Helping Hand
Organization Summary
Helping Hand is a food bank serving Johnson County, Washington. The program’s focus is to identify and utilize resources for food in the county in order to eliminate hunger among low-income individuals and families in the area.
The program performs the following:
- Solicits and distributes food to community programs.
- Operates a youth farm program for “at-risk” young people.
2.1 Start-up Summary
Helping Hand’s start-up cost is $200,000. A significant portion of the cost is donated trucks and collection vehicles for food, as well as a storage facility. The remainder are the expenses normally associated with opening an office. The program is funded by contributions from ten corporate sponsors, a grant from a private philanthropic trust, and Johnson County. The assumptions are shown in the following table and chart.

Start-up Funding | |
Start-up Expenses to Fund | $124,000 |
Start-up Assets to Fund | $76,000 |
Total Funding Required | $200,000 |
Assets | |
Non-cash Assets from Start-up | $7,000 |
Cash Requirements from Start-up | $69,000 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $69,000 |
Total Assets | $76,000 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $0 |
Long-term Liabilities | $0 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $0 |
Capital | |
Planned Investment | |
Corporate Sponsorship | $100,000 |
Philanthropic Trust | $50,000 |
Jefferson County | $50,000 |
Additional Investment Requirement | $0 |
Total Planned Investment | $200,000 |
Loss at Start-up (Start-up Expenses) | ($124,000) |
Total Capital | $76,000 |
Total Capital and Liabilities | $76,000 |
Total Funding | $200,000 |
Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $700 |
Stationery etc. | $500 |
Brochures | $800 |
Food Collection Supplies | $10,000 |
Insurance | $1,000 |
Rent | $1,000 |
Trucks and Vehicles | $50,000 |
Warehouse Equipment | $40,000 |
Harvesting/Farm Equipment | $20,000 |
Total Start-up Expenses | $124,000 |
Start-up Assets | |
Cash Required | $69,000 |
Start-up Inventory | $0 |
Other Current Assets | $0 |
Long-term Assets | $7,000 |
Total Assets | $76,000 |
Total Requirements | $200,000 |
2.2 Legal Entity
Helping Hand is a Washington nonprofit corporation.