Holland Christian Education Foundation

Organization Overview

Holland Christian Education Foundation is located in Holland, MI. The organization was established in 1989. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holland Christian Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Holland Christian Education Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $667.0k during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SUPPORT TO HOLLAND CHRISTIAN SCHOOLS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES ADDITIONAL FINANCIAL SUPPORT TO THE EDUCATION OF OVER 1,500 STUDENTS, KINDERGARTEN THROUGH 12TH GRADE, IN THE HOLLAND CHRISTIAN SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
David Huisman
Board Member (part Year) / President
$0
P Haans Mulder
Vice President
$0
Kurt Dykema
President (part Year)
$0
Grace Silva
Treasurer
$0
Mike Goorhouse
Secretary
$0
Doug Geenen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,622,313
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,622,313
Total Program Service Revenue$0
Investment income $308,562
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,922
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,953,797

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Holland Christian Education Foundation has recieved totaling $24,500.

Awarding OrganizationAmount
$17,500
Craig And Wendy Spoelhof Foundation

Holland, MI

PURPOSE: GENERAL OPERATION

$3,000
Lugers Family Foundation

Douglas, MI

PURPOSE: GENERAL

$2,000
Edward H & Diana H Marsilje Charitable Foundation

Holland, MI

PURPOSE: UNRESTRICTED GRANT TO GENERAL FUND

$1,000
Edward H & Diana H Marsilje Charitable Foundation

Holland, MI

PURPOSE: UNRESTRICTED GRANT TO GENERAL FUND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,760,811
Earnings-$2,224,555
Net Contributions$1,622,313
Other Expense$638,500
Ending Balance$13,520,069

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