Hands Together Inc
- Assets
- $1.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Chicopee, MA
- Founding
- 08/1989
- Data as of
- 06/2023
- EIN
- 23-2566502
Organization Overview
Hands Together Inc is located in Chicopee, MA. The organization was established in 1989. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, Hands Together Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hands Together Inc 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 06/2023, Hands Together Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVOTED TO EDUCATING, INSPIRING, AND ENCOURAGING PEOPLE TO UNDERSTAND THE IMPORTANCE OF RESPONDING TO THE NEEDS OF THE POOR AND DISADVANTAGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT FUNDRAISING RELIEF AND DEVELOPMENT PROJECTS AND DIRECT ASSISTANCE TO SCHOOLS, ORPHANAGES, AND HOSPITALS.
DOMESTIC SCHOLARSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Campbell Exec Director | Officer | 0 | $191,173 |
Mary Mather Nally Trustee | Trustee | 5 | $0 |
James Kidder Trustee | Trustee | 5 | $0 |
Peter Kovac Trustee | Trustee | 5 | $0 |
Christopher Connolly Trustee | Trustee | 5 | $0 |
Holly Caruso Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,140,579 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,140,579 |
| Total Program Service Revenue | $0 |
| Investment income | $19,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,792 |
| Net Income from Fundraising Events | $396,534 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,554,904 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $191,173 |
| Compensation of current officers, directors, key employees. | $162,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,779 |
| Pension plan accruals and contributions | $10,219 |
| Other employee benefits | $34,253 |
| Payroll taxes | $26,146 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,816 |
| Office expenses | $8,969 |
| Information technology | $4,527 |
| Royalties | $0 |
| Occupancy | $36,240 |
| Travel | $72,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,350 |
| Insurance | $6,223 |
| All other expenses | $17,040 |
| Total functional expenses | $3,478,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,482 |
| Savings and temporary cash investments | $183,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,300 |
| Net Land, buildings, and equipment | $93,710 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,281,614 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,849,611 |
| Accounts payable and accrued expenses | $20,248 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,248 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,829,363 |
| Total liabilities and net assets/fund balances | $1,849,611 |