Many Hands Inc
EIN: 510486987 · Chevy Chase, MD · NTEE: T20
Is Many Hands Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Many Hands Inc
Many Hands Inc (EIN: 510486987) is a nonprofit organization based in Chevy Chase, MD, classified under NTEE code T20. The organization reported total revenue of $401K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Many Hands Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Many Hands 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 Many Hands 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.
Frequently Asked Questions about Many Hands Inc
Is Many Hands Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Many Hands Inc (EIN: 510486987) insufficient data. 0 red flags identified, 0 strengths noted.
How does Many Hands Inc spend its money?
Detailed spending breakdown data is not yet available for Many Hands Inc. Check back for updated IRS 990 analysis.
Are donations to Many Hands Inc tax-deductible?
Many Hands Inc is registered as a tax-exempt nonprofit (EIN: 510486987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Many Hands Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Many Hands Inc's revenue has grown by 378%, moving from $111K to $532K. Total assets increased by 165.5% over the same period, from $111K to $295K. Total functional expenses rose by 8253.5%, from $4K to $355K. In its most recent filing year (2024), Many Hands Inc reported a surplus of $178K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $532K | $355K | $295K | $0 | — | View 990 |
| 2023 | $337K | $334K | $118K | $2K | — | View 990 |
| 2022 | $40K | $329K | $117K | $7K | — | View 990 |
| 2021 | $363K | $354K | $400K | $712 | — | View 990 |
| 2020 | $388K | $294K | $390K | $0 | — | — |
| 2019 | $345K | $309K | $288K | $1K | — | View 990 |
| 2018 | $338K | $243K | $252K | $1K | — | — |
| 2017 | $208K | $222K | $157K | $0 | — | View 990 |
| 2016 | $243K | $195K | $171K | $0 | — | — |
| 2015 | $129K | $10K | $123K | $0 | — | — |
| 2014 | $51K | $174K | $4K | $0 | — | View 990 |
| 2013 | $128K | $7K | $127K | $0 | — | View 990 |
| 2012 | $44K | $149K | $6K | $0 | — | View 990 |
| 2011 | $111K | $4K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $532K, expenses of $355K, and assets of $295K (revenue +57.9% year-over-year).
- 2023: Revenue of $337K, expenses of $334K, and assets of $118K (revenue +734.1% year-over-year).
- 2022: Revenue of $40K, expenses of $329K, and assets of $117K (revenue -88.9% year-over-year).
- 2021: Revenue of $363K, expenses of $354K, and assets of $400K (revenue -6.2% year-over-year).
- 2020: Revenue of $388K, expenses of $294K, and assets of $390K (revenue +12.3% year-over-year).
- 2019: Revenue of $345K, expenses of $309K, and assets of $288K (revenue +2.2% year-over-year).
- 2018: Revenue of $338K, expenses of $243K, and assets of $252K (revenue +62.1% year-over-year).
- 2017: Revenue of $208K, expenses of $222K, and assets of $157K (revenue -14.2% year-over-year).
- 2016: Revenue of $243K, expenses of $195K, and assets of $171K (revenue +88.3% year-over-year).
- 2015: Revenue of $129K, expenses of $10K, and assets of $123K (revenue +150.4% year-over-year).
- 2014: Revenue of $51K, expenses of $174K, and assets of $4K (revenue -59.8% year-over-year).
- 2013: Revenue of $128K, expenses of $7K, and assets of $127K (revenue +188.3% year-over-year).
- 2012: Revenue of $44K, expenses of $149K, and assets of $6K (revenue -60.1% year-over-year).
- 2011: Revenue of $111K, expenses of $4K, and assets of $111K.
Data Sources and Methodology
This transparency report for Many Hands 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.