Holy Cross Education Foundation
EIN: 270626278 · Plymouth, MN · NTEE: B122
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $197K |
| Net Assets | $928K |
Is Holy Cross Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Cross Education Foundation
Holy Cross Education Foundation (EIN: 270626278) is a nonprofit organization based in Plymouth, MN, classified under NTEE code B122. The organization reported total revenue of $401K and total assets of $645K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Cross Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Cross Education Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $197K |
| Surplus / Deficit | +$165K |
| Total Assets | $928K |
| Net Assets | $928K |
| Operating Margin | 45.6% |
| Months of Reserves | 56.6 months |
Financial Health Grade: A
In 2023, Holy Cross Education Foundation reported a surplus of $165K with revenue exceeding expenses, holds 56.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Holy Cross Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | -15.1% | +21.6% |
| 2022 | -10.4% | -27.1% | +25.9% |
| 2021 | +37.3% | +64.7% | +23.6% |
| 2020 | -28.1% | -21.1% | +33.5% |
| 2019 | +119.6% | +27.4% | +113.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Cross Education 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 Holy Cross Education 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 surplus of $165K, with revenue exceeding expenses.
Frequently Asked Questions about Holy Cross Education Foundation
Is Holy Cross Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Holy Cross Education Foundation (EIN: 270626278) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holy Cross Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Holy Cross Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Holy Cross Education Foundation tax-deductible?
Holy Cross Education Foundation is registered as a tax-exempt nonprofit (EIN: 270626278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Cross Education Foundation located?
Holy Cross Education Foundation is headquartered in Plymouth, Minnesota and files with the IRS under EIN 270626278. It is classified under NTEE code B122.
How many years of IRS 990 filings does Holy Cross Education Foundation have?
Holy Cross Education Foundation 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 $401K in total revenue.
Filing History
IRS 990 filing history for Holy Cross Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holy Cross Education Foundation's revenue has grown by 59.4%, moving from $227K to $362K. Total assets increased by 558.7% over the same period, from $141K to $928K. Total functional expenses rose by 53.3%, from $128K to $197K. In its most recent filing year (2023), Holy Cross Education Foundation reported a surplus of $165K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $362K | $197K | $928K | $0 | — | — |
| 2022 | $389K | $232K | $763K | $0 | — | — |
| 2021 | $434K | $318K | $606K | $0 | — | View 990 |
| 2020 | $316K | $193K | $490K | $0 | — | View 990 |
| 2019 | $440K | $245K | $367K | $0 | — | View 990 |
| 2018 | $200K | $192K | $172K | $0 | — | View 990 |
| 2017 | $154K | $189K | $166K | $2K | — | View 990 |
| 2016 | $269K | $236K | $201K | $2K | — | View 990 |
| 2015 | $196K | $214K | $168K | $2K | — | View 990 |
| 2014 | $281K | $246K | $184K | $0 | — | View 990 |
| 2013 | $213K | $170K | $150K | $0 | — | View 990 |
| 2012 | $149K | $183K | $108K | $0 | — | View 990 |
| 2011 | $227K | $128K | $141K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $362K, expenses of $197K, and assets of $928K (revenue -6.9% year-over-year).
- 2022: Revenue of $389K, expenses of $232K, and assets of $763K (revenue -10.4% year-over-year).
- 2021: Revenue of $434K, expenses of $318K, and assets of $606K (revenue +37.3% year-over-year).
- 2020: Revenue of $316K, expenses of $193K, and assets of $490K (revenue -28.1% year-over-year).
- 2019: Revenue of $440K, expenses of $245K, and assets of $367K (revenue +119.6% year-over-year).
- 2018: Revenue of $200K, expenses of $192K, and assets of $172K (revenue +29.8% year-over-year).
- 2017: Revenue of $154K, expenses of $189K, and assets of $166K (revenue -42.6% year-over-year).
- 2016: Revenue of $269K, expenses of $236K, and assets of $201K (revenue +37.0% year-over-year).
- 2015: Revenue of $196K, expenses of $214K, and assets of $168K (revenue -30.1% year-over-year).
- 2014: Revenue of $281K, expenses of $246K, and assets of $184K (revenue +32.0% year-over-year).
- 2013: Revenue of $213K, expenses of $170K, and assets of $150K (revenue +42.4% year-over-year).
- 2012: Revenue of $149K, expenses of $183K, and assets of $108K (revenue -34.2% year-over-year).
- 2011: Revenue of $227K, expenses of $128K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Cross Education Foundation:
Data Sources and Methodology
This transparency report for Holy Cross Education 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.