Holy Family Homeschool Apostolate Inc

Nonprofit profile at a glance

EIN
473899772
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Covington, LA, USA
Phone
9853261563
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$1,633,606
Expenses
$1,045,164
Assets
$1,670,468
Liabilities
$427,494

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • PAUL RUCKER (PRESIDENT)
  • MARK STEPHENS (VICE PRESIDENT)

People named in this filing

  • PAUL RUCKER (PRESIDENT)
  • MARK STEPHENS (VICE PRESIDENT)
  • RENE MILLER (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of holy family homeschool apostolate is to serve the home school community by offering educational experiences that support and encourage families in their vocation. All things are done under the guidance of the holy spirit in accordance with the roman catholic faith and moral teachings.

What it reported doing in 2024

Holy family homeschool apostolate serves the homeschooling families of the greater new orleans area in the catholic education of their families. We have, are, and will supplement, in a class setting, the education that parents are providing at home, thus making a high quality, low cost, catholic education available to all. Hfha provides education for grades k-12.holy family provides homeschooling families a forum to work cooperatively around providing quality education. The program provides education in the areas, which are difficult to achieve at home; such as, group activities, presentations in front of peers and hand-on learning experiences. Holy family homeschool apostolate offers educational support classes for homeschool students between kindergarten and 12th grade. Holy family works in partnership with parents in order to assist with providing quality education to their children. This system is design to complement, not replace, the education students receive at home.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 85
  • Accountability: 76
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.4%; rating input score 58
  • Program expense ratio: 90.5%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 36%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.6; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 21.5% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 27.1% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 39.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 58.4% of revenue deployed · 90.5% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $946K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.