Civic Intelligence

Hands Across Change Healthcare Inc

EIN 27-2795516 • 501(c)3 • Nashville, TN

Profile

Accumulation and disbursement of funds for charitable purposes to the employees of change healthcare, inc. And its subsidiaries, and such employees' immediate family. This charitable purpose shall be accomplished by disbursement of funds to employees of change healthcare and their families for food, shelter, clothing, health, and other humane needs; and, to organizations benefiting similar individuals, and for other similar charitable programs or services that benefit a significant segment of the community.

1655 Murfreesboro Pike Suite DNashville, TN 37217
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

82nd percentile

34%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

345%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$84,436

Up $21,619 (+34%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$87,436

Up $24,619 (+39%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin90th percentile

Revenue

Up

$45,900

Up $35,595 (+345%) from 2022

Expenses

Up

$21,281

Up $9,976 (+88%) from 2022

Net Income

Up

$24,619

Up $25,619 (+2562%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2021: $63,817Liabilities 2021: $0Net Assets 2021: $63,8172021Assets 2022: $62,817Liabilities 2022: $0Net Assets 2022: $62,8172022Assets 2023: $84,436Liabilities 2023: $0Net Assets 2023: $87,4362023

Highlighted filing

2023

Assets$84,436
Liabilities$0
Net Assets$87,436
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2021: $69,913Expenses 2021: $25,784Net Income 2021: $44,1292021Revenue 2022: $10,305Expenses 2022: $11,305Net Income 2022: -$1,0002022Revenue 2023: $45,900Expenses 2023: $21,281Net Income 2023: $24,6192023

Highlighted filing

2023

Revenue$45,900
Expenses$21,281
Net Income$24,619
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,436
Liabilities
$0
Net assets
$87,436
Revenue
$45,900
Expenses
$21,281
Net income
$24,619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$84.4$0.00$87.4$45.9$21.3$24.6
2022Detailed filing. Detailed filing data is available for this year.$62.8$0.00$62.8$10.3$11.3$1.00
2021Detailed filing. Detailed filing data is available for this year.$63.8$0.00$63.8$69.9$25.8$44.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Sep 11, 2023
Return Version
2022v5.0
Gross Receipts
$45,900
Mission and Program Overview

Mission

Accumulation and disbursement of funds for charitable purposes to the employees of change healthcare, inc. And its subsidiaries, and such employees' immediate family. This charitable purpose shall be accomplished by disbursement of funds to employees of change healthcare and their families for food, shelter, clothing, health, and other humane needs; and, to organizations benefiting similar individuals, and for other similar charitable programs or services that benefit a significant segment of the community.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$24,280$24,280
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BILLIE VAUGHNPresident/Director (From 12/15/22)-$0--
ZACH BEASLEYDirector/Secretary-$0--
APRIL POSEYDirector (From 12/15/22)-$0--
PETER GILLTreasurer (From 12/15/22)-$0--
HEATHER LANGAssistant Secretary (From 12/15/22)-$0--
TIMOTHY LANGDONAssistant Secretary (From 12/15/22)-$0--
COURTNEY MATTSONAssistant Treasurer (From 12/15/22)-$0--
PAUL RUNICEAssistant Treasurer (From 12/15/22)-$0--
JOHN KELLYVice President/Tax Services (From 12/15/22)-$0--
Filing and Contact Details

Filer

Filer Name
Hands Across Change Healthcare Inc
EIN
27-2795516
Phone
6159323000
Address
1655 Murfreesboro Pike Suite D, Nashville, TN 37217

Signing Officer

Name
Zack Beasley
Title
Secretary
Signed
2023-09-11
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
100 N TRYON ST, CHARLOTTE, NC 28202
Preparer
Christopher B Boggs
Phone
7043726300
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

“Accumulation and disbursement of funds for charitable purposes to the employees of change healthcare, inc. And its subsidiaries, and such employees' immediate family. This charitable purpose shall be accomplished by disbursement of funds to employees of change healthcare and their families for food, shelter, clothing, health, and other humane needs; and, to organizations benefiting similar individuals, and for other similar charitable programs or services that benefit a significant segment of the community.”

Form 990-EZ, Part III, Line 28, Description PROGRAM SERVICE ACCOMPLISHMENT 1

“The opportunity to help improve the general health and welfare of the employees and their immediate family members by providing short-term financial assistance during a time of need caused by extended illness, injury, natural disaster, fire, flood or other special situation beyond the control of the individual.”

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8VICE PRESIDENT/TAX SERVICES (FROM 12/15/22)
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IRS990EZ/PrimaryExemptPurposeTxt0ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES TO THE EMPLOYEES OF CHANGE HEALTHCARE, INC. AND ITS SUBSIDIARIES, AND SUCH EMPLOYEES' IMMEDIATE FAMILY. THIS CHARITABLE PURPOSE SHALL BE ACCOMPLISHED BY DISBURSEMENT OF FUNDS TO EMPLOYEES OF CHANGE HEALTHCARE AND THEIR FAMILIES FOR FOOD, SHELTER, CLOTHING, HEALTH, AND OTHER HUMANE NEEDS; AND, TO ORGANIZATIONS BENEFITING SIMILAR INDIVIDUALS, AND FOR OTHER SIMILAR CHARITABLE PROGRAMS OR SERVICES THAT BENEFIT A SIGNIFICANT SEGMENT OF THE COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES TO THE EMPLOYEES OF CHANGE HEALTHCARE, INC. AND ITS SUBSIDIARIES, AND SUCH EMPLOYEES' IMMEDIATE FAMILY. THIS CHARITABLE PURPOSE SHALL BE ACCOMPLISHED BY DISBURSEMENT OF FUNDS TO EMPLOYEES OF CHANGE HEALTHCARE AND THEIR FAMILIES FOR FOOD, SHELTER, CLOTHING, HEALTH, AND OTHER HUMANE NEEDS; AND, TO ORGANIZATIONS BENEFITING SIMILAR INDIVIDUALS, AND FOR OTHER SIMILAR CHARITABLE PROGRAMS OR SERVICES THAT BENEFIT A SIGNIFICANT SEGMENT OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OPPORTUNITY TO HELP IMPROVE THE GENERAL HEALTH AND WELFARE OF THE EMPLOYEES AND THEIR IMMEDIATE FAMILY MEMBERS BY PROVIDING SHORT-TERM FINANCIAL ASSISTANCE DURING A TIME OF NEED CAUSED BY EXTENDED ILLNESS, INJURY, NATURAL DISASTER, FIRE, FLOOD OR OTHER SPECIAL SITUATION BEYOND THE CONTROL OF THE INDIVIDUAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part III, Line 28, Description PROGRAM SERVICE ACCOMPLISHMENT 1
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Zack Beasley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hands Across Change Healthcare Inc
ReturnHeader/Filer/BusinessNameControlTxt0HAND
ReturnHeader/Filer/EIN0272795516
ReturnHeader/Filer/PhoneNum06159323000
ReturnHeader/Filer/USAddress/AddressLine1Txt01655 Murfreesboro Pike Suite D
ReturnHeader/Filer/USAddress/CityNm0Nashville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037217
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 N TRYON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028202
ReturnHeader/PreparerPersonGrp/PhoneNum07043726300
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher B Boggs
ReturnHeader/ReturnTs02023-09-11T22:00:15+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ZACK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BEASLEY
ReturnHeader/TaxPeriodBeginDt02022-04-01
ReturnHeader/TaxPeriodEndDt02023-03-31
ReturnHeader/TaxYr02022

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