Holdeen Ten Funds 45 10
Holdeen Ten Funds 45 10 consistently spends more than its annual revenue, drawing down assets while maintaining zero officer compensation.
EIN: 146018145 · Saint Louis, MO · NTEE: T111 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $245K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Holdeen Ten Funds 45 10 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holdeen Ten Funds 45 10 directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holdeen Ten Funds 45 10
Holdeen Ten Funds 45 10 (EIN: 146018145) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T111. The organization reported total revenue of $163K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holdeen Ten Funds 45 10's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holdeen Ten Funds 45 10 is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $245K |
| Surplus / Deficit | $-81,884 |
| Total Assets | $3.9M |
| Total Liabilities | $1 |
| Net Assets | $3.9M |
| Operating Margin | -50.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.0 months |
Financial Health Grade: B
In 2023, Holdeen Ten Funds 45 10 reported a deficit of $82K with expenses exceeding revenue, holds 193.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Holdeen Ten Funds 45 10's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | -17.1% | -2.1% |
| 2022 | -50.9% | +24.2% | -2.6% |
| 2021 | +114.0% | -21.4% | +3.7% |
| 2020 | -57.0% | +20.8% | -3.0% |
| 2019 | +206.8% | -5.4% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Holdeen Ten Funds 45 10 with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Holdeen Ten Funds 45 10 allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets nearing $4 million.
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 Holdeen Ten Funds 45 10's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset draw-down (though potentially strategic for a foundation)
- Lack of detailed expense breakdown beyond summary data makes precise program efficiency calculation difficult
Strengths
The following positive indicators were identified for Holdeen Ten Funds 45 10:
- Zero officer compensation reported across all filings, indicating extremely low administrative overhead related to executive pay.
- Consistent IRS 990 filings over a decade demonstrate strong transparency and accountability.
- Minimal liabilities ($0 or $1) across all periods, indicating sound financial management and no significant debt.
- NTEE code T111 (Grantmaking Foundations) suggests a clear programmatic focus on grant distribution.
Frequently Asked Questions about Holdeen Ten Funds 45 10
Is Holdeen Ten Funds 45 10 a legitimate charity?
Based on AI analysis of IRS 990 filings, Holdeen Ten Funds 45 10 (EIN: 146018145) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Holdeen Ten Funds 45 10 spend its money?
Holdeen Ten Funds 45 10 directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Holdeen Ten Funds 45 10 tax-deductible?
Holdeen Ten Funds 45 10 is registered as a tax-exempt nonprofit (EIN: 146018145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Holdeen Ten Funds 45 10 CEO make?
Holdeen Ten Funds 45 10's highest-compensated officer earns $4 annually. The organization reported $163K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Holdeen Ten Funds 45 10 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Holdeen Ten Funds 45 10 is above average for NTEE category T111 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holdeen Ten Funds 45 10 located?
Holdeen Ten Funds 45 10 is headquartered in Saint Louis, Missouri and files with the IRS under EIN 146018145. It is classified under NTEE code T111.
How many years of IRS 990 filings does Holdeen Ten Funds 45 10 have?
Holdeen Ten Funds 45 10 has 10 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 $163K in total revenue.
Is Holdeen Ten Funds 45 10 a good charity?
Based on the available data, Holdeen Ten Funds 45 10 appears to be a well-managed grant-making foundation with strong program focus and very low overhead, as evidenced by 0% officer compensation and minimal liabilities. Its consistent spending above revenue, drawing down assets, is a strategic choice for a foundation and not necessarily a negative indicator.
Why does Holdeen Ten Funds 45 10 consistently spend more than its revenue?
As a grant-making foundation, Holdeen Ten Funds 45 10 likely operates by distributing grants from its endowment. The consistent trend of expenses exceeding revenue (e.g., $244,636 expenses vs. $162,752 revenue in 2023) suggests a deliberate strategy to disburse funds from its asset base, rather than relying solely on annual investment income or donations.
What is the trend in Holdeen Ten Funds 45 10's assets?
The organization's assets have shown a gradual decline over the past decade, from $4,487,486 in 2011 to $3,934,339 in 2023. This decrease aligns with the pattern of expenses consistently exceeding revenue, indicating a planned draw-down from its endowment to fund its activities.
Filing History
IRS 990 filing history for Holdeen Ten Funds 45 10 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Holdeen Ten Funds 45 10's revenue has declined by 15.5%, moving from $193K to $163K. Total assets decreased by 12.3% over the same period, from $4.5M to $3.9M. Total functional expenses rose by 5.7%, from $231K to $245K. In its most recent filing year (2023), Holdeen Ten Funds 45 10 reported a deficit of $82K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $245K | $3.9M | $1 | — | View 990 |
| 2022 | $190K | $295K | $4.0M | $1 | — | View 990 |
| 2021 | $388K | $238K | $4.1M | $1 | — | — |
| 2020 | $181K | $302K | $4.0M | $1 | — | — |
| 2019 | $422K | $250K | $4.1M | $1 | — | View 990 |
| 2015 | $138K | $264K | $4.2M | $0 | — | View 990 |
| 2014 | $188K | $264K | $4.3M | $0 | — | View 990 |
| 2013 | $124K | $255K | $4.4M | $0 | — | View 990 |
| 2012 | $301K | $241K | $4.5M | $0 | — | View 990 |
| 2011 | $193K | $231K | $4.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $245K, and assets of $3.9M (revenue -14.5% year-over-year).
- 2022: Revenue of $190K, expenses of $295K, and assets of $4.0M (revenue -50.9% year-over-year).
- 2021: Revenue of $388K, expenses of $238K, and assets of $4.1M (revenue +114.0% year-over-year).
- 2020: Revenue of $181K, expenses of $302K, and assets of $4.0M (revenue -57.0% year-over-year).
- 2019: Revenue of $422K, expenses of $250K, and assets of $4.1M (revenue +206.8% year-over-year).
- 2015: Revenue of $138K, expenses of $264K, and assets of $4.2M (revenue -27.0% year-over-year).
- 2014: Revenue of $188K, expenses of $264K, and assets of $4.3M (revenue +52.0% year-over-year).
- 2013: Revenue of $124K, expenses of $255K, and assets of $4.4M (revenue -58.9% year-over-year).
- 2012: Revenue of $301K, expenses of $241K, and assets of $4.5M (revenue +56.5% year-over-year).
- 2011: Revenue of $193K, expenses of $231K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holdeen Ten Funds 45 10:
Data Sources and Methodology
This transparency report for Holdeen Ten Funds 45 10 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.