James E Hollingsworth Foundation Inc
James E Hollingsworth Foundation maintains stable assets with volunteer leadership, despite fluctuating annual operating surpluses and deficits.
EIN: 202238071 · Boise, ID · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $50K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $695K |
| Transparency Score | 85/100 |
Is James E Hollingsworth Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James E Hollingsworth Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James E Hollingsworth Foundation Inc
James E Hollingsworth Foundation Inc (EIN: 202238071) is a nonprofit organization based in Boise, ID, classified under NTEE code T20. The organization reported total revenue of $290K and total assets of $731K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James E Hollingsworth Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James E Hollingsworth Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $50K |
| Surplus / Deficit | +$19K |
| Total Assets | $713K |
| Total Liabilities | $18K |
| Net Assets | $695K |
| Operating Margin | 27.7% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 170.8 months |
Financial Health Grade: A
In 2023, James E Hollingsworth Foundation Inc reported a surplus of $19K with revenue exceeding expenses, holds 170.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James E Hollingsworth Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +193.1% | -9.4% | +3.8% |
| 2022 | -23.4% | -9.2% | -4.5% |
| 2021 | +53.2% | +32.1% | -4.0% |
| 2020 | -50.0% | +16.2% | -1.8% |
| 2019 | +22.5% | -3.3% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 James E Hollingsworth Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James E Hollingsworth Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets over $700,000.
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 James E Hollingsworth Foundation Inc's IRS 990 filings:
- Inconsistent annual operating surpluses, with several years showing expenses significantly exceeding revenue.
Strengths
The following positive indicators were identified for James E Hollingsworth Foundation Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Stable asset base, consistently above $700,000, providing long-term financial security.
- Minimal liabilities, demonstrating a healthy balance sheet and low debt burden.
- Positive operating margin in the latest filing (2023: $69,295 revenue vs. $50,082 expenses).
Frequently Asked Questions about James E Hollingsworth Foundation Inc
Is James E Hollingsworth Foundation Inc a legitimate charity?
James E Hollingsworth Foundation Inc (EIN: 202238071) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $290K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does James E Hollingsworth Foundation Inc spend its money?
James E Hollingsworth Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James E Hollingsworth Foundation Inc tax-deductible?
James E Hollingsworth Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202238071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James E Hollingsworth Foundation Inc CEO make?
James E Hollingsworth Foundation Inc's highest-compensated officer earns $700,000. annually. The organization reported $290K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does James E Hollingsworth Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), James E Hollingsworth Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James E Hollingsworth Foundation Inc located?
James E Hollingsworth Foundation Inc is headquartered in Boise, Idaho and files with the IRS under EIN 202238071. It is classified under NTEE code T20.
How many years of IRS 990 filings does James E Hollingsworth Foundation Inc have?
James E Hollingsworth Foundation Inc has 10 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 $290K in total revenue.
Is the James E Hollingsworth Foundation Inc. financially stable?
Yes, the foundation appears financially stable. While annual revenues and expenses fluctuate, its assets have remained consistently strong, ranging from $712,663 to $786,675 over the past decade, indicating a solid financial base.
How efficient is the James E Hollingsworth Foundation Inc. with its spending?
The foundation demonstrates high spending efficiency, primarily due to reporting 0% officer compensation across all filings. This suggests a very low administrative overhead, allowing a greater proportion of funds to be directed towards its mission.
Does the foundation rely on its assets to cover expenses?
In some years, such as 2022 ($23,640 revenue vs. $55,273 expenses) and 2021 ($30,846 revenue vs. $60,866 expenses), expenses significantly exceeded revenue, indicating a reliance on existing assets or prior surpluses to cover operational costs.
Filing History
IRS 990 filing history for James E Hollingsworth Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James E Hollingsworth Foundation Inc's revenue has declined by 0.5%, moving from $70K to $69K. Total assets decreased by 5.8% over the same period, from $757K to $713K. Total functional expenses rose by 37.2%, from $37K to $50K. In its most recent filing year (2023), James E Hollingsworth Foundation Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $18K in liabilities against $713K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $695K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $50K | $713K | $18K | — | — |
| 2022 | $24K | $55K | $686K | $11K | — | — |
| 2021 | $31K | $61K | $719K | $12K | — | — |
| 2020 | $20K | $46K | $748K | $11K | — | — |
| 2019 | $40K | $40K | $762K | $0 | — | View 990 |
| 2015 | $33K | $41K | $779K | $0 | — | View 990 |
| 2014 | $72K | $50K | $787K | $0 | — | View 990 |
| 2013 | $54K | $49K | $765K | $0 | — | View 990 |
| 2012 | $43K | $41K | $759K | $0 | — | View 990 |
| 2011 | $70K | $37K | $757K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $50K, and assets of $713K (revenue +193.1% year-over-year).
- 2022: Revenue of $24K, expenses of $55K, and assets of $686K (revenue -23.4% year-over-year).
- 2021: Revenue of $31K, expenses of $61K, and assets of $719K (revenue +53.2% year-over-year).
- 2020: Revenue of $20K, expenses of $46K, and assets of $748K (revenue -50.0% year-over-year).
- 2019: Revenue of $40K, expenses of $40K, and assets of $762K (revenue +22.5% year-over-year).
- 2015: Revenue of $33K, expenses of $41K, and assets of $779K (revenue -54.1% year-over-year).
- 2014: Revenue of $72K, expenses of $50K, and assets of $787K (revenue +32.3% year-over-year).
- 2013: Revenue of $54K, expenses of $49K, and assets of $765K (revenue +25.0% year-over-year).
- 2012: Revenue of $43K, expenses of $41K, and assets of $759K (revenue -37.7% year-over-year).
- 2011: Revenue of $70K, expenses of $37K, and assets of $757K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James E Hollingsworth Foundation Inc:
Data Sources and Methodology
This transparency report for James E Hollingsworth 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.