Helping Partners Inc
Nonprofit profile at a glance
- EIN
- 561883829
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2014
- Location
- Burlington, NC, USA
- Phone
- 3362276211
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
Reported finances
- Revenue
- $241,576
- Expenses
- $197,035
- Assets
- $145,280
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- RODNEY GREENE (CHAIR)
- KIMBERLY KRONBERGS (SECRETARY (AS OF 10/24))
- ALISON LOPEZ (SECRETARY (THRU 8/24))
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide assistance in the form of money, clothing, household goods, food, and other types of assistance to either (i) selected families experiencing economic struggles or unexpected tragedy or illnesses or (ii) to organizations which assist families or individuals in need.
What it reported doing in 2024
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. We work primarily with the alamance-burlington school system (abss) social workers and provide assistance to families in need who have children in the school system. Assistance takes the form of paying utility bills, assisting with rent/mortgage payments to prevent eviction, contributing to funeral expenses and burial lots, payment of medical insurance premiums to avoid interruption in coverage, house fire victims, flood victims, and providing food and clothing. Our largest projects each year are christmas cheer and a school supplies drive. The school supplies go directly to alamance citizens for education's (ace) classroom closet and alamance chamber of commerce. The annual christmas cheer fundraiser "adopts" families in need with young children, usually about 30 children in total, and asks glen raven associates to donate toys that are on the children's wish lists. Helping partners donates gift cards to help the parents with food or other necessities during the holidays. The items are delivered to the local christmas cheer office for pickup.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 87
- Accountability: 6
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.3%; rating input score 78
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.3%; rating input score 96; 56th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 18.4%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 22.2% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 15.3% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 78.3% of revenue deployed · 96.1% of spending went to programs
- Governance: 0 of 11 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $189K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.