HEART TO HOME LEARNING

EIN: 454766934 501(c)(3) Education

Augusta, GA

Total Revenue
$253,628
Total Expenses
$269,740
Total Assets
$1,589
Net Assets
$1,589
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
GA
Principal Officer
Dr Jamie Halbert
Phone
7067550736
Tax Period
2023-01-01 to 2023-12-31

HEART TO HOME LEARNING, founded in 2012, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2023.

Mission

Thrive Academy is the fully accredited, alternative, private Christian school of Heart to Home Learning, Inc. Our school offers a fully accredited, educational program that includes classes, tutoring, individualized lessons, online learning facilitation and support, electives, lesson plans, record-keeping, and standardized testing for students who are educated at home. Utilizing a 60/40 rule, Thrive Academy establishes a partnership with parents where students attend our center for 3 full days while 2 days of instruction are completed at home, where parents register as homeschooling. Thrive currently supports approximately 60, K-12 school-age children, with a faculty of 10 and a governing board of 6.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,511
Program Service Revenue $239,098
Investment Income $19
Other Revenue $0
TOTAL REVENUE $253,628

Expense Breakdown

Grants Paid $720
Salaries & Benefits $156,611
Fundraising Expenses $485
Program Expenses $259,714
Other Expenses $108,805
TOTAL EXPENSES $269,740

Year-over-Year Comparison

2023 2022 Change
Revenue $253,628 $245,444 +0.0%
Expenses $269,740 $318,882 -0.2%
Net Income $-16,112 $-73,438 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
16
Volunteers
3

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
3
$43,375
Total Directors
5
$19,200
Key Employees
2
$43,375
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jamie Halbert Chief Executive Officer 24
Officer Key Emp Highest
$24,175 $0 $24,175
Stephanie Baker Chief Operations Officer 24
Officer Director Key Emp
$19,200 $0 $19,200
Michael Orr Chief Financial Officer 10
Officer Director
$0 $0 $0
JD Halbert Chairman of the Board 10
Director
$0 $0 $0
Demetrius Passmore Business Development Director 10
Director
$0 $0 $0
Elizabeth Vickrey Fund Raising and Events Director 10
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
2023 $253,628 $269,740 $1,589 $-16,112
2022 $245,444 $318,882 $17,701 $-73,438
2021 $318,252 $282,915 $91,637 $35,337
2020 $298,236 $293,717 $56,300 $4,519
2019 $312,299 $269,503 $55,993 $42,796
2018 $258,814 $240,960 $13,197 $17,854
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