Holy Family Communications
Holy Family Communications reports a significant $1 million operating deficit in 2023 amid rising liabilities.
EIN: 161511190 · Williamsville, NY · NTEE: X22 · Updated: 2026-03-28
Is Holy Family Communications Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holy Family Communications directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holy Family Communications
Holy Family Communications (EIN: 161511190) is a nonprofit organization based in Williamsville, NY, classified under NTEE code X22. The organization reported total revenue of $2.1M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Family Communications'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 Holy Family Communications with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Holy Family Communications allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with over $2 million in annual revenue and suggests a volunteer-led or externally funded leadership structure.
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 Holy Family Communications's IRS 990 filings:
- Significant operating deficit in the latest filing ($1,061,495 in 202312).
- Rapid and substantial increase in liabilities from $60,383 in 202112 to $2,541,654 in 202312.
- Expenses exceeding revenue in multiple years (e.g., 202312, 201912, 201712), indicating inconsistent financial management.
- Unusually high liabilities relative to assets in the latest period (Liabilities $2,541,654 vs. Assets $5,181,062 in 202312).
Strengths
The following positive indicators were identified for Holy Family Communications:
- Consistent reporting of 0% officer compensation across all filings, indicating low executive overhead.
- Long history of IRS 990 filings (13 filings), suggesting transparency and compliance.
- Overall asset growth over the long term, from $2,980,306 in 201712 to $5,181,062 in 202312.
- Revenue consistently above $1 million, demonstrating a stable donor base.
Frequently Asked Questions about Holy Family Communications
Is Holy Family Communications a legitimate charity?
Based on AI analysis of IRS 990 filings, Holy Family Communications (EIN: 161511190) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Holy Family Communications spend its money?
Holy Family Communications directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Holy Family Communications tax-deductible?
Holy Family Communications is registered as a tax-exempt nonprofit (EIN: 161511190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Holy Family Communications financially stable?
The organization's financial stability is questionable given the $1,061,495 operating deficit in 202312 (Expenses $3,086,498 vs. Revenue $2,025,003) and the substantial increase in liabilities from $60,383 in 202112 to $2,541,654 in 202312.
Why did liabilities increase so dramatically?
Liabilities increased from $60,383 in 202112 to $2,541,654 in 202312. The specific reasons for this significant jump are not detailed in the provided summary data and would require reviewing the full 990 forms for an explanation.
How does Holy Family Communications fund its operations without officer compensation?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers or individuals compensated through other means not classified as officer compensation on the 990, or that the organization relies heavily on non-personnel expenses for its mission delivery.
What caused the large deficit in 2023?
In 202312, expenses ($3,086,498) significantly outpaced revenue ($2,025,003), leading to a deficit of over $1 million. The specific categories of expenses that increased would need to be examined in the full 990 filing.
Filing History
IRS 990 filing history for Holy Family Communications showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holy Family Communications's revenue has grown by 87.1%, moving from $1.1M to $2.0M. Total assets increased by 70.6% over the same period, from $3.0M to $5.2M. Total functional expenses rose by 123.2%, from $1.4M to $3.1M. In its most recent filing year (2023), Holy Family Communications reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $5.2M in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $3.1M | $5.2M | $2.5M | — | View 990 |
| 2022 | $1.7M | $1.8M | $6.5M | $2.8M | — | View 990 |
| 2021 | $1.6M | $1.5M | $3.8M | $60K | — | View 990 |
| 2020 | $2.0M | $1.5M | $3.7M | $30K | — | View 990 |
| 2019 | $1.5M | $1.5M | $3.2M | $5K | — | View 990 |
| 2018 | $1.9M | $1.4M | $3.2M | $29K | — | View 990 |
| 2017 | $1.1M | $1.4M | $3.0M | $61K | — | View 990 |
| 2016 | $1.2M | $1.2M | $3.2M | $59K | — | View 990 |
| 2015 | $1.3M | $1.2M | $3.2M | $63K | — | View 990 |
| 2014 | $1.3M | $1.3M | $3.1M | $147K | — | View 990 |
| 2013 | $1.9M | $1.3M | $3.6M | $635K | — | View 990 |
| 2012 | $1.3M | $1.3M | $3.1M | $816K | — | View 990 |
| 2011 | $1.1M | $1.4M | $3.0M | $769K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $3.1M, and assets of $5.2M (revenue +17.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.8M, and assets of $6.5M (revenue +9.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $3.8M (revenue -20.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.5M, and assets of $3.7M (revenue +35.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M (revenue -21.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.4M, and assets of $3.2M (revenue +64.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $3.0M (revenue -7.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $3.2M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $3.2M (revenue -4.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $3.1M (revenue -28.4% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.3M, and assets of $3.6M (revenue +43.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $3.1M (revenue +19.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.4M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Holy Family Communications 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.