Is Holscher Family Charitable Trust Legit?

Quick charity verification for Holscher Family Charitable Trust (EIN: 207204515)

Verdict: Holscher Family Charitable Trust appears trustworthy

85/100Mission Score

$646KRevenue

$2.6MAssets

1Red Flags

4Strengths

Red Flags

Consistent spending exceeding annual revenue in recent years, potentially drawing down assets if not balanced by future gains.

Strengths

Zero officer compensation, indicating high efficiency in executive overhead.
Substantial and stable asset base ($2.5 million in 2023) to support its mission.
Very low liabilities, consistently reported as $1 or $0, demonstrating strong financial health.
Consistent filing history over 10 periods, indicating good governance and transparency.

Spending Breakdown

How Holscher Family Charitable Trust allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Holscher Family Charitable Trust

Is Holscher Family Charitable Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Holscher Family Charitable Trust (EIN: 207204515) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Holscher Family Charitable Trust a good charity to donate to?

Holscher Family Charitable Trust has a Mission Score of 85/100. Revenue: $646K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Holscher Family Charitable Trust?

The Employer Identification Number (EIN) for Holscher Family Charitable Trust is 207204515. 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 Holscher Family Charitable Trust spend its money?

Holscher Family Charitable Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Holscher Family Charitable Trust's tax-exempt status?

You can verify Holscher Family Charitable Trust's tax-exempt status using EIN 207204515 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 Holscher Family Charitable Trust appears to be a private foundation, as indicated by its consistent revenue sources and asset management, rather than public fundraising. Its financial health shows a pattern of distributing more than its annual revenue in several recent years, such as in 2023 where expenses were $209,546 against revenue of $37,705, and in 2022 with expenses of $205,176 against revenue of $172,539. This suggests it's drawing from its substantial asset base, which stood at $2,506,093 in 2023, to fulfill its charitable purpose. The trust maintains a very low liability profile, consistently reporting $1 or $0 in liabilities, which is a strong indicator of financial stability.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not typically itemized in the same way for private trusts as for public charities on the 990-PF. However, the absence of officer compensation (0% reported across all filings) suggests that administrative overhead related to executive salaries is non-existent, which is a positive sign for efficiency. The trust's primary function appears to be grant-making, and its expenses likely reflect these distributions. The significant fluctuation in revenue, from a high of $1,174,762 in 2019 to a low of $37,705 in 2023, indicates reliance on investment returns or specific large contributions rather than consistent operational income.

Transparency is generally good for private foundations through their 990-PF filings, which are publicly accessible. The consistent filing history over 10 periods demonstrates adherence to reporting requirements. The lack of officer compensation also simplifies the financial picture, removing a common area of scrutiny for transparency. The trust's consistent asset base, despite varying annual revenues and expenses, suggests prudent long-term financial management aimed at sustaining its charitable activities.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.