Hand by Hand Community Development Inc AKA HBHCD
Nonprofit profile at a glance
- EIN
- 392653425
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cambridge, MA, USA
- Phone
- 6175288646
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $216
- Expenses
- $206
- Assets
- $10
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Karen Gillespie (President, Clerk, & Executive Artistic Director)
People named in this filing
- Karen Gillespie (President, Clerk, & Executive Artistic Director)
- Dan Yonah Marshall (Board Chair & Assistant Clerk)
- Mark Orent (Board Member & Treasurer)
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
Hand by Hand Community Development (HBHCD) helps create sustainable housing that builds safe and stable communities. Employing equitable and clear guidelines, our goal is to support the renovation and creation of houses for homeowners who, due to unfortunate circumstances, find themselves in dire financial need with the prospect of living in unsustainable conditions or at risk of their homes becoming uninhabitable. Our non-profit utilizes grassroots fundraising, seeks grants and in-kind support, sells arts and crafts, and produces cultural community events to accomplish its goals. The organization was founded in the spirit of kindness and generosity of Elizabeth Hand who, during her life, gave everything she had to help others.
What it reported doing in 2024
$206 Food & Beverages for our 3/12 & 3/28/2025 1st & 2nd board meetings, in which we created the organization's mission, elected its founding officers, created the initial non-profit strategy, created the bylaws, and discussed the next steps leading to the successful incorporation on 4/26/2025, the receipt of an EIN on 6/12/2025, and the creation of our organizational bank account on 6/12/2025.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 42
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- 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: 4.6%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $206 in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Sustainability: Operating margin scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.