Charitable Hands Foundation Ltd FY2019 filing

Bethany, CT · Unknown exempt organization

✕ IRS exemption revoked Latest data FY2019
Revenue
$87K
Spent
$20K
To programs
49%
Net assets
$62K
IRS revoked this organization's tax-exempt status on May 15, 2024
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2020) →

Form 990 for the fiscal year ending December 2019 (IRS tax year 2019).

Status and standing

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2024-05-15)
On the IRS revocation list.
Filing up to date?
No filing since FY2020 — 6 yrs
Foundation funders?
Not on file
Spent on programs?
49% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
Legal name (IRS)Hdr · item CCharitable Hands Foundation Ltd
EINHdr · item D26-2629433
Exempt statusHdr · item IRevoked
Latest filingForm 990FY2020 · Form 990
Principal addressHdr · item CBethany, CT
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.51
Program services49%$10K
Management & general51%$10K
Total functional expensesLn 25$20K

Financial health

Revenue & expenses by yearFY2019–FY2020
Revenue
$87K
FY2019
Surplus margin
+76%
revenue over expenses, this year
Program spending
49%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Revenue less expensesPt I · Ln 19$66K
Total assetsPt X · Ln 16$75K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$75K
Total liabilitiesLn 26$13K
Total net assetsLn 32$62K
Months of cash on handcomputed43.8

Statement of Revenue

Part VIII
Other revenue$86K · 99%
Contributions & grants$500 · 1%
Other revenue99%$86K
Contributions & grants1%$500
Total revenueLn 12$87K

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $75K · Operating expenses/yr $20K
43.8 months
Where the money goes
Program services
Program services $10K · Total expenses $20K
49%
Management & General
Management & general $10K · Total expenses $20K
51%
Fundraising
Fundraising $0 · Total expenses $20K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $500
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $500 · Total revenue $87K
0.6%
Government reliance
Government grants — · Total revenue $87K
—
Earned-income share
Program service revenue $0 · Total revenue $87K
0%
Investment reliance
Investment income $0 · Total revenue $87K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $20K
0%
Growth & trend
Revenue growth (YoY)
This year $87K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $62K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $87K · Expenses $20K
+76%
Liabilities-to-Assets
Total liabilities — · Total assets $75K
—
Net-asset ratio
Net assets $62K · Total assets $75K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $75K
0%
People & payroll
Highest Reported Total Compensation
Individual Steve Cooper · Reported title Executive Dir. · Highest reported compensation $0 · Total expenses $20K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $20K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 49%——
Overhead ratio 51%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Charitable Hands Foundation Ltd executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Helps charities raise money for children with special needs.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $10K of program spending, described in the organization's own filed words · FY2019.
01

The organization raises money to support children's charities.

$10Kprogram expense

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Filing history

YearRevenueExpensesChangeFiling
FY2020 Latest $9K—-90% 990 PDF
FY2019 Viewing $87K$20K 990 PDF

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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.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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