Holocaust Resource Foundation Inc
Holocaust Resource Foundation: Strong Mission, High Administrative Costs
EIN: 222426171 · Short Hills, NJ · NTEE: A82I · Updated: 2026-04-04
About Holocaust Resource Foundation Inc
Holocaust Resource Foundation Inc (EIN: 222426171) is a nonprofit organization based in Short Hills, NJ, classified under NTEE code A82I. The organization reported total revenue of $186K and total assets of $595K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holocaust Resource Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holocaust Resource Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 98%
- programs: 2%
- fundraising: 0%
According to IRS 990 filings, Holocaust Resource Foundation Inc allocates its expenses as follows: admin: 98%, programs: 2%, fundraising: 0%. Only 2% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information.
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 Holocaust Resource Foundation Inc's IRS 990 filings:
- Administrative expenses of $181,605 in 2024 represent 98% of total expenses, indicating a very low program spending efficiency.
- Program service expenses are extremely low, at only $3,500 in 2024, raising concerns about direct mission impact.
- Significant fluctuations in total expenses year-over-year (e.g., $1279 in 2023 vs. $181,605 in 2024) without clear explanation.
Strengths
The following positive indicators were identified for Holocaust Resource Foundation Inc:
- Consistent revenue generation over the past several years, demonstrating donor support.
- Healthy asset base of $594,622 in 2024, providing financial stability.
- Zero reported liabilities across all available years, indicating strong financial health.
Frequently Asked Questions about Holocaust Resource Foundation Inc
What does Holocaust Resource Foundation Inc do?
Holocaust Resource Foundation Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Short Hills, New Jersey. It is classified under NTEE code A82I.
How much revenue does Holocaust Resource Foundation Inc have?
Holocaust Resource Foundation Inc reported total revenue of $186,322. Based on 10 IRS 990 filings on record.
What are Holocaust Resource Foundation Inc's total assets?
Holocaust Resource Foundation Inc holds total assets of $594,622 as reported in IRS 990 filings.
Where is Holocaust Resource Foundation Inc located?
Holocaust Resource Foundation Inc is based in Short Hills, New Jersey.
What is Holocaust Resource Foundation Inc's EIN?
Holocaust Resource Foundation Inc's Employer Identification Number (EIN) is 222426171. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Holocaust Resource Foundation Inc?
Holocaust Resource Foundation Inc is classified under NTEE code A82I (Arts, Culture & Humanities).
Is Holocaust Resource Foundation Inc a registered 501(c)(3)?
Yes, Holocaust Resource Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222426171.
Does Holocaust Resource Foundation Inc file IRS Form 990?
Yes, Holocaust Resource Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202407.
What was Holocaust Resource Foundation Inc's revenue in 2024?
In the 202407 filing period, Holocaust Resource Foundation Inc reported total revenue of $186,322, total expenses of $181,605, and net assets of $594,622.
Is Holocaust Resource Foundation Inc's revenue growing or declining?
Holocaust Resource Foundation Inc's revenue is declining. Revenue went from $220,624 (202307) to $186,322 (202407), a -15.5% change. Based on 10 filings on record.
What is Holocaust Resource Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Holocaust Resource Foundation Inc covers tax period 202407. It shows revenue of $186,322, expenses of $181,605, total assets of $594,622, and liabilities of N/A.
How much does Holocaust Resource Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Holocaust Resource Foundation Inc allocates approximately 2% of expenses to program services, 98% to administrative costs, and 0% to fundraising. Overhead costs appear high relative to program spending.
Is Holocaust Resource Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Holocaust Resource Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Holocaust Resource Foundation Inc?
The following concerns were identified: Administrative expenses of $181,605 in 2024 represent 98% of total expenses, indicating a very low program spending efficiency.. Program service expenses are extremely low, at only $3,500 in 2024, raising concerns about direct mission impact.. Significant fluctuations in total expenses year-over-year (e.g., $1279 in 2023 vs. $181,605 in 2024) without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Holocaust Resource Foundation Inc's strengths?
Positive indicators for Holocaust Resource Foundation Inc include: Consistent revenue generation over the past several years, demonstrating donor support.. Healthy asset base of $594,622 in 2024, providing financial stability.. Zero reported liabilities across all available years, indicating strong financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Holocaust Resource Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the high administrative costs and minimal program spending, how does the organization justify its operational model in relation to its stated mission?
The organization's filings show $181,605 in expenses for 2024, with only $3,500 allocated to program services. This suggests that the vast majority of funds are used for overhead, which could be for maintaining the 'resource' aspect of its mission, but without further detail, it raises questions about direct impact.
What specific activities or services are encompassed within the 'program services' given the very low expenditure?
With only $3,500 spent on program services in 2024, it's unclear what specific educational initiatives, outreach, or support programs are being delivered. This amount is exceptionally low for any meaningful program delivery.
Filing History
IRS 990 filing history for Holocaust Resource Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Holocaust Resource Foundation Inc's revenue has grown by 93.7%, moving from $96K to $186K. Total assets increased by 62% over the same period, from $367K to $595K. Total functional expenses rose by 207.4%, from $59K to $182K. In its most recent filing year (2024), Holocaust Resource Foundation Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $186K | $182K | $595K | $0 | — | — |
| 2023 | $221K | $1K | $590K | $0 | — | View 990 |
| 2022 | $195K | $297K | $371K | $0 | — | View 990 |
| 2021 | $168K | $80K | $473K | $0 | — | View 990 |
| 2020 | $119K | $154K | $385K | $0 | — | View 990 |
| 2018 | $114K | $117K | $422K | $0 | — | View 990 |
| 2017 | $104K | $91K | $425K | $0 | — | View 990 |
| 2015 | $94K | $74K | $418K | $0 | — | View 990 |
| 2013 | $89K | $80K | $376K | $0 | — | View 990 |
| 2012 | $96K | $59K | $367K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $186K, expenses of $182K, and assets of $595K (revenue -15.5% year-over-year).
- 2023: Revenue of $221K, expenses of $1K, and assets of $590K (revenue +13.2% year-over-year).
- 2022: Revenue of $195K, expenses of $297K, and assets of $371K (revenue +16.0% year-over-year).
- 2021: Revenue of $168K, expenses of $80K, and assets of $473K (revenue +40.9% year-over-year).
- 2020: Revenue of $119K, expenses of $154K, and assets of $385K (revenue +4.6% year-over-year).
- 2018: Revenue of $114K, expenses of $117K, and assets of $422K (revenue +9.9% year-over-year).
- 2017: Revenue of $104K, expenses of $91K, and assets of $425K (revenue +9.9% year-over-year).
- 2015: Revenue of $94K, expenses of $74K, and assets of $418K (revenue +6.4% year-over-year).
- 2013: Revenue of $89K, expenses of $80K, and assets of $376K (revenue -7.8% year-over-year).
- 2012: Revenue of $96K, expenses of $59K, and assets of $367K.
Data Sources and Methodology
This transparency report for Holocaust Resource Foundation 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.