Quick charity verification for Holiday Family Foundation (EIN: 203806143)
Verdict: Holiday Family Foundation appears trustworthy
85/100Mission Score
$10KRevenue
$180KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Consistent asset growth, from $55,567 in 2011 to $239,434 in 2023.
Minimal liabilities ($1 across all filings), demonstrating strong financial stability.
Significant surplus in 2023 ($267,195 revenue vs. $88,543 expenses), showing strong financial performance in the most recent period.
Spending Breakdown
How Holiday Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Holiday Family Foundation
Is Holiday Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Holiday Family Foundation (EIN: 203806143) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Holiday Family Foundation a good charity to donate to?
Holiday Family Foundation has a Mission Score of 85/100. Revenue: $10K. Assets: $180K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holiday Family Foundation?
The Employer Identification Number (EIN) for Holiday Family Foundation is 203806143. 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 Holiday Family Foundation spend its money?
Holiday Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holiday Family Foundation's tax-exempt status?
You can verify Holiday Family Foundation's tax-exempt status using EIN 203806143 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 Holiday Family Foundation demonstrates fluctuating financial health over the past decade, with significant revenue and expense variability. For instance, in 2023, the organization reported substantial revenue of $267,195 against expenses of $88,543, leading to a healthy surplus. However, previous years like 2021 and 2022 showed expenses exceeding revenue, indicating periods of financial strain. The organization consistently reports minimal liabilities ($1), which is a positive indicator of financial stability and low debt burden. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership, which can contribute to lower administrative costs and higher program spending efficiency. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the lack of officer compensation implies a strong potential for efficient use of funds. The foundation's assets have grown considerably, from $55,567 in 2011 to $239,434 in 2023, reflecting a positive trend in asset accumulation.