HANDS ACROSS EMDEON INC DBA Hands Across Change Healthcare Inc

Nonprofit profile at a glance

EIN
272795516
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Minnetonka, MN, USA
Phone
9529361300
Rating
33
Verdict
REVIEW
Rating confidence
Limited
Sector
Emergency Assistance

Reported finances

Revenue
$2,163
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Zach Beasley (President/Director)

People named in this filing

  • Zach Beasley (President/Director)
  • Timothy Langdon (Secretary/Director)
  • Peter Gill (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2023

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.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -42% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -52.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -32.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.