Helping Partners INC

Burlington, NC · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2024
Revenue
$242K
▲ +756% vs prior year
Spent
$197K
To programs
96%
Net assets
$145K
By yearFY2020–FY2024
Revenue
$242K
FY2024▲ +756%
Revenue by fiscal year
FY2020$42K
FY2022$33K
FY2023$28K
FY2024$242K
Net assets
$145K
FY2024▲ +44%
Net assets by fiscal year
FY2020$71K
FY2022$103K
FY2023$101K
FY2024$145K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

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 FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Alamance Community Foundation
$125K in the latest grant year.
Spent on programs?
96% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +756% vs prior year
Legal name (IRS)Hdr · item CHelping Partners INC
EINHdr · item D56-1883829
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2006
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CBurlington, NC
NTEE classificationIRS BMFHuman Services (P60)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$189K
Management & general4%$8K
Total functional expensesLn 25$197K

Financial health

Program efficiency
96%
of spending reaches programs
Operating runway
9.4mo
months of highly liquid reserves at operating expense rate▼ -76% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +289% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$145K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$145K
Total assetsLn 16$145K
Total liabilitiesLn 26$0
Total net assetsLn 32$145K
Months of cash on handcomputed8.8

Statement of Revenue

Part VIII
Contributions & grants100%$242K
Investment income$27
Total revenueLn 12$242K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $145K · Operating expenses (Pt IX) $197K · Less non-cash grants $11K · Cash operating expenses/yr $186K
9.4 months
Where the money goes
Program services
Program services $189K · Total expenses $197K
96%
Management & General
Management & general $8K · Total expenses $197K
4%
Fundraising
Fundraising $0 · Total expenses $197K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $242K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $242K · Total revenue $242K
100%
Government reliance
Government grants — · Total revenue $242K
—
Earned-income share
Program service revenue $0 · Total revenue $242K
0%
Investment reliance
Investment income $27 · Total revenue $242K
+0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $197K
0%
Growth & trend
Revenue growth (YoY)
This year $242K · Prior year $28K
+756%
Revenue CAGR
FY2020 $42K · FY2024 $242K
+55%
Net-asset trend (YoY)
End of year $145K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $242K · Expenses $197K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $145K
—
Net-asset ratio
Net assets $145K · Total assets $145K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $145K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rodney Greene · Reported title CHAIR · Highest reported compensation $0 · Total expenses $197K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $197K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%——
Overhead ratio 4%——
Fundraising cost ratio 0%——
Revenue growth 756%——
Accounting fee ratio 4%——

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
$0Pt VII · Sec A
Secretary (as of 10/24)
$0Pt VII · Sec A
Secretary (thru 8/24)
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Helping Partners INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
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

Provides financial and material aid to struggling families and organizations helping those in need.

Provided by the organization

This section is blank until Helping Partners INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $189K of program spending, described in the organization's own filed words · FY2024.
01

Helping partners was originally formed to assist glen raven associates who experience financial hardship and that remains our core mission. However, over the last several years, it has broadened its scope to include assistance to the communities within alamance county.

$189Kprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$125K
Grants paid · 7 grants · $113K · 2024–2024
Unitemized GrantFY2024$98,700
Unitemized GrantFY2024$3,200
Unitemized GrantFY2024$3,024
Unitemized GrantFY2024$2,530
Unitemized GrantFY2024$2,486
Unitemized GrantFY2024$2,164
Unitemized GrantFY2024$1,000

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $242K$197K+756% 990 PDF
FY2023 $28K—-16% 990 PDF
FY2022 $33K—-21% 990 PDF
FY2021 Not on file
FY2020 $42K— 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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