Holiday Center Inc
Holiday Center Inc's revenue collapsed to $12,162 in 2018, while expenses remained high at $111,881, depleting assets to $1.
EIN: 20275423 · Berlin, NH · NTEE: E70Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $112K |
| Program Spending | 70% |
| Net Assets | $1 |
| Transparency Score | 30/100 |
Is Holiday Center Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holiday Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Holiday Center Inc
Holiday Center Inc (EIN: 20275423) is a nonprofit organization based in Berlin, NH, classified under NTEE code E70Z. The organization reported total revenue of $12K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holiday Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holiday Center Inc is a micro nonprofit that has been operating for 56 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -36.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $112K |
| Surplus / Deficit | $-99,719 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -819.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Holiday Center Inc reported a deficit of $100K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2018), Holiday Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -36.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -89.9% | +1.4% | -100.0% |
| 2017 | -17.2% | -23.6% | +8.8% |
| 2016 | -6.0% | -14.1% | +0.3% |
| 2015 | -16.9% | -8.2% | -12.7% |
| 2014 | -1.7% | -5.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1970 |
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 Holiday Center Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Holiday Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $100K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0%, indicating that no officers or key employees received salaries, which is highly unusual for an organization of its former size and could suggest a volunteer-run model or a lack of paid leadership.
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 Holiday Center Inc's IRS 990 filings:
- Dramatic decline in revenue from $120,421 in 2017 to $12,162 in 2018.
- Assets plummeted from over $90,000 to just $1 in the latest filing period.
- Expenses ($111,881) significantly exceeded revenue ($12,162) in 2018, indicating severe financial instability.
- Negative net income for multiple years, including a substantial deficit in 2018.
Strengths
The following positive indicators were identified for Holiday Center Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- History of consistent IRS 990 filings, demonstrating basic compliance and transparency.
Frequently Asked Questions about Holiday Center Inc
Is Holiday Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Holiday Center Inc (EIN: 20275423) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Holiday Center Inc spend its money?
Holiday Center Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Holiday Center Inc tax-deductible?
Holiday Center Inc is registered as a tax-exempt nonprofit (EIN: 20275423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holiday Center Inc's spending goes to programs?
Holiday Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Holiday Center Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Holiday Center Inc is below average for NTEE category E70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holiday Center Inc located?
Holiday Center Inc is headquartered in Berlin, New Hampshire and files with the IRS under EIN 20275423. It is classified under NTEE code E70Z.
How many years of IRS 990 filings does Holiday Center Inc have?
Holiday Center Inc has 7 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 $12K in total revenue.
Is Holiday Center Inc still operational given its 2018 financial data?
The 2018 filing shows revenue of $12,162 against expenses of $111,881 and assets of only $1, which strongly suggests the organization may no longer be actively operating or is in the process of winding down.
What caused the drastic decline in revenue and assets between 2017 and 2018?
The provided data does not specify the reasons for the sharp drop from $120,421 in revenue and $100,271 in assets in 2017 to $12,162 revenue and $1 asset in 2018. This would require reviewing the full 990 forms for detailed explanations or notes.
How did the organization fund its $111,881 in expenses in 2018 with only $12,162 in revenue and $1 in assets?
The significant deficit in 2018, where expenses far exceeded revenue and assets, implies the organization either incurred substantial debt (though liabilities are reported as $0) or utilized funds from sources not reflected in the provided summary, or the filing reflects a final period of operation where assets were liquidated to cover expenses.
Filing History
IRS 990 filing history for Holiday Center Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Holiday Center Inc's revenue has declined by 93.4%, moving from $184K to $12K. Total assets decreased by 100% over the same period, from $106K to $1. Total functional expenses fell by 41.7%, from $192K to $112K. In its most recent filing year (2018), Holiday Center Inc reported a deficit of $100K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $12K | $112K | $1 | $0 | — | View 990 |
| 2017 | $120K | $110K | $100K | $552 | — | View 990 |
| 2016 | $145K | $145K | $92K | $2K | — | View 990 |
| 2015 | $155K | $168K | $92K | $3K | — | View 990 |
| 2014 | $186K | $183K | $105K | $3K | — | View 990 |
| 2013 | $190K | $193K | $102K | $3K | — | View 990 |
| 2012 | $184K | $192K | $106K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $12K, expenses of $112K, and assets of $1 (revenue -89.9% year-over-year).
- 2017: Revenue of $120K, expenses of $110K, and assets of $100K (revenue -17.2% year-over-year).
- 2016: Revenue of $145K, expenses of $145K, and assets of $92K (revenue -6.0% year-over-year).
- 2015: Revenue of $155K, expenses of $168K, and assets of $92K (revenue -16.9% year-over-year).
- 2014: Revenue of $186K, expenses of $183K, and assets of $105K (revenue -1.7% year-over-year).
- 2013: Revenue of $190K, expenses of $193K, and assets of $102K (revenue +3.0% year-over-year).
- 2012: Revenue of $184K, expenses of $192K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holiday Center Inc:
Data Sources and Methodology
This transparency report for Holiday Center 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.