Generous Hands INC FY2024 filing

Vicksburg, MI · Public charity (501(c)(3)) · Food & Agriculture

✓ Tax-deductible
Revenue
$254K
+5% vs prior year
Spent
$166K
To programs
82%
Net assets
$706K
By yearFY2021–FY2025
Revenue
$254K
FY2024▲ +5%
Revenue by fiscal year
FY2021$197K
FY2022$174K
FY2023$242K
FY2024$254K
FY2025$290K
Expenses
$166K
FY2024▼ -14%
Expenses by fiscal year
FY2021$113K
FY2022$145K
FY2023$194K
FY2024$166K
FY2025$172K
Net assets
$706K
FY2024▲ +21%
Net assets by fiscal year
FY2021$512K
FY2022$513K
FY2023$583K
FY2024$706K
FY2025$858K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CGenerous Hands INC
EINHdr · item D20-1887278
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2005
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CVicksburg, MI
NTEE classificationIRS BMFFood & Agriculture (K31)
WebsiteHdr · item Jwww.generoushands.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.16 Fundraising $0.01
Program services82%$137K
Management & general16%$27K
Fundraising1%$2K
Total functional expensesLn 25$166K

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs
Operating runway
39.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$784K
FY2024▲ +31%
Total assets by fiscal year
FY2021$513K
FY2022$523K
FY2023$599K
FY2024$784K
FY2025$868K
Total liabilities
$78K
FY2024▲ +409%
Total liabilities by fiscal year
FY2021$1K
FY2022$10K
FY2023$15K
FY2024$78K
FY2025$11K
Revenue less expensesPt I · Ln 19$88K
Total assetsPt X · Ln 16$784K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$242K
Total assetsLn 16$784K
Total liabilitiesLn 26$78K
Total net assetsLn 32$706K
Months of cash on handcomputed17.5

Statement of Revenue

Part VIII
Contributions & grants$244K · 96%
Investment income$8K · 3%
Other revenue$2K · 1%
Contributions & grants96%$244K
Investment income3%$8K
Other revenue1%$2K
Total revenueLn 12$254K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $542K · Operating expenses (Pt IX) $166K · Less non-cash grants $2K · Cash operating expenses/yr $164K
39.6 months
Where the money goes
Program services
Program services $137K · Total expenses $166K
82%
Management & General
Management & general $27K · Total expenses $166K
16%
Fundraising
Fundraising $2K · Total expenses $166K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $219K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $244K · Total revenue $254K
96%
Government reliance
Government grants — · Total revenue $254K
—
Earned-income share
Program service revenue $0 · Total revenue $254K
0%
Investment reliance
Investment income $8K · Total revenue $254K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $166K
0%
Growth & trend
Revenue growth (YoY)
This year $254K · Prior year $242K
+5%
Net-asset trend (YoY)
End of year $706K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $254K · Expenses $166K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $784K
—
Net-asset ratio
Net assets $706K · Total assets $784K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $300K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $784K
38%
People & payroll
Highest Reported Total Compensation
Individual Jan Modderman-Hui · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $166K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $36K · Total expenses $166K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 16%——
Fundraising cost ratio 1%——
Revenue growth 5%——
Legal fee ratio 0.1%——
Accounting fee ratio 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Assistant Tr
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Generous Hands INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Feeds hungry children.

Provided by the organization

This section is blank until Generous Hands INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $137K of program spending, described in the organization's own filed words · FY2023.
01

Weekly provided approximately 346 students from 154 families with nutritious food for consumption during the weekend for the 2023-2024 school year and approximately 288 students from 114 families during the summer months. Provided school supplies at the start of the 2023-2024 school year to 269 students.

$137Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $82K · 2024–2024
Unitemized GrantFY2024$82,098

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $290K$172K+14% 990 PDF
FY2024 Viewing $254K$166K+5% 990 PDF
FY2023 $242K$194K+39% 990 PDF
FY2022 $174K$145K-12% 990 PDF
FY2021 $197K$113K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Generous Hands INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.