Civic Intelligence

Holland Christian Education Foundation

990 • Fiscal year 2017 • EIN 38-2885151

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

Organization Profilewww.hollandchristian.org
956 Ottawa AvenueHolland, MI 49423

(616) 820-2805

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.08x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

66th percentile

9.5%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

41%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$10,882,474

Up $940,703 (+9.5%) from 2016

Net Assets

Up

$10,795,178

Up $945,051 (+9.6%) from 2016

Liabilities

Down

$87,296

Down $4,348 (-4.7%) from 2016

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin89th percentile

Revenue

Up

$1,087,779

Up $318,483 (+41%) from 2016

Expenses

Up

$621,280

Up $43,024 (+7.4%) from 2016

Net Income

Up

$466,499

Up $275,459 (+144%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $7,570,763Liabilities 2010: $164,557Net Assets 2010: $7,406,2062010Assets 2011: $8,721,191Liabilities 2011: $154,805Net Assets 2011: $8,566,3862011Assets 2012: $8,493,030Liabilities 2012: $128,276Net Assets 2012: $8,364,7542012Assets 2013: $9,489,393Liabilities 2013: $118,010Net Assets 2013: $9,371,3832013Assets 2014: $10,832,135Liabilities 2014: $136,658Net Assets 2014: $10,695,4772014Assets 2015: $10,331,348Liabilities 2015: $101,734Net Assets 2015: $10,229,6142015Assets 2016: $9,941,771Liabilities 2016: $91,644Net Assets 2016: $9,850,1272016Assets 2017: $10,882,474Liabilities 2017: $87,296Net Assets 2017: $10,795,1782017Assets 2018: $11,232,328Liabilities 2018: $61,747Net Assets 2018: $11,170,5812018Assets 2019: $11,470,554Liabilities 2019: $52,487Net Assets 2019: $11,418,0672019Assets 2020: $11,652,343Liabilities 2020: $48,799Net Assets 2020: $11,603,5442020Assets 2021: $14,795,832Liabilities 2021: $35,021Net Assets 2021: $14,760,8112021Assets 2022: $13,547,779Liabilities 2022: $27,710Net Assets 2022: $13,520,0692022Assets 2023: $15,449,096Liabilities 2023: $25,594Net Assets 2023: $15,423,5022023Assets 2024: $17,948,665Liabilities 2024: $24,058Net Assets 2024: $17,924,6072024Assets 2025: $19,899,987Liabilities 2025: $10,424Net Assets 2025: $19,889,5632025

Highlighted filing

2017

Assets$10,882,474
Liabilities$87,296
Net Assets$10,795,178
Open 2017 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $494,8252010Revenue 2011: $558,829Expenses 2011: $471,129Net Income 2011: $87,7002011Expenses 2012: $476,5582012Revenue 2013: $1,071,074Expenses 2013: $485,571Net Income 2013: $585,5032013Revenue 2014: $1,012,374Expenses 2014: $521,732Net Income 2014: $490,6422014Revenue 2015: $869,199Expenses 2015: $550,100Net Income 2015: $319,0992015Revenue 2016: $769,296Expenses 2016: $578,256Net Income 2016: $191,0402016Revenue 2017: $1,087,779Expenses 2017: $621,280Net Income 2017: $466,4992017Revenue 2018: $1,415,737Expenses 2018: $641,018Net Income 2018: $774,7192018Revenue 2019: $891,129Expenses 2019: $607,183Net Income 2019: $283,9462019Revenue 2020: $585,623Expenses 2020: $615,589Net Income 2020: -$29,9662020Revenue 2021: $1,148,474Expenses 2021: $642,890Net Income 2021: $505,5842021Revenue 2022: $1,953,797Expenses 2022: $666,960Net Income 2022: $1,286,8372022Revenue 2023: $1,509,003Expenses 2023: $707,495Net Income 2023: $801,5082023Revenue 2024: $1,657,610Expenses 2024: $763,069Net Income 2024: $894,5412024Revenue 2025: $1,685,150Expenses 2025: $794,008Net Income 2025: $891,1422025

Highlighted filing

2017

Revenue$1,087,779
Expenses$621,280
Net Income$466,499
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$1,230,810
Mission and Program Overview

Mission

To solicit, receive, hold, invest, and administer funds for the exclusive benefit of the holland christian education society.

