Holstein Foundation
EIN: 237012134 · Mystic, CT
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $38K |
| Net Assets | $372K |
Is Holstein Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holstein Foundation
Holstein Foundation (EIN: 237012134) is a nonprofit organization based in Mystic, CT. The organization reported total revenue of $15K and total assets of $359K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holstein Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holstein Foundation is a micro nonprofit that has been operating for 57 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -55.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $38K |
| Surplus / Deficit | $-38,280 |
| Total Assets | $372K |
| Total Liabilities | $1 |
| Net Assets | $372K |
| Operating Margin | -3828000.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 116.7 months |
Financial Health Grade: B
In 2023, Holstein Foundation reported a deficit of $38K with expenses exceeding revenue, holds 116.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Holstein Foundation's revenue has declined at a compound annual growth rate (CAGR) of -55.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +30.1% | -9.3% |
| 2022 | -100.0% | +3.8% | -18.5% |
| 2021 | +7499900.0% | +25.7% | +10.2% |
| 2020 | -100.0% | -26.8% | -4.7% |
| 2019 | +37.0% | +3.5% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holstein 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 Holstein 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 deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Holstein Foundation
Is Holstein Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Holstein Foundation (EIN: 237012134) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holstein Foundation spend its money?
Detailed spending breakdown data is not yet available for Holstein Foundation. Check back for updated IRS 990 analysis.
Are donations to Holstein Foundation tax-deductible?
Holstein Foundation is registered as a tax-exempt nonprofit (EIN: 237012134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holstein Foundation located?
Holstein Foundation is headquartered in Mystic, Connecticut and files with the IRS under EIN 237012134.
How many years of IRS 990 filings does Holstein Foundation have?
Holstein Foundation has 10 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 $15K in total revenue.
Filing History
IRS 990 filing history for Holstein Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Holstein Foundation's revenue has declined by 100%, moving from $14K to $1. Total assets decreased by 42.4% over the same period, from $647K to $372K. Total functional expenses rose by 2.9%, from $37K to $38K. In its most recent filing year (2023), Holstein Foundation reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $372K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $38K | $372K | $1 | — | — |
| 2022 | $1 | $29K | $411K | $1 | — | View 990 |
| 2021 | $75K | $28K | $504K | $1 | — | View 990 |
| 2020 | $1 | $23K | $458K | $1 | — | — |
| 2019 | $10K | $31K | $480K | $1 | — | — |
| 2015 | $7K | $30K | $563K | $1 | — | View 990 |
| 2014 | $5K | $31K | $586K | $1 | — | View 990 |
| 2013 | $13K | $28K | $613K | $1K | — | View 990 |
| 2012 | $13K | $34K | $627K | $1 | — | View 990 |
| 2011 | $14K | $37K | $647K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $38K, and assets of $372K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $29K, and assets of $411K (revenue -100.0% year-over-year).
- 2021: Revenue of $75K, expenses of $28K, and assets of $504K (revenue +7499900.0% year-over-year).
- 2020: Revenue of $1, expenses of $23K, and assets of $458K (revenue -100.0% year-over-year).
- 2019: Revenue of $10K, expenses of $31K, and assets of $480K (revenue +37.0% year-over-year).
- 2015: Revenue of $7K, expenses of $30K, and assets of $563K (revenue +56.1% year-over-year).
- 2014: Revenue of $5K, expenses of $31K, and assets of $586K (revenue -65.1% year-over-year).
- 2013: Revenue of $13K, expenses of $28K, and assets of $613K (revenue +0.1% year-over-year).
- 2012: Revenue of $13K, expenses of $34K, and assets of $627K (revenue -7.5% year-over-year).
- 2011: Revenue of $14K, expenses of $37K, and assets of $647K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holstein Foundation:
Data Sources and Methodology
This transparency report for Holstein 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.