Holland Home Foundation

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

Troy Vugteveen

Phone

6162355015

Tax Period

2025-01-01 to 2025-12-31

Holland Home Foundation, founded in 1985, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2025. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.2M, a strong 67% operating margin.

Mission

To provide for the receipt of contributions, bequests and gifts for the benefit of fulfilling the mission of Holland Home.

Program Service Accomplishments

Program 1

Expenses: $800,000 Revenue: $0

Provide financial support to Holland Home, further enabling Holland Home to continue its assistance to its residents.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,021,657

Program Service Revenue $0

Investment Income $1,108,938

Other Revenue $78,965

TOTAL REVENUE $3,209,560

Expense Breakdown

Grants Paid $800,000

Salaries & Benefits $0

Fundraising Expenses $254,494

Program Expenses $800,000

Other Expenses $254,494

TOTAL EXPENSES $1,054,494

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,209,560	$4,461,668	-0.3%
Expenses	$1,054,494	$929,662	+0.1%
Net Income	$2,155,066	$3,532,006	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$1,095,504

Total Directors

$494,077

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Troy Vugteveen	CEO & President	Officer Director	$0	$0	$494,077
David Tiesenga	Chief Strategy Officer	Officer	$0	$31,180	$308,452
Adam Kinder	Chief Financial Officer	Officer	$0	$0	$292,975
Carlos Hidalgo	Director	Director	$0	$0	$0
Mark Johnson	Vice Chair/Secretary	Officer Director	$0	$0	$0
David Knibbe	Director	Director	$0	$0	$0
Gary Malburg	Director/Treasurer	Officer Director	$0	$0	$0
Jean Nagelkerk	Director	Director	$0	$0	$0
Nelson Sanchez	Director/Chair	Officer Director	$0	$0	$0
Gilbert Segovia	Director	Director	$0	$0	$0
David Smith	Director	Director	$0	$0	$0
Nick Thole	Director	Director	$0	$0	$0
Mary Ursul	Director	Director	$0	$0	$0
Susan Vogel-Vanderson	Director	Director	$0	$0	$0
Sam Watson	Director	Director	$0	$0	$0
Scott DeMaagd	Director	Director	$0	$0	$0
Marie VanderKooi	Director	Director	$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
2025	$3,209,560	$1,054,494	$34,009,788	$2,155,066
2024	$4,461,668	$929,662	$29,789,543	$3,532,006
2023	$2,381,897	$800,910	$25,211,261	$1,580,987
2022	$3,115,658	$624,402	$21,438,528	$2,491,256
2021	$2,909,526	$841,584	$24,924,695	$2,067,942
2020	$2,231,389	$788,788	$20,825,259	$1,442,601
2019	$1,507,578	$523,912	$17,317,224	$983,666