Overview
What is Helping Hand Of Myrtle Beach Inc?
Helping Hand of Myrtle Beach Inc is a nonprofit organization committed to providing immediate, short-term aid to individuals and families in distress. Their primary mission is to address urgent needs such as food, housing, and utility expenses, ensuring the stability of these vulnerable groups. Through their services, they aim to alleviate pressing situations that could potentially lead to instability, thereby contributing positively to their beneficiaries' lives.
Official website here: www.helpinghandmb.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Helping Hand Of Myrtle Beach Inc has achieved an 88% score, earning it a Three-Star rating. This rating primarily reflects the organization’s accountability and finance practices, which are critical for donor confidence. The organization has demonstrated strong financial management, with a program expense ratio of 95.16%, indicating that a significant portion of its expenses directly supports its mission.
The organization boasts an independent board structure, with 90% of its members being independent. It has also passed key financial assessments, such as a complete audit and no material diversion of assets. However, it lacks some policies that enhance transparency and governance, such as a whistleblower policy, document retention and destruction policy, and posting its tax forms on its website.
While Helping Hand Of Myrtle Beach Inc shows commendable financial health and accountability, addressing the noted gaps in governance policies could further strengthen the trust and support from the community and donors. Overall, the organization appears to be dedicated to efficiently serving its mission, with the majority of its resources allocated toward programs.
This AI summary has been generated from information found on Charity Navigator.
Is Helping Hand Of Myrtle Beach Inc legitimate?
Helping Hand Of Myrtle Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Hand Of Myrtle Beach 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: $51,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,831
For more financial information, click here
Official website here: www.helpinghandmb.org/
What is the mission statement of Helping Hand Of Myrtle Beach Inc?
Helping Hand of Myrtle Beach Inc's mission is centered around providing aid to individuals and families facing immediate, short-term challenges. This assistance is primarily focused on essential needs such as food, rent, and utilities, as well as offering specialized services. If these needs are not met, they pose a significant threat to an individual's or family's stability. The organization's goal is to alleviate these pressures, thereby maintaining their overall stability and wellbeing.
Official website here: www.helpinghandmb.org/
Who is the CEO of Helping Hand Of Myrtle Beach Inc?
Tracy Gardner is the Executive Director of Helping Hand Of Myrtle Beach Inc.
Official website here: www.helpinghandmb.org/
What is the revenue of Helping Hand Of Myrtle Beach Inc?
Helping Hand Of Myrtle Beach Inc's revenue in 2022 was $784,758.
Official website here: www.helpinghandmb.org/
Who are the executives of Helping Hand Of Myrtle Beach Inc and what are their salaries?
The average compensation at Helping Hand Of Myrtle Beach Inc during 2022 was $18,789. There are 10 employees and 50 volunteers at Helping Hand Of Myrtle Beach Inc.
Here are 11 key members and their salaries:
- Compensation: $28,685
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- Other: $0
- Compensation: $22,375
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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
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.helpinghandmb.org/
Where can I find the form 990 for Helping Hand Of Myrtle Beach Inc?
Helping Hand Of Myrtle Beach Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.helpinghandmb.org/
Learn more at the official website: www.helpinghandmb.org/
Mission Statement of Helping Hand Of Myrtle Beach Inc
Helping Hand of Myrtle Beach Inc is a nonprofit organization dedicated to providing immediate, short-term aid to individuals and families who are struggling to meet their basic needs. This assistance is crucial as failing to address these necessities, such as food, rent, and utilities, could potentially jeopardize the stability of an individual or a family. The mission of Helping Hand of Myrtle Beach Inc is to step in during these challenging times, offering a lifeline to those in need. By doing so, the organization contributes to maintaining the well-being of its community members, ensuring that they can carry on with their lives with a sense of security and stability.
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Impact
July, 2024
Helping Hand Of Myrtle Beach Inc has a significant impact on the local community by providing vital assistance to individuals and families facing immediate, short-term needs. By offering support for essentials such as food, rent, and utilities, the organization plays a crucial role in ensuring the stability and well-being of those in need. Through their specialized services, Helping Hand of Myrtle Beach addresses critical challenges that could otherwise jeopardize the livelihoods of individuals and families in the community. Their commitment to providing assistance where it is most needed truly makes a difference in improving the lives of those they serve.
This information is meant to be a general summary of Helping Hand Of Myrtle Beach 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.
- Investment Income: $1,038
- Gross Receipts: $784,758
Assets and Liabilities:
- Total Assets: $569,016
- Total Liabilities: $14,565
- Net Assets: $554,451
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Organization Details
Founding Year
1976
Principal Officer
Tracy Gardner
Main Address
PO Box 2886, Myrtle Beach, SC, 29578
Website
www.helpinghandmb.org/NTEE Category
Code: P43Z - Human services
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