IRS 990 Nonprofit Profile

Youth Making A Difference

Form 990, part i, line 19 revenue less expenses hands4hope is committed to financial transparency and responsible stewardship of donor funds. while our 2024 year-end financials reflect a 70,000 budget deficit, it's important to note that 19,000 of this was planned for as a spend down of previously received grant funds. the remaining deficit, representing only 6% of our total operating budget, was primarily due to inflationary increases in operating expenses, an unexpected redirection of donor funds, and lower-than-expected ticket sales for two major fundraisers. this deficit has been offset by a positive fund balance from the previous two years. we have already taken proactive steps to address this temporary challenge, including a thorough review of our operating expenses, engaging a fundraising consultant to enhance our fundraising efforts, and pursuing increased grant income. we remain focused on building a sustainable financial future for hands4hope, with a goal to increase our operating reserve and build an endowment to provide reliable long-term support for our vital programs.

Filing year

2024

Total revenue

$708K

Total expenses

$779K

Program expenses

$606K

Administration

$88K

Fundraising

$85K

Program share of expenses

78%

EIN

262548690

Location

El Dorado Hills, CA

HTTPS://WWW.HANDS4HOPEYOUTH.ORG/