Fh Enterprise Services Holdings Inc
Fh Enterprise Services Holdings Inc. reports minimal operational expenses despite significant revenue and assets, with no officer compensation.
EIN: 202636686 · Milwaukee, WI · NTEE: H11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.9M |
| Total Expenses | $1K |
| Program Spending | 98% |
| CEO/Top Officer Pay | $31 |
| Net Assets | $169K |
| Transparency Score | 75/100 |
Is Fh Enterprise Services Holdings Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fh Enterprise Services Holdings Inc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fh Enterprise Services Holdings Inc
Fh Enterprise Services Holdings Inc (EIN: 202636686) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code H11. The organization reported total revenue of $19.9M and total assets of $32.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fh Enterprise Services Holdings Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fh Enterprise Services Holdings Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $1K |
| Surplus / Deficit | +$392K |
| Total Assets | $227K |
| Total Liabilities | $58K |
| Net Assets | $169K |
| Operating Margin | 99.7% |
| Debt-to-Asset Ratio | 25.6% |
| Months of Reserves | 1999.6 months |
Financial Health Grade: A
In 2023, Fh Enterprise Services Holdings Inc reported a surplus of $392K with revenue exceeding expenses, holds 1999.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fh Enterprise Services Holdings Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.0% | +14.3% | — |
| 2022 | -67.2% | -22.5% | -104.3% |
| 2021 | +464.8% | +10.8% | +95.8% |
| 2020 | -0.5% | -21.8% | +20.3% |
| 2019 | +7.5% | +13.7% | +25.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fh Enterprise Services Holdings Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, Fh Enterprise Services Holdings Inc allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $392K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation directly from Fh Enterprise Services Holdings Inc. This is highly unusual for an organization with assets exceeding $31 million and recent revenues of nearly $20 million, suggesting that executive functions may be performed by uncompensated individuals, or compensation is handled through related entities not reflected in these specific filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fh Enterprise Services Holdings Inc's IRS 990 filings:
- Extremely low reported expenses relative to revenue and assets, suggesting an unusual operational model or incomplete financial picture.
- Negative assets reported in 2022, which is an unusual financial anomaly.
- Zero officer compensation for an organization with significant financial scale, raising questions about executive oversight and compensation structures.
- Lack of detailed expense breakdown in provided data makes traditional financial analysis difficult.
Strengths
The following positive indicators were identified for Fh Enterprise Services Holdings Inc:
- Very high financial efficiency in terms of direct operational overhead, with minimal reported expenses.
- Zero officer compensation, indicating no direct payroll burden for executive roles.
- Significant asset base ($31,965,912) and revenue ($19,866,684) suggesting substantial financial capacity.
- Consistent filing history (13 filings) demonstrates compliance with reporting requirements.
Frequently Asked Questions about Fh Enterprise Services Holdings Inc
Is Fh Enterprise Services Holdings Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fh Enterprise Services Holdings Inc (EIN: 202636686) some concerns. Mission Score: 75/100. 4 red flags identified, 4 strengths noted.
How does Fh Enterprise Services Holdings Inc spend its money?
Fh Enterprise Services Holdings Inc directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fh Enterprise Services Holdings Inc tax-deductible?
Fh Enterprise Services Holdings Inc is registered as a tax-exempt nonprofit (EIN: 202636686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fh Enterprise Services Holdings Inc CEO make?
Fh Enterprise Services Holdings Inc's highest-compensated officer earns $31 annually. The organization reported $19.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Fh Enterprise Services Holdings Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Fh Enterprise Services Holdings Inc is above average for NTEE category H11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fh Enterprise Services Holdings Inc located?
Fh Enterprise Services Holdings Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 202636686. It is classified under NTEE code H11.
How many years of IRS 990 filings does Fh Enterprise Services Holdings Inc have?
Fh Enterprise Services Holdings Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.9M in total revenue.
