Family Enrichment Network Inc
- Assets
- $8.0m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 402
- Location
- Johnson City, NY
- Founding
- 04/1980
- Data as of
- 10/2020
- EIN
- 16-1113373
Organization Overview
Family Enrichment Network Inc is located in Johnson City, NY. The organization was established in 1980. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 10/2020, Family Enrichment Network Inc employed 402 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Enrichment Network Inc 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 10/2020, Family Enrichment Network Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $10.4m during the year ending 10/2020. While expenses have increased by 2.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PLANNING, COORDINATING AND IMPLEMENTING CHILD DEVELOPMENT AND CHILD SERVICES ON BEHALF OF CHILDREN AND THEIR FAMILIES IN BROOME COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.
CHILD AND ADULT CARE FOOD PROGRAM - PROVIDES NUTRITIONAL TRAINING AND REIMBURSEMENT OF FOOD COSTS TO REGISTERED/LICENSED FAMILY CHILDCARE PROVIDERS.
EARLY HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.
CHILD CARE RESOURCE AND REFERRALUNIVERSAL PRE-KINDERGARTENCHILD DAY CAREFATHERHOODFAMILY SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Newvine Executive Director | Officer | 40 | $140,014 |
Nora Bush Finance Director | Officer | 40 | $96,933 |
Jackie Watson Chairperson | OfficerTrustee | 2 | $0 |
Wilbert Midyette Treasurer | OfficerTrustee | 2 | $0 |
Fred Meagher Secretary | OfficerTrustee | 2 | $0 |
Carrie Bates Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,805,380 |
| Investment income | $904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,375 |
| Net Income from Fundraising Events | $8,060 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,621,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $745,442 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $189,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,259,511 |
| Pension plan accruals and contributions | $44,718 |
| Other employee benefits | $852,961 |
| Payroll taxes | $539,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,971 |
| Fees for services: Accounting | $58,608 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $117,799 |
| Advertising and promotion | $22,127 |
| Office expenses | $62,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $303,671 |
| Travel | $149,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,503 |
| Insurance | $55,062 |
| All other expenses | $0 |
| Total functional expenses | $10,407,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,363 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,131,254 |
| Accounts receivable, net | $107,647 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,636 |
| Prepaid expenses and deferred charges | $21,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,419 |
| Other assets | $52,203 |
| Total assets | $8,020,609 |
| Accounts payable and accrued expenses | $456,976 |
| 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 | $815,864 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,548,731 |
| Total liabilities | $2,821,571 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $5,199,038 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Family Enrichment Network Inc has recieved totaling $67,483.
| Awarding Organization | Amount |
|---|---|
United Way Of Broome County Inc Binghamton, NY PURPOSE: SECOND STEP - MENTAL HEALTH CONSULTATION | $38,525 |
Decker Foundation Binghamton, NY PURPOSE: PURCHASE AND INSTALL BOILER SYSTEM | $16,067 |
Community Foundation For South Central New York Inc Johnson City, NY PURPOSE: THERAPY EQUIPMENT AND CPR SUPPLIES | $12,502 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |