Aarons Hands Inc
Nonprofit profile at a glance
- EIN
- 873667181
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wisconsin Rapids, WI, USA
- Phone
- 7154212030
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $149,644
- Expenses
- $149,082
- Assets
- $12,775
- Liabilities
- $1,005
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Michael J Anderson (President)
- Tommy Woltman (Vice President)
People named in this filing
- Michael J Anderson (President)
- Tommy Woltman (Vice President)
- Debra Jane Carolfi (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Dime and Dollar Thrift Store may accept donations of cash and other items of personal or real property which may be sold and the proceeds thereof used for the education and charitable purposes of Northland Lutheran High School and other charitable organizations of the Wisconsin Evangelical Lutheran Synod or the Evangelical Lutheran Synod.
What it reported doing in 2024
Operation of a thrift store to help support other charitable organizations of WELS or the ELS. June recipient was Good Shepherd Lutheran School located at 10611 State Hwy 13 in Wisconsin Rapids, WI. Funds were earmarked for school related needs.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.4%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.1% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -5.5% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 99.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $149K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.