Holsten Human Capital Development Nfp
Holsten Human Capital Development Nfp maintains stable assets with fluctuating revenue and no reported officer compensation.
EIN: 10908221 · Chicago, IL · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $8.4M |
| Transparency Score | 85/100 |
Is Holsten Human Capital Development Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holsten Human Capital Development Nfp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holsten Human Capital Development Nfp
Holsten Human Capital Development Nfp (EIN: 10908221) is a nonprofit organization based in Chicago, IL, classified under NTEE code P40. The organization reported total revenue of $2.3M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holsten Human Capital Development Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holsten Human Capital Development Nfp is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$10K |
| Total Assets | $8.8M |
| Total Liabilities | $403K |
| Net Assets | $8.4M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 52.2 months |
Financial Health Grade: A
In 2023, Holsten Human Capital Development Nfp reported a surplus of $10K with revenue exceeding expenses, holds 52.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holsten Human Capital Development Nfp's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.8% | +4.0% | +0.6% |
| 2022 | -84.0% | -75.1% | -18.5% |
| 2021 | +626.4% | +316.0% | +41.1% |
| 2020 | -0.9% | +19.5% | -4.1% |
| 2019 | -2.1% | -7.3% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Holsten Human Capital Development Nfp 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Holsten Human Capital Development Nfp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to its mission.
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 Holsten Human Capital Development Nfp's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
- Operating deficits in several years (e.g., 2022, 2020, 2019, 2018, 2016, 2014) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Holsten Human Capital Development Nfp:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission-focused spending.
- Strong and stable asset base, consistently above $7 million in recent years, providing financial resilience.
- Low liabilities relative to assets, suggesting good financial health and management of debt.
Frequently Asked Questions about Holsten Human Capital Development Nfp
Is Holsten Human Capital Development Nfp a legitimate charity?
Holsten Human Capital Development Nfp (EIN: 10908221) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Holsten Human Capital Development Nfp spend its money?
Holsten Human Capital Development Nfp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Holsten Human Capital Development Nfp tax-deductible?
Holsten Human Capital Development Nfp is registered as a tax-exempt nonprofit (EIN: 10908221). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holsten Human Capital Development Nfp's spending goes to programs?
Holsten Human Capital Development Nfp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Holsten Human Capital Development Nfp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Holsten Human Capital Development Nfp is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holsten Human Capital Development Nfp located?
Holsten Human Capital Development Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 10908221. It is classified under NTEE code P40.
How many years of IRS 990 filings does Holsten Human Capital Development Nfp have?
Holsten Human Capital Development Nfp 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 $2.3M in total revenue.
What caused the significant revenue spikes in 2015 and 2021?
The provided data shows revenue spikes to $9,755,469 in 2015 and $10,937,885 in 2021. Further investigation into the specific grants or large donations received in those years would be necessary to understand the cause.
How does the organization manage its expenses during periods of lower revenue?
In periods like 2022, revenue was $1,749,881 while expenses were $1,956,765, indicating a deficit. The organization appears to manage these deficits by drawing from its substantial asset base, which was $8,788,541 in 2022.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not detail the specific breakdown of expenses into program, administrative, and fundraising categories. A full 990 form would be needed for this analysis.
Filing History
IRS 990 filing history for Holsten Human Capital Development Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holsten Human Capital Development Nfp's revenue has grown by 231.8%, moving from $616K to $2.0M. Total assets increased by 7050.8% over the same period, from $124K to $8.8M. Total functional expenses rose by 308.4%, from $498K to $2.0M. In its most recent filing year (2023), Holsten Human Capital Development Nfp reported a surplus of $10K, with revenue exceeding expenses. The organization holds $403K in liabilities against $8.8M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $8.8M | $403K | — | — |
| 2022 | $1.7M | $2.0M | $8.8M | $359K | — | View 990 |
| 2021 | $10.9M | $7.9M | $10.8M | $237K | — | View 990 |
| 2020 | $1.5M | $1.9M | $7.6M | $211K | — | — |
| 2019 | $1.5M | $1.6M | $8.0M | $155K | — | View 990 |
| 2018 | $1.6M | $1.7M | $8.1M | $182K | — | View 990 |
| 2017 | $1.5M | $1.5M | $8.2M | $179K | — | View 990 |
| 2016 | $1.8M | $2.0M | $8.2M | $206K | — | View 990 |
| 2015 | $9.8M | $1.8M | $8.4M | $135K | — | View 990 |
| 2014 | $865K | $1.0M | $414K | $113K | — | View 990 |
| 2013 | $916K | $968K | $531K | $52K | — | View 990 |
| 2012 | $1.2M | $759K | $534K | $3K | — | View 990 |
| 2011 | $616K | $498K | $124K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $8.8M (revenue +16.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.0M, and assets of $8.8M (revenue -84.0% year-over-year).
- 2021: Revenue of $10.9M, expenses of $7.9M, and assets of $10.8M (revenue +626.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.9M, and assets of $7.6M (revenue -0.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $8.0M (revenue -2.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.7M, and assets of $8.1M (revenue +4.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $8.2M (revenue -18.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $2.0M, and assets of $8.2M (revenue -81.5% year-over-year).
- 2015: Revenue of $9.8M, expenses of $1.8M, and assets of $8.4M (revenue +1027.8% year-over-year).
- 2014: Revenue of $865K, expenses of $1.0M, and assets of $414K (revenue -5.5% year-over-year).
- 2013: Revenue of $916K, expenses of $968K, and assets of $531K (revenue -21.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $759K, and assets of $534K (revenue +89.3% year-over-year).
- 2011: Revenue of $616K, expenses of $498K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holsten Human Capital Development Nfp:
Data Sources and Methodology
This transparency report for Holsten Human Capital Development Nfp 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.