Hand2Hand

The information on this page was last updated 8/22/2023. If you see errors or omissions, please email: [email protected]


Summary

Hand2Hand provides food for kids facing weekend hunger in West Michigan.


Contact information

Mailing address:
Hand2Hand
306 Chicago Dr.
Jenison, MI 49428

Website: h2hkids.org

Phone: 616.209.2779

Email: [email protected]


Organization details

EIN: 272973348

CEO/President: Cheri Honderd

Chairman: Drew Nielsen

Board size: 14

Founder: Cheri Honderd

Ruling year: 2011

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2021


Purpose

Hand2Hand partners with local churches and schools to provide a backpack filled with supplemental food that bridges the gap of weekend hunger. Food sent home consists of breakfast, lunch, snacks and dinner items, often sent home with a recipe card included. The program nourishes more than physical needs. It provides consistency, love, and demonstrates to all within a home that people do care. And ultimately, that God cares.


Mission statement

Hand2Hand delivers nutritious food to students over the weekends and on extended school breaks by mobilizing churches, schools, individuals, and businesses to join together, providing hope and opportunity to thrive.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating267 of 109643 of 142
Fund acquisition rating354 of 109844 of 142
Resource allocation rating189 of 109836 of 142
Asset utilization rating631 of 109679 of 142

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%5%3%5%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%3%5%5%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%100%100%99%100%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%5%6%5%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%0%0%1%0%7%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%90%88%90%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%78%56%84%88%92%
Program output ratio Program output ratio =
Program services /
Total revenue
74%69%50%74%79%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%22%44%16%12%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%22%63%46%43%32%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%5%6%5%7%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.870.790.702.352.893.60
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.672.613.231.051.111.19
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.552.052.252.463.204.30
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.0360.012.4049.4617.8911.28
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.020.420.020.060.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.965.753.114.773.542.55
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%1%13%2%5%7%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
105%126%125%42%33%26%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,203,253$823,806$920,162$484,262$278,808
Receivables, inventories, prepaids$161,241$158,592$63,980$34,107$1,000
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,364,494$982,398$984,142$518,369$279,808
Long-term investments$0$0$0$0$0
Fixed assets$2,190,565$2,185,310$37,628$42,803$38,265
Other long-term assets$1,750$5,250$8,750$12,250$15,750
Total long-term assets$2,192,315$2,190,560$46,378$55,053$54,015
Total assets$3,556,809$3,172,958$1,030,520$573,422$333,823
 
Liabilities20222021202020192018
Payables and accrued expenses$22,738$292,836$19,898$28,980$24,802
Other current liabilities$0$115,746$0$0$0
Total current liabilities$22,738$408,582$19,898$28,980$24,802
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$22,738$408,582$19,898$28,980$24,802
 
Net assets20222021202020192018
Without donor restrictions$3,421,271$2,764,376$950,622$524,442$296,521
With donor restrictions$112,800$0$60,000$20,000$12,500
Net assets$3,534,071$2,764,376$1,010,622$544,442$309,021
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,559,779$3,956,286$2,874,794$1,899,469$1,209,892
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($2,946)$7,783$11,489$8,553$1,592
Other revenue$10,623$3,500$5,233($14,126)$90,422
Total other revenue$7,677$11,283$16,722($5,573)$92,014
Total revenue$3,567,456$3,967,569$2,891,516$1,893,896$1,301,906
 
Expenses20222021202020192018
Program services$2,478,790$1,987,569$2,133,906$1,486,865$1,070,059
Management and general$149,830$107,699$147,737$86,255$83,944
Fundraising$169,141$118,547$143,693$85,355$48,071
Total expenses$2,797,761$2,213,815$2,425,336$1,658,475$1,202,074
 
Change in net assets20222021202020192018
Surplus (deficit)$769,695$1,753,754$466,180$235,421$99,832
Other changes in net assets$0$0$0$0$0
Total change in net assets$769,695$1,753,754$466,180$235,421$99,832

Compensation

NameTitleCompensation
Cheri HonderdExecutive Di$79,500

Compensation data as of: 6/30/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/22/2023. To update the information below, please email: [email protected]


History

For a timeline, visit: https://h2hkids.org/founders-story/


Program accomplishments

10,0008 Children

268 Schools

144 Churches


Needs