Holland Home Foundation
EIN: 382663466 · Grand Rapids, MI · NTEE: P70I
| Metric | Value |
|---|---|
| Total Revenue | $27.7M |
| Total Expenses | $801K |
| Net Assets | $24.9M |
Is Holland Home Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holland Home Foundation
Holland Home Foundation (EIN: 382663466) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code P70I. The organization reported total revenue of $27.7M and total assets of $29.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holland Home Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holland Home Foundation is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $801K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $25.2M |
| Total Liabilities | $344K |
| Net Assets | $24.9M |
| Operating Margin | 66.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 377.7 months |
Financial Health Grade: A
In 2023, Holland Home Foundation reported a surplus of $1.6M with revenue exceeding expenses, holds 377.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holland Home Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | +28.3% | +17.6% |
| 2022 | +7.1% | -25.8% | -14.0% |
| 2021 | +30.4% | +6.7% | +19.7% |
| 2020 | +48.0% | +50.6% | +20.3% |
| 2019 | +18.2% | +21.1% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holland Home Foundation 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 Holland Home Foundation 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 surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Holland Home Foundation
Is Holland Home Foundation a legitimate charity?
Holland Home Foundation (EIN: 382663466) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $27.7M. No red flags identified. Financial health grade: A.
How does Holland Home Foundation spend its money?
Holland Home Foundation reported $27.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holland Home Foundation tax-deductible?
Holland Home Foundation is registered as a tax-exempt nonprofit (EIN: 382663466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holland Home Foundation located?
Holland Home Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 382663466. It is classified under NTEE code P70I.
How many years of IRS 990 filings does Holland Home Foundation have?
Holland Home Foundation 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 $27.7M in total revenue.
Filing History
IRS 990 filing history for Holland Home Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holland Home Foundation's revenue has grown by 143.3%, moving from $979K to $2.4M. Total assets increased by 183.1% over the same period, from $8.9M to $25.2M. Total functional expenses rose by 94.5%, from $412K to $801K. In its most recent filing year (2023), Holland Home Foundation reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $344K in liabilities against $25.2M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $24.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $801K | $25.2M | $344K | — | View 990 |
| 2022 | $3.1M | $624K | $21.4M | $387K | — | View 990 |
| 2021 | $2.9M | $842K | $24.9M | $322K | — | — |
| 2020 | $2.2M | $789K | $20.8M | $299K | — | — |
| 2019 | $1.5M | $524K | $17.3M | $305K | — | View 990 |
| 2018 | $1.3M | $432K | $14.5M | $329K | — | View 990 |
| 2017 | $1.1M | $493K | $15.7M | $257K | — | View 990 |
| 2016 | $1.0M | $449K | $13.3M | $333K | — | View 990 |
| 2015 | $912K | $446K | $12.5M | $335K | — | View 990 |
| 2014 | $1.7M | $456K | $12.7M | $340K | — | View 990 |
| 2013 | $2.2M | $431K | $11.7M | $422K | — | View 990 |
| 2012 | $1.0M | $417K | $9.9M | $398K | — | View 990 |
| 2011 | $979K | $412K | $8.9M | $515K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $801K, and assets of $25.2M (revenue -23.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $624K, and assets of $21.4M (revenue +7.1% year-over-year).
- 2021: Revenue of $2.9M, expenses of $842K, and assets of $24.9M (revenue +30.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $789K, and assets of $20.8M (revenue +48.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $524K, and assets of $17.3M (revenue +18.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $432K, and assets of $14.5M (revenue +16.7% year-over-year).
- 2017: Revenue of $1.1M, expenses of $493K, and assets of $15.7M (revenue +7.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $449K, and assets of $13.3M (revenue +11.7% year-over-year).
- 2015: Revenue of $912K, expenses of $446K, and assets of $12.5M (revenue -45.0% year-over-year).
- 2014: Revenue of $1.7M, expenses of $456K, and assets of $12.7M (revenue -23.9% year-over-year).
- 2013: Revenue of $2.2M, expenses of $431K, and assets of $11.7M (revenue +110.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $417K, and assets of $9.9M (revenue +6.0% year-over-year).
- 2011: Revenue of $979K, expenses of $412K, and assets of $8.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holland Home Foundation:
Data Sources and Methodology
This transparency report for Holland Home Foundation 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.