Friends of Holstein Park Inc
Nonprofit profile at a glance
- EIN
- 200205647
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2012, Form 990-EZ 2024, Form 990-N 2018
- Location
- Chicago, IL, USA
- Phone
- 7733282350
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parks and Playgrounds
Reported finances
- Revenue
- $67,381
- Expenses
- $50,848
- Assets
- $63,542
- Liabilities
- $8,971
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Michael Barry (President)
- Alex Strand (Vice President)
People named in this filing
- Daniel Sandler (Ehrler Representative)
- Michael Barry (President)
- Alex Strand (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve and preserve Holstein Park, Chicago, IL
What it reported doing in 2024
Park house, playground and other related programs
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.1%; rating input score 56
- Program expense ratio: 74.3%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.5%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 37% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: -21.8% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -6.4% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 56.1% of revenue deployed · 74.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $38K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.