Holy Spirit College Inc
EIN: 452880238 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $254K |
| Net Assets | $171K |
Is Holy Spirit College Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Spirit College Inc
Holy Spirit College Inc (EIN: 452880238) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $156K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Spirit College Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Spirit College Inc is a small nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $254K |
| Surplus / Deficit | +$76K |
| Total Assets | $193K |
| Total Liabilities | $22K |
| Net Assets | $171K |
| Operating Margin | 23.1% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Holy Spirit College Inc reported a surplus of $76K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Holy Spirit College Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +208.8% | +14.8% | +85.0% |
| 2022 | -30.8% | +2.4% | -52.1% |
| 2021 | -56.0% | -4.9% | -22.2% |
| 2020 | +219.6% | -42.9% | +40.0% |
| 2019 | -82.7% | -2.8% | -56.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Spirit College Inc 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 Spirit College Inc 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 $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Holy Spirit College Inc
Is Holy Spirit College Inc a legitimate charity?
Holy Spirit College Inc (EIN: 452880238) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. Financial health grade: A.
How does Holy Spirit College Inc spend its money?
Holy Spirit College Inc reported $156K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holy Spirit College Inc tax-deductible?
Holy Spirit College Inc is registered as a tax-exempt nonprofit (EIN: 452880238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Spirit College Inc located?
Holy Spirit College Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 452880238.
How many years of IRS 990 filings does Holy Spirit College Inc have?
Holy Spirit College Inc has 12 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 $156K in total revenue.
Filing History
IRS 990 filing history for Holy Spirit College Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Holy Spirit College Inc's revenue has declined by 70.9%, moving from $1.1M to $330K. Total assets decreased by 63.3% over the same period, from $524K to $193K. Total functional expenses fell by 60.6%, from $645K to $254K. In its most recent filing year (2023), Holy Spirit College Inc reported a surplus of $76K, with revenue exceeding expenses. The organization holds $22K in liabilities against $193K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $254K | $193K | $22K | — | View 990 |
| 2022 | $107K | $221K | $104K | $9K | — | — |
| 2021 | $154K | $216K | $217K | $7K | — | View 990 |
| 2020 | $351K | $227K | $279K | $8K | — | View 990 |
| 2019 | $110K | $398K | $199K | $50K | — | View 990 |
| 2018 | $634K | $409K | $454K | $13K | — | View 990 |
| 2017 | $29K | $245K | $281K | $64K | — | View 990 |
| 2016 | $63K | $140K | $433K | $201 | — | View 990 |
| 2015 | $312K | $143K | $513K | $2K | — | View 990 |
| 2014 | $163K | $288K | $357K | $15K | — | View 990 |
| 2013 | $588K | $564K | $468K | $1K | — | View 990 |
| 2011 | $1.1M | $645K | $524K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $254K, and assets of $193K (revenue +208.8% year-over-year).
- 2022: Revenue of $107K, expenses of $221K, and assets of $104K (revenue -30.8% year-over-year).
- 2021: Revenue of $154K, expenses of $216K, and assets of $217K (revenue -56.0% year-over-year).
- 2020: Revenue of $351K, expenses of $227K, and assets of $279K (revenue +219.6% year-over-year).
- 2019: Revenue of $110K, expenses of $398K, and assets of $199K (revenue -82.7% year-over-year).
- 2018: Revenue of $634K, expenses of $409K, and assets of $454K (revenue +2112.9% year-over-year).
- 2017: Revenue of $29K, expenses of $245K, and assets of $281K (revenue -54.5% year-over-year).
- 2016: Revenue of $63K, expenses of $140K, and assets of $433K (revenue -79.8% year-over-year).
- 2015: Revenue of $312K, expenses of $143K, and assets of $513K (revenue +91.7% year-over-year).
- 2014: Revenue of $163K, expenses of $288K, and assets of $357K (revenue -72.4% year-over-year).
- 2013: Revenue of $588K, expenses of $564K, and assets of $468K (revenue -48.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $645K, and assets of $524K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Spirit College Inc:
Data Sources and Methodology
This transparency report for Holy Spirit College 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.