HOLLAND CHRISTIAN EDUCATION FOUNDATION

EIN: 382885151 501(c)(3) Education

HOLLAND, MI

Total Revenue
$1,685,150
Total Expenses
$794,008
Total Assets
$19,899,987
Net Assets
$19,889,563
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MI
Principal Officer
DENVER HAGAN
Phone
6168202805
Tax Period
2024-07-01 to 2025-06-30

HOLLAND CHRISTIAN EDUCATION FOUNDATION, founded in 1989, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $891K, a strong 53% operating margin.

Mission

TO SOLICIT, RECEIVE, HOLD, INVEST, AND ADMINISTER FUNDS FOR THE EXCLUSIVE BENEFIT OF THE HOLLAND CHRISTIAN EDUCATION SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $700,402 Revenue: $0

THE ORGANIZATION PROVIDES ADDITIONAL FINANCIAL SUPPORT TO THE EDUCATION OF OVER 1,600 STUDENTS, KINDERGARTEN THROUGH 12TH GRADE, IN THE HOLLAND CHRISTIAN SCHOOLS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $466,153
Program Service Revenue $0
Investment Income $1,218,997
Other Revenue $0
TOTAL REVENUE $1,685,150

Expense Breakdown

Grants Paid $700,402
Salaries & Benefits $33,116
Fundraising Expenses $34,557
Program Expenses $700,402
Other Expenses $60,490
TOTAL EXPENSES $794,008

Year-over-Year Comparison

2024 2023 Change
Revenue $1,685,150 $1,657,610 +0.0%
Expenses $794,008 $763,069 +0.0%
Net Income $891,142 $894,541 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
11

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENVER HAGAN PRESIDENT 1.00
Officer Director
$0 $0 $0
P HAANS MULDER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PETER WESTRA SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID HUISMAN TREASURER 1.00
Officer Director
$0 $0 $0
PAUL BRINKS BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN PLOCKMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA HOEKSTRA BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN HOOGLAND BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD SIEGERS BOARD MEMBER 1.00
Director
$0 $0 $0
BEN VANDERWOUDE BOARD MEMBER 1.00
Director
$0 $0 $0
GRACE SILVA BOARD MEMBER (PART YEAR) 1.00
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 $1,685,150 $794,008 $19,899,987 $891,142
2024 $1,657,610 $763,069 $17,948,665 $894,541
2023 $1,509,003 $707,495 $15,449,096 $801,508
2022 $1,953,797 $666,960 $13,547,779 $1,286,837
2021 $1,148,474 $642,890 $14,795,832 $505,584
2020 $585,623 $615,589 $11,652,343 $-29,966
2019 $891,129 $607,183 $11,470,554 $283,946
2018 $1,415,737 $641,018 $11,232,328 $774,719
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