Helping Hands Team
EIN: 844919469 · Edgewood, WA · NTEE: L82
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Net Assets | $1.2M |
Is Helping Hands Team Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Helping Hands Team
Helping Hands Team (EIN: 844919469) is a nonprofit organization based in Edgewood, WA, classified under NTEE code L82. The organization reported total revenue of $1.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping Hands Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helping Hands Team is a mid-size nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 32.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$198K |
| Total Assets | $1.2M |
| Total Liabilities | $3K |
| Net Assets | $1.2M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Helping Hands Team reported a surplus of $198K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Helping Hands Team's revenue has grown at a compound annual growth rate (CAGR) of 32.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.3% | +441.7% | -1.3% |
| 2022 | +535.7% | +96.7% | +123.1% |
| 2021 | -81.3% | +683.7% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Helping Hands Team 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 Hands Team 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 surplus of $198K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Helping Hands Team
Is Helping Hands Team a legitimate charity?
Helping Hands Team (EIN: 844919469) is a registered tax-exempt nonprofit based in Washington. It has 4 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Helping Hands Team spend its money?
Helping Hands Team reported $1.2M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Helping Hands Team tax-deductible?
Helping Hands Team is registered as a tax-exempt nonprofit (EIN: 844919469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Helping Hands Team located?
Helping Hands Team is headquartered in Edgewood, Washington and files with the IRS under EIN 844919469. It is classified under NTEE code L82.
How many years of IRS 990 filings does Helping Hands Team have?
Helping Hands Team has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Helping Hands Team showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Helping Hands Team's revenue has grown by 134.8%, moving from $571K to $1.3M. Total assets increased by 119.9% over the same period, from $558K to $1.2M. Total functional expenses rose by 8249.1%, from $14K to $1.1M. In its most recent filing year (2023), Helping Hands Team reported a surplus of $198K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $1.2M | $3K | — | — |
| 2022 | $679K | $211K | $1.2M | $217K | — | View 990 |
| 2021 | $107K | $107K | $557K | $0 | — | View 990 |
| 2020 | $571K | $14K | $558K | $227 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $1.2M (revenue +97.3% year-over-year).
- 2022: Revenue of $679K, expenses of $211K, and assets of $1.2M (revenue +535.7% year-over-year).
- 2021: Revenue of $107K, expenses of $107K, and assets of $557K (revenue -81.3% year-over-year).
- 2020: Revenue of $571K, expenses of $14K, and assets of $558K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helping Hands Team:
Data Sources and Methodology
This transparency report for Helping Hands Team 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.