Families Inc
- Assets
- $786.8k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 112
- Location
- West Branch, IA
- Founding
- 11/1975
- Data as of
- 06/2021
- EIN
- 42-1023208
Organization Overview
Families Inc is located in West Branch, IA. The organization was established in 1975. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, under the broad grouping of Human Services and related organizations. As of 06/2021, Families Inc employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Families 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 06/2021, Families Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. 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
FAMILY HOME-BASED COUNSELING
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME BASED COUNSELING SERVICES AS CONTRACTED WITH IOWA MEDICAL ENTERPRISE JUVENILE COURT SERVICES, AND OTHER SMALLER GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Tarvestad Secretary/treas | OfficerTrustee | 1 | $0 |
Jenny Krieter Vice President | OfficerTrustee | 1 | $0 |
Judy Cottingham President | OfficerTrustee | 1 | $0 |
Kathy Fait Director | Trustee | 1 | $0 |
Misty Herring Director | Trustee | 1 | $0 |
Troy Lockhartt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,409 |
| Investment income | $1,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,875,402 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,359,516 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $166 |
| Office expenses | $4,328 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,003 |
| Travel | $36,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,333 |
| Insurance | $23,328 |
| All other expenses | $0 |
| Total functional expenses | $1,531,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,349 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,325 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36 |
| Total assets | $786,848 |
| Accounts payable and accrued expenses | $180,293 |
| 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 | $180,293 |
| 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 | $606,555 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Families Inc has recieved totaling $84,846.
| Awarding Organization | Amount |
|---|---|
Building Direction For Families Inc Independence, IA PURPOSE: MENTAL HEALTH SERVICES | $84,837 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand Prairie Services Tinley Park, IL | $5,045,625 | $14,790,841 |
Synergy Services Inc Parkville, MO | $12,249,854 | $12,791,535 |
Family Focus Chicago, IL | $37,991,575 | $12,805,826 |
Counseling & Family Services Of Peoria Il Inc Peoria, IL | $3,678,531 | $9,443,112 |
Arrowleaf Golconda, IL | $13,050,999 | $11,443,947 |
Family & Childrens Center La Crosse, WI | $12,718,545 | $8,445,153 |
Relate Inc Minnetonka, MN | $8,504,842 | $7,964,890 |
Lee Carlson Center For Mental Health And Well-Being Fridley, MN | $3,297,969 | $7,333,401 |
Family Counseling Service Of Aurora Aurora, IL | $2,237,361 | $4,670,669 |
The Bridge For Youth Minneapolis, MN | $9,395,654 | $4,590,246 |
Wellspring Inc Rapid City, SD | $6,665,351 | $3,681,953 |
Mind And Spirit Counseling Center Urbandale, IA | $3,425,377 | $3,583,990 |