Home Educators Resource Organization
- Assets
- $408.3k
- Revenue
- $706.6k
- Investments
- $0.0
- Employees
- 2
- Location
- North St Paul, MN
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 41-1862926
Organization Overview
Home Educators Resource Organization is located in North St Paul, MN. The organization was established in 2001. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2022, Home Educators Resource Organization employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Educators Resource Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Home Educators Resource Organization generated $706.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $635.3k during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESOURCES FOR HOMESCHOOLERS AND TEACHING PARENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME EDUCATORS RESOURCE ORGANIZATION (HERO) PROVIDES WEEKLY LEARNING ACTIVITIES AND CLASSES FOR HOME EDUCATED STUDENTS AND TEACHING PARENTS IN THE MINNEAPOLIS/ST PAUL, MINNESOTA AREA. ITS MISSION IS DESIGNED TO PROVIDE A THREEFOLD EDUCATIONAL OPPORTUNITY TO HOME SCHOOLING FAMILIES. FIRST, THE ORGANIZATION OFFERS MANY OF THE NORMAL EDUCATIONAL STUDIES PROVIDED BY TRADITIONAL SCHOOLING (MATHMATICS, SCIENCE, LITERATURE, ETC.). SECOND, HERO PROVIDES HOMESCHOOLERS WITH MANY CREATIVE ARTS OPPORTUNITIES THAT ARE OFTEN UNAVAILABLE TO HOMESCHOOLERS (BAND, DRAMA, ART, ETC.). THIRD, HERO OFFERS A CONTROLLED SOCIALIZATION OPPORTUNITY THAT IS OFTEN MISSING IN THE LIVES OF MANY HOME SCHOOLED CHILDREN.THE OTHER DIMENSION IN THE OUTREACH OF HERO IS IN SUPPORTING THE TEACHING PARENT, BY DEVELOPING THEIR OWN SKILLS IN TEACHING AS THEIR STUDENT MATURES. THESE ONGOING EDUCATIONAL OPPORTUNITIES ARE AS IMPORTANT TO THE TEACHING PARENT AS THEY ARE FOR THE STUDENT. THE ORGANIZATION PROVIDES THIS SUPPORT IN THE FORM OF SEMINARS, CURRICULUM GUIDANCE, AND SHARED EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayne Wahlberg Administrator | OfficerTrustee | 60 | $76,583 |
Tom Wahlberg Treasurer | OfficerTrustee | 10 | $0 |
Sally Grossman Secretarylegal Advisor | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,915 |
| Total Program Service Revenue | $693,042 |
| Investment income | $547 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$210 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $706,619 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,583 |
| Compensation of current officers, directors, key employees. | $30,633 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,521 |
| Fees for services: Accounting | $1,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,681 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,000 |
| Travel | $1,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,217 |
| Insurance | $4,135 |
| All other expenses | $3,746 |
| Total functional expenses | $635,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,582 |
| Savings and temporary cash investments | $299,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,752 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,873 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $408,259 |
| Accounts payable and accrued expenses | $6,382 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,382 |
| Net assets without donor restrictions | $401,877 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $408,259 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Home Educators Resource Organization has recieved totaling $5,881.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,881 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bush Foundation St Paul, MN | $1,812,229,088 | $192,250,269 |
University Club Of Milwaukee Milwaukee, WI | $10,081,224 | $7,416,108 |
Public Health Law Center Inc St Paul, MN | $2,005,877 | $4,622,958 |
Chapel Hill Academy Inc Chanhassen, MN | $7,972,164 | $5,146,130 |
International Experience A Non- Profit Corporation Northfield, MN | $3,315,141 | $2,530,227 |
Maggie Applauds Great Goals In Education Inc Wayzata, MN | $26,327,381 | $2,188,614 |
Madison Community Cooperative Madison, WI | $4,314,477 | $1,420,997 |
Minnesota State College Student Association Inc W Saint Paul, MN | $1,729,546 | $828,239 |
Minnesota Intercollegiate Athletic Conference Bloomington, MN | $290,455 | $1,169,400 |
Bolder Options Minneapolis, MN | $1,671,157 | $1,108,504 |
Athletes Committed To Educating Students Minneapolis, MN | $1,071,272 | $1,427,462 |
Einstein Project Inc Green Bay, WI | $2,102,459 | $802,083 |