Community Homeschool Enrichment Center
Nonprofit profile at a glance
- EIN
- 474601887
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Keswick, VA, USA
- Phone
- 4343261772
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $145,527
- Expenses
- $159,759
- Assets
- $42,523
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Amber Jones (President)
- Cara Leigh Williams (Vice President)
People named in this filing
- Amber Jones (President)
- Megan Bailey (Treasurer)
- Cara Leigh Williams (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Community Homeschool Enrichment Center (CHEC) was formed for the educational purpose of facilitating connections between homeschooled children and various independent contractors and educational programs with the purpose of providing children access to enriching opportunities in the arts and sciences.
What it reported doing in 2024
Form 990-EZ, Part III, Line (28-31) - Providing the service of being an intermediary facilitator between homeschooled students and various independent contractors to provide enrichment opportunities. All of these services are performed by 10-20 person volunteer staff of the organization. Taken together, they encompass the necessary services required to provide the enrichment opportunity that is the core mission of CHEC by allowing independent teachers - who could not otherwise effectively offer their classes - a venue to teach, a platform to advertise, insurance coverage, and handling of finances. Likewise, these services offer to families a central location to look for classes, a conveniently arranged scheduling of classes, and centralized handling of finances across multiple instructors. In the fall, winter and spring sessions of 2023-2024 the organization facilitated 930 individual student class spots, serving more than 150 students.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9.8%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 14.7% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 14% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $160K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.