Monroe County Helping Hands Center Inc

Nonprofit profile at a glance

EIN
421324798
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Albia, IA, USA
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$77,122
Expenses
$81,692
Assets
$95,775

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LOREN PENCE (PRESIDENT)
  • ALLYSON HABERMAN (VICE PRESIDENT)

People named in this filing

  • LOREN PENCE (PRESIDENT)
  • ALLYSON HABERMAN (VICE PRESIDENT)
  • STEVE WYNN (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

Providing food and clothing for those in need

What it reported doing in 2024

People donate good used clothing that is then sold to people. The pricing is set as low as possible and is helps cover part of the overhead expenses

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 24
  • Transparency & Controls: 100
  • Sustainability: 32
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.7%; rating input score 25
  • Program expense ratio: 23%; rating input score 23

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: -5.9%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 21.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -22.8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 24.7% of revenue deployed · 23% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 25/100.
  • High — Financial Efficiency: Program expense ratio scored 23/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.