Quick charity verification for Holder Family Foundation (EIN: 201464461)
Verdict: Holder Family Foundation shows mixed signals
60/100Mission Score
$1Revenue
$13KAssets
3Red Flags
3Strengths
Red Flags
Consistently low revenue relative to expenses (e.g., $1 revenue vs. $24 expenses in 2023 and 2022).
Historically very high liabilities (e.g., $9.5 million) relative to assets and revenue in earlier periods (2011-2015), though these have since been resolved.
Lack of detailed expense breakdown in the provided summary makes it difficult to assess program efficiency fully.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds regarding leadership costs.
Liabilities have been significantly reduced from millions to $1 in recent years, indicating improved financial stability in that area.
Consistent filing of IRS 990 forms demonstrates a commitment to transparency, even with minimal financial activity.
Spending Breakdown
How Holder Family Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Holder Family Foundation
Is Holder Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Holder Family Foundation (EIN: 201464461) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Holder Family Foundation a good charity to donate to?
Holder Family Foundation has a Mission Score of 60/100. Revenue: $1. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holder Family Foundation?
The Employer Identification Number (EIN) for Holder Family Foundation is 201464461. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Holder Family Foundation spend its money?
Holder Family Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holder Family Foundation's tax-exempt status?
You can verify Holder Family Foundation's tax-exempt status using EIN 201464461 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Holder Family Foundation appears to be a very small private foundation, as indicated by its consistently low revenue, which has been $1 in the latest two periods (2023 and 2022). Its assets have also remained relatively stable but small, at $13,070 in the latest period. The organization's expenses have consistently exceeded its revenue, for example, $24 in expenses against $1 in revenue in 2023 and 2022. This suggests that the foundation is primarily drawing from its existing assets or a principal that is not reflected in the annual revenue figures, or it is operating at a deficit. The consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean operational structure, which is a positive for efficiency in that regard.
However, the financial data provided does not offer a clear breakdown of program spending versus administrative or fundraising costs, making it difficult to fully assess spending efficiency. The liabilities reported in earlier years (e.g., $9,589,379 in 2015, 2013, 2012, and 2011) are significantly high relative to its assets and revenue, which is a major concern, although these liabilities appear to have been resolved in more recent filings, showing $1 in liabilities from 2023-2019. The lack of detailed expense categories in the provided summary limits a comprehensive assessment of its program focus and financial health beyond the top-line figures.