Roland & Ruby Holden Foundation
EIN: 421410022 · Mount Vernon, IA · NTEE: T20J
| Metric | Value |
|---|---|
| Total Revenue | $9.5M |
| Total Expenses | $1.2M |
| Net Assets | $24.5M |
Is Roland & Ruby Holden Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roland & Ruby Holden Foundation
Roland & Ruby Holden Foundation (EIN: 421410022) is a nonprofit organization based in Mount Vernon, IA, classified under NTEE code T20J. The organization reported total revenue of $9.5M and total assets of $25.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roland & Ruby Holden Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roland & Ruby Holden Foundation is a mid-size nonprofit that has been operating for 31 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $887K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-271,819 |
| Total Assets | $24.5M |
| Total Liabilities | $1 |
| Net Assets | $24.5M |
| Operating Margin | -30.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 253.3 months |
Financial Health Grade: B
In 2024, Roland & Ruby Holden Foundation reported a deficit of $272K with expenses exceeding revenue, holds 253.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Roland & Ruby Holden Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +43.6% | -16.9% | +1.0% |
| 2023 | -12.2% | +5.2% | -0.7% |
| 2022 | +21.9% | -36.0% | -0.4% |
| 2021 | -17.7% | +12.6% | -3.9% |
| 2020 | -97.5% | +13.8% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Roland & Ruby Holden 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 Roland & Ruby Holden 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $272K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Roland & Ruby Holden Foundation
Is Roland & Ruby Holden Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Roland & Ruby Holden Foundation (EIN: 421410022) insufficient data. 0 red flags identified, 0 strengths noted.
How does Roland & Ruby Holden Foundation spend its money?
Detailed spending breakdown data is not yet available for Roland & Ruby Holden Foundation. Check back for updated IRS 990 analysis.
Are donations to Roland & Ruby Holden Foundation tax-deductible?
Roland & Ruby Holden Foundation is registered as a tax-exempt nonprofit (EIN: 421410022). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Roland & Ruby Holden Foundation located?
Roland & Ruby Holden Foundation is headquartered in Mount Vernon, Iowa and files with the IRS under EIN 421410022. It is classified under NTEE code T20J.
How many years of IRS 990 filings does Roland & Ruby Holden Foundation have?
Roland & Ruby Holden Foundation has 9 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 $9.5M in total revenue.
Filing History
IRS 990 filing history for Roland & Ruby Holden Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Roland & Ruby Holden Foundation's revenue has grown by 787%, moving from $100K to $887K. Total assets increased by 8947.9% over the same period, from $270K to $24.5M. Total functional expenses rose by 472.5%, from $202K to $1.2M. In its most recent filing year (2024), Roland & Ruby Holden Foundation reported a deficit of $272K, with expenses exceeding revenue. The organization holds $1 in liabilities against $24.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $887K | $1.2M | $24.5M | $1 | — | — |
| 2023 | $618K | $1.4M | $24.2M | $1 | — | View 990 |
| 2022 | $703K | $1.3M | $24.4M | $696 | — | View 990 |
| 2021 | $577K | $2.1M | $24.5M | $1 | — | View 990 |
| 2020 | $701K | $1.8M | $25.5M | $-260 | — | View 990 |
| 2015 | $28.6M | $1.6M | $27.2M | $708 | — | View 990 |
| 2014 | $50K | $201K | $118K | $1 | — | View 990 |
| 2013 | $200K | $201K | $269K | $1 | — | View 990 |
| 2012 | $100K | $202K | $270K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $887K, expenses of $1.2M, and assets of $24.5M (revenue +43.6% year-over-year).
- 2023: Revenue of $618K, expenses of $1.4M, and assets of $24.2M (revenue -12.2% year-over-year).
- 2022: Revenue of $703K, expenses of $1.3M, and assets of $24.4M (revenue +21.9% year-over-year).
- 2021: Revenue of $577K, expenses of $2.1M, and assets of $24.5M (revenue -17.7% year-over-year).
- 2020: Revenue of $701K, expenses of $1.8M, and assets of $25.5M (revenue -97.5% year-over-year).
- 2015: Revenue of $28.6M, expenses of $1.6M, and assets of $27.2M (revenue +57063.4% year-over-year).
- 2014: Revenue of $50K, expenses of $201K, and assets of $118K (revenue -75.0% year-over-year).
- 2013: Revenue of $200K, expenses of $201K, and assets of $269K (revenue +99.9% year-over-year).
- 2012: Revenue of $100K, expenses of $202K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roland & Ruby Holden Foundation:
Data Sources and Methodology
This transparency report for Roland & Ruby Holden 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.