Holistic Community Outreach Center Inc
EIN: 364021862 · Chicago, IL · NTEE: E20
| Metric | Value |
|---|---|
| Total Revenue | $399K |
| Total Expenses | $413K |
| Net Assets | $-285,260 |
Is Holistic Community Outreach Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holistic Community Outreach Center Inc
Holistic Community Outreach Center Inc (EIN: 364021862) is a nonprofit organization based in Chicago, IL, classified under NTEE code E20. The organization reported total revenue of $399K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holistic Community Outreach Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holistic Community Outreach Center Inc is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $355K |
| Total Expenses | $413K |
| Surplus / Deficit | $-58,424 |
| Total Assets | $124K |
| Total Liabilities | $409K |
| Net Assets | $-285,260 |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 329.7% |
| Months of Reserves | 3.6 months |
Financial Health Grade: C
In 2023, Holistic Community Outreach Center Inc reported a deficit of $58K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 329.7% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Holistic Community Outreach Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +4.9% | -23.8% |
| 2022 | -0.3% | +20.9% | +89.5% |
| 2021 | +18.7% | +1.6% | +15.2% |
| 2020 | -26.4% | -10.4% | -32.3% |
| 2019 | -6.7% | -18.1% | +57.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holistic Community Outreach Center 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 Holistic Community Outreach Center 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 $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 329.7%.
Frequently Asked Questions about Holistic Community Outreach Center Inc
Is Holistic Community Outreach Center Inc a legitimate charity?
Holistic Community Outreach Center Inc (EIN: 364021862) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $399K. No red flags identified. Financial health grade: C.
How does Holistic Community Outreach Center Inc spend its money?
Holistic Community Outreach Center Inc reported $399K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holistic Community Outreach Center Inc tax-deductible?
Holistic Community Outreach Center Inc is registered as a tax-exempt nonprofit (EIN: 364021862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holistic Community Outreach Center Inc located?
Holistic Community Outreach Center Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 364021862. It is classified under NTEE code E20.
How many years of IRS 990 filings does Holistic Community Outreach Center Inc have?
Holistic Community Outreach Center Inc has 14 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 $399K in total revenue.
Filing History
IRS 990 filing history for Holistic Community Outreach Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Holistic Community Outreach Center Inc's revenue has declined by 37.2%, moving from $565K to $355K. Total assets increased by 37.5% over the same period, from $90K to $124K. Total functional expenses fell by 27.8%, from $573K to $413K. In its most recent filing year (2023), Holistic Community Outreach Center Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $409K in liabilities against $124K in assets (debt-to-asset ratio: 329.7%), resulting in net assets of $-285,260.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $355K | $413K | $124K | $409K | — | — |
| 2022 | $318K | $394K | $163K | $390K | — | — |
| 2021 | $319K | $326K | $86K | $237K | — | View 990 |
| 2020 | $269K | $321K | $75K | $248K | — | — |
| 2019 | $365K | $358K | $110K | $232K | — | View 990 |
| 2018 | $391K | $438K | $70K | $198K | — | View 990 |
| 2017 | $453K | $440K | $165K | $33K | — | View 990 |
| 2016 | $438K | $416K | $51K | $54K | — | View 990 |
| 2015 | $392K | $446K | $46K | $70K | — | View 990 |
| 2014 | $496K | $490K | $63K | $33K | — | View 990 |
| 2013 | $560K | $584K | $58K | $33K | — | View 990 |
| 2012 | $662K | $637K | $91K | $42K | — | View 990 |
| 2011 | $593K | $593K | $79K | $54K | — | View 990 |
| 2010 | $565K | $573K | $90K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $355K, expenses of $413K, and assets of $124K (revenue +11.5% year-over-year).
- 2022: Revenue of $318K, expenses of $394K, and assets of $163K (revenue -0.3% year-over-year).
- 2021: Revenue of $319K, expenses of $326K, and assets of $86K (revenue +18.7% year-over-year).
- 2020: Revenue of $269K, expenses of $321K, and assets of $75K (revenue -26.4% year-over-year).
- 2019: Revenue of $365K, expenses of $358K, and assets of $110K (revenue -6.7% year-over-year).
- 2018: Revenue of $391K, expenses of $438K, and assets of $70K (revenue -13.6% year-over-year).
- 2017: Revenue of $453K, expenses of $440K, and assets of $165K (revenue +3.5% year-over-year).
- 2016: Revenue of $438K, expenses of $416K, and assets of $51K (revenue +11.7% year-over-year).
- 2015: Revenue of $392K, expenses of $446K, and assets of $46K (revenue -21.0% year-over-year).
- 2014: Revenue of $496K, expenses of $490K, and assets of $63K (revenue -11.4% year-over-year).
- 2013: Revenue of $560K, expenses of $584K, and assets of $58K (revenue -15.4% year-over-year).
- 2012: Revenue of $662K, expenses of $637K, and assets of $91K (revenue +11.6% year-over-year).
- 2011: Revenue of $593K, expenses of $593K, and assets of $79K (revenue +5.0% year-over-year).
- 2010: Revenue of $565K, expenses of $573K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holistic Community Outreach Center Inc:
Data Sources and Methodology
This transparency report for Holistic Community Outreach 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.