Hollman Family Foundation Inc

Nonprofit profile at a glance

EIN
851741681
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Irving, TX, USA
Phone
2149084880
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$20,000
Expenses
$11,861
Assets
$8,487

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • TRAVIS HOLLMAN (DIRECTOR)
  • STEPHANIE HOLLMAN (DIRECTOR)
  • SUSAN HAYS (DIRECTOR)

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

Our mission is to positively impact the community and break the poverty cycle. The hollman family foundation focuses on strengthening community impact by improving school facilities in need, providing free continued educational opportunities, and encouraging positive mental health and well-being.

What it reported doing in 2024

Strengthening community impact by improving school facilities in need, providing free continued educational opportunities, and encouraging positive mental health and well-being.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50%; rating input score 50
  • Program expense ratio: 84.3%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 40.7%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -31.9% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -28.6% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 50% of revenue deployed · 84.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 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 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.