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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating430 of 110457 of 122
Fund acquisition rating559 of 110552 of 122
Resource allocation rating190 of 110545 of 122
Asset utilization rating699 of 110474 of 122

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%5%3%5%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%5%3%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%98%100%100%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%6%5%6%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%2%0%0%1%0%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%87%89%90%88%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%83%78%56%84%88%
Program output ratio Program output ratio =
Program services /
Total revenue
75%72%69%50%74%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%17%22%44%16%12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%15%22%63%46%43%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%6%5%5%6%5%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.840.720.790.702.352.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.742.032.613.231.051.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.721.472.052.252.463.20
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0736.1160.012.4049.4617.89
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.020.420.020.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.277.965.753.114.773.54
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%1%13%2%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%137%126%125%42%33%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$1,738,210$1,203,253$823,806$920,162$484,262
Receivables, inventories, prepaids$336,229$161,241$158,592$63,980$34,107
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,074,439$1,364,494$982,398$984,142$518,369
Long-term investments$0$0$0$0$0
Fixed assets$2,138,879$2,190,565$2,185,310$37,628$42,803
Other long-term assets$0$1,750$5,250$8,750$12,250
Total long-term assets$2,138,879$2,192,315$2,190,560$46,378$55,053
Total assets$4,213,318$3,556,809$3,172,958$1,030,520$573,422
 
Liabilities20232022202120202019
Payables and accrued expenses$57,447$22,738$292,836$19,898$28,980
Other current liabilities$0$0$115,746$0$0
Total current liabilities$57,447$22,738$408,582$19,898$28,980
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$57,447$22,738$408,582$19,898$28,980
 
Net assets20232022202120202019
Without donor restrictions$3,870,371$3,421,271$2,764,376$950,622$524,442
With donor restrictions$285,500$112,800$0$60,000$20,000
Net assets$4,155,871$3,534,071$2,764,376$1,010,622$544,442
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,582,621$3,559,779$3,956,286$2,874,794$1,899,469
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$14,115($2,946)$7,783$11,489$8,553
Other revenue$64,445$10,623$3,500$5,233($14,126)
Total other revenue$78,560$7,677$11,283$16,722($5,573)
Total revenue$3,661,181$3,567,456$3,967,569$2,891,516$1,893,896
 
Expenses20232022202120202019
Program services$2,633,492$2,478,790$1,987,569$2,133,906$1,486,865
Management and general$197,256$149,830$107,699$147,737$86,255
Fundraising$208,633$169,141$118,547$143,693$85,355
Total expenses$3,039,381$2,797,761$2,213,815$2,425,336$1,658,475
 
Change in net assets20232022202120202019
Surplus (deficit)$621,800$769,695$1,753,754$466,180$235,421
Other changes in net assets$0$0$0$0$0
Total change in net assets$621,800$769,695$1,753,754$466,180$235,421

Compensation

NameTitleCompensation
Cheri HonderdExecutive Di$84,037

Compensation data as of: 6/30/2023


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