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Fanny Allen Holdings

Andover, MA · EIN 03-0181052 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Fanny Allen Holdings reported $17.7 million in revenue and $432,268 in expenses for calendar year 2024. Of every $100 it spent, $34.65 went to program services, $65.35 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 94.1% of the total. The highest compensation it reported for one person was $1,276,101 (Director). Revenue rose 1595% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $432K

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $18M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
34.7%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
65.3%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
5.9%58.9%
Highest reported compensation
Part VII-A, columns D–F
$1,276,101$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
295.21%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.76.8
Independent voting board members
Part VI 1a–1b
1 of 3100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$150K expenses · 100.0% of program spending · revenue $1.0M

Fanny Allen Holdings supports affiliated not-for-profit organizations by holding and overseeing real property and ensuring that it is used in a manner consistent with the teachings of the Roman Catholic Church. During the period covered by this Form 990, Fanny Allen Holdings disposed of all investments and fixed assets in either direct sales, or by transferring such assets to its supported, parent organization, Covenant Health, Inc

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Director
Director/trustee, 1.00 hrs/week
$0$1,235,937$40,164$1,276,101
Treasurer, SVP/CFO
Officer, 1.00 hrs/week
$0$817,738$36,123$853,861
Director
Director/trustee, 1.00 hrs/week
$0$814,976$32,662$847,638

0 people received more than $100,000 in reportable compensation from Fanny Allen Holdings (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$18M$432K34.7%$98,686$1,276,101
2023 ⓘ$1.2M$451K34.4%$5.7M$841,706
2022 ⓘ$1.0M$416K27.9%$4.5M$890,263
2021 ⓘ$1.6M$401K29.9%$4.5M$945,507
2020 ⓘ$979K$402K30.0%$3.9M$916,176
2019 ⓘ$1.0M$381K26.3%$3.5M$743,599

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b3 · 1 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 61

Correct a figure or respond

Every number above is copied from Fanny Allen Holdings's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fanny Allen Holdings, you can publish a response that is linked from this page.

Questions people ask

How much of Fanny Allen Holdings's spending goes to programs?

In calendar year 2024, Fanny Allen Holdings reported that 34.7% of its $432,268 in expenses went to program services, 65.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Fanny Allen Holdings pay its top executive?

The largest total compensation Fanny Allen Holdings reported for one person in calendar year 2024 was $1,276,101, for the role of Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Fanny Allen Holdings get its money?

Of $17.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 5.9% from program service revenue (Form 990, Part VIII).

Is Fanny Allen Holdings a registered charity?

The IRS lists EIN 03-0181052 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503099349303900 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403129349303720 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333179349301103 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233129349302683 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143159349302029 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043149349300249 · read the filing

All filings for EIN 03-0181052: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.