Quick charity verification for Hollis Preschool (EIN: 20232166)
Verdict: Hollis Preschool appears trustworthy
92/100Mission Score
$296KRevenue
$355KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Growing asset base, increasing from $94,490 in 201506 to $339,607 in 202306, demonstrating financial stability.
Very low liabilities, with the highest reported being $21,216 in 201706 and only $3,021 in 202306, indicating strong financial management.
Clear alignment between NTEE code (B21Z - Preschools, Child Day Care) and organizational name/mission.
Long and consistent IRS 990 filing history (12 filings), indicating transparency and compliance.
Spending Breakdown
How Hollis Preschool allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Hollis Preschool
Is Hollis Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Hollis Preschool (EIN: 20232166) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Hollis Preschool a good charity to donate to?
Hollis Preschool has a Mission Score of 92/100. Revenue: $296K. Assets: $355K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hollis Preschool?
The Employer Identification Number (EIN) for Hollis Preschool is 20232166. 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 Hollis Preschool spend its money?
Hollis Preschool allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hollis Preschool's tax-exempt status?
You can verify Hollis Preschool's tax-exempt status using EIN 20232166 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
Hollis Preschool demonstrates consistent financial activity, with revenues fluctuating but generally supporting its operations. In the most recent filing (202306), the organization reported revenues of $265,522 against expenses of $292,304, indicating a slight deficit for that period. However, previous years like 202206 showed a surplus with revenues of $323,586 exceeding expenses of $273,601. The organization's assets have grown over time, from $94,490 in 201506 to $339,607 in 202306, suggesting sound financial management and accumulation of resources. Liabilities remain very low, indicating a healthy balance sheet.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, keeping administrative costs low. The NTEE code B21Z (Preschools, Child Day Care) aligns with the organization's name, indicating a clear program focus. The absence of reported officer compensation is a significant positive indicator for donor confidence, as it implies that a greater proportion of funds can be directed towards program services.
Overall, Hollis Preschool appears to be a financially stable and transparent organization. Its consistent filing history, growing asset base, and minimal liabilities, coupled with no reported officer compensation, paint a picture of an organization focused on its mission with prudent financial oversight. While there was a slight deficit in the latest period, the overall trend and strong asset position suggest resilience.