Heartwood Educational Collaborative
Nonprofit profile at a glance
- EIN
- 472834601
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Fairfax, CA, USA
- Phone
- 4153281080
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $50,822
- Expenses
- $89,546
- Assets
- $29,339
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Robert Bryant beginning 7124 (President)
People named in this filing
- Greg Browman through 63024 (Chairperson)
- Amy Hoffman Puccinelli through 63 (Treasurer)
- Melissa Guyout through 63024 (Chairperson)
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 Organization provides educational support for homeschool students. With attention and care, we aim to provide a stimulating and enriching education, awakening critical and creative thinking, instilling a love of work and learning that propels our students to make positive, heart-felt and inspiring contributions to our shared world.
What it reported doing in 2024
Heartwood Educational Collaborative is the nonprofit fundraising foundation associated with the Heartwood Charter School Bothin Program in Fairfax, CA that works toward supporting nature and Waldorf-based educational initiatives for TK-8th grade students. By organizing family donations, throwing fundraising events, and partnering with local businesses, HEC provides funds that can be used to offset rental costs for the unique Bothin campus, support school-wide festivals, enrich school materials, make educational trips accessible to all students regardless of ability to pay, and continue to make Heartwood Charter School a special place for students seeking an alternative education in the public realm. In 2019 the program applied for a separate charter authorization with Liberty School District and that charter was approved. Heartwood Charter School was created as an independent public charter school in Sonoma and Marin counties. In 2020, Heartwood Educational Collaborative worked closely with the new charter school to provide support for families and students as well as the charter school itself through grants for teachers and classes not funded under the new charter school, offsetting rental costs and offering parenting education programs. In 2021, 2022, 2023, and 2024 Heartwood Educational Collaborative focused its support through grants to the Waldorf program of Heartwood Charter School, benefitting the development of the program for all students and families.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.4%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -76.2%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 34% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: -24.1% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -9.5% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $80K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 9/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.