Overview
What is Helping Hand Foundation?
Helping Hand Foundation is a nonprofit organization with a rich history of over six decades, serving individuals with developmental disabilities in the Chicagoland area. Established in 1955, they provide an array of programs and services to aid these individuals in achieving their maximum level of independence. Their offerings include outpatient therapies, early intervention, specialized education for children with autism, high school transition programs, residential homes, employment services, adult developmental training, and recreational activities. The mission of Helping Hand Foundation is to ensure the organization's long-term financial stability, providing "Service for Life" to individuals with disabilities through fundraising and financial stewardship.
Official website here: www.hhfoundation.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Helping Hand Foundation has been awarded a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92% overall, with a perfect score in several key areas, including an entirely independent board and effective oversight of its financial statements. The charity’s excellent program expense ratio of 93.34% indicates that a significant majority of its expenses are directed toward its mission-related activities.
The foundation maintains a robust governance structure, as evidenced by the absence of material diversions of assets and a strong liabilities to assets ratio of 6.55%. These metrics suggest that Helping Hand Foundation is effectively managing its resources. Furthermore, the organization has demonstrated high fundraising efficiency, with a $0.00 cost per dollar raised, emphasizing its commitment to maximizing donor contributions.
However, there are some limitations noted in the data, such as the absence of a whistleblower policy and a document retention and destruction policy, which received no points. While these omissions do not undermine the organization’s financial health and operational transparency, they indicate areas for potential improvement in governance practices. Overall, Helping Hand Foundation presents a strong profile as a financially responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Helping Hand Foundation legitimate?
Helping Hand Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Hand 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: $0
For more financial information, click here
Official website here: www.hhfoundation.net
What is the mission statement of Helping Hand Foundation?
The Helping Hand Foundation's mission is centered around supporting the Helping Hand Center, an organization that aids individuals with disabilities. Their primary objective is to ensure the Center's long-term financial stability. They achieve this through fundraising and financial stewardship. The ultimate goal is to enable the Helping Hand Center to continue providing "Service for Life," which includes a variety of programs and services, such as outpatient therapies, early intervention, schools, residential homes, and recreational activities, to individuals with disabilities in their quest for independence.
Official website here: www.hhfoundation.net
Who is the CEO of Helping Hand Foundation?
Richard Sikes is the President of Helping Hand Foundation.
Official website here: www.hhfoundation.net
What is the revenue of Helping Hand Foundation?
Helping Hand Foundation's revenue in 2022 was $861,864.
Official website here: www.hhfoundation.net
Who are the executives of Helping Hand Foundation and what are their salaries?
There 6 volunteers at Helping Hand Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.hhfoundation.net
Where can I find the form 990 for Helping Hand Foundation?
Helping Hand Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hhfoundation.net
Learn more at the official website: www.hhfoundation.net
Mission Statement of Helping Hand Foundation
The Helping Hand Foundation's mission is centered around supporting the Helping Hand Center, an organization that has been serving individuals with disabilities in the greater Chicagoland area since 1955. The Foundation's primary goal is to ensure the long-term financial stability of this center through fundraising and financial stewardship. By doing so, the Foundation aims to help the Helping Hand Center continue providing "Service for Life" to individuals with disabilities, enabling them to achieve their highest level of independence through quality programs and services. The Helping Hand Center offers a comprehensive range of support, including outpatient therapies, early intervention, educational programs, residential homes, employment services, adult developmental training, and special recreational activities. The Foundation's role is crucial in ensuring that this vital work can continue, providing essential assistance to individuals with disabilities in their pursuit of independence and a fulfilling life.
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Impact
October, 2024
Helping Hand Foundation significantly enhances the quality of life for individuals with disabilities by ensuring the long-term financial stability of the Helping Hand Center. This support facilitates a diverse array of programs and services designed to empower children and adults with developmental disabilities in the greater Chicagoland area. Services such as outpatient therapies, early intervention, specialized education for children with autism, and employment training are made possible through the Foundation's fundraising and financial stewardship efforts. By promoting independence and providing essential resources, the Foundation plays a crucial role in helping individuals with disabilities achieve their highest potential. Its impact lies not only in the immediate services offered but also in fostering a sustainable environment for continued support and development for this community.
This information is meant to be a general summary of Helping Hand 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $141,864
- Program Service Revenue: $720,000
- Gross Receipts: $2,051,571
Assets and Liabilities:
- Total Assets: $13,967,289
- Total Liabilities: $5,610,519
- Net Assets: $8,356,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$720,000
Organization Details
Founding Year
2001
Phone
(708) 352-3580Principal Officer
Richard Sikes
Main Address
9649 WEST 55TH STREET, COUNTRYSIDE, IL, 60525
Website
www.hhfoundation.netNTEE Category
Code: E11 - Health
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