Bo H Holmgreen Foundation
Only null% goes to programs Strong reserves Growing revenue
Bo H Holmgreen Foundation is a 501(c)(3) organization based in Wilmington, North Carolina, registered in 2014, with $230,322 in FY2024 revenue. CharityIndex grades it C+.
218 N 5th Ave, Wilmington, NC, 28401 EIN 46-1569876 Since 2014
Revenue (FY2024)
$230K
▼ 66.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$109K
Net assets
$2.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bo H Holmgreen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating314 mo reserves · +53% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bo H Holmgreen Foundation: 314 mo reserves · +53% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bo H Holmgreen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bo H Holmgreen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 218 N 5th Ave, Wilmington, NC, 28401
- City
- Wilmington
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $242K (FY2013) to $230K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.9M
Operating margin
52.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$0
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $230,322▼66.2% | $109,259▼83.8% | $2,856,704▲4.3% | $2,856,704▲4.3% | 990PF |
| 2023 | $680,976▲94.9% | $675,988▼24.7% | $2,739,368▲0.2% | $2,739,368▼1.5% | 990PF |
| 2022 | $349,351▲84.1% | $898,094▲789% | $2,734,380▼16.7% | $2,781,603▼15.3% | 990PF |
| 2021 | $189,753▲54.9% | $101,038▲490% | $3,283,123▲2.8% | $3,283,123▲2.8% | 990PF |
| 2020 | $122,520▼11.9% | $17,129▼95.6% | $3,194,408▲3.4% | $3,194,408▲3.4% | 990PF |
| 2019 | $139,086▼40.4% | $392,028▼36.4% | $3,089,017▼7.6% | $3,089,017▼7.6% | 990PF |
| 2018 | $233,553▲25.1% | $616,855▲199% | $3,341,959▼10.3% | $3,341,959▼10.3% | 990PF |
| 2017 | $186,717▲179% | $206,546▲2.3% | $3,725,261▼0.5% | $3,725,261▼0.5% | 990PF |
| 2016 | $66,975▼72.3% | $201,930▲40045% | $3,745,000▲15.5% | $3,745,000▲15.5% | 990PF |
| 2013 | $241,932 | $503 | $3,241,365 | $3,241,365 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Bo H Holmgreen Foundation a legitimate nonprofit?
- Yes. Bo H Holmgreen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1569876, based in Wilmington, North Carolina. Donations are tax-deductible.
- What is Bo H Holmgreen Foundation's EIN?
- Bo H Holmgreen Foundation's Employer Identification Number (EIN) is 46-1569876.
- How much revenue does Bo H Holmgreen Foundation report?
- Bo H Holmgreen Foundation reported $230,322 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bo H Holmgreen Foundation have?
- CharityIndex grades Bo H Holmgreen Foundation C+, based on financial health (reserves and operating margin).
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Data for Bo H Holmgreen Foundation (EIN 46-1569876) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.