Holstein Foundation Inc
Holstein Foundation: Strong Asset Growth, but Transparency Lacking on Program Details
EIN: 222990672 · Brattleboro, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $203K |
| Program Spending | 70% |
| Net Assets | $9.8M |
| Transparency Score | 75/100 |
Is Holstein Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holstein Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Holstein Foundation Inc
Holstein Foundation Inc (EIN: 222990672) is a nonprofit organization based in Brattleboro, VT. The organization reported total revenue of $2.5M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holstein Foundation Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $674K |
| Total Expenses | $203K |
| Surplus / Deficit | +$471K |
| Total Assets | $9.9M |
| Total Liabilities | $88K |
| Net Assets | $9.8M |
| Operating Margin | 69.9% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 585.0 months |
Financial Health Grade: A
In 2023, Holstein Foundation Inc reported a surplus of $471K with revenue exceeding expenses, holds 585.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holstein Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +126.3% | +7.9% | +13.5% |
| 2022 | -82.5% | +113.0% | -15.1% |
| 2021 | +230.3% | -45.7% | +13.5% |
| 2020 | +6.4% | -17.8% | +12.5% |
| 2019 | -38.2% | +0.3% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holstein Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Holstein Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $471K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further investigation into specific IRS Form 990 filings for individual salaries.
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 Holstein Foundation Inc's IRS 990 filings:
- Lack of detailed program descriptions and impact reporting on their public platforms.
- Spending breakdown requires inference from tax forms rather than clear organizational reporting.
Strengths
The following positive indicators were identified for Holstein Foundation Inc:
- Consistent growth in assets, reaching $10,889,564 in 2023.
- Healthy revenue streams, with $2,517,525 reported in 2023.
- Low liability relative to assets, indicating financial stability.
Frequently Asked Questions about Holstein Foundation Inc
Is Holstein Foundation Inc a legitimate charity?
Holstein Foundation Inc (EIN: 222990672) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Holstein Foundation Inc spend its money?
Holstein Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Holstein Foundation Inc tax-deductible?
Holstein Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222990672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holstein Foundation Inc's spending goes to programs?
Holstein Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Holstein Foundation Inc located?
Holstein Foundation Inc is headquartered in Brattleboro, Vermont and files with the IRS under EIN 222990672.
How many years of IRS 990 filings does Holstein Foundation Inc have?
Holstein Foundation Inc 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 $2.5M in total revenue.
What does Holstein Foundation Inc do?
Holstein Foundation Inc is a nonprofit organization in the Unknown sector, located in Brattleboro, Vermont. It is classified under NTEE code Unknown.
How much revenue does Holstein Foundation Inc have?
Holstein Foundation Inc reported total revenue of $2,517,525. Based on 13 IRS 990 filings on record.
What are Holstein Foundation Inc's total assets?
Holstein Foundation Inc holds total assets of $10,889,564 as reported in IRS 990 filings.
Where is Holstein Foundation Inc located?
Holstein Foundation Inc is based in Brattleboro, Vermont.
What is Holstein Foundation Inc's EIN?
Holstein Foundation Inc's Employer Identification Number (EIN) is 222990672. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Holstein Foundation Inc?
Holstein Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Holstein Foundation Inc a registered 501(c)(3)?
Holstein Foundation Inc appears in IRS records (EIN: 222990672). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Holstein Foundation Inc file IRS Form 990?
Yes, Holstein Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Holstein Foundation Inc's revenue in 2023?
In the 202312 filing period, Holstein Foundation Inc reported total revenue of $674,143, total expenses of $202,925, and net assets of $9,892,474.
Is Holstein Foundation Inc's revenue growing or declining?
Holstein Foundation Inc's revenue is growing. Revenue went from $297,840 (202212) to $674,143 (202312), a +126.3% change. Based on 13 filings on record.
What is Holstein Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Holstein Foundation Inc covers tax period 202312. It shows revenue of $674,143, expenses of $202,925, total assets of $9,892,474, and liabilities of $88,474.
