Civic Intelligence

Holt Brothers Foundation Inc

EIN 56-6570426 • 501(c)3 • Raleigh, NC

Raleigh, NC
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

11th percentile

-76%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-17%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$394,697

Down $61,560 (-13%) from 2023

Liabilities

Up

$117,110

Up $49,558 (+73%) from 2023

Net Assets

Down

$277,587

Down $111,118 (-29%) from 2023

Revenue

Up

$327,562

Up $71,727 (+28%) from 2023

Expenses

Up

$459,250

Up $9,045 (+2.0%) from 2023

Net Income

Up

-$131,688

Up $62,682 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $827,715Liabilities 2010: $02010Assets 2011: $747,868Liabilities 2011: $5,1162011Assets 2012: $798,797Liabilities 2012: $8,8432012Assets 2014: $703,937Liabilities 2014: $14,7662014Assets 2015: $698,848Liabilities 2015: $16,8092015Assets 2019: $673,356Liabilities 2019: $13,434Net Assets 2019: $659,9222019Assets 2020: $592,954Liabilities 2020: $43,197Net Assets 2020: $549,7572020Assets 2021: $694,041Liabilities 2021: $2,739Net Assets 2021: $691,3022021Assets 2022: $549,548Liabilities 2022: $22,233Net Assets 2022: $527,3152022Assets 2023: $456,257Liabilities 2023: $67,552Net Assets 2023: $388,7052023Assets 2024: $394,697Liabilities 2024: $117,110Net Assets 2024: $277,5872024

Highlighted filing

2024

Assets$394,697
Liabilities$117,110
Net Assets$277,587

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $669,604Expenses 2010: $252,070Net Income 2010: $417,5342010Revenue 2011: $132,339Expenses 2011: $206,468Net Income 2011: -$74,1292011Revenue 2012: $112,247Expenses 2012: $178,926Net Income 2012: -$66,6792012Revenue 2014: $193,477Expenses 2014: $260,526Net Income 2014: -$67,0492014Revenue 2015: $265,672Expenses 2015: $272,804Net Income 2015: -$7,1322015Revenue 2019: $322,914Expenses 2019: $356,693Net Income 2019: -$33,7792019Revenue 2020: $227,230Expenses 2020: $346,065Net Income 2020: -$118,8352020Revenue 2021: $152,389Expenses 2021: $106,945Net Income 2021: $45,4442021Revenue 2022: $174,352Expenses 2022: $251,836Net Income 2022: -$77,4842022Revenue 2023: $255,835Expenses 2023: $450,205Net Income 2023: -$194,3702023Revenue 2024: $327,562Expenses 2024: $459,250Net Income 2024: -$131,6882024

Highlighted filing

2024

Revenue$327,562
Expenses$459,250
Net Income-$131,688

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 23, 2025
Return Version
2023v6.0
Gross Receipts
$414,406
Mission and Program Overview

Mission

Family-centered care for kids who are impacted by a parent's cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$287,744$264,918▼ $22,826
Accounts Receivable$57,985$74,485▲ $16,500
Cash and Non-Interest-Bearing Accounts$110,528$55,294▼ $55,234
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$456,257$394,697▼ $61,560
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$67,552$117,110▲ $49,558
Other Liabilities$0$0→ $0
Total Liabilities$67,552$117,110▲ $49,558
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$388,705$277,587▼ $111,118
Total Net Assets Fund Balance$388,705$277,587▼ $111,118
Total Liabilities and Net Assets / Fund Balance$456,257$394,697▼ $61,560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth McleanExecutive DirectorFT$80,250$80,250

