Homework House Inc
Nonprofit profile at a glance
- EIN
- 562666698
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Holyoke, MA, USA
- Phone
- 4132651017
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $186,700
- Expenses
- $311,717
- Assets
- $204,557
- Liabilities
- $18,921
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Kira Hill (Vice President)
- Jennifer Baril (President)
People named in this filing
- Jasarah Burgos (Trustee)
- Heather Clark (Trustee)
- Polo Delgado (Trustee)
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
Homework House, Inc. provides free tutoring and mentoring for children who are at-risk for academic failure and dropping out of school. We give children a loving and caring environment. We help them improve their literacy skills so they can become productive members of our community. We work towards rekindling their interest in learning and self-improvement - one page at a time. Services are provided to school-age children without regard to race, religion, ethnicity or gender.
What it reported doing in 2024
Provision of free after-school tutoring and mentoring for children who are at-risk for academic failure and dropping out of school. Improvement of literacy skills and rekindling their interests in learning and self-improvement. Many children were served during the fiscal year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
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: 88
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 68.7%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -67%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 68.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $214K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 1/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.