OILFIELD HELPING HANDS INC

EIN: 364680363 501(c)(3) Human Services

HOUSTON, TX

Total Revenue
$1,001,366
Total Expenses
$606,373
Total Assets
$1,656,689
Net Assets
$1,645,677
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
MONA ANSLEY
Phone
2819882239
Tax Period
2023-01-01 to 2023-12-31

OILFIELD HELPING HANDS INC, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 39% operating margin.

Mission

OILFIELD HELPING HANDS IS A NON-PROFIT CHARITABLE ORGANIZATION COMPRISED OF VOLUNTEERS DEVOTED TO PROVIDING FINANCIAL ASSISTANCE TO OILFIELD WORKERS IN FINANCIAL CRISIS.

Program Service Accomplishments

Program 1
Expenses: $482,325

IN 2023, OILFIELD HELPING HANDS (OHH) PROVIDED FINANCIAL ASSISTANCE TO 34 FAMILIES. THESE FUNDS ALLOWED FAMILIES IN FINANCIAL CRISIS SITUATIONS, THROUGH NO FAULT OF THEIR OWN, TO ACHIEVE SOME...

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IN 2023, OILFIELD HELPING HANDS (OHH) PROVIDED FINANCIAL ASSISTANCE TO 34 FAMILIES. THESE FUNDS ALLOWED FAMILIES IN FINANCIAL CRISIS SITUATIONS, THROUGH NO FAULT OF THEIR OWN, TO ACHIEVE SOME FINANCIAL RELIEF. SOME OF THESE FAMILIES USED THE FINANCIAL ASSISTANCE TO PAY FOR EXPENSES SUCH AS FUNERAL EXPENSES, MEDICAL BILLS, MORTGAGE PAYMENTS, AND OTHER EMERGENCY EXPENSES. IN THE LAST 10 YEARS, OILFIELD HELPING HANDS (OHH) HAS FINANCIALLY ASSISTED OVER 835 FAMILIES WITH $5.20 MILLION DOLLARS IN FINANCIAL RELIEF.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $596,407
Program Service Revenue $0
Investment Income $3,764
Other Revenue $401,195
TOTAL REVENUE $1,001,366

Expense Breakdown

Grants Paid $275,000
Salaries & Benefits $86,792
Fundraising Expenses $48,538
Program Expenses $482,325
Other Expenses $244,581
TOTAL EXPENSES $606,373

Year-over-Year Comparison

2023 2022 Change
Revenue $1,001,366 $810,581 +0.2%
Expenses $606,373 $555,452 +0.1%
Net Income $394,993 $255,129 +0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$14,040
Total Directors
10
$14,040
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONA ANSLEY SECRETARY/TREASURER 10.00
Officer Director
$14,040 $0 $14,040
RICH ORR BOARD MEMBER 10.00
Director
$0 $0 $0
GEORGE HANST BOARD MEMBER 10.00
Director
$0 $0 $0
GENE PATE CHAIRMAN OF THE BOARD 10.00
Officer Director
$0 $0 $0
MARC LEBLANC VICE PRESIDENT/BOARD 10.00
Officer Director
$0 $0 $0
REX KORSLIEN BOARD MEMBER 10.00
Director
$0 $0 $0
CHRIS MILLER BOARD MEMBER 10.00
Director
$0 $0 $0
BRENT EVANS BOARD MEMBER 10.00
Director
$0 $0 $0
BRAD SUGAREK BOARD MEMBER 10.00
Director
$0 $0 $0
KATIE MIKESKA BOARD MEMBER 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,001,366 $606,373 $1,656,689 $394,993
2022 $810,581 $555,452 $1,256,010 $255,129
2021 $716,269 $478,002 $1,003,704 $238,267
2020 $721,500 $610,531 $774,327 $110,969
2019 $734,482 $642,195 $649,926 $92,287
2018 $676,136 $730,928 $560,369 $-54,792
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