The Helping Hand
- Assets
- $994.0k
- Revenue
- $410.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianola, IA
- Founding
- 07/1983
- Data as of
- 12/2023
- EIN
- 42-1187262
Organization Overview
The Helping Hand is located in Indianola, IA. The organization was established in 1983. 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. As of 12/2023, Helping Hand employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helping Hand 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 12/2023, Helping Hand generated $410.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $375.2k during the year ending 12/2023. While expenses have increased by 23.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE FOOD AND CLOTHING TO UNDER PRIVILEGED MEMBERS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A FOOD PANTRY TO PROVIDE FOOD TO PERSONS IN NEED
COORDINATE OPERATION CHRISTMAS TO DISTRIBUTE GIFT CARDS FOR FOOD & OTHER GOODS TO PERSONS IN NEED
OPERATE A CENTER FOR THE COLLECTION AND DISTRIBUTION OF CLOTHING AND OTHER DONATED ITEMS TO PERSONS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Martin Director | Trustee | 2 | $0 |
Brenda Thompson Secretary | OfficerTrustee | 5 | $0 |
Joanne Walton Director | Trustee | 2 | $0 |
Andrea Carlson Director | Trustee | 5 | $0 |
Megan Overton Director | Trustee | 5 | $0 |
Coleen Remick Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,977 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $316,555 |
| Noncash contributions included in lines 1a–1f | $168,766 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $340,532 |
| Total Program Service Revenue | $38,584 |
| Investment income | $11,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,029 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,378 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,726 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90 |
| Fees for services: Accounting | $8,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $690 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $28,756 |
| Insurance | $5,856 |
| All other expenses | $13,834 |
| Total functional expenses | $375,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,958 |
| Savings and temporary cash investments | $164,920 |
| 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 | $0 |
| Net Land, buildings, and equipment | $516,915 |
| Investments—publicly traded securities | $248,241 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $994,034 |
| Accounts payable and accrued expenses | $929 |
| 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 | $929 |
| 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 | $993,105 |
| Total liabilities and net assets/fund balances | $994,034 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
By The Hand Club For Kids Chicago, IL | $39,220,122 | $20,281,765 |
Operation Walk Chicago Buffalo Grove, IL | $1,210,209 | $738,029 |
The Helping Hand Indianola, IA | $994,034 | $410,378 |
Community Helping Hand Forest Lake, MN | $426,778 | $0 |
Rheumatology Alliance Of Lousiana Inc Schaumburg, IL | $990,230 | $257,892 |
Arkansas State Rheumatology Association Inc Schaumburg, IL | $242,253 | $0 |
Joint Neighborhood Ministry St Louis, MO | $7,883 | $0 |
Home Medical Equipment Services Joplin, MO | $0 | $0 |