Board Members and Trustees

NameTitle
Drew CaffreyBoard Chair
Torry HoltPresident
Dion BennettBoard Member
Lisa SchillerBoard Member
Stacie PhillipsBoard Member
Suzanne EppsBoard Member
Carla HoltSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$236,024
Program Service Revenue
$0
Investment Income
$8,383
Other Revenue
$83,155
All Other Contributions
$200,730
Change in Net Assets
$-131,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$293,614
Salaries, Compensation, and Employee Benefits$134,157
Total Fundraising Expense$44,719
Grants and Similar Amounts Paid$31,479
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,079$36,079$36,079$108,237
Advertising$51,345--$51,345
Grants to Domestic Individuals$20,000--$20,000
Office Expenses$8,661$11,044-$19,705
Grants to Domestic Orgs$11,479--$11,479
Pension Plan Contributions$3,438$3,438$3,438$10,314
Other Salaries and Wages$2,943$2,943$2,943$8,829
Comp Disqual Persons$2,259$2,259$2,259$6,777
Fees for Services Accounting-$5,215-$5,215
Conferences and Meetings$4,750--$4,750
Other Expenses$2,300--$2,300
Travel$1,817--$1,817
Fees for Services Other$0$1,720$0$1,720
Information Technology-$581-$581
Occupancy-$520-$520
All Other Expenses$256$0$0$256
Total Functional Expenses$350,732$63,799$44,719$459,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$169,999
Fundraising Direct Expenses$86,844
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Funkraiser$143,854$130,949-$130,949
Flag Football Tournament$61,439$39,050-$39,050
Total Events$205,293$169,999$86,844$83,155
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

TORRY HOLT (President) and Carla Holt (Secretary) - Family relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

The organization uses a 3rd party to prepare the Form 990. once prepared, the 990 is reviewed by management and a copy is sent to the board.

Form 990, Part VI, Line 12C Conflict of interest policy

The Foundation has a Conflict of Interest Policy that it currently sends to board members on a regular basis.

Form 990, Part VI, Line 18 How forms are made available to the public

Recent filings of the form 990 are available online at www.guidestar.org.

Form 990, Part VI, Line 19 Required documents available to the public

Recent filings of the form 990 are available online at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Holt Brothers Foundation Inc
EIN
56-6570426
Phone
9197871981
Address
421 FAYETTEVILLE ST 1300, RALEIGH, NC 27601

Signing Officer

Name
Torry Holt
Title
President
Phone
9197871981
Signed
2025-04-23
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
100

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-131688
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0200730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0167255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0104310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0268225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0858175
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08383
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022662
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015247
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016122
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt075418
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0317409
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.8200
IRS990ScheduleA/PublicSupportPY170Pct00.881
IRS990ScheduleA/PublicSupportTotal170Amt0765534
IRS990ScheduleA/SubstantialContributorsTotAmt092641
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0167255
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0104310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0268225
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0858175
IRS990ScheduleA/TotalSupportAmt0933593
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt035294
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012905
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt022389
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt086844
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07345
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt03350
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010695
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Funkraiser
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Flag Football Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt057741
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt09400
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt067141
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0143854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt061439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0205293
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0130949
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt039050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0169999
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt083155
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05508
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09008
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0student scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization monitors grants by maintaining regular contact with grant recipients including procedures to ensure the use of grant funding.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TORRY HOLT (President) and Carla Holt (Secretary) - Family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization uses a 3rd party to prepare the Form 990. once prepared, the 990 is reviewed by management and a copy is sent to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Foundation has a Conflict of Interest Policy that it currently sends to board members on a regular basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2 Family/business relationships amongst interested persons
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18 How forms are made available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0456257
IRS990/TotalAssetsEOYAmt0394697
IRS990/TotalAssetsGrp/BOYAmt0456257
IRS990/TotalAssetsGrp/EOYAmt0394697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0236024
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt044719
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063799
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0350732
IRS990/TotalFunctionalExpensesGrp/TotalAmt0459250
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067552
IRS990/TotalLiabilitiesEOYAmt0117110
IRS990/TotalLiabilitiesGrp/BOYAmt067552
IRS990/TotalLiabilitiesGrp/EOYAmt0117110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0388705

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