Hand In Hand Foundation
- Assets
- $87.2k
- Revenue
- $37.3k
- Investments
- $72.7k
- Employees
- 0
- Location
- Royal Oak, MI
- Founding
- 01/2005
- Data as of
- 11/2021
- EIN
- 20-0514227
Organization Overview
Hand In Hand Foundation is located in Royal Oak, MI. The organization was established in 2005. According to its NTEE Classification (G51) the organization is classified as: Arthritis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hand In Hand Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, Hand In Hand Foundation generated $37.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (57.1%) each year. All expenses for the organization totaled $109.8k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSU - CMS MUSIC THERAPY - CASH CONTRIBUTIONS MADE TO THE MICHIGAN STATE UNIVERSITY PROGRAM TO ASSIST STUDENTS WITH MENTAL OR EMOTIONAL NEEDS THROUGH MUSIC
FIRST UNITED METHODISTS CHURCH - PROJECT NOAH CONTRIBUTIONS PREDOMINANTLY MADE IN KIND AS FOOD CLOTHING AND SUPPLIES TO ASSIST POOR DETROIT CHILDREN WITH IMMEDIATE NEEDS RELATED TO HUNGER AND CLOTHING
FIRST UNITED METHODIST CHURCH OF BIRMINGHAM - HAITI RELIEF FUND
ROYAL OAK UMC HUNGER DRIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rex B Smith President | 5 | $0 | |
Susan Smith Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,535 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,756 |
| Capital Gain Net Income | $29,756 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $296 |
| Printing and publications | $0 |
| Other expenses | $56,354 |
| Total operating and administrative expenses | $56,875 |
| Contributions, gifts, grants paid | $52,945 |
| Total expenses and disbursements | $109,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,498 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $87,184 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $580 |
| Total liabilities | $580 |
Grants Awarded
Over the last fiscal year, Hand In Hand Foundation has awarded $52,945 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MISC NUMEROUS CHARITIES PURPOSE: CHILD NUTRITION | $15,186 |
MSU CMSD MUSIC THERAPY PURPOSE: STUDENT - MENTAL EMOTIONAL AND MENTAL HEALTH | $15,000 |
UNITED METHODIST - NOAH PROJECT PURPOSE: FOOD CLOTHING BASIC NEEDS FOR IMPOVERISHED PEOPLE IN DETROIT AND SURROUNDING NEIGHBORHOODS | $11,259 |
ROYAL OAK FIRST UMC PURPOSE: HUNGER DRIVE | $7,500 |
Birmingham, MI PURPOSE: HAITI RELIEF FUND | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Association Of Career Technical Superintendents Morrow, OH | $626,236 | $367,369 |
Ver-A-Fast By The Hand Foundation Inc Rocky River, OH | $2,066,226 | $669,501 |
Michigan Rheumatism Society East Lansing, MI | $847,415 | $184,478 |
Hand Family Foundation Inc Warsaw, IN | $1,882,952 | $171,353 |
Hand In Hand Foundation Royal Oak, MI | $87,184 | $37,291 |
Women Hand In Hand Inc Youngstown, OH | $12,661 | $0 |