Helping Hand Developmentel Center Inc
EIN: 510138781 · E Flat Rock, NC · NTEE: B28Z
| Metric | Value |
|---|---|
| Total Revenue | $317K |
| Total Expenses | $802K |
| Net Assets | $115K |
Is Helping Hand Developmentel Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Helping Hand Developmentel Center Inc
Helping Hand Developmentel Center Inc (EIN: 510138781) is a nonprofit organization based in E Flat Rock, NC, classified under NTEE code B28Z. The organization reported total revenue of $317K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping Hand Developmentel Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helping Hand Developmentel Center Inc is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $678K |
| Total Expenses | $802K |
| Surplus / Deficit | $-123,989 |
| Total Assets | $115K |
| Net Assets | $115K |
| Operating Margin | -18.3% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Helping Hand Developmentel Center Inc reported a deficit of $124K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Helping Hand Developmentel Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.9% | +4.2% | -51.6% |
| 2022 | +17.5% | +15.4% | +7.4% |
| 2021 | -27.2% | -15.3% | +12.0% |
| 2020 | +21.5% | -1.6% | +255.2% |
| 2019 | -9.3% | -7.2% | -33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Helping Hand Developmentel Center Inc 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 Helping Hand Developmentel Center Inc 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 $124K, with expenses exceeding revenue.
Frequently Asked Questions about Helping Hand Developmentel Center Inc
Is Helping Hand Developmentel Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping Hand Developmentel Center Inc (EIN: 510138781) insufficient data. 0 red flags identified, 0 strengths noted.
How does Helping Hand Developmentel Center Inc spend its money?
Detailed spending breakdown data is not yet available for Helping Hand Developmentel Center Inc. Check back for updated IRS 990 analysis.
Are donations to Helping Hand Developmentel Center Inc tax-deductible?
Helping Hand Developmentel Center Inc is registered as a tax-exempt nonprofit (EIN: 510138781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Helping Hand Developmentel Center Inc located?
Helping Hand Developmentel Center Inc is headquartered in E Flat Rock, North Carolina and files with the IRS under EIN 510138781. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Helping Hand Developmentel Center Inc have?
Helping Hand Developmentel Center Inc has 13 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 $317K in total revenue.
Filing History
IRS 990 filing history for Helping Hand Developmentel Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Helping Hand Developmentel Center Inc's revenue has declined by 42.7%, moving from $1.2M to $678K. Total assets decreased by 56.7% over the same period, from $267K to $115K. Total functional expenses fell by 33.3%, from $1.2M to $802K. In its most recent filing year (2023), Helping Hand Developmentel Center Inc reported a deficit of $124K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $678K | $802K | $115K | $0 | — | View 990 |
| 2022 | $797K | $770K | $238K | $2K | — | View 990 |
| 2021 | $679K | $667K | $222K | $12K | — | View 990 |
| 2020 | $932K | $788K | $198K | $1K | — | View 990 |
| 2019 | $767K | $800K | $56K | $7K | — | View 990 |
| 2018 | $845K | $863K | $84K | $2K | — | View 990 |
| 2017 | $859K | $854K | $101K | $900 | — | View 990 |
| 2016 | $931K | $939K | $97K | $4K | — | View 990 |
| 2015 | $1.0M | $1.0M | $112K | $10K | — | View 990 |
| 2014 | $1.0M | $1.1M | $145K | $4K | — | View 990 |
| 2013 | $1.2M | $1.3M | $176K | $8K | — | View 990 |
| 2012 | $1.3M | $1.3M | $290K | $10K | — | View 990 |
| 2011 | $1.2M | $1.2M | $267K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $678K, expenses of $802K, and assets of $115K (revenue -14.9% year-over-year).
- 2022: Revenue of $797K, expenses of $770K, and assets of $238K (revenue +17.5% year-over-year).
- 2021: Revenue of $679K, expenses of $667K, and assets of $222K (revenue -27.2% year-over-year).
- 2020: Revenue of $932K, expenses of $788K, and assets of $198K (revenue +21.5% year-over-year).
- 2019: Revenue of $767K, expenses of $800K, and assets of $56K (revenue -9.3% year-over-year).
- 2018: Revenue of $845K, expenses of $863K, and assets of $84K (revenue -1.6% year-over-year).
- 2017: Revenue of $859K, expenses of $854K, and assets of $101K (revenue -7.7% year-over-year).
- 2016: Revenue of $931K, expenses of $939K, and assets of $97K (revenue -7.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $112K (revenue -3.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $145K (revenue -11.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $176K (revenue -8.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $290K (revenue +9.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helping Hand Developmentel Center Inc:
Data Sources and Methodology
This transparency report for Helping Hand Developmentel Center 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.