Civic Intelligence

Able Hands Inc.

990 • Fiscal year 2022 • EIN 26-2048115

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

23 Elks TrailNew Castle, DE 19720-3856

(302) 397-7061

Siviq Scores

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

Liabilities / Assets

71st percentile

0.14x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.05x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

90th percentile

74%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

154%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$211,728

Up $89,956 (+74%) from 2021

Net Assets

Up

$181,728

Up $59,956 (+49%) from 2021

Liabilities

Up

$30,000

Up $30,000 from 2021

Revenue

Up

$554,594

Up $336,026 (+154%) from 2021

Expenses

Up

$464,638

Up $338,370 (+268%) from 2021

Net Income

Down

$89,956

Down $2,344 (-2.5%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $21,991Liabilities 2010: $0Net Assets 2010: $21,9912010Assets 2011: $22,491Liabilities 2011: $0Net Assets 2011: $22,4912011Assets 2020: $0Liabilities 2020: $0Net Assets 2020: -$51,3202020Assets 2021: $121,772Liabilities 2021: $0Net Assets 2021: $121,7722021Assets 2022: $211,728Liabilities 2022: $30,000Net Assets 2022: $181,7282022Assets 2023: $239,890Liabilities 2023: $11,136Net Assets 2023: $228,7542023Assets 2024: $162,720Liabilities 2024: $29,243Net Assets 2024: $133,4772024Assets 2025: $148,735Liabilities 2025: $25,498Net Assets 2025: $123,2372025

Highlighted filing

2022

Assets$211,728
Liabilities$30,000
Net Assets$181,728

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $2,9002010Expenses 2011: $5,5002011Expenses 2020: $51,3202020Revenue 2021: $218,568Expenses 2021: $126,268Net Income 2021: $92,3002021Revenue 2022: $554,594Expenses 2022: $464,638Net Income 2022: $89,9562022Revenue 2023: $693,452Expenses 2023: $673,018Net Income 2023: $20,4342023Revenue 2024: $941,864Expenses 2024: $769,315Net Income 2024: $172,5492024Revenue 2025: $800,568Expenses 2025: $810,808Net Income 2025: -$10,2402025

Highlighted filing

2022

Revenue$554,594
Expenses$464,638
Net Income$89,956
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$554,594
Mission and Program Overview

Mission

Provided lodging and care to indviduals with mental health limitations

organization formed to provide services to mentally challenged and handicapped individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,772$211,728▲ $89,956
Rtn Earn Endowment Incm Other Fnds$91,772$181,728▲ $89,956
Total Assets$121,772$211,728▲ $89,956
Liabilities
Accounts Payable and Accrued Expenses$30,000$30,000→ $0
Total Liabilities$30,000$30,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$91,772$181,728▲ $89,956
Total Liabilities and Net Assets / Fund Balance$121,772$211,728▲ $89,956
Compensation and Service Providers

Board Members and Trustees

NameTitle
Balkissou YoussifouExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$554,594
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$89,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$233,531
Other Expenses$231,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$214,360-$214,360
Occupancy$44,063--$44,063
All Other Expenses$5,991$34,181-$40,172
Payroll Taxes-$19,171-$19,171
Office Expenses-$19,101-$19,101
Insurance-$15,182-$15,182
Other Expenses$2,633$78,051-$2,633
Travel$500--$500
Total Functional Expenses$84,592$380,046$0$464,638
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Able Hands Inc
EIN
26-2048115
Phone
3023977061
Address
23 ELKS TRAIL, NEW CASTLE, DE 19720-3856

Signing Officer

Name
Balkissou Youssifou
Title
Principal
Phone
3023977061
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Balkissou Youssifou
Formed
2011
Legal Domicile
De
Voting Board Members
0
Independent Board Members
0
Employees
2
Volunteers
2

Preparer

Firm
Divine Financial Group
Address
622 E BASIN ROAD SUITE A, NEW CASTLE, DE 19720
Preparer
Augustine K Akiti
Phone
3023225515
Supplemental Narrative

Additional Explanations

Form 990 - Supplemental Information

TRANSPORTATION

Raw XML Appendix256 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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