Harvest Hands Community Development Corporation
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$3,867,570.00
Projected Expenses
$3,866,344.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| harvest hands community development corporation irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $1,955,640.00 | $1,609,157.00 | |
| Total Expenses | $2,086,231.00 | $1,373,239.00 | |
| Revenue Less Expenses | ($-0.00) | ($130,591.00) | $235,918.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $181,742.00 | $240,082.00 | |
| Contributions, Gifts, and Grants | $575,029.00 | $562,239.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $982,735.00 | $618,337.00 | |
| Investment Income, Net of Losses | $2,524.00 | $2,254.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $150,896.00 | $74,425.00 | |
| Revenue In-Kind | $60,000.00 | $53,134.00 | |
| Other | $2,714.00 | $27,050.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,712,175.00 | $1,110,283.00 | |
| Administration Expense | $299,862.00 | $181,570.00 | |
| Fundraising Expense | $74,194.00 | $81,386.00 | |
| Total Revenue/Total Expenses | 94% | 117% | |
| Program Expense/Total Expenses | 82% | 81% | |
| Fundraising Expense/Contributed Revenue | 4% | 6% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $982,735.00 | Program Revenue $618,337.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $575,029.00 | Contributions, Gifts, Grants $562,239.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Government Grants $181,742.00 | Government Grants $240,082.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,311,213.00 | $4,493,489.00 | |
| Current Assets | $1,174,818.00 | $1,446,383.00 | |
| Long-Term Liabilities | $639,762.00 | $708,885.00 | |
| Current Liabilities | $44,503.00 | $27,065.00 | |
| Total Net Assets | $3,626,948.00 | $3,757,539.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990. 990 was prepared by Blankenship CPA Group, PLLC. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 1/30/24. |
