Home Educators Resource Organization (EIN 411862926) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Tom Wahlberg

Phone

6514852572

Tax Period

2024-01-01 to 2024-12-31

Home Educators Resource Organization, founded in 1996, is a small nonprofit that reported $322K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $760K exceeded revenue, resulting in a 136% operating deficit.

Mission

PROVIDE RESOURCES FOR HOMESCHOOLERS AND TEACHING PARENTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $897

Program Service Revenue $310,445

Investment Income $10,398

Other Revenue $40

TOTAL REVENUE $321,780

Expense Breakdown

Grants Paid $349,904

Salaries & Benefits $82,177

Fundraising Expenses $48

Program Expenses $633,929

Other Expenses $327,681

TOTAL EXPENSES $759,762

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,780	$687,182	-0.5%
Expenses	$759,762	$651,077	+0.2%
Net Income	$-437,982	$36,105	-13.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$67,200

Total Directors

$67,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jayne Wahlberg	Administrator	60.00	Officer Director	$67,200	$0	$67,200
Tom Wahlberg	Treasurer	15.00	Officer Director	$0	$0	$0
Sally Grossman	SecretaryLegal Advisor	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$321,780	$759,762	No data	$-437,982
2023	$687,182	$651,077	$444,620	$36,105
2022	$706,619	$635,288	$408,259	$71,331
2021	$585,052	$474,894	$333,896	$110,158
2020	$444,032	$433,546	$223,810	$10,486
2019	$487,710	$462,771	$215,985	$24,939
2018	$458,605	$443,132	$190,416	$15,473

Home Educators Resource Organization