Quick charity verification for James A Holt Charitable Foundation Inc (EIN: 206351514)
Verdict: James A Holt Charitable Foundation Inc appears trustworthy
90/100Mission Score
$784KRevenue
$5.8MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest two reported periods (2023 and 2022).
Strengths
Consistent zero executive compensation.
Substantial and growing asset base ($5.7 million in 2023).
Very low liabilities ($1 in recent years).
Strong program focus typical of private grantmaking foundations (NTEE T22).
Spending Breakdown
How James A Holt Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 James A Holt Charitable Foundation Inc
Is James A Holt Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, James A Holt Charitable Foundation Inc (EIN: 206351514) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is James A Holt Charitable Foundation Inc a good charity to donate to?
James A Holt Charitable Foundation Inc has a Mission Score of 90/100. Revenue: $784K. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James A Holt Charitable Foundation Inc?
The Employer Identification Number (EIN) for James A Holt Charitable Foundation Inc is 206351514. 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 James A Holt Charitable Foundation Inc spend its money?
James A Holt Charitable Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James A Holt Charitable Foundation Inc's tax-exempt status?
You can verify James A Holt Charitable Foundation Inc's tax-exempt status using EIN 206351514 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 James A Holt Charitable Foundation Inc. demonstrates consistent financial stability with growing assets over the past decade, from $1,435,598 in 2011 to $5,726,225 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-driven leadership structure which is a positive sign for donor confidence. While the latest revenue of $783,542 is significantly higher than recent years, the 2023 expenses of $286,073 exceeded revenue of $248,863, suggesting a reliance on prior year surpluses or investment income to cover operations. The foundation's NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which typically results in high program spending efficiency. The consistent reporting of minimal liabilities ($1 in recent years) also points to sound financial management and low debt risk.