Student Holdings Nfp

Nonprofit profile at a glance

EIN
821654120
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Evanston, IL, USA
Phone
9083275477
Rating
30
Verdict
REVIEW
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$124,296
Expenses
$107,941
Assets
$16,355
Liabilities
$0

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

Leadership & pay

7 people listed

People named in this filing

  • ASHTON WELCH (CHIEF EXE OFFICER)
  • AMAAN BADRUDDIN (CHAIRMAN OF THE BOA)
  • NICHOLAS SERRATELLI (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Holdings provides educational, hands-on business experiences to northwestern university undergraduate students by giving them the opportunity to launch, operate and grow services providing goods and services to the northwestern university, evanston and chicago communities. Student holdings also provides jobs and work experiences to northwestern university students. Ink tank provides custom apparel printing services to northwestern university students, student organizations and academic departments, as well as to members of the evanston and chicago communities. Through operating this business, we provide our student members practical experiences in sales, marketing, finance and operations. Rezessentials provides mini-refrigerators and other dorm essentials to northwestern university students, as well as laundry services. By providing convenient delivery and pick-up services, rezessentials eases the stresses of move-in

What it reported doing in 2024

Nu tutors provides affordable academic tutoring to elementary to high school students in the evanston and chicago communities, as well as, tutoring jobs to northwestern university students. Through operating this business, we provide our student members practical experiences in sales, marketing, finance and operations. Ink tank provides custom apparel printing services to northwestern university students, student organizations and academic departments, as well as to members of the evanston and chicago communities. Through operating this business, we provide our student members practical experiences in sales, marketing, finance and operations. Rezessentials provides mini-refrigerators and other dorm essentials to northwestern university students, as well as laundry services. By providing convenient delivery and pick-up services, resessentials eases the stresses of move-in day for students and parents. Through operating this business, we provide our student members practical experience in sales, marketing, finance and operations.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 51
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -66.7% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -51.1% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $108K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.