What is the primary function of Fh Enterprise Services Holdings Inc. given its low reported expenses and high revenue?
The organization likely functions as a holding company or a financial vehicle for housing development and management, where direct operational expenses are minimal, and funds are potentially passed through to related entities or invested in assets, rather than spent on traditional program delivery.
How does Fh Enterprise Services Holdings Inc. manage to operate with such low expenses?
The consistently low reported expenses (e.g., $1,362 in 2023 against $393,040 revenue) suggest that the organization itself incurs very few direct operational costs. Its activities might be primarily financial or administrative, with actual program delivery or significant operational spending occurring in other, related entities.
Is the lack of officer compensation a red flag?
While it indicates high efficiency in terms of direct payroll, for an organization of this size, it's unusual. It could mean that officers are volunteers, compensated by a related entity, or that the organization's structure doesn't require direct compensation for its listed officers, which warrants further investigation into its organizational structure and affiliations.
What is the significance of the negative assets reported in 2022?
The reported assets of $-164,724 in 2022 are highly unusual and could indicate a significant accounting adjustment, a reclassification of assets, or a reporting error. This specific anomaly would require reviewing the full 990 form for that period to understand the context.
Filing History
IRS 990 filing history for Fh Enterprise Services Holdings Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fh Enterprise Services Holdings Inc's revenue has grown by 93.2%, moving from $203K to $393K. Total assets increased by 4494.2% over the same period, from $5K to $227K. Total functional expenses fell by 99.4%, from $218K to $1K. In its most recent filing year (2023), Fh Enterprise Services Holdings Inc reported a surplus of $392K, with revenue exceeding expenses. The organization holds $58K in liabilities against $227K in assets (debt-to-asset ratio: 25.6%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $1K | $227K | $58K | — | View 990 |
| 2022 | $614K | $1K | $-164,724 | $58K | — | View 990 |
| 2021 | $1.9M | $2K | $3.8M | $0 | — | View 990 |
| 2020 | $331K | $1K | $2.0M | $0 | — | View 990 |
| 2019 | $333K | $2K | $1.6M | $0 | — | View 990 |
| 2018 | $310K | $2K | $1.3M | $0 | — | View 990 |
| 2017 | $108K | $3K | $982K | $0 | — | View 990 |
| 2016 | $0 | $0 | $876K | $0 | — | View 990 |
| 2015 | $0 | $313 | $876K | $0 | — | View 990 |
| 2014 | $0 | $283 | $4K | $0 | — | View 990 |
| 2013 | $0 | $259 | $4K | $0 | — | View 990 |
| 2012 | $0 | $329 | $5K | $0 | — | View 990 |
| 2011 | $203K | $218K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $1K, and assets of $227K (revenue -36.0% year-over-year).
- 2022: Revenue of $614K, expenses of $1K, and assets of $-164,724 (revenue -67.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2K, and assets of $3.8M (revenue +464.8% year-over-year).
- 2020: Revenue of $331K, expenses of $1K, and assets of $2.0M (revenue -0.5% year-over-year).
- 2019: Revenue of $333K, expenses of $2K, and assets of $1.6M (revenue +7.5% year-over-year).
- 2018: Revenue of $310K, expenses of $2K, and assets of $1.3M (revenue +185.5% year-over-year).
- 2017: Revenue of $108K, expenses of $3K, and assets of $982K.
- 2016: Revenue of $0, expenses of $0, and assets of $876K.
- 2015: Revenue of $0, expenses of $313, and assets of $876K.
- 2014: Revenue of $0, expenses of $283, and assets of $4K.
- 2013: Revenue of $0, expenses of $259, and assets of $4K.
- 2012: Revenue of $0, expenses of $329, and assets of $5K (revenue -100.0% year-over-year).
- 2011: Revenue of $203K, expenses of $218K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fh Enterprise Services Holdings Inc:
Data Sources and Methodology
This transparency report for Fh Enterprise Services Holdings Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.