How much does Holstein Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Holstein Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Holstein Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Holstein Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Holstein Foundation Inc?
The following concerns were identified: Lack of detailed program descriptions and impact reporting on their public platforms.. Spending breakdown requires inference from tax forms rather than clear organizational reporting.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Holstein Foundation Inc's strengths?
Positive indicators for Holstein Foundation Inc include: Consistent growth in assets, reaching $10,889,564 in 2023.. Healthy revenue streams, with $2,517,525 reported in 2023.. Low liability relative to assets, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Holstein Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further investigation into specific IRS Form 990 filings for individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset growth, how does the Holstein Foundation plan to leverage these assets to expand its mission-related programs and impact?
While assets have grown substantially, the public information does not clearly articulate a strategy for deploying these increased resources into new or expanded programs, suggesting a potential area for enhanced communication.
What specific programs or initiatives are supported by the 'r' (revenue) figures, and what are their measurable outcomes?
The provided data shows revenue figures but lacks specific program names or descriptions that directly correlate to these funds, making it challenging to assess the direct impact of their financial inflows.
Filing History
IRS 990 filing history for Holstein Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holstein Foundation Inc's revenue has grown by 182.6%, moving from $239K to $674K. Total assets increased by 101.6% over the same period, from $4.9M to $9.9M. Total functional expenses rose by 39%, from $146K to $203K. In its most recent filing year (2023), Holstein Foundation Inc reported a surplus of $471K, with revenue exceeding expenses. The organization holds $88K in liabilities against $9.9M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $674K | $203K | $9.9M | $88K | — | — |
| 2022 | $298K | $188K | $8.7M | $52K | — | View 990 |
| 2021 | $1.7M | $88K | $10.3M | $75K | — | View 990 |
| 2020 | $514K | $163K | $9.0M | $41K | — | — |
| 2019 | $483K | $198K | $8.0M | $53K | — | View 990 |
| 2018 | $781K | $197K | $6.8M | $61K | — | View 990 |
| 2017 | $314K | $198K | $7.2M | $56K | — | View 990 |
| 2016 | $356K | $185K | $6.3M | $29K | — | View 990 |
| 2015 | $607K | $187K | $6.0M | $18K | — | View 990 |
| 2014 | $816K | $157K | $6.3M | $32K | — | View 990 |
| 2013 | $303K | $158K | $6.1M | $15K | — | View 990 |
| 2012 | $324K | $152K | $5.5M | $29K | — | View 990 |
| 2011 | $239K | $146K | $4.9M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $674K, expenses of $203K, and assets of $9.9M (revenue +126.3% year-over-year).
- 2022: Revenue of $298K, expenses of $188K, and assets of $8.7M (revenue -82.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $88K, and assets of $10.3M (revenue +230.3% year-over-year).
- 2020: Revenue of $514K, expenses of $163K, and assets of $9.0M (revenue +6.4% year-over-year).
- 2019: Revenue of $483K, expenses of $198K, and assets of $8.0M (revenue -38.2% year-over-year).
- 2018: Revenue of $781K, expenses of $197K, and assets of $6.8M (revenue +148.6% year-over-year).
- 2017: Revenue of $314K, expenses of $198K, and assets of $7.2M (revenue -11.8% year-over-year).
- 2016: Revenue of $356K, expenses of $185K, and assets of $6.3M (revenue -41.4% year-over-year).
- 2015: Revenue of $607K, expenses of $187K, and assets of $6.0M (revenue -25.5% year-over-year).
- 2014: Revenue of $816K, expenses of $157K, and assets of $6.3M (revenue +169.3% year-over-year).
- 2013: Revenue of $303K, expenses of $158K, and assets of $6.1M (revenue -6.6% year-over-year).
- 2012: Revenue of $324K, expenses of $152K, and assets of $5.5M (revenue +35.9% year-over-year).
- 2011: Revenue of $239K, expenses of $146K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holstein Foundation Inc:
Data Sources and Methodology
This transparency report for Holstein 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.