Home School Family Ministries
Nonprofit profile at a glance
- EIN
- 820583731
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Fountain Vly, CA, USA
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $156,443
- Expenses
- $154,742
- Assets
- $137,668
- Liabilities
- $2,449
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Ken Blankshain (President)
People named in this filing
- Ken Blankshain (President)
- Natalie Kearon (Treasurer)
- Julie Corrigan (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The exclusive purposes for which this corporation is organized are to provide assistance to families in home schooling in the Christian tradition by providing a network for Christian home schooling families to collaborate and share learning opportunities related to their Christian approach to education by programs consistent with and advancing the corporations statement of faith.
What it reported doing in 2024
The exclusive purposes for which this corporation is organized are to provide assistance to families in home schooling in the Christian tradition by providing a network for Christian home schooling families to collaborate and share learning opportunities related to their Christian approach to education by programs consistent with and advancing the corporations statement of faith. HSFM provided academic and elective classes for Christian homeschool students preK-12. Classes met once a week for 29 weeks. Approximately 110 families participated in the weekly classes. The objective was to assist and benefit Christian homeschool families by providing needed classroom instruction and learning activities that supplemented their courses of study at home.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 94% 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: 92
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.7%; rating input score 92
- Program expense ratio: 92.7%; rating input score 93
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: 1.1%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 14.4%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 15.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 91.7% of revenue deployed · 92.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $144K in reported program spending
- Leadership: top reported pay $0 · 3 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
- 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.
- Moderate — Sustainability: Operating margin scored 37/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.