Overview
What is Hand To Hand Foundation Inc?
Hand to Hand Foundation Inc, based in Alma, Arkansas, is a compassionate nonprofit organization committed to serving humanity. Their mission is to distribute essential items such as food, clothing, school supplies, building materials, and other necessary products free of charge to individuals in need, regardless of any qualifying factors. Situated at 3820 NORTH HWY 71, this nonprofit manages to keep its costs low by purchasing items at wholesale prices, enabling them to extend their services to families in their community who are financially struggling. With a dedicated workforce of 10 individuals, Hand to Hand Foundation Inc is a beacon of assistance, providing vital resources to those in need within their local community.
Official website here: www.hand2handfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Hand To Hand Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. With an overall score of 60%, the foundation shows strengths in program expense and liabilities-to-assets ratios, demonstrating a commitment to directing a majority of its resources towards programs rather than administrative costs.
However, the organization faces significant challenges in governance and transparency, as evidenced by the absence of independent board members and policies related to conflicts of interest, whistleblower protections, and document retention. Additionally, their financial reporting has only been provided as a review or compilation, which may impact trust among donors and stakeholders.
Overall, while the foundation effectively allocates a high percentage of expenses to its programs, the lack of robust governance practices and financial oversight raises concerns that could affect its long-term sustainability and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hand To Hand Foundation Inc legitimate?
Hand To Hand Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hand To Hand Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,816
For more financial information, click here
Official website here: www.hand2handfoundation.org/
What is the mission statement of Hand To Hand Foundation Inc?
The Hand to Hand Foundation Inc is dedicated to serving humanity by providing essential items such as food, clothing, school supplies, building materials, and other needed products free of charge to individuals in need, without any qualifying factors. Their mission is centered around alleviating hardships by distributing these items without bias or discrimination. The foundation strives to keep the costs of the food items they donate or sell at wholesale prices, thereby making them affordable or even free for families in economically challenging circumstances.
Official website here: www.hand2handfoundation.org/
Who is the CEO of Hand To Hand Foundation Inc?
Lori Layne is the President of Hand To Hand Foundation Inc.
Official website here: www.hand2handfoundation.org/
What is the revenue of Hand To Hand Foundation Inc?
Hand To Hand Foundation Inc's revenue in 2022 was $2,507,998.
Official website here: www.hand2handfoundation.org/
Who are the executives of Hand To Hand Foundation Inc and what are their salaries?
The average compensation at Hand To Hand Foundation Inc during 2022 was $20,382. There are 10 employees at Hand To Hand Foundation Inc.
Here are 6 key members and their salaries:
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Official website here: www.hand2handfoundation.org/
Where can I find the form 990 for Hand To Hand Foundation Inc?
Hand To Hand Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hand2handfoundation.org/
Learn more at the official website: www.hand2handfoundation.org/
Mission Statement of Hand To Hand Foundation Inc
Hand to Hand Foundation Inc is committed to serving humanity by providing essential items such as food, clothing, school supplies, building materials, and other necessary products to individuals in need, without any qualifying factors. This nonprofit organization is dedicated to its mission, which involves distributing these items freely, demonstrating a genuine concern for the well-being of its community members.
The foundation's mission is rooted in the belief that everyone deserves access to basic necessities, regardless of their circumstances. In line with this belief, Hand to Hand Foundation Inc has worked tirelessly to provide food items to families in their community at low costs or even for free. They manage to keep their costs low by purchasing food and other items at wholesale prices, which allows them to extend their assistance to a larger number of individuals who are economically disadvantaged. In essence, Hand to Hand Foundation Inc is a compassionate organization that seeks to alleviate the hardships faced by those in need, thereby contributing to a more equitable society.
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Impact
August, 2024
Hand To Hand Foundation Inc's impact is significant as it is dedicated to serving humanity by distributing essential items such as food, clothing, school supplies, and building materials to those in need without any qualifying factors. This organization plays a crucial role in providing support to families in the community who may be experiencing economic hardship by offering these necessary products either at low costs or completely free of charge. Through their work, Hand To Hand Foundation Inc positively impacts the lives of individuals and families by addressing immediate needs and promoting a sense of community care and support.
This information is meant to be a general summary of Hand To Hand Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,507,998
Assets and Liabilities:
- Total Assets: $354,026
- Total Liabilities: $7,451
- Net Assets: $346,575
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Organization Details
Phone
(479) 632-8627Principal Officer
Lori Layne
Main Address
3820 NORTH HWY 71, ALMA, AR, 72921
Website
www.hand2handfoundation.org/NTEE Category
Code: T19 - Philanthropy
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