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Helping Hands Charitable Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208670440 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Helping Hands Charitable Foundation?

Helping Hands Charitable Foundation is a nonprofit organization situated in Sarasota, Florida, with a mission to provide charitable, educational, and scientific assistance to the needy and disadvantaged, including victims of government-designated disasters. Their primary role involves grant-making to public charities, as per IRS sections 501(C)(3) and 509(A)(1), (2), or (3), which focus on charitable, educational, or scientific activities. Moreover, Helping Hands offers support services to these public charities, ensuring they can effectively carry out their charitable objectives. With a workforce of eight individuals, the foundation aims to contribute positively to the welfare of the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62%

Helping Hands Charitable Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a mixed performance in accountability and finance. While the organization boasts a fully independent board, it struggles significantly in several key areas, particularly in financial transparency, as reflected in the low scores for financial statements and the absence of critical policies.

The foundation does demonstrate some strengths, such as a strong material diversion of assets score, indicating proper handling of resources. However, the overall financial management practices raise concerns, particularly regarding fundraising efficiency and the absence of a public-facing tax form on its website. This lack of transparency could hinder donor trust and overall organizational credibility.

Users and donors might appreciate the board's independence, but they should be cautious given the highlighted limitations in financial practices and governance policies. Addressing these weaknesses could enhance the foundation's performance and public perception in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Helping Hands Charitable Foundation legitimate?

Helping Hands Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Hands Charitable Foundation 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: $226,416

For more financial information, click here

What is the mission statement of Helping Hands Charitable Foundation?

The Helping Hands Charitable Foundation is established with a charitable, educational, and scientific mission. Its primary objective is to offer aid to the impoverished and needy, including those affected by government-designated disasters. Additionally, the foundation provides grant-making support to public charities that fall under sections 501(C)(3) and 509(A)(1), (2), or (3) of the Internal Revenue Code, engaging in charitable, educational, or scientific activities. Furthermore, the foundation offers support services to public charities involved in similar activities.

Who is the CEO of Helping Hands Charitable Foundation?

Bryan Green is the Secretary of Helping Hands Charitable Foundation.

What is the revenue of Helping Hands Charitable Foundation?

Helping Hands Charitable Foundation's revenue in 2022 was $5,181,463.

Who are the executives of Helping Hands Charitable Foundation and what are their salaries?

The average compensation at Helping Hands Charitable Foundation during 2022 was $28,302. There are 8 employees at Helping Hands Charitable Foundation.


Here are 4 key members and their salaries:


Daniel Baker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Green (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrill A Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Merritt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Helping Hands Charitable Foundation?

Helping Hands Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Helping Hands Charitable Foundation

Helping Hands Charitable Foundation is devoted to serving a charitable, educational, and scientific purpose. Its primary mission is to extend aid to the impoverished and needy, encompassing individuals who have been affected by government-designated disasters. The foundation also engages in grant-making activities, primarily targeting public charities that fall under sections 501(C)(3) and 509(A)(1), (2), or (3) of the Internal Revenue Code. These charities are recognized for their involvement in charitable, educational, or scientific undertakings. Beyond grant-making, Helping Hands Charitable Foundation offers support services to these public charities, ensuring they can continually engage in their charitable, educational, or scientific activities effectively.

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Impact




October, 2024

Helping Hands Charitable Foundation significantly impacts communities by providing essential assistance to the poor and needy, particularly those affected by government-designated disasters. Through its commitment to charitable, educational, and scientific endeavors, the foundation offers vital support to individuals in crisis, ensuring that they receive necessary resources and services.

An important aspect of its work involves grant-making to public charities that align with its mission, enabling these organizations to further their initiatives in serving the underserved populations. By partnering with other nonprofits described under specific sections of the Internal Revenue Code, Helping Hands enhances the collective ability to address pressing social issues and foster community well-being.

Moreover, the foundation offers support services to these public charities, facilitating their operations and maximizing their impact in the community. This holistic approach ensures that assistance reaches those who need it most, transforming lives and empowering individuals to rise above their challenges. With its headquarters in Sarasota, Florida, Helping Hands Charitable Foundation exemplifies a dedication to improving the quality of life for those in need.




This information is meant to be a general summary of Helping Hands Charitable Foundation. 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.

Revenue
$5,181,463 (2022)
Expenses
$4,977,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,654
  • Gross Receipts: $5,181,463

Assets and Liabilities:

  • Total Assets: $503,083
  • Total Liabilities: $0
  • Net Assets: $503,083

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Organization Details

Founding Year

2007

Principal Officer

Bryan Green

Main Address

1859 NORTHGATE BLVD, SARASOTA, FL, 34234

NTEE Category

Code: P80 - Human services

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