Hogars Helping Hands Inc
Nonprofit profile at a glance
- EIN
- 833420413
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Oregon, WI, USA
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $136,745
- Expenses
- $124,455
- Assets
- $37,525
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Scott R Odden (Director and Officer)
- Carrie L Odden (Director and Officer)
- Timothy K Haas (Director)
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
To provide humanitarian assistance to Hogar Miguel Magone an orphanage in Aguacate Guatemala to help break the cycle of poverty in their community. We do this by providing monetary donations; supplies programs labor and most importantly love.
What it reported doing in 2024
The organization uses a group of volunteers and travels to Guatemala once a year to aid in various projects at the Hogar Miguel Magone orphanage and in the surrounding village of Aguacate Guatemala. This includes assisting in the construction of a trade school near the orphanage. This project will benefit the entire village by providing local youth with accessible high-quality vocational training right within their community. The organization also provides a Vacation Bible School for the children at the orphanage and in the village.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.
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: 93
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.9%; rating input score 90
- Program expense ratio: 98.8%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 40.8% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 39.1% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 39.2% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 89.9% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $123K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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 — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Sustainability: Operating margin scored 56/100.