Provide financial support to Holland Christian Schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,900,609$8,668,287▲ $767,678
Investments Other Securities$1,917,743$2,029,874▲ $112,131
Savings and Temporary Cash Investments$4,176$57,068▲ $52,892
Pledges and Grants Receivable-$510-
Total Assets$9,941,771$10,882,474▲ $940,703
Other Assets Total$119,243$126,735▲ $7,492
Liabilities
Accounts Payable and Accrued Expenses$71,644$67,296▼ $4,348
Other Liabilities$20,000$20,000→ $0
Total Liabilities$91,644$87,296▼ $4,348
Net Assets / Fund Balance
Permanently Rstr Net Assets$9,572,972$10,089,009▲ $516,037
Temporarily Rstr Net Assets$277,132$706,169▲ $429,037
Unrestricted Net Assets$23$0▼ $23
Total Net Assets Fund Balance$9,850,127$10,795,178▲ $945,051
Total Liabilities and Net Assets / Fund Balance$9,941,771$10,882,474▲ $940,703

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,029,874--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$9,850,104$531,650▲ $1,034,681$511,640$10,795,178
2016$10,229,614$557,000▼ $358,254$472,786$9,850,104
2015$10,695,477$299,436▼ $249,344$439,640$10,229,614
2014$9,371,383$337,589▲ $1,475,587$406,885$10,695,477
2013$8,364,754$242,635▲ $1,219,514$374,689$9,371,383
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Dave NienhuisPresident
Kurt DykemaVice President
David HuismanBoard Member
Haans MulderBoard Member
John FaberBoard Member
Kristi HillBoard Member
Paul SterembergBoard Member
Mike GoorhouseSecretary
Doug BrinkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$531,650
Program Service Revenue
$0
Investment Income
$556,129
Other Revenue
$0
All Other Contributions
$531,650
Change in Net Assets
$466,499

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,087,779
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$478,552
Total Revenue per Audited Statements
$1,566,331
Total Revenue per Form 990
$1,087,779
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$511,640
Other Expenses$79,640
Salaries, Compensation, and Employee Benefits$30,000
Total Fundraising Expense$18,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$511,640--$511,640
Fees for Service Investment Mgmnt Fees-$33,030-$33,030
Comp Disqual Persons-$30,000-$30,000
Advertising--$13,306$13,306
Other Expenses-$4,957$5,294$4,957
Fees for Services Accounting-$4,725-$4,725
Insurance-$2,913-$2,913
Interest-$1,200-$1,200
Office Expenses-$1,160-$1,160
Total Functional Expenses$511,640$91,040$18,600$621,280

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$621,280
Total Expenses per Audited Statements$621,280
Total Expenses per Form 990$621,280
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Holland Christian Education SocietyHolland, MI501(c)(3)Financial support for the education of students in grades K-12.$511,640
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Revocable Gift Agreements$20,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The Form 990 is prepared and reviewed by an independent Certified Public Accounting Firm. The return is also reviewed in detail by selected management team members. The Form 990 is then provided to the entire governing board prior to filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“The organization's process is for board members and officers to annually sign and complete conflict of interest statements which are reviewed by the Executive Committee. If a conflict were to arise, the individual would abstain from voting.”

Form 990, Part VI, Section B, line 15

“The organization does not compensate any officers or key employees. Therefore, these questions were answered no in accordance with the instructions.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Holland Christian Education Foundation
EIN
38-2885151
Phone
6168202805
Address
956 Ottawa Avenue, Holland, MI 49423

Signing Officer

Name
Kurt Dykema
Title
President
Phone
6168202805
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Dykema
Formed
1989
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Capin Crouse LLP
Address
972 Emerson Parkway Ste A, Greenwood, IN 46143
Preparer
Francis K Brown II
Phone
3178852620
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in cash surrender value of life insurance 7,492. Change in value of annuities 4,348.”

Form 990, Part XII, Line 2C:

“The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”

Form 990, Part V, line 2A and Part IX, line 7:

“Compensation reported on Form 990 Part IX, Line 7 is for reimbursement of compensation to Holland Education Christian Society (the School) for School employees who also work part-time for the Foundation.”

Financial Statement Notes

Part V, Line 4:

“The organization's policy is to use investment income to provide tuition relief for families who attend Holland Christian Educational Society.”

