Second Home Learning Center

Nonprofit profile at a glance

EIN
852041550
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Harrisonburg, VA, USA
Phone
5404327989
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Child Day Care

Official website

Reported finances

Revenue
$543,946
Expenses
$465,936
Assets
$154,320
Liabilities
$907

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Krisztina Szekely (Executive Director)
  • Russell Caleb Chaplain (President)
  • Sarah Whitley (Vice President)

Highest reported compensation

  • Krisztina Szekely (Executive Director): $55,115 total reported compensation

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

Overview

Mission

Our primary focus is to serve homes with limited financial resources to provide safe before and after-school care for children K-7th grade. The program is staffed by caring educators and volunteers who provide daily snacks, academic enrichment, and assistance with homework. No family in our service area is ever turned away due to financial need. Second Home strives to provide academic and emotional support to students to ensure academic success, and opportunities to achieve their potential.

What it reported doing in 2024

From July 1, 2024 to June 30, 2025, Second Home Learning Center offered low-cost, high-quality before and after school care for 87 Harrisonburg City Public School students (K to 7th grade). Core program activities included healthy snacks before and after school to ensure that students were able to focus on academics, performing arts programs composed of music, art, dance, and stage performance, introductory free music lessons, beginning gardening, enriching field trips to local points of interest, parent support presentations, homework assistance, and practicing social-emotional interpersonal skills for ongoing success.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 49
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.6%; rating input score 65
  • Program expense ratio: 75.3%; rating input score 75
  • Fundraising efficiency: $79.43 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: 14.3%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 11.8%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 21.6% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 32.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -10.3% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 64.6% of revenue deployed · 75.3% of spending went to programs
  • Governance: 10 of 10 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $351K in reported program spending
  • Leadership: top reported pay $55K · 11 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.