Quick charity verification for The Holt Family Foundation (EIN: 203478127)
Verdict: The Holt Family Foundation appears trustworthy
85/100Mission Score
$6.4MRevenue
$17.7MAssets
2Red Flags
4Strengths
Red Flags
Operating deficit in 2023 ($594,781 revenue vs. $1,022,589 expenses)
Significant year-to-year revenue fluctuations, making financial planning potentially challenging
Strengths
Zero officer compensation reported across all filings, indicating high efficiency at the executive level.
Substantial and growing asset base, increasing from $4.2M in 2012 to $17.8M in 2023.
Very low liabilities relative to assets, indicating strong financial management and low debt.
Long history of IRS 990 filings (11 filings), demonstrating transparency and consistent reporting.
Spending Breakdown
How The Holt 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 The Holt Family Foundation
Is The Holt Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Holt Family Foundation (EIN: 203478127) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is The Holt Family Foundation a good charity to donate to?
The Holt Family Foundation has a Mission Score of 85/100. Revenue: $6.4M. Assets: $17.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Holt Family Foundation?
The Employer Identification Number (EIN) for The Holt Family Foundation is 203478127. 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 The Holt Family Foundation spend its money?
The Holt Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Holt Family Foundation's tax-exempt status?
You can verify The Holt Family Foundation's tax-exempt status using EIN 203478127 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 Holt Family Foundation demonstrates a generally stable financial position with significant assets, though its revenue has fluctuated considerably over the years. In 2023, the foundation reported revenue of $594,781 against expenses of $1,022,589, indicating a deficit for the year. However, its assets remain substantial at $17,828,784, suggesting a strong endowment that can absorb such fluctuations. The organization consistently reports 0% officer compensation, which is a positive indicator of financial efficiency and dedication to mission over executive pay.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation suggests a lean operational structure at the top. The foundation's liabilities have remained very low relative to its assets, indicating good financial management and low debt risk. The significant growth in assets from $4,245,943 in 2012 to $17,828,784 in 2023 also points to effective asset management and growth.
Transparency is generally good given the availability of 11 years of IRS 990 filings. The consistent reporting of key financial metrics allows for historical analysis. The absence of officer compensation is a clear and transparent financial practice. However, without a detailed functional expense breakdown, it's challenging to fully evaluate the proportion of spending directly on programs versus overhead.