Quick charity verification for Holmdel Theatre Company Inc (EIN: 222881735)
Verdict: Holmdel Theatre Company Inc appears trustworthy
75/100Mission Score
$157KRevenue
$258KAssets
3Red Flags
3Strengths
Red Flags
Total expenses consistently exceed total revenue in recent years (e.g., 2023: revenue $127,972, expenses $131,127; 2022: revenue $105,084, expenses $131,223), indicating a reliance on existing assets or other non-operating income.
Assets have shown a gradual decline over the past several years, from $263,297 in 2016 to $235,034 in 2023, which could impact long-term sustainability.
The organization reports no liabilities, which is unusual and may indicate a simplified financial structure or specific accounting practices.
Strengths
Long-standing presence in the community since at least 2016, demonstrating resilience and commitment to its mission.
Consistent programming and community engagement as evidenced by its operational history.
Low administrative and fundraising overhead, allowing a significant portion of funds to be directed towards programs.
AI Transparency Report
Holmdel Theatre Company Inc is a arts, culture & humanities nonprofit based in Holmdel, New Jersey, with reported revenue of $157K and assets of $258K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. - Financial data is consistently available through IRS Form 990 filings.
- The organization's website provides information on its mission, programs, and board of trustees.
- No specific impact reports or detailed program outcome metrics are readily available. Executive compensation is not reported in the available filings, suggesting it is below the IRS reporting threshold of $100,000 for any single individual, which is positive for a small nonprofit. Revenue has grown +149% across 13 filing periods.