Familymeans
- Assets
- $14.8m
- Revenue
- $4.9m
- Investments
- $2.7m
- Employees
- 66
- Location
- Stillwater, MN
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 41-6045574
Organization Overview
Familymeans is located in Stillwater, MN. The organization was established in 1965. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Familymeans employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Familymeans 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 12/2021, Familymeans generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAMILYMEANS STRENGTHENS COMMUNITIES BY HELPING INDIVIDUALS AND FAMILIES THROUGH CHALLENGES IN ALL LIFE STAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSELING AND THERAPY - SEE SCHEDULE O
FINANCIAL SOLUTIONS - SEE SCHEDULE O
CAREGIVING AND AGING - SEE SCHEDULE O
YOUTH DEVELOPMENT INITIATIVES FAMILYMEANS PROVIDES FREE, HIGH-QUALITY AFTER-SCHOOL AND SUMMER PROGRAMMING FOR YOUTH AGES 5 THROUGH 18 LIVING IN THE MOBILE HOME CITY OF LANDFALL, MINNESOTA AND THE PRIVATELY OWNED CIMARRON MOBILE HOME COMMUNITY IN LAKE ELMO, MINNESOTA. BOTH COMMUNITIES ARE HOME TO LOW-INCOME, DIVERSE, AND AT-RISK POPULATIONS OF YOUTH WHO ARE SOCIALLY AND PHYSICALLY ISOLATED FROM SURROUNDING COMMUNITIES. EACH SITE OFFERS A CHILDREN'S PROGRAM AND A TEEN PROGRAM. THE GOAL OF THE YOUTH DEVELOPMENT INITIATIVES IS EQUIPPING YOUTH TO LEARN, THRIVE, CONNECT AND CONTRIBUTE THROUGHOUT THEIR LIVES. PARTICIPATING YOUTH CAN EXPLORE ART, SCIENCE, MUSIC, COOKING, AND TECHNOLOGY SKILL-BUILDING IN A FREE-CHOICE, DROP-IN ENVIRONMENT. ACTIVITIES ALSO INCLUDE FIELD TRIPS, COMMUNITY SERVICE, SPORTS, FITNESS AND RECREATION, LEADERSHIP DEVELOPMENT, AND ORGANIZING COMMUNITY EVENTS. HELP WITH SCHOOL WORK IS AVAILABLE DAILY. THE READY TO BE PROGRAM GUIDES TEENS IN THOUGHTFUL PREPARATION FOR POSTSECONDARY LIFE. IN 2021, 176 CHILDREN AND YOUTH ATTENDED OUR PROGRAMS. IN YEAR-END SURVEYS, YOUTH STATE OUR PROGRAMMING CONNECTS THEM WITH CARING AND RESPONSIVE STAFF, OFFERS THEM NEW LEARNING OPPORTUNITIES, HELPS THEM DEVELOP RELATIONAL SKILLS AND THINK ABOUT THEIR FUTURES, AND ENABLES THEM TO CONTRIBUTE TO COMMUNITY LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kroening President & CEO | OfficerTrustee | 40 | $117,288 |
Lisa Holsten Director Of Finance | OfficerTrustee | 40 | $77,103 |
Brian Gunderson Board Chair | OfficerTrustee | 1 | $0 |
Cary Stewart Treasurer | OfficerTrustee | 1 | $0 |
Susannah Torseth Secretary | OfficerTrustee | 1 | $0 |
Melissa Harris Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $130,131 |
| Membership dues | $0 |
| Fundraising events | $66,076 |
| Related organizations | $0 |
| Government grants | $524,592 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,722,450 |
| Noncash contributions included in lines 1a–1f | $97,802 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,443,249 |
| Total Program Service Revenue | $2,318,127 |
| Investment income | $96,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,395 |
| Net Income from Fundraising Events | -$3,094 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,858,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,307 |
| 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. | $223,243 |
| Compensation of current officers, directors, key employees. | $188,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,179,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $225,101 |
| Payroll taxes | $179,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,757 |
| Fees for services: Other | $528,959 |
| Advertising and promotion | $73,815 |
| Office expenses | $142,019 |
| Information technology | $33,292 |
| Royalties | $0 |
| Occupancy | $185,557 |
| Travel | $13,226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,259 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $208,352 |
| Insurance | $49,498 |
| All other expenses | $0 |
| Total functional expenses | $4,455,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,036 |
| Savings and temporary cash investments | $3,462,296 |
| Pledges and grants receivable | $144,829 |
| Accounts receivable, net | $256,614 |
| 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 | $29,881 |
| Net Land, buildings, and equipment | $4,559,729 |
| Investments—publicly traded securities | $3,438,864 |
| Investments—other securities | $2,662,318 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,787,567 |
| Accounts payable and accrued expenses | $264,247 |
| 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 | $264,247 |
| Net assets without donor restrictions | $11,796,430 |
| Net assets with donor restrictions | $2,726,890 |
| 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 | $14,787,567 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Familymeans has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Stevens Square Foundation Minneapolis, MN PURPOSE: FAMILYMEANS CAREGIVING & AGING PROGRAM | $30,000 |
Raleigh Foundation Lake Elmo, MN PURPOSE: BETTER IS POSSIBLE FUND RAISER MENTAL HEALTH COUNSELING, YOUTH DEVELOP. PROGRAMS & CAREGIVER SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $2,658,449 |
| Earnings | $394,906 |
| Admin Expense | $23,149 |
| Other Expense | $367,888 |
| Ending Balance | $2,662,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Iowa Community Action Organization Mason City, IA | $4,791,194 | $9,251,857 |
Familymeans Stillwater, MN | $14,787,567 | $4,858,760 |
Prepare And Prosper St Paul, MN | $2,509,288 | $2,156,071 |
Consumer Credit Of Des Moines Des Moines, IA | $2,361,855 | $1,382,576 |
Securefutures Foundation Inc Milwaukee, WI | $1,756,343 | $1,837,399 |
Allen Credit & Debt Counseling Agency Wolsey, SD | $408,689 | $1,340,879 |
Black Hills Childrens Ranch Inc Rapid City, SD | $795,827 | $1,321,713 |
Center For Siouxland Sioux City, IA | $2,429,304 | $818,535 |
Advocacy Programs Of Family Service Association Of Sheboygan Inc Sheboygan, WI | $1,760,753 | $891,187 |
Family Service Association Of Sheboygan Inc Sheboygan, WI | $953,219 | $629,810 |
Rushmore Consumer Credit Resource Center Rapid City, SD | $1,176,938 | $416,877 |
Bill Payment Support Services Andover, MN | $224,852 | $411,709 |