The Hollister Foundation
Nonprofit profile at a glance
- EIN
- 270478024
- IRS 990-EZ coverage
- 2010–2018
- Forms available
- Form 990-EZ 2018
- Location
- Parsippany, NJ, USA
- Phone
- 2018063017
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $102,686
- Expenses
- $121,721
- Assets
- $125,253
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- IAN MOUNT (President)
- CHRISTOPHER JOHNSON (Vice President)
People named in this filing
- IAN MOUNT (President)
- CHRISTOPHER JOHNSON (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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of The Hollister Foundation is to raise and distribute funds and promote awareness for childrens education and health-related programs through foundation-led initiatives.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.7%; rating input score 4
- Program expense ratio: 3.1%; rating input score 3
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 1.03; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 3.7% of revenue deployed · 3.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2010 to 2018
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Financial Efficiency: Program expense ratio scored 3/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.