HOLLAND EVENTS COMMITTEE INC

EIN: 264027897 501(c)(3) Community Improvement

HOLLAND, IN

Total Revenue
$17,869
Total Expenses
$37,691
Total Assets
$32,364
Net Assets
$32,364
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IN
Principal Officer
ASHLEY KIRK
Phone
8126312940
Tax Period
2019-01-01 to 2019-12-31

HOLLAND EVENTS COMMITTEE INC, founded in 2010, is a micro nonprofit in the Community Improvement sector that reported $18K in total revenue in fiscal year 2019. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $38K exceeded revenue, resulting in a 111% operating deficit.

Mission

PUBLIC CHARITY - COMMUNITY OF HOLLAND COMMUNITY CHARITY FOR THE TOWN OF HOLLAND, INDIANA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $26,975
Program Service Revenue $0
Investment Income $0
Other Revenue $-9,106
TOTAL REVENUE $17,869

Expense Breakdown

Grants Paid $32,492
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,691
Other Expenses $5,199
TOTAL EXPENSES $37,691

Year-over-Year Comparison

2019 2018 Change
Revenue $17,869 $35,031 -0.5%
Expenses $37,691 $22,946 +0.6%
Net Income $-19,822 $12,085 -2.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA PETERS PRESIDENT 10.00
Officer
$0 $0 $0
TAMMY WERTMAN SECRETARY 10.00
Officer
$0 $0 $0
ASHLEY KIRK TREASURER 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $17,869 $37,691 $32,364 $-19,822
2018 $35,031 $22,946 $52,186 $12,085
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