Lou's Helping Hand Foundation
Nonprofit profile at a glance
- EIN
- 823676844
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Staten Island, NY, USA
- Phone
- 7189663121
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $8,107
- Expenses
- $25,341
- Assets
- $35,675
- Liabilities
- $12,343
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JULIANA PALAZZOLO-PELLICANE (PRESIDENT)
People named in this filing
- JULIANA PALAZZOLO-PELLICANE (PRESIDENT)
- PETER TESORIERO (VICE PRESIDE)
- CHRISTINA CASOLINO (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
Our mission is to serve the underprivileged staten island families in our community. We are committed to keeping the kids and teens off the street by offering programs and events in sports and arts. We provide opportunities to which the less fortunate would not easily have access. We organize collections for nonperishable food, pet food, and basic necessities (jackets, blankets, clothes, and toiletries) to distribute for the homeless at the ferry and people in our community that are in need.
What it reported doing in 2024
To help keep teenagers off the streets by offering programming and events for teens in the community.
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 72% for direct work, and 28% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.9%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -212.6%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 32% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 52.7% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 57.9% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $21K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Operating margin scored 4/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.