Overview
What is South Strand Helping Hand Inc?
South Strand Helping Hand Inc, situated in Surfside Beach, South Carolina, is a compassionate nonprofit organization with a mission to assist those in need. With just two dedicated employees, they strive to alleviate hardships by providing essential resources such as food, clothing, utility payments, and rental support. Additionally, they offer assistance with travel expenses and medical bills, demonstrating their commitment to holistic care for their community members. Their activities are geared towards enhancing the living conditions of individuals who are facing financial challenges, thereby making a positive impact on their wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
South Strand Helping Hand Inc has received a commendable Three-Star rating with an overall score of 80%. This rating is derived from a single beacon score focused on Accountability & Finance, indicating strong financial practices and transparency within the organization. The charity has demonstrated a solid commitment to governance, featuring a fully independent board and a low liabilities to assets ratio, which reflects its strong financial health.
The organization excels in its operational efficiency, with a program expense ratio of 82.47%, meaning that a significant majority of its expenses are directed towards its programs rather than administrative costs. Notably, there are no reported issues regarding asset diversion, further reinforcing its reliability and accountability to stakeholders. The effective management of documents and board meeting minutes also reflects good governance practices.
While the rating showcases many strengths, the reliance on a single beacon score may limit a comprehensive assessment of the organization’s overall impact. Nonetheless, the financial metrics and governance details suggest that South Strand Helping Hand Inc is effectively managing its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is South Strand Helping Hand Inc legitimate?
South Strand Helping Hand Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Strand Helping Hand 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: $29,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of South Strand Helping Hand Inc?
South Strand Helping Hand Inc is committed to assisting those in need. Their primary mission involves providing essential resources such as food, clothing, and financial aid for utility payments, rent, and travel expenses. Furthermore, they extend their support to cover medical expenses as well. The organization's goal is to alleviate the hardships faced by individuals who are struggling financially. By offering these vital services, South Strand Helping Hand Inc aims to improve the living conditions and wellbeing of those they serve.
Who is the CEO of South Strand Helping Hand Inc?
Beth Kohlman is the President of South Strand Helping Hand Inc.
What is the revenue of South Strand Helping Hand Inc?
South Strand Helping Hand Inc's revenue in 2022 was $65,532.
Who are the executives of South Strand Helping Hand Inc and what are their salaries?
The average compensation at South Strand Helping Hand Inc during 2022 was $14,615. There are 2 employees at South Strand Helping Hand Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for South Strand Helping Hand Inc?
South Strand Helping Hand Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Strand Helping Hand Inc
South Strand Helping Hand Inc, a nonprofit organization, is committed to assisting those in need. Their mission is to provide essential resources and support to individuals who are struggling financially. This encompasses various necessities such as food, clothing, utility payments, rent expenses, and medical payments. By offering these services, South Strand Helping Hand Inc aims to alleviate some of the burden faced by those who are struggling, allowing them to focus on other aspects of their lives. This nonprofit organization serves as a beacon of hope and support for those in need, providing them with the essentials they require to maintain their livelihoods.
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Impact
August, 2024
South Strand Helping Hand Inc's impact is profound and far-reaching. They provide essential support to those in need by offering food, clothing, utility payments, rent assistance, travel expenses, and medical payments. Through their efforts, they make a direct and positive difference in the lives of individuals and families facing hardships. Their commitment to helping the needy in Surfside Beach, SC, demonstrates a dedication to enhancing human welfare and promoting a stronger, more resilient community.
This information is meant to be a general summary of South Strand Helping Hand 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: $117
- Gross Receipts: $65,532
Assets and Liabilities:
- Total Assets: $230,507
- Total Liabilities: $528
- Net Assets: $229,979
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Organization Details
Founding Year
1986
Phone
(843) 238-4594Principal Officer
Beth Kohlman
Main Address
812 S POPLAR ST SUITE 3, SURFSIDE BEACH, SC, 29575
NTEE Category
Code: P60 - Human services
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