Fa-ho-lo Family Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs
Fa-ho-lo Family Inc is a 501(c)(3) organization based in Coopersville, Michigan, registered in 1988, with $745,126 in FY2024 revenue. CharityIndex grades it C+.
719 West Randall St, Coopersville, MI, 49404 EIN 38-2528634 Since 1988
Revenue (FY2024)
$745K
▼ 7.7% vs prior year
Expenses (FY2024)
$771K
Net assets
$207K
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 Fa-ho-lo Family Inc— 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 rating3 mo reserves · -4% 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 Fa-ho-lo Family Inc: 3 mo reserves · -4% 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 Fa-ho-lo Family Inc— 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 Fa-ho-lo Family Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 719 West Randall St, Coopersville, MI, 49404
- City
- Coopersville
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $447K (FY2013) to $745K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,281Net assets $207K
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$210K
Total liabilities
$3,281
Net assets
$207K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $745,126▼7.7% | $771,225▼4.9% | $206,693▼11.2% | $209,974▼12.1% | 990 |
| 2023 | $806,926▲12.8% | $810,819▲13.7% | $232,792▼1.6% | $238,822▼1.5% | 990 |
| 2022 | $715,412▼7.7% | $712,982▲1.8% | $236,685▲1.0% | $242,338▲2.9% | 990 |
| 2021 | $775,286▲25.4% | $700,348▲20.8% | $234,255▲47.0% | $235,500▲40.3% | 990 |
| 2020 | $618,052▲7.7% | $579,602▲11.8% | $159,317▲31.8% | $167,815▲17.5% | 990 |
| 2019 | $573,825▲9.6% | $518,469▲5.3% | $120,867▲84.5% | $142,829▲35.5% | 990 |
| 2018 | $523,666▲0.2% | $492,326▼2.0% | $65,511▲91.7% | $105,426▲11.8% | 990 |
| 2017 | $522,659▲4.5% | $502,368▲3.5% | $34,171▲146% | $94,318▲3.7% | 990 |
| 2016 | $499,996 | $485,343▲5.9% | $13,880▲1896% | $90,946▲105% | 990 |
| 2015 | $500,009▲4.9% | $458,505▼4.2% | -$773▲98.2% | $44,386▲31.1% | 990 |
| 2014 | $476,627▲6.6% | $478,848▲7.9% | -$42,277▼5.5% | $33,865▼6.2% | 990 |
| 2013 | $447,231 | $443,637▼7.3% | -$40,056▲8.2% | $36,117▼22.5% | 990 |
| 2012 | — | $478,612▲2.2% | -$43,650▼3.7% | $46,595▲294% | 990 |
| 2011 | — | $468,411▼2.4% | -$42,098▲15.1% | $11,832▲751% | 990 |
| 2010 | — | $479,861 | -$49,564 | $1,390 | 990 |
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.
Frequently asked questions
- Is Fa-ho-lo Family Inc a legitimate nonprofit?
- Yes. Fa-ho-lo Family Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2528634, based in Coopersville, Michigan. Donations are tax-deductible.
- What is Fa-ho-lo Family Inc's EIN?
- Fa-ho-lo Family Inc's Employer Identification Number (EIN) is 38-2528634.
- How much revenue does Fa-ho-lo Family Inc report?
- Fa-ho-lo Family Inc reported $745,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fa-ho-lo Family Inc have?
- CharityIndex grades Fa-ho-lo Family Inc C+, based on financial health (reserves and operating margin).
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Data for Fa-ho-lo Family Inc (EIN 38-2528634) 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.