Hollandstrong Memorial Scholarship
EIN: 475533744 · Livermore, ME · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $10K |
| Net Assets | $141K |
Is Hollandstrong Memorial Scholarship Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hollandstrong Memorial Scholarship
Hollandstrong Memorial Scholarship (EIN: 475533744) is a nonprofit organization based in Livermore, ME, classified under NTEE code B82. The organization reported total revenue of $6K and total assets of $162K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hollandstrong Memorial Scholarship's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hollandstrong Memorial Scholarship is a micro nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $10K |
| Surplus / Deficit | +$14K |
| Total Assets | $135K |
| Net Assets | $141K |
| Operating Margin | 58.6% |
| Months of Reserves | 157.7 months |
Financial Health Grade: A
In 2022, Hollandstrong Memorial Scholarship reported a surplus of $14K with revenue exceeding expenses, holds 157.7 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2020–2022), Hollandstrong Memorial Scholarship's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.7% | +0.9% | -5.3% |
| 2021 | -7.7% | -27.1% | +18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hollandstrong Memorial Scholarship 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 Hollandstrong Memorial Scholarship 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Hollandstrong Memorial Scholarship
Is Hollandstrong Memorial Scholarship a legitimate charity?
Based on AI analysis of IRS 990 filings, Hollandstrong Memorial Scholarship (EIN: 475533744) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hollandstrong Memorial Scholarship spend its money?
Detailed spending breakdown data is not yet available for Hollandstrong Memorial Scholarship. Check back for updated IRS 990 analysis.
Are donations to Hollandstrong Memorial Scholarship tax-deductible?
Hollandstrong Memorial Scholarship is registered as a tax-exempt nonprofit (EIN: 475533744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hollandstrong Memorial Scholarship located?
Hollandstrong Memorial Scholarship is headquartered in Livermore, Maine and files with the IRS under EIN 475533744. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hollandstrong Memorial Scholarship have?
Hollandstrong Memorial Scholarship has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $6K in total revenue.
Filing History
IRS 990 filing history for Hollandstrong Memorial Scholarship showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Hollandstrong Memorial Scholarship's revenue has declined by 10.2%, moving from $28K to $25K. Total assets increased by 11.9% over the same period, from $120K to $135K. Total functional expenses fell by 26.4%, from $14K to $10K. In its most recent filing year (2022), Hollandstrong Memorial Scholarship reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $25K | $10K | $135K | $-6,114 | — | — |
| 2021 | $25K | $10K | $142K | $16K | — | — |
| 2020 | $28K | $14K | $120K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $25K, expenses of $10K, and assets of $135K (revenue -2.7% year-over-year).
- 2021: Revenue of $25K, expenses of $10K, and assets of $142K (revenue -7.7% year-over-year).
- 2020: Revenue of $28K, expenses of $14K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hollandstrong Memorial Scholarship:
Data Sources and Methodology
This transparency report for Hollandstrong Memorial Scholarship 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.