Hand2hand 
The information on this page was last updated 3/22/2023. 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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 389 of 1077 | 45 of 142 |
| Fund acquisition rating | | 270 of 1078 | 29 of 142 |
| Resource allocation rating | | 229 of 1078 | 40 of 142 |
| Asset utilization rating | | 874 of 1077 | 110 of 142 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 3% | 5% | 4% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 3% | 5% | 5% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 99% | 100% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 5% | 6% | 5% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 1% | 0% | 7% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 90% | 88% | 90% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 87% | 56% | 84% | 88% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 50% | 74% | 79% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 13% | 44% | 16% | 12% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 18% | 63% | 46% | 43% | 32% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 5% | 6% | 5% | 7% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.87 | 0.70 | 2.35 | 2.89 | 3.60 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.60 | 3.23 | 1.05 | 1.11 | 1.19 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.64 | 2.25 | 2.46 | 3.20 | 4.30 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.18 | 2.40 | 49.46 | 17.89 | 11.28 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.42 | 0.02 | 0.06 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.75 | 3.11 | 4.77 | 3.54 | 2.55 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 13% | 2% | 5% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 89% | 125% | 42% | 33% | 26% |
Financials
| Balance sheet | ||||
| Assets | 2021 | 2020 | 2019 | 2018 |
| Cash | $823,806 | $920,162 | $484,262 | $278,808 |
| Receivables, inventories, prepaids | $158,592 | $63,980 | $34,107 | $1,000 |
| Short-term investments | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 |
| Total current assets | $982,398 | $984,142 | $518,369 | $279,808 |
| Long-term investments | $0 | $0 | $0 | $0 |
| Fixed assets | $2,185,310 | $37,628 | $42,803 | $38,265 |
| Other long-term assets | $5,250 | $8,750 | $12,250 | $15,750 |
| Total long-term assets | $2,190,560 | $46,378 | $55,053 | $54,015 |
| Total assets | $3,172,958 | $1,030,520 | $573,422 | $333,823 |
| Liabilities | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $292,836 | $19,898 | $28,980 | $24,802 |
| Other current liabilities | $115,746 | $0 | $0 | $0 |
| Total current liabilities | $408,582 | $19,898 | $28,980 | $24,802 |
| Debt | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 |
| Total liabilities | $408,582 | $19,898 | $28,980 | $24,802 |
| Net assets | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $2,764,376 | $950,622 | $524,442 | $296,521 |
| With donor restrictions | $0 | $60,000 | $20,000 | $12,500 |
| Net assets | $2,764,376 | $1,010,622 | $544,442 | $309,021 |
| Revenues and expenses | ||||
| Revenue | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,956,286 | $2,874,794 | $1,899,469 | $1,209,892 |
| Program service revenue | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 |
| Investment income | $7,783 | $11,489 | $8,553 | $1,592 |
| Other revenue | $3,500 | $5,233 | ($14,126) | $90,422 |
| Total other revenue | $11,283 | $16,722 | ($5,573) | $92,014 |
| Total revenue | $3,967,569 | $2,891,516 | $1,893,896 | $1,301,906 |
| Expenses | 2021 | 2020 | 2019 | 2018 |
| Program services | $1,987,569 | $2,133,906 | $1,486,865 | $1,070,059 |
| Management and general | $107,699 | $147,737 | $86,255 | $83,944 |
| Fundraising | $118,547 | $143,693 | $85,355 | $48,071 |
| Total expenses | $2,213,815 | $2,425,336 | $1,658,475 | $1,202,074 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,753,754 | $466,180 | $235,421 | $99,832 |
| Other changes in net assets | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,753,754 | $466,180 | $235,421 | $99,832 |
Compensation
| Name | Title | Compensation |
| Cheri Honderd | Executive Di | $60,615 |
Compensation data as of: 6/30/2020
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 3/22/2023. 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