Mistwood Educational Center
Nonprofit profile at a glance
- EIN
- 462738727
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bayside, CA, USA
- Phone
- 7074448100
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $117,516
- Expenses
- $143,611
- Assets
- $75,280
- Liabilities
- $85,251
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- REBECCA NORDQUIST (PRESIDENT)
People named in this filing
- BARBARA GIER (TREASURER)
- MARIA CORRAL RIBORDY (BOARD MEMBER)
- ANNE TAYLOR (BOARD MEMBER)
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
To provide a rich, stimulating, highly academic and fine arts environment in which students and adults have great respect for each other, for themselves, and for their immediate global environment.
What it reported doing in 2024
Mistwood, a home-schooling/grammar school combination founded in 1980, has a unique structure and curriculum. The school consistently has an enrollment of about forty students, kindergarten through eighth grades. Our goal is to provide a safe (non bullying), academic, respectful environment for all of our students and families. Our students are allowed to develop at their own pace and can learn in a cheerful, enthusiastic setting, where their individual strengths and weaknesses and needs are acknowledged, valued and supported by adults, their peers, and other students.
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 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: 100
- Transparency & Controls: 82
- Sustainability: 17
- 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: -22.2%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 20.8%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $144K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2013 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 7/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 16/100.