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Nonprofit · EIN 81-3520119

HANDS OF LOVE FOUNDATION INC

Tax-exempt · POTOMAC, MD 20854

Financials

$82K$83K2023
Revenue Expenses · by fiscal year end
Financials of HANDS OF LOVE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$81,960$83,091-$1,131$4,641–$4,641
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$142,914
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$60,954

Expenses

Grants and similar amounts paid
$65,000
Compensation of officers, directors and key employees
$0
Other expenses
$18,091
Program services (functional)
$65,000

Balance sheet and other

Total assets, start of year
$5,772
Total assets, end of year
$4,641
Total liabilities, end of year
–
Net assets, end of year
$4,641
Cash, savings and investments
$4,641
Gross receipts
$151,985

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
HERSHELE BANKSPRESIDENT3$0
SANDRA DAVIDSONSECRETARY3$0
DOREEN BASSTREASURER3$0
JENNIFER BANKSVICE PRESIDENT3$0
TRACY DUBINVICE PRESIDENT3$0

Address and contacts

Address (IRS master file)
9872 AVENEL FARM DR, POTOMAC, MD 20854-5409
Mailing address (990-N for 2025)
9872 AVENEL FARM DR, POTOMAC MD 20854
Principal officer (990-N for 2025)
SANDRA DAVIDSON, 9872 AVENEL FARM DR, POTOMAC MD 20854
Signed the 990-EZ
SANDRA DAVIDSON, SECRETARY
Phone
(240) 426-8702
Return prepared by
PINCUS & GOLDBERG CPA'S

Mission

SEE SCHEDULE O

990-EZ for the year ended December 31, 2023

Program accomplishments

  • CONDUCTING EVENTS AND ACTIVITIES, RAISING MONEY ANDDONATING TO OTHER EXEMPT ORGANIZATIONS
    Expenses $65,000 · grants $65,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-3520119
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: SANDRA DAVIDSON
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: SANDRA DAVIDSON
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$81,960$83,091$4,641XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Joan Hayman
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: JOAN HAYMAN
December 31, 2020≤ $50,000 receipts––e-Postcard
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3520119).

Questions about HANDS OF LOVE FOUNDATION INC

What is the EIN of HANDS OF LOVE FOUNDATION INC?
The employer identification number (EIN) of HANDS OF LOVE FOUNDATION INC is 81-3520119.
Is HANDS OF LOVE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to HANDS OF LOVE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HANDS OF LOVE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HANDS OF LOVE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HANDS OF LOVE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of HANDS OF LOVE FOUNDATION INC?
The 990-N for 2025 names SANDRA DAVIDSON.
Who are the officers and directors of HANDS OF LOVE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does HANDS OF LOVE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $81,960, expenses of $83,091 and total assets of $4,641 at year end.

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