Holding Out Help Inc
EIN: 263342386 · Draper, UT · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $617K |
| Total Expenses | $585K |
| Net Assets | $1.7M |
Is Holding Out Help Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holding Out Help Inc
Holding Out Help Inc (EIN: 263342386) is a nonprofit organization based in Draper, UT, classified under NTEE code P20. The organization reported total revenue of $617K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holding Out Help Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holding Out Help Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $566K |
| Total Expenses | $585K |
| Surplus / Deficit | $-18,877 |
| Total Assets | $1.7M |
| Total Liabilities | $12K |
| Net Assets | $1.7M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 35.0 months |
Financial Health Grade: B
In 2023, Holding Out Help Inc reported a deficit of $19K with expenses exceeding revenue, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holding Out Help Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +14.7% | -0.6% |
| 2022 | -64.3% | +2.9% | +0.3% |
| 2021 | +270.2% | +18.6% | +118.1% |
| 2020 | +14.6% | +36.1% | -0.3% |
| 2019 | -62.4% | +4.8% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holding Out Help Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holding Out Help Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Holding Out Help Inc
Is Holding Out Help Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Holding Out Help Inc (EIN: 263342386) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holding Out Help Inc spend its money?
Detailed spending breakdown data is not yet available for Holding Out Help Inc. Check back for updated IRS 990 analysis.
Are donations to Holding Out Help Inc tax-deductible?
Holding Out Help Inc is registered as a tax-exempt nonprofit (EIN: 263342386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holding Out Help Inc located?
Holding Out Help Inc is headquartered in Draper, Utah and files with the IRS under EIN 263342386. It is classified under NTEE code P20.
How many years of IRS 990 filings does Holding Out Help Inc have?
Holding Out Help 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 $617K in total revenue.
Filing History
IRS 990 filing history for Holding Out Help Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holding Out Help Inc's revenue has grown by 260.2%, moving from $157K to $566K. Total assets increased by 2179% over the same period, from $75K to $1.7M. Total functional expenses rose by 392.1%, from $119K to $585K. In its most recent filing year (2023), Holding Out Help Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $12K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $566K | $585K | $1.7M | $12K | — | View 990 |
| 2022 | $512K | $510K | $1.7M | $13K | — | View 990 |
| 2021 | $1.4M | $495K | $1.7M | $10K | — | View 990 |
| 2020 | $388K | $418K | $783K | $33K | — | View 990 |
| 2019 | $339K | $307K | $786K | $6K | — | View 990 |
| 2018 | $901K | $293K | $762K | $5K | — | View 990 |
| 2017 | $296K | $281K | $156K | $8K | — | View 990 |
| 2016 | $237K | $292K | $142K | $9K | — | View 990 |
| 2015 | $334K | $270K | $204K | $326 | — | View 990 |
| 2014 | $225K | $249K | $142K | $3K | — | View 990 |
| 2013 | $244K | $232K | $160K | $4K | — | View 990 |
| 2012 | $229K | $162K | $146K | $4K | — | View 990 |
| 2011 | $157K | $119K | $75K | $897 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $566K, expenses of $585K, and assets of $1.7M (revenue +10.5% year-over-year).
- 2022: Revenue of $512K, expenses of $510K, and assets of $1.7M (revenue -64.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $495K, and assets of $1.7M (revenue +270.2% year-over-year).
- 2020: Revenue of $388K, expenses of $418K, and assets of $783K (revenue +14.6% year-over-year).
- 2019: Revenue of $339K, expenses of $307K, and assets of $786K (revenue -62.4% year-over-year).
- 2018: Revenue of $901K, expenses of $293K, and assets of $762K (revenue +204.5% year-over-year).
- 2017: Revenue of $296K, expenses of $281K, and assets of $156K (revenue +24.7% year-over-year).
- 2016: Revenue of $237K, expenses of $292K, and assets of $142K (revenue -29.0% year-over-year).
- 2015: Revenue of $334K, expenses of $270K, and assets of $204K (revenue +48.6% year-over-year).
- 2014: Revenue of $225K, expenses of $249K, and assets of $142K (revenue -7.9% year-over-year).
- 2013: Revenue of $244K, expenses of $232K, and assets of $160K (revenue +6.6% year-over-year).
- 2012: Revenue of $229K, expenses of $162K, and assets of $146K (revenue +45.9% year-over-year).
- 2011: Revenue of $157K, expenses of $119K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holding Out Help Inc:
Data Sources and Methodology
This transparency report for Holding Out Help 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.