Part XI, Line 2D - Other Adjustments:

“Change in cash surrender value of life insurance 7,492. Change in value of annuities 4,348.”

Raw XML AppendixShowing 400 of 506 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0191040
IRS990/PYSalariesCompEmpBnftPaidAmt030000
IRS990/PYTotalExpensesAmt0578256
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0769296
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0466499
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04176
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057068
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381416520
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0511640
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Holland Christian Educational Society
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0511640
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0109617
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt09850104
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0531650
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010795178
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01034681
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0511640
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0105470
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010229614
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0557000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt09850104
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-358254
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0472786
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt076315
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010695477
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0299436
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010229614
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-249344
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0439640
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt082197
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09371383
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0337589
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010695477
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01475587
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0406885
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt080831
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08364754
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0242635
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09371383
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01219514
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0374689
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0621280
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0466712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Revocable Gift Agreements
IRS990ScheduleD/OtherRevenueAmt011840
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02029874
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Hedge funds
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93460
IRS990ScheduleD/RevenueNotReportedAmt0478552
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01087779
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization's policy is to use investment income to provide tuition relief for families who attend Holland Christian Educational Society.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Change in cash surrender value of life insurance 7,492. Change in value of annuities 4,348.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06540
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt02029874
IRS990ScheduleD/TotalExpensesPerForm990Amt0621280
IRS990ScheduleD/TotalLiabilityAmt020000
IRS990ScheduleD/TotalRevenuePerForm990Amt01087779
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01566331
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0621280
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0511640
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Financial support for the education of students in grades K-12.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Holland Christian Education Society
IRS990ScheduleI/RecipientTable/RecipientEIN0381416520
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0956 Ottawa Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Holland
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049423
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Financial aid is disbursed to Holland Christian Education Society (HCES) based on the general criteria for institutional financial aid. The organization relies on the HCES board of directors to monitor the use of funds and ensure they are used for their intended purpose.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared and reviewed by an independent Certified Public Accounting Firm. The return is also reviewed in detail by selected management team members. The Form 990 is then provided to the entire governing board prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's process is for board members and officers to annually sign and complete conflict of interest statements which are reviewed by the Executive Committee. If a conflict were to arise, the individual would abstain from voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not compensate any officers or key employees. Therefore, these questions were answered no in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Change in cash surrender value of life insurance 7,492. Change in value of annuities 4,348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation reported on Form 990 Part IX, Line 7 is for reimbursement of compensation to Holland Education Christian Society (the School) for School employees who also work part-time for the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part V, line 2a and Part IX, line 7:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Holland Christian Education Society
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381416520
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education of students in grades K-12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0956 Ottawa Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Holland
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049423
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,882,474
Liabilities
$87,296
Net assets
$10,795,178
Revenue
$1,087,779
Expenses
$621,280
Net income
$466,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.9$0.01$19.9$1.69$0.79$0.89
2024Detailed filing. Detailed filing data is available for this year.$17.9$0.02$17.9$1.66$0.76$0.89
2023Detailed filing. Detailed filing data is available for this year.$15.4$0.03$15.4$1.51$0.71$0.80
2022Detailed filing. Detailed filing data is available for this year.$13.5$0.03$13.5$1.95$0.67$1.29
2021Detailed filing. Detailed filing data is available for this year.$14.8$0.04$14.8$1.15$0.64$0.51
2020Detailed filing. Detailed filing data is available for this year.$11.7$0.05$11.6$0.59$0.62$0.03
2019Detailed filing. Detailed filing data is available for this year.$11.5$0.05$11.4$0.89$0.61$0.28
2018Detailed filing. Detailed filing data is available for this year.$11.2$0.06$11.2$1.42$0.64$0.77
2017Detailed filing. Detailed filing data is available for this year.$10.9$0.09$10.8$1.09$0.62$0.47
2016Detailed filing. Detailed filing data is available for this year.$9.94$0.09$9.85$0.77$0.58$0.19
2015Detailed filing. Detailed filing data is available for this year.$10.3$0.10$10.2$0.87$0.55$0.32
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.14$10.7$1.01$0.52$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.49$0.12$9.37$1.07$0.49$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.49$0.13$8.36$0.48
2011Summary only. Only limited summary data is available for this year.$8.72$0.15$8.57$0.56$0.47$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$0.16$7.41$0.49