Valvoline Instant Oil Change Hands On Assistance Fund Inc
- Assets
- $185.9k
- Revenue
- $222.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-5169550
Organization Overview
Valvoline Instant Oil Change Hands On Assistance Fund Inc is located in Lexington, KY. The organization was established in 2015. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valvoline Instant Oil Change Hands On Assistance Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Valvoline Instant Oil Change Hands On Assistance Fund Inc generated $222.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $135.1k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HANDS ON ASSISTANCE (HOA) FUND IS AN EMPLOYEE ASSISTANCE FUND THAT ISSUES GRANTS TO HELP INDIVIDUALS FACING FINANCIAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HANDS ON ASSISTANCE (HOA) FUND GRANTED 95 GRANTS TO HELP INDIVIDUALS FACING FINANCIAL HARDSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam C Worsham Vice President | Officer | 5 | $0 |
Matthew L Furcolo President | Officer | 5 | $0 |
Austina J Wilson Treasurer | Officer | 5 | $0 |
Anthony J Cieri Assistant Secretary | Officer | 5 | $0 |
Jonathan Bickett Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,571 |
| Total Program Service Revenue | $0 |
| Investment income | $261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $135,004 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $50 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $135,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $185,860 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $185,860 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $185,860 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $185,860 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valvoline Instant Oil Change Hands On Assistance Fund Inc has recieved totaling $174,572.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $174,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gw Business Solutions Llc Newark, OH | $2,442,927 | $6,203,519 |
Fight Back Fund Countryside, IL | $1,699,024 | $500,914 |
The Nacs Foundation Alexandria, VA | $200,987 | $1,469,046 |
Construction Industry Laborers Training Fund Belton, MO | $4,251,514 | $1,321,876 |
Goodwill Foundation Of Northeast Ohio And Northwest Pennsylvania Ashtabula, OH | $172,969 | $55,154 |
Springfield Workshop Foundation Inc Springfield, MO | $7,918,551 | $983,958 |
Local 166 Building Corporation Fort Wayne, IN | $5,104,452 | $661,138 |
Employee Ownership Expansion Network Arlington, VA | $702,382 | $618,974 |
International Brotherhood Of Boilermakers Local No 83 Kansas City, MO | $272,445 | $455,671 |
Valvoline Instant Oil Change Hands On Assistance Fund Inc Lexington, KY | $185,860 | $222,832 |
Make People Better Foundation Lincolnwood, IL | $49,686 | $0 |
Mothers Need Work Temp Service Chicago, IL | $41,918 | $44,622 |