2023-05-15T11:34:22-05:00 2022-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2022-01-01 453984559 LORI'S HANDS INC LORI 3024405454 100 DISCOVERY BLVD NEWARK DE 19713 ELIZABETH J BONOMO TREASURER 3024405454 2023-05-12 1 ELIZABETH BONOMO 999009999 0 JONATHAN D MOLL CPA P01053700 3022250600 2023-05-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELIZABETH J BONOMO 100 DISCOVERY BLVD NEWARK DE 19713 449430 0 X LORISHANDS.ORG X 2011 DE LORI'S HANDS BUILDS MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN COMMUNITY MEMBERS WITH CHRONIC ILLNESS AND COLLEGE STUDENTS, FOSTERING EMPATHY, CONNECTION, AND RESILIENCE. STUDENTS PROVIDE PRACTICE ASSISTANCE TO SUPPORT COMMUNITY MEMBERS' INDEPENDENCE AT HOME, AND COMMUNITY MEMBERS SHARE THEIR HEALTH AND LIFE EXPERIENCES TO SUPPORT STUDENTS' LEARNING. 8 8 8 436 0 0 361429 443766 0 0 24 94 8721 2140 370174 446000 0 13550 0 0 196294 268964 0 0 31917 71776 52177 268070 334691 102104 111309 430704 543035 1436 1896 429268 541139 X LORI'S HANDS BUILDS MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN COMMUNITY MEMBERS WITH CHRONIC ILLNESS AND COLLEGE STUDENTS, FOSTERING EMPATHY, CONNECTION, AND RESILIENCE. STUDENTS PROVIDE PRACTICE ASSISTANCE TO SUPPORT COMMUNITY MEMBERS' INDEPENDENCE AT HOME, AND COMMUNITY MEMBERS SHARE THEIR HEALTH AND LIFE EXPERIENCES TO SUPPORT STUDENTS' LEARNING. 0 0 252631 13550 IN 2022, LORI'S HANDS REMAINED FOCUSED ON FOSTERING IMPACTFUL, INTERGENERATIONAL PARTNERSHIPS TO IMPROVE THE WELLBEING OF PEOPLE WITH CHRONIC ILLNESS AND TO ENHANCE THE DEVELOPMENT OF STUDENTS PREPARING FOR CAREERS IN AND OUTSIDE OF HEALTHCARE. NOTABLY, WE LAUNCHED OUR THIRD CHAPTER IN METRO DETROIT, MI. SINCE THIS TIME, WE HAVE ENGAGED THREE NEW UNIVERSITY PARTNERS AND DEVELOPED REFERRAL PARTNERSHIPS WITH MORE THAN 25 COMMUNITY ORGANIZATIONS THROUGHOUT THE METRO DETROIT REGION. WE ALSO PREPARED FOR A LEARNING COHORT TO EQUIP OTHERS THROUGHOUT THE STATE TO IMPLEMENT INTERGENERATIONAL SERVICE LEARNING PROGRAMS IN THEIR LOCAL COMMUNITIES. ACROSS OUR THREE CHAPTERS, WE ENGAGED 450 STUDENTS TO DELIVER CONSISTENT SUPPORT TO MORE THAN 230 COMMUNITY MEMBERS LIVING WITH CHRONIC ILLNESS. WE CONTINUED TO EXPAND OUR STUDENT TRAINING OFFERINGS WITH THE ADDITION OF NEW ASYNCHRONOUS TRAININGS AND SYNCHRONOUS PROFESSIONAL DEVELOPMENT OPPORTUNITIES. WE ALSO LAUNCHED AN ALUMNI COMMITTEE TO FOCUS ON ALUMNI ENGAGEMENT. 252631 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MD MI X X X ELIZABETH J BONOMO 8655665228 2821 GUILFORD AVE BALTIMORE MD 21218 SARAH LAFAVE PRESIDENT 5.00 X X 0 0 0 ELIZABETH BONOMO TREASURER 2.00 X X 0 0 0 ALEXA RIVADENEIRA SECRETARY 2.00 X X 0 0 0 PATRICK GRAY BOARD MEMBER 2.00 X 0 0 0 MICHAEL SMITH BOARD MEMBER 2.00 X 0 0 0 ASHLEY ANYU BOARD MEMBER 2.00 X 0 0 0 KEITH CHAN BOARD MEMBER 2.00 X 0 0 0 CHRISTINE GILMORE BOARD MEMBER 2.00 X 0 0 0 MAGGIE RATNAYAKE EXECUTIVE DIRECTOR 40.00 X 90000 0 3600 90000 0 3600 0 0 0 0 0 1561 192857 249348 443766 94 94 5570 1561 3430 2140 2140 446000 0 0 2234 13550 13550 93600 65520 14040 14040 146840 126681 7985 12174 3353 3048 91 214 4647 3181 1035 431 20524 17145 1539 1840 11847 11847 8456 6250 2206 107 81 26 5981 4235 687 1059 3724 2071 1145 508 1695 1695 658 658 8910 8910 OTHER PROGRAM EXPENSES 5800 5800 STAFF DEVELOPMENT 2836 1211 1625 VOLUNTEER TRAINING AND 2163 2163 334691 252631 50143 31917 395076 518573 31350 20246 1976 843 1791 1133 2487 3083 430704 543035 1436 1896 1436 1896 X 429268 541139 429268 541139 430704 543035 111309 562 0 X X 1 X 0 1 0 X 72979 162696 227332 361429 443766 1268202 72979 162696 227332 361429 443766 1268202 367439 900763 470 24 94 588 14583 7570 8721 2140 33014 1301804 0.69190 0.72070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1976 843 1133 1133 X PART X, LINE 2: LORI'S HANDS, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ENTITY HAS BEEN CLASSIFIED AS ONE THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). ALTHOUGH THE ENTITY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, THE ENTITY IS REQUIRED TO ADHERE TO ASC 740, ACCOUNTING FOR INCOME TAXES, WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT. ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHERE INTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATION, THAT BASED ON TAX POSITIONS TAKEN, THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. 1 SCHOLARSHIP ASSISTANCE 18 13550 PART I, LINE 2: THE ORGANIZATION'S GRANT SUPPORT IS LIMITED TO SCHOLARSHIP ASSISTANCE TO STUDENTS. THE ORGANIZATION VERIFIES SCHOLARSHIP ASSISTANCE IS PROVIDED TO STUDENTS ENROLLED IN COLLEGE COURSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD MEMBERS AND MANAGEMENT EVALUATE RELATIONSHIPS ON AN ONGOING BASIS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS APPROVES COMPENSATION FOR OFFICERS AND TOP MANAGEMENT EMPLOYEES. THE APPROVAL IS BASED ON THE RESULTS OF ANNUAL EMPLOYEE PERFORMANCE REVIEWS AND TAKES INTO CONSIDERATION COMPARATIVE MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE FINANCIAL REPORTING OVERSIGHT PROCESS.