Civic Intelligence

Blessing Hands Inc.

990 • Fiscal year 2021 • EIN 20-4794276

Aug 01, 2020 to Jul 31, 2021 • Filed on Nov 14, 2021

106 Timber LaneMorehead, KY 40351

(606) 207-4785

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-120%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-49%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$114,050

Down $122,909 (-52%) from 2020

Net Assets

Down

$113,734

Down $122,907 (-52%) from 2020

Liabilities

Down

$316

Down $2 (-0.6%) from 2020

Revenue

Down

$110,103

Down $105,649 (-49%) from 2020

Expenses

Up

$242,200

Up $89,980 (+59%) from 2020

Net Income

Down

-$132,097

Down $195,629 (-308%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $40,949Liabilities 2010: $0Net Assets 2010: $40,9492010Assets 2011: $34,542Liabilities 2011: $0Net Assets 2011: $34,5422011Assets 2012: $37,080Liabilities 2012: $0Net Assets 2012: $37,0802012Assets 2013: $49,349Liabilities 2013: $0Net Assets 2013: $49,3492013Assets 2014: $41,022Liabilities 2014: $0Net Assets 2014: $41,0222014Assets 2015: $45,173Liabilities 2015: $0Net Assets 2015: $45,1732015Assets 2016: $51,810Liabilities 2016: $0Net Assets 2016: $51,8102016Assets 2017: $103,113Liabilities 2017: $0Net Assets 2017: $103,1132017Assets 2018: $147,175Liabilities 2018: $0Net Assets 2018: $147,1752018Assets 2019: $173,109Liabilities 2019: $0Net Assets 2019: $173,1092019Assets 2020: $236,959Liabilities 2020: $318Net Assets 2020: $236,6412020Assets 2021: $114,050Liabilities 2021: $316Net Assets 2021: $113,7342021Assets 2022: $62,759Liabilities 2022: $13,162Net Assets 2022: $49,5972022Assets 2023: $99,786Liabilities 2023: $26,762Net Assets 2023: $73,0242023Assets 2024: $178,763Liabilities 2024: $83,716Net Assets 2024: $95,0472024Assets 2025: $241,368Liabilities 2025: $6,524Net Assets 2025: $234,8442025

Highlighted filing

2021

Assets$114,050
Liabilities$316
Net Assets$113,734

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $93,427Expenses 2010: $76,289Net Income 2010: $17,1382010Revenue 2011: $78,867Expenses 2011: $85,310Net Income 2011: -$6,4432011Revenue 2012: $82,824Expenses 2012: $80,286Net Income 2012: $2,5382012Revenue 2013: $100,540Expenses 2013: $100,147Net Income 2013: $3932013Revenue 2014: $121,450Expenses 2014: $129,777Net Income 2014: -$8,3272014Revenue 2015: $131,590Expenses 2015: $125,212Net Income 2015: $6,3782015Revenue 2016: $130,850Expenses 2016: $120,720Net Income 2016: $10,1302016Revenue 2017: $184,690Expenses 2017: $135,761Net Income 2017: $48,9292017Revenue 2018: $220,208Expenses 2018: $176,146Net Income 2018: $44,0622018Revenue 2019: $222,414Expenses 2019: $196,480Net Income 2019: $25,9342019Revenue 2020: $215,752Expenses 2020: $152,220Net Income 2020: $63,5322020Revenue 2021: $110,103Expenses 2021: $242,200Net Income 2021: -$132,0972021Revenue 2022: $177,354Expenses 2022: $241,491Net Income 2022: -$64,1372022Revenue 2023: $204,096Expenses 2023: $180,669Net Income 2023: $23,4272023Revenue 2024: $213,536Expenses 2024: $165,327Net Income 2024: $48,2092024Revenue 2025: $288,863Expenses 2025: $243,573Net Income 2025: $45,2902025

Highlighted filing

2021

Revenue$110,103
Expenses$242,200
Net Income-$132,097
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Nov 14, 2021
Return Version
2020v4.0
Gross Receipts
$110,103
Mission and Program Overview

Mission

Blessing hands serves poor rural and minority areas of south east asia providing support to schools and school children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$217,803$92,746▼ $125,057
Investments in Publicly Traded Securities$15,944$17,998▲ $2,054
Savings and Temporary Cash Investments$3,212$3,306▲ $94
Total Assets$236,959$114,050▼ $122,909
Liabilities
Other Liabilities$318$316▼ $2
Total Liabilities$318$316▼ $2
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$233,428$113,734▼ $119,694
Net Assets With Donor Restrictions$3,213--
Total Net Assets Fund Balance$236,641$113,734▼ $122,907
Total Liabilities and Net Assets / Fund Balance$236,959$114,050▼ $122,909

