Civic Intelligence

Hands of Love Foundation Inc.

EIN 81-3520119 • 501(c)3 • Potomac, MD

Pub. 78 Eligible990-N Coverage

Profile

Corporation organized exclusively for charitable, educational and scientific purposes.

9872 Avenel Farm DrPotomac, MD 20854

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

42nd percentile

-1.4%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

32nd percentile

-20%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

45%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$4,641

Down $1,131 (-20%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$4,641

Down $1,131 (-20%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin42nd percentile

Revenue

Up

$81,960

Up $25,471 (+45%) from 2022

Expenses

Up

$83,091

Up $31,359 (+61%) from 2022

Net Income

Down

-$1,131

Down $5,888 (-124%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0Assets 2016: $5,755Liabilities 2016: $02016Assets 2017: $5,094Liabilities 2017: $0Net Assets 2017: $5,0942017Assets 2018: $2,297Liabilities 2018: $0Net Assets 2018: $2,2972018Assets 2019: $6,067Liabilities 2019: $0Net Assets 2019: $6,0672019Assets 2022: $5,772Liabilities 2022: $0Net Assets 2022: $5,7722022Assets 2023: $4,641Liabilities 2023: $0Net Assets 2023: $4,6412023

Highlighted filing

2023

Assets$4,641
Liabilities$0
Net Assets$4,641
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2016: $56,624Expenses 2016: $50,869Net Income 2016: $5,7552016Revenue 2017: $48,255Expenses 2017: $48,916Net Income 2017: -$6612017Revenue 2018: $61,036Expenses 2018: $63,833Net Income 2018: -$2,7972018Revenue 2019: $59,892Expenses 2019: $56,122Net Income 2019: $3,7702019Revenue 2022: $56,489Expenses 2022: $51,732Net Income 2022: $4,7572022Revenue 2023: $81,960Expenses 2023: $83,091Net Income 2023: -$1,1312023

Highlighted filing

2023

Revenue$81,960
Expenses$83,091
Net Income-$1,131
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,641
Liabilities
$0
Net assets
$4,641
Revenue
$81,960
Expenses
$83,091
Net income
-$1,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$82.0$83.1$1.13
2022Detailed filing. Detailed filing data is available for this year.$5.77$0.00$5.77$56.5$51.7$4.76
2019Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$59.9$56.1$3.77
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$61.0$63.8$2.80
2017Detailed filing. Detailed filing data is available for this year.$5.09$0.00$5.09$48.3$48.9$0.66
2016Summary only. Only limited summary data is available for this year.$5.76$0.00$56.6$50.9$5.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$151,985
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
CONDUCTING EVENTS AND ACTIVITIES, RAISING MONEY ANDDONATING TO OTHER EXEMPT ORGANIZATIONS$65,000$65,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HERSHELE BANKSPresident-$0--
SANDRA DAVIDSONSecretary-$0--
DOREEN BASSTreasurer-$0--
JENNIFER BANKSVice President-$0--
TRACY DUBINVice President-$0--
Filing and Contact Details

Filer

Filer Name
The Hands of Love Foundation Inc
EIN
81-3520119
Phone
2404268702
Address
9872 AVENEL FARM DR, POTOMAC, MD 20854

Signing Officer

Name
Sandra Davidson
Title
Secretary
Phone
2404268702
Signed
2024-05-08

Preparer

Firm
PINCUS & GOLDBERG CPA'S
Address
50 W MONTGOMERY AVE SUITE 330, ROCKVILLE, MD 20850
Preparer
Joel Goldberg CPA Cfp
Phone
3016057388
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Conducting events and activities,fundraising and donating to other organizations; donations; hope for henry foundation: 2440 wisconsin ave 201, washington, dc, 20007; recipient, 65000.”

Form 990EZ, Part I, Line 16

“DATA SEARCH 1003.”

Form 990EZ, Part I, Line 16

“ACCOUNTING 500.”

Form 990EZ, Part I, Line 16

“PRINTING 380.”

Form 990EZ, Part I, Line 16

“LIGHTS AND MIRRORS 430.”

Form 990EZ, Part I, Line 16

“BALLOONS 995.”

Form 990EZ, Part I, Line 16

“ANNUAL REPORT 50.”

Form 990EZ, Part I, Line 16

“S&J PRINTING 254.”

Form 990EZ, Part I, Line 16

“Woodmont country club 13045.”

Form 990EZ, Part I, Line 16

“ZETTLE FEE 1434.”

Raw XML Appendix185 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.

Path#Value
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IRS990EZ/AddressChangeInd0X
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IRS990EZ/BooksInCareOfDetail/PhoneNum03016057388
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt050 W MONTGOMERY AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020850
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05772
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04641
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0142914
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1131
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05772
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04641
IRS990EZ/FundraisingGrossIncomeAmt09071
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt065000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0151985
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05772
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04641
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05772
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04641
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HERSHELE BANKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SANDRA DAVIDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DOREEN BASS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER BANKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TRACY DUBIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018091
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDUCTING EVENTS AND ACTIVITIES, RAISING MONEY ANDDONATING TO OTHER EXEMPT ORGANIZATIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt065000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt065000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt070025
IRS990EZ/SpecialEventsNetIncomeLossAmt0-60954
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083091
IRS990EZ/TotalProgramServiceExpensesAmt065000
IRS990EZ/TotalRevenueAmt081960
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0142914
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0145125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0152807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0440846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt014520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt034768
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0475614
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0151985
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0156302
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0167327
IRS990ScheduleA/Total509Grp/TotalAmt0475614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0475614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONDUCTING EVENTS AND ACTIVITIES,FUNDRAISING AND DONATING TO OTHER ORGANIZATIONS; DONATIONS; HOPE FOR HENRY FOUNDATION: 2440 WISCONSIN AVE 201, WASHINGTON, DC, 20007; RECIPIENT, 65000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DATA SEARCH 1003.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTING 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRINTING 380.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LIGHTS AND MIRRORS 430.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BALLOONS 995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANNUAL REPORT 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7S&J PRINTING 254.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8WOODMONT COUNTRY CLUB 13045.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ZETTLE FEE 1434.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDRA DAVIDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02404268702
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE HANDS OF LOVE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HAND
ReturnHeader/Filer/EIN0813520119
ReturnHeader/Filer/PhoneNum02404268702
ReturnHeader/Filer/USAddress/AddressLine1Txt09872 AVENEL FARM DR
ReturnHeader/Filer/USAddress/CityNm0POTOMAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020854
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521450824
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PINCUS & GOLDBERG CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 W MONTGOMERY AVE SUITE 330
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020850
ReturnHeader/PreparerPersonGrp/PhoneNum03016057388
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL GOLDBERG CPA CFP
ReturnHeader/ReturnTs02024-05-15T10:16:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SANDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVIDSON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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