VALVOLINE INSTANT OIL CHANGE HANDS… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Kyle McMahon

Phone

8593577279

Tax Period

2022-01-01 to 2022-12-31

VALVOLINE INSTANT OIL CHANGE HANDS ON ASSISTANCE FUND INC, founded in 2015, is a small nonprofit in the Employment sector that reported $134K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 53% operating deficit.

Mission

The Hands on Assistance (HOA) Fund is an employee assistance fund that issues grants to help individuals facing financial hardship.

Program Service Accomplishments

Program 1

Expenses: $204,687 Revenue: $0

The Hands on Assistance (HOA) Fund granted 81 grants to help individuals facing financial hardship.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $133,918

Program Service Revenue $0

Investment Income $226

Other Revenue $0

TOTAL REVENUE $134,144

Expense Breakdown

Grants Paid $204,662

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,687

Other Expenses $25

TOTAL EXPENSES $204,687

Year-over-Year Comparison

	2022	2021	Change
Revenue	$134,144	$222,832	-0.4%
Expenses	$204,687	$135,054	+0.5%
Net Income	$-70,543	$87,778	-1.8%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kyle McMahon	President	5	Officer	$0	$0	$0
Adam C Worsham	Vice President	5	Officer	$0	$0	$0
Austina J Wilson	Treasurer	5	Officer	$0	$0	$0
Jonathan Bickett	Secretary	5	Officer	$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
2022	$134,144	$204,687	$115,317	$-70,543
2021	$222,832	$135,054	$185,860	$87,778

VALVOLINE INSTANT OIL CHANGE HANDS ON ASSISTANCE FUND INC