Terri & Verne Holoubek Family Foundation Inc
Terri & Verne Holoubek Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 204002202 · Hartford, WI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $173K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4.5 |
| Net Assets | $4.7M |
| Transparency Score | 90/100 |
Is Terri & Verne Holoubek Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Terri & Verne Holoubek Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Terri & Verne Holoubek Family Foundation Inc
Terri & Verne Holoubek Family Foundation Inc (EIN: 204002202) is a nonprofit organization based in Hartford, WI, classified under NTEE code T20. The organization reported total revenue of $1.7M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Terri & Verne Holoubek Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Terri & Verne Holoubek Family Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $173K |
| Surplus / Deficit | $-15,464 |
| Total Assets | $4.7M |
| Total Liabilities | $500 |
| Net Assets | $4.7M |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 323.1 months |
Financial Health Grade: B
In 2023, Terri & Verne Holoubek Family Foundation Inc reported a deficit of $15K with expenses exceeding revenue, holds 323.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Terri & Verne Holoubek Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.0% | -49.4% | -0.3% |
| 2022 | +69.1% | +22.3% | +2.5% |
| 2021 | +161.9% | -19.8% | -2.6% |
| 2020 | -58.1% | +7.2% | -6.7% |
| 2019 | -43.3% | +12.8% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Terri & Verne Holoubek Family Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Terri & Verne Holoubek Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly efficient for an organization with assets around $4.5 million.
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.
Strengths
The following positive indicators were identified for Terri & Verne Holoubek Family Foundation Inc:
- Consistent zero officer compensation, indicating high efficiency and dedication.
- Stable asset base over a decade, demonstrating financial resilience.
- Very low liabilities, suggesting sound financial management.
- As a private foundation, its primary function is grantmaking, implying direct program support.
Frequently Asked Questions about Terri & Verne Holoubek Family Foundation Inc
Is Terri & Verne Holoubek Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Terri & Verne Holoubek Family Foundation Inc (EIN: 204002202) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Terri & Verne Holoubek Family Foundation Inc spend its money?
Terri & Verne Holoubek Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Terri & Verne Holoubek Family Foundation Inc tax-deductible?
Terri & Verne Holoubek Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204002202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Terri & Verne Holoubek Family Foundation Inc CEO make?
Terri & Verne Holoubek Family Foundation Inc's highest-compensated officer earns $4.5 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Terri & Verne Holoubek Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Terri & Verne Holoubek Family 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 Terri & Verne Holoubek Family Foundation Inc located?
Terri & Verne Holoubek Family Foundation Inc is headquartered in Hartford, Wisconsin and files with the IRS under EIN 204002202. It is classified under NTEE code T20.
How many years of IRS 990 filings does Terri & Verne Holoubek Family Foundation Inc have?
Terri & Verne Holoubek Family 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 $1.7M in total revenue.
Is Terri & Verne Holoubek Family Foundation Inc a good charity?
Based on the provided data, the foundation appears to be a well-managed private grantmaking entity. It maintains stable assets, minimal liabilities, and consistently reports zero officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does the foundation manage its administrative costs?
The foundation demonstrates excellent control over administrative costs, particularly by reporting 0% officer compensation across all available filings. This indicates that leadership is likely unpaid, minimizing overhead.
What is the trend in the foundation's assets?
The foundation's assets have remained relatively stable over the past decade, fluctuating between approximately $4.5 million and $5.1 million. For example, assets were $5,137,966 in 2011 and $4,655,749 in 2023.
Filing History
IRS 990 filing history for Terri & Verne Holoubek Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Terri & Verne Holoubek Family Foundation Inc's revenue has grown by 0.9%, moving from $156K to $157K. Total assets decreased by 9.4% over the same period, from $5.1M to $4.7M. Total functional expenses fell by 37.7%, from $278K to $173K. In its most recent filing year (2023), Terri & Verne Holoubek Family Foundation Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $500 in liabilities against $4.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $173K | $4.7M | $500 | — | — |
| 2022 | $463K | $341K | $4.7M | $500 | — | View 990 |
| 2021 | $274K | $279K | $4.6M | $6K | — | View 990 |
| 2020 | $104K | $348K | $4.7M | $1 | — | View 990 |
| 2019 | $249K | $325K | $5.0M | $1 | — | — |
| 2015 | $440K | $288K | $5.0M | $0 | — | View 990 |
| 2014 | $221K | $286K | $4.9M | $0 | — | View 990 |
| 2013 | $186K | $283K | $4.9M | $0 | — | View 990 |
| 2012 | $194K | $315K | $5.0M | $0 | — | View 990 |
| 2011 | $156K | $278K | $5.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $173K, and assets of $4.7M (revenue -66.0% year-over-year).
- 2022: Revenue of $463K, expenses of $341K, and assets of $4.7M (revenue +69.1% year-over-year).
- 2021: Revenue of $274K, expenses of $279K, and assets of $4.6M (revenue +161.9% year-over-year).
- 2020: Revenue of $104K, expenses of $348K, and assets of $4.7M (revenue -58.1% year-over-year).
- 2019: Revenue of $249K, expenses of $325K, and assets of $5.0M (revenue -43.3% year-over-year).
- 2015: Revenue of $440K, expenses of $288K, and assets of $5.0M (revenue +99.3% year-over-year).
- 2014: Revenue of $221K, expenses of $286K, and assets of $4.9M (revenue +18.8% year-over-year).
- 2013: Revenue of $186K, expenses of $283K, and assets of $4.9M (revenue -4.1% year-over-year).
- 2012: Revenue of $194K, expenses of $315K, and assets of $5.0M (revenue +24.1% year-over-year).
- 2011: Revenue of $156K, expenses of $278K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Terri & Verne Holoubek Family Foundation Inc:
Data Sources and Methodology
This transparency report for Terri & Verne Holoubek Family 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.