Holy Family Ministries 
The information on this page was last updated 6/25/2026. If you see errors or omissions, please email: [email protected]
Summary
For nearly 40 years, Holy Family Ministries has served children and families on Chicago's West Side, providing academic and spiritual nourishment during students' formative years.
Contact information
Mailing address:
Holy Family Ministries
3415 W. Arthington St.
Chicago, IL 60624
Website: holyfamilyministries.org
Phone: (773) 265-0550
Email: [email protected]
Organization details
EIN: 364320533
CEO/President: Cheryl Collins
Chairman: Eric Draut
Board size: 21
Founder: Rev. Charles Infelt
Ruling year: 1999
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our vision: Holy Family is a community of children, youth, and families propelled to achieve dreams beyond the boundaries of their neighborhoods.
Mission statement
Holy Family Ministries provides educational opportunities for children, youth, and families in Chicago's under-resourced neighborhoods to excel academically, grow spiritually, expand life experiences, and become exceptional leaders through a faith-based approach.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1345 of 1412 | 132 of 145 |
| Fund acquisition rating | | 1321 of 1412 | 128 of 145 |
| Resource allocation rating | | 1148 of 1412 | 118 of 145 |
| Asset utilization rating | | 1031 of 1413 | 102 of 145 |
According to the organization's Form 990, it received $931,773 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 17% | 11% | 10% | 9% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 13% | 8% | 9% | 8% | 10% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 76% | 75% | 89% | 90% | 88% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 14% | 11% | 11% | 11% | 13% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 24% | 25% | 11% | 10% | 12% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 74% | 78% | 78% | 80% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 93% | 76% | 77% | 71% | 80% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 69% | 59% | 60% | 57% | 63% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 7% | 24% | 23% | 29% | 20% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 3% | 11% | 12% | 17% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 12% | 11% | 11% | 9% | 8% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.01 | 0.37 | 0.33 | 0.33 | 0.37 | 0.32 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.87 | 1.37 | 1.41 | 1.56 | 1.68 | 1.84 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.16 | 0.51 | 0.46 | 0.52 | 0.63 | 0.59 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.81 | 164.65 | 393.07 | 210.26 | 449.19 | 299.52 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.74 | 23.55 | 25.82 | 22.90 | 19.09 | 20.12 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 9% | 9% | 12% | 13% | 19% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 7% | 8% | 10% | 12% | 17% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 76% | 247% | 277% | 263% | 233% | 252% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Cash | $3,014,008 | $5,595,621 | $4,042,062 | $2,123,713 | $2,682,073 |
| Receivables, inventories, prepaids | $339,337 | $370,961 | $260,831 | $312,342 | $353,626 |
| Short-term investments | $13,225,504 | $9,702,053 | $7,655,671 | $7,229,246 | $5,135,928 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $16,578,849 | $15,668,635 | $11,958,564 | $9,665,301 | $8,171,627 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $6,074,507 | $6,300,592 | $6,407,195 | $6,551,474 | $6,877,133 |
| Other long-term assets | $139,627 | $182,088 | $333,914 | $24,232 | $18,800 |
| Total long-term assets | $6,214,134 | $6,482,680 | $6,741,109 | $6,575,706 | $6,895,933 |
| Total assets | $22,792,983 | $22,151,315 | $18,699,673 | $16,241,007 | $15,067,560 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2020 |
| Payables and accrued expenses | $100,690 | $39,862 | $56,875 | $21,517 | $27,282 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $100,690 | $39,862 | $56,875 | $21,517 | $27,282 |
| Debt | $1,595,000 | $1,725,000 | $1,855,000 | $1,985,000 | $2,580,362 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $329,920 | $287,476 | $376,317 | $111,875 | $214,826 |
| Total long-term liabilities | $1,924,920 | $2,012,476 | $2,231,317 | $2,096,875 | $2,795,188 |
| Total liabilities | $2,025,610 | $2,052,338 | $2,288,192 | $2,118,392 | $2,822,470 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Without donor restrictions | $20,767,373 | $17,899,861 | $14,515,005 | $12,783,548 | $10,858,972 |
| With donor restrictions | $0 | $2,199,116 | $1,896,476 | $1,339,067 | $1,386,118 |
| Net assets | $20,767,373 | $20,098,977 | $16,411,481 | $14,122,615 | $12,245,090 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2020 |
| Total contributions | $6,865,126 | $7,127,239 | $7,218,122 | $7,682,700 | $5,367,301 |
| Program service revenue | $718,720 | $745,645 | $734,148 | $716,657 | $661,291 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,475,326 | $1,671,590 | $171,783 | $100,377 | $78,505 |
| Other revenue | $4,800 | $4,433 | $4,025 | $3,761 | $703 |
| Total other revenue | $2,198,846 | $2,421,668 | $909,956 | $820,795 | $740,499 |
| Total revenue | $9,063,972 | $9,548,907 | $8,128,078 | $8,503,495 | $6,107,800 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2020 |
| Program services | $6,239,468 | $5,677,522 | $4,861,681 | $4,847,564 | $3,850,496 |
| Management and general | $996,889 | $823,536 | $673,544 | $531,414 | $380,862 |
| Fundraising | $1,159,219 | $763,687 | $700,903 | $681,621 | $627,263 |
| Total expenses | $8,395,576 | $7,264,745 | $6,236,128 | $6,060,599 | $4,858,621 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2020 |
| Surplus (deficit) | $668,396 | $2,284,162 | $1,891,950 | $2,442,896 | $1,249,179 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $668,396 | $2,284,162 | $1,891,950 | $2,442,896 | $1,249,179 |
Compensation
| Name | Title | Compensation |
| Cheryl Collins | CEO | $162,172 |
Compensation data as of: 7/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/25/2026. To update the information below, please email: [email protected]
History
https://www.hfm.org/apps/pages/index.jsp?uREC_ID=1710879&type=d&pREC_ID=1874369