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$132,510$29,778▲ $17,457-$179,252
2019$98,166$38,028▼ $3,198-$132,510
2018$74,504$24,180▲ $2,046-$98,166
2017$62,777$7,500▲ $4,563-$74,504
2016$49,348$6,500▲ $7,188-$62,777
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric ZhangVice President
Betty CuttsExecutive Director
Doris WellsTrustee
Jill K HillTrustee
Johnathan GayTrustee
Joshuah BarkerTrustee
Malan CaiTrustee
Kayla MitchellSecretary
Xiaomin Mai OneyTresurer
Revenue and Support

Revenue Composition

Contributions and Grants
$109,915
Program Service Revenue
$0
Investment Income
$188
Other Revenue
$0
All Other Contributions
$109,915
Change in Net Assets
$-132,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$201,876
Salaries, Compensation, and Employee Benefits$32,397
Other Expenses$7,927
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$201,876--$201,876
Other Salaries and Wages$5,337$23,336-$28,673
Other Employee Benefits-$2,347-$2,347
Fees for Services Accounting-$2,301-$2,301
Office Expenses-$1,870-$1,870
Payroll Taxes-$1,377-$1,377
Travel-$1,213-$1,213
Advertising-$1,000-$1,000
Other Expenses-$207-$207
Fees for Services Other-$69-$69
Total Functional Expenses$207,213$34,987$0$242,200
International Activity

International Summary

Offices
1
Employees
5
Spending
$207,213

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesSponsorships & Scholarship15$207,213
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$316
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Proposed 990 was distributed to board members during board meeting and

Part VI Line 11B

ratified at that meeting.

Part VI Line 18

www.guidestar.org

Part VI Line 19

We uploaded these documents to guidestar.org. We have a platinum rating

Part VI Line 19

there for disclosure.

Filing and Contact Details

Filer

Filer Name
Blessing Hands Inc
EIN
20-4794276
In Care Of
% Betty Cutts
Phone
6062074785
Address
106 Timber Lane, Morehead, KY 40351

Signing Officer

Name
Betty Cutts
Title
Founder CEO
Phone
6062074785
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betty Cutts
Formed
2006
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
75

Preparer

Firm
Boized Books & Accounting LLC
Address
935 N Linder Rd Ste 115, Kuna, ID 83634
Preparer
Bryan D Anderson
Phone
2089174208
Supplemental Narrative

Financial Statement Notes

P5, Ln 4

Endowment Funds will be used as needed to support the organization's

P5, Ln 4

program service mission.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0493
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0132510
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt029778
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0179252
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt017457
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0486
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt098166
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt038028
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0132510
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0366
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt074504
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt024180
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt098166
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02046
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0336
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt062777
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt074504
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04563
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0259
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt049348
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt06500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt062777
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07188
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0316
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Taxes Payable
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment Funds will be used as needed to support the organization's
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1program service mission.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1P5, Ln 4
IRS990ScheduleD/TotalLiabilityAmt0316
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0207213
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Sponsorships & Scholarship
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt08272
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Wire
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0East Asia and the Pacific
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Scholarships
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0189960
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Wire
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0School Sponsorships
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0East Asia and the Pacific
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt05
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0207213
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Use of funds sent out of country are monitored by staff in that country and
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1visits by Executive Director Betty Cutts. Pictures and individual grant
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2recipients are recorded and stored on the organizations website.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt3See Part V
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0P1, Ln 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1P1, Ln 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2P1, Ln 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt05
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0207213
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Proposed 990 was distributed to board members during board meeting and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ratified at that meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2www.guidestar.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3We uploaded these documents to guidestar.org. We have a platinum rating
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4there for disclosure.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0236959
IRS990/TotalAssetsEOYAmt0114050
IRS990/TotalAssetsGrp/BOYAmt0236959
IRS990/TotalAssetsGrp/EOYAmt0114050
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0109915
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034987
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0207213
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0318
IRS990/TotalLiabilitiesEOYAmt0316
IRS990/TotalLiabilitiesGrp/BOYAmt0318
IRS990/TotalLiabilitiesGrp/EOYAmt0316
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0236641
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0113734
IRS990/TotalProgramServiceExpensesAmt0207213
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0188
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0110103
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0236959
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0114050
IRS990/TravelGrp/ManagementAndGeneralAmt01213
IRS990/TravelGrp/TotalAmt01213
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0106 Timber Lane
IRS990/USAddress/CityNm0Morehead
IRS990/USAddress/StateAbbreviationCd0KY

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.41$0.07$2.35$2.89$2.44$0.45
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.84$0.95$2.14$1.65$0.48
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.27$0.73$2.04$1.81$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.13$0.50$1.77$2.41$0.64
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$1.10$2.42$1.32
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$2.16$1.52$0.64
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$2.22$1.96$0.26
2018Summary only. Only limited summary data is available for this year.$1.47$0.00$1.47$2.20$1.76$0.44
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.85$1.36$0.49
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.31$1.21$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$1.32$1.25$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$1.21$1.30$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$1.01$1.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.83$0.80$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.00$0.35$0.79$0.85$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.93$0.76$0.17