Heartwood Educational Collaborative

EIN: 472834601 501(c)(3) Education

Fairfax, CA

Total Revenue
$90,036
Total Expenses
$115,791
Total Assets
$21,403
Net Assets
$21,403
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
Greg Browman
Phone
4153281080
Tax Period
2020-01-01 to 2020-12-31

Heartwood Educational Collaborative, founded in 2014, is a micro nonprofit in the Education sector that reported $90K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year. Expenses of $116K exceeded revenue, resulting in a 29% operating deficit.

Mission

With attention and care, we aim to provide a stimulating and enriching education, awakening critical and creative thinking, instilling a love of work and learning that propels our students to make positive, heart-felt and inspiring contributions to our shared world.

Program Service Accomplishments

Program 1
Expenses: $102,176 Revenue: $49,355

Heartwood Educational Collaborative is non-profit, educational collaborative providing educational support for K-12 students and their families enrolled in publicly funded, independent study and home...

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Heartwood Educational Collaborative is non-profit, educational collaborative providing educational support for K-12 students and their families enrolled in publicly funded, independent study and home school programs in California. We provide financial support and volunteer organizing assistance oriented toward Waldorf inspired teaching methods in an organized community environment to support students who may not be served by traditional, education methods in traditional, public school classrooms. Waldorf teaching methods have been evolving and adapting for over 100 years and have proven to successfully guide generations of students to become self-learners and responsible global citizens.In 2019 the program applied for a separate charter authorization with Liberty School District and that charter was approved. Heartwood Charter School was created as an independent public charter school in Sonoma and Marin counties. In 2020 Heartwood Educational Collaborative worked closely with the new charter school to provide support for families and students as well as the charter school itself through grants for teachers and classes not funded under the new charter school, offsetting rental costs and offering parenting education programs. Heartwood Educational Collaborative is still committed to achieving fundraising goals and continued support for local independent study students.

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,512
Program Service Revenue $0
Investment Income $0
Other Revenue $50,524
TOTAL REVENUE $90,036

Expense Breakdown

Grants Paid $65,000
Salaries & Benefits $0
Fundraising Expenses $864
Program Expenses $102,176
Other Expenses $50,791
TOTAL EXPENSES $115,791

Year-over-Year Comparison

2020 2019 Change
Revenue $90,036 $99,539 -0.1%
Expenses $115,791 $155,359 -0.3%
Net Income $-25,755 $-55,820 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
30

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Greg Browman Chairperson 2.00
Officer Director
$0 $0 $0
Amy Hoffman Puccinelli Treasurer 8.00
Officer Director
$0 $0 $0
Melissa Guyout Secretary 1.00
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
2020 $90,036 $115,791 $21,403 $-25,755
2019 $99,539 $155,359 $47,158 $-55,820
2018 $346,609 $297,937 $102,978 $48,672
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