Learning Home Volunteers EIN 83-3036600 Form 990 (PDF) Claim this org

Learning Home Volunteers

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Prepare children for kindergarten with volunteer tutors, regardless of their family's income. For fiscal year 2025 it reported $534K in revenue, $242K in expenses, and $863K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Education
Location
San Carlos, CA
Website
www.learninghomevolunteers.org
Filings
6 on file (2020–2025)
Revenue
$534KFY2025
Expenses
$242K
Net assets
$863K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-3036600 Public charity (501(c)(3)) San Carlos, CA Founded 2019
Form 990 (PDF)
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Size
$100K–1M
What they do
Prepare children for kindergarten with volunteer tutors, regardless of their family's income.
Leadership
Muffie Waterman · Board Member
Money in and out
$534K revenue, $242K expenses
Bottom line
60% program efficiency
Where the money goes · FY2025
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$863K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $292K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.39 Fundraising $0.01
Program efficiency
60%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
42.7mo
months of highly liquid reserves at operating expense rate▲ +23% vs prior filing year
Surplus margin
+55%
revenue over expenses, this year▼ -7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$534K
FY2025▲ +18%
Expenses
$242K
FY2025▲ +30%
Total assets
$863K
FY2025▲ +59%
Total liabilities
$0
FY2025
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$863K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$292K
Total assetsPt X · Ln 16$863K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLearning Home Volunteers
EINHdr · item D83-3036600
Principal addressHdr · item CSan Carlos, CA
WebsiteHdr · item Jwww.learninghomevolunteers.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $145K of program spending, described in the organization's own filed words · FY2025.
01

In our program the childs first teachers their parents continue in their roles of the educator but instead of the learning being adult led it is child led. This is a significant change in the relationship that parents have with their child but an essential one. To help our parents make this change our family coordinator is key.

$97Kprogram expense
02

Our secret sauce is our learning sessions. Sessions focus on a single topic i.e. like flowers and will contain 7 to 13 individual learning activities for the parent and the child to explore together.

$25Kprogram expense
03

Train and support parents to foster learning in a child-directed play program: Each parent is trained on the adults role in child-directed play. Training includes both online training 1.5 hours and in-person training 3 hrs. Ongoing training is provided through Classtag and in person visits by our family coordinators.

$23Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$525K · 98%
Investment income$7K · 1%
Contributions & grants98%$525K
Investment income1%$7K
Other revenue$2K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.39 Fundraising $0.01
Program services60%$145K
Management & general39%$95K
Fundraising1%$2K
Total functional expensesLn 25$242K

Balance Sheet

Part X · end of year
CashLn 1$863K
Total assetsLn 16$863K
Total liabilitiesLn 26$0
Total net assetsLn 32$863K
Months of cash on handcomputed42.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $863K · Operating expenses/yr $242K
42.7 months
Where the money goes
Program services
Program services $145K · Total expenses $242K
60%
Management & General
Management & general $95K · Total expenses $242K
39%
Fundraising
Fundraising $2K · Total expenses $242K
0.9%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $390K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $525K · Total revenue $534K
98%
Government reliance
Government grants $0 · Total revenue $534K
0%
Earned-income share
Program service revenue $0 · Total revenue $534K
0%
Investment reliance
Investment income $7K · Total revenue $534K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $242K
0%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $453K
+18%
Net-asset trend (YoY)
End of year $863K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $242K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $863K
Net-asset ratio
Net assets $863K · Total assets $863K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $863K
0%
People & payroll
Highest Reported Total Compensation
Individual Muffie Waterman · Reported title Board Member · Highest reported compensation $0 · Total expenses $242K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $242K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 39%
Fundraising cost ratio 0.4%
Revenue growth 18%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$534K revenue · viewing · ⤓ 990 PDF
FY2024$453K revenue · ⤓ 990 PDF
FY2023$192K revenue · ⤓ 990 PDF
FY2022$146K revenue · ⤓ 990 PDF
FY2021$72K revenue · ⤓ 990 PDF
FY2020$23K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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