses, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2022), Helping Hand Community Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +30.4% | -26.0% | +82.8% |
| 2021 | -7.8% | -2.4% | +11.3% |
| 2020 | -37.9% | -34.5% | +26.2% |
| 2019 | +19.1% | -6.5% | +110.7% |
| 2017 | -25.7% | -25.4% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helping Hand Community Development Corporation Inc with a Mission Score of 75 out of 100 (Good). 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, Helping Hand Community Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization with revenues exceeding $100,000 for many years.
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 Helping Hand Community Development Corporation Inc's IRS 990 filings:
- Drastic drop in latest reported revenue to $2,958, which is inconsistent with prior years' financial activity.
- Consistent 0% officer compensation for an organization with significant revenue, which is unusual and may indicate reliance on unpaid leadership or alternative compensation structures not fully transparent.
- Fluctuating financial performance with periods of deficits (e.g., 2017, 2016) indicating potential instability in revenue streams.
Strengths
The following positive indicators were identified for Helping Hand Community Development Corporation Inc:
- Consistent asset growth from $13,350 in 2012 to $151,854 in 2022, indicating financial stability and accumulation of reserves.
- Strong expense control in recent years, with expenses at approximately 52% of revenue in 2022.
- History of filing IRS Form 990s, demonstrating regulatory compliance and transparency.
Frequently Asked Questions about Helping Hand Community Development Corporation Inc
Is Helping Hand Community Development Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping Hand Community Development Corporation Inc (EIN: 141884063) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Helping Hand Community Development Corporation Inc spend its money?
Helping Hand Community Development Corporation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helping Hand Community Development Corporation Inc tax-deductible?
Helping Hand Community Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 141884063). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Helping Hand Community Development Corporation Inc a good charity?
Based on the available data, the organization demonstrates strong asset growth and a history of operating with 0% officer compensation, suggesting a focus on mission. However, the drastic drop in the latest reported revenue to $2,958 from $153,989 in the prior year raises significant questions about its current operational status and financial stability, which would need clarification to fully assess its 'goodness'.
Why is the latest revenue so low compared to previous years?
The latest reported revenue of $2,958 is significantly lower than the $153,989 reported in 2022. This could indicate a change in reporting period, a substantial reduction in operations, a temporary funding gap, or a data entry error. Further investigation into the most recent filing would be necessary to understand this discrepancy.
How does the organization fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization relies heavily on volunteer efforts for its management and operations.
Filing History
IRS 990 filing history for Helping Hand Community Development Corporation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2022), Helping Hand Community Development Corporation Inc's revenue has grown by 281.8%, moving from $40K to $154K. Total assets increased by 1037.5% over the same period, from $13K to $152K. Total functional expenses rose by 111.9%, from $38K to $81K. In its most recent filing year (2022), Helping Hand Community Development Corporation Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $16K in liabilities against $152K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $154K | $81K | $152K | $16K | — | View 990 |
| 2021 | $118K | $109K | $83K | $20K | — | View 990 |
| 2020 | $128K | $112K | $75K | $20K | — | View 990 |
| 2019 | $206K | $171K | $59K | $20K | — | View 990 |
| 2017 | $173K | $183K | $28K | $27K | — | View 990 |
| 2016 | $233K | $245K | $38K | $27K | — | View 990 |
| 2015 | $248K | $215K | $48K | $5K | — | View 990 |
| 2014 | $219K | $210K | $16K | $6K | — | View 990 |
| 2013 | $140K | $141K | $9K | $8K | — | View 990 |
| 2012 | $40K | $38K | $13K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $154K, expenses of $81K, and assets of $152K (revenue +30.4% year-over-year).
- 2021: Revenue of $118K, expenses of $109K, and assets of $83K (revenue -7.8% year-over-year).
- 2020: Revenue of $128K, expenses of $112K, and assets of $75K (revenue -37.9% year-over-year).
- 2019: Revenue of $206K, expenses of $171K, and assets of $59K (revenue +19.1% year-over-year).
- 2017: Revenue of $173K, expenses of $183K, and assets of $28K (revenue -25.7% year-over-year).
- 2016: Revenue of $233K, expenses of $245K, and assets of $38K (revenue -5.9% year-over-year).
- 2015: Revenue of $248K, expenses of $215K, and assets of $48K (revenue +13.0% year-over-year).
- 2014: Revenue of $219K, expenses of $210K, and assets of $16K (revenue +56.5% year-over-year).
- 2013: Revenue of $140K, expenses of $141K, and assets of $9K (revenue +247.4% year-over-year).
- 2012: Revenue of $40K, expenses of $38K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helping Hand Community Development Corporation Inc:
Data Sources and Methodology
This transparency report for Helping Hand Community Development Corporation 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.