Overview
What is Homestead Schools Inc?
Homestead Schools Inc, established in 1991, is a California-based nonprofit organization situated at 23800 Hawthorne Boulevard, Torrance. Their primary mission revolves around developing, publishing, and distributing educational programs, catering to various professions such as nursing, dentistry, psychiatry, clinical social work, mental health counseling, marriage and family therapy, dietetics, and medical sciences, among others. The organization also extends its educational offerings to fields like law, finance, insurance, and consumer traffic education. Homestead Schools Inc provides these educational resources through home study and online courses, and hosts seminars and conferences to help professionals enhance their knowledge and maintain their skills. With a team of 29 dedicated individuals, Homestead Schools Inc strives to contribute to the ongoing education and professional development of individuals in various professional domains.
Official website here: www.homesteadschools.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Homestead Schools Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance metrics. The organization has a commendable Accountability & Finance score of 81%, indicating that it adheres to necessary standards in financial management and transparency. Its financial statements are audited, and it has implemented essential policies, such as conflict of interest and whistleblower protections, showcasing a commitment to ethical governance.
The charity demonstrates a strong program expense ratio of 94.91%, suggesting that a significant portion of its resources is directed towards its mission-related activities. Additionally, the organization maintains a favorable liabilities to assets ratio of 29.89%, highlighting financial stability. Such metrics reflect positively on the charity's operational efficiency and dedication to maximizing impact.
However, while the overall financial management appears robust, the high salaries of some key personnel may raise concerns for some donors regarding the allocation of funds. The President’s salary, for example, is notably high at $955,000, which could detract from the perception of the charity's financial stewardship among potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Homestead Schools Inc legitimate?
Homestead Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Schools Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $955,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.homesteadschools.com
What is the mission statement of Homestead Schools Inc?
Homestead Schools Inc, established in 1991, focuses on delivering professional educational programs and educational materials in various fields. These areas of expertise include nursing, dentistry, psychiatry, and other allied medical professions, as well as additional domains such as law, finance, insurance, and consumer traffic education. The organization provides a range of educational activities, from home study courses and online learning to seminars and conferences, all aimed at enhancing professionals' knowledge and maintaining their skills. Homestead Schools Inc strives to serve a diverse audience, offering educational resources in subjects like clinical social work, mental health counseling, marriage and family therapy, dietetics, and medical sciences.
Official website here: www.homesteadschools.com
Who is the CEO of Homestead Schools Inc?
Vijay Fadia is the President of Homestead Schools Inc.
Official website here: www.homesteadschools.com
What is the revenue of Homestead Schools Inc?
Homestead Schools Inc's revenue in 2022 was $3,756,749.
Official website here: www.homesteadschools.com
Who are the executives of Homestead Schools Inc and what are their salaries?
The average compensation at Homestead Schools Inc during 2022 was $32,931. There are 29 employees at Homestead Schools Inc.
Here are 6 key members and their salaries:
- Compensation: $955,000
- Related: $0
- Other: $0
- Compensation: $206,815
- Related: $0
- Other: $0
- Compensation: $153,870
- Related: $0
- Other: $0
- Compensation: $121,325
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.homesteadschools.com
Where can I find the form 990 for Homestead Schools Inc?
Homestead Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homesteadschools.com
Learn more at the official website: www.homesteadschools.com
Mission Statement of Homestead Schools Inc
Homestead Schools Inc, established in 1991, is dedicated to advancing professional education in various fields. The organization's primary focus lies in the domains of nursing, dentistry, psychiatry, and other allied medical professional programs. Its mission is to develop, publish, and distribute educational programs, catering to a wide range of audiences. Homestead Schools Inc delivers this education through a variety of means, including home study courses, online modules, and seminars and conferences. These educational opportunities aim to equip healthcare professionals and other professionals with the latest knowledge and skills, ensuring they remain at the forefront of their respective fields. The organization also extends its reach to areas such as law, finance, insurance, and consumer traffic education, demonstrating its commitment to broad-based professional development.
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Impact
October, 2024
Homestead Schools Inc has made a significant impact by providing a wide range of professional educational programs and materials in crucial fields such as nursing, dentistry, psychiatry, and other allied medical professions. Established in 1991, the organization has developed a comprehensive curriculum that caters to various audiences, enhancing the skills and knowledge of healthcare professionals.
Through home study and online courses, seminars, and conferences, Homestead Schools Inc empowers individuals in their professional journeys, ultimately contributing to improved patient care and outcomes. Their focus on continuing education not only supports the personal growth of healthcare providers but also fosters a more knowledgeable and competent workforce. By addressing the educational needs of professionals in diverse areas, including mental health and nutrition, Homestead Schools Inc plays a vital role in advancing the standards of care across multiple disciplines, positively impacting communities in Torrance, California, and beyond.
This information is meant to be a general summary of Homestead Schools Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,160,756
- Program Service Revenue: $4,228,465
- Gross Receipts: $4,057,937
Assets and Liabilities:
- Total Assets: $14,624,793
- Total Liabilities: $4,372,218
- Net Assets: $10,252,575
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, net of refunds
Revenue
$4,228,465
Organization Details
Founding Year
1991
Phone
(310) 791-9975Principal Officer
Vijay Fadia
Main Address
23800 HAWTHORNE BOULEVARD 200, TORRANCE, CA, 90505
Website
www.homesteadschools.comNTEE Category
Code: Z99Z - Unknown
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