Family Scholar House Inc

Organization Overview

Family Scholar House Inc is located in Louisville, KY. The organization was established in 1996. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Family Scholar House Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Scholar House 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 06/2022, Family Scholar House Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 20.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF SUFFICIENCY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FSH WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF-SUFFICIENCY. FSH GIVES SINGLE PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FSH BELIEVES THAT EVERYONE DESERVES THE OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AND THAT ACCESS TO EDUCATION IS A SIGNIFICANT BARRIER FOR DISADVANTAGED FAMILIES. BY PROVIDING ACADEMIC ADVISING, APPRENTICESHIP OPPORTUNITIES, HOUSING, CHILDCARE, FAMILY SUPPORT SERVICES, AND INTER-GENERATIONAL LEARNING OPPORTUNITIES FOR HEALTH, WELL-BEING AND LIFE SKILLS, FSH HELPS TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. MANY OF THE PARTICIPANTS COME TO FSH LACKING SOME OF THE BASIC LIFE SKILLS NECESSARY FOR THEM TO BE SELF-SUFFICIENT, INCLUDING FINANCIAL LITERACY, HEALTHY LIFESTYLES, STRESS MANAGEMENT, AND PHYSICAL FITNESS. WHILE THE PARENT-SCHOLAR IS AT THE CENTER OF MANY PROGRAMS, FSH ALSO SUPPORTS THE CHILDREN IN OUR PROGRAM, WHO RECEIE THE SUPPORT AND RESOURCES THEY NEED TO BECOME SUCCESSFUL STUDENTS AND ASPIRE TO PROCEED TO HIGHER EDUCATION IN THEIR ADULT LIFE. THIS INCLUDES PROGRAMS LIKE TODDLER BOOK CLUB, CHILDREN FOR CHANGE, AND CAREER ACADEMY. FSH CREATES A COLLEGE-GOING CULTURE FOR EVERY PARTICIPANT IN THE PROGRAM. FSH CAMPUSES BECOME COMMUNITIES OF PEER SUPPORT, PROVIDING A NETWORK OF PEOPLE WITH SIMILAR BACKGROUNDS AND EXPERIENCES WHO STRENGTHEN AND ENCOURAGE ONE ANOTHER THROUGH THE CHALLENGES OF HIGHER EDUCATION AND PARENTING. THUS FAMILY SCHOLAR HOUSE, INC. IS AN EDUCATIONAL PROGRAM WITH A HOUSING COMPONENT THAT UTILIZES INTERNAL RESOURCES AND COMMUNITY COLLABORATIONS TO MEET THE NEEDS OF THE FAMILIES SERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Cathe Dykstra
President & CEO
$268,390
Adam Hall
Chair
$0
Kendall Webb Merrick
Secretary
$0
V Faye Jones
Vice Chair
$0
Alec White
Board Member
$0
Christian Bowles
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$177,500
Related organizations$0
Government grants $1,276,300
All other contributions, gifts, grants, and similar amounts not included above$2,787,241
Noncash contributions included in lines 1a–1f $30,000
Total Revenue from Contributions, Gifts, Grants & Similar$4,241,041
Total Program Service Revenue$569,119
Investment income $61,004
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $114,524
Net Income from Gaming Activities $10,000
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,995,688

Grants Awarded

Over the last fiscal year, Family Scholar House Inc has awarded $0 in support to 8 organizations.

Grant RecipientAmount
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Family Scholar House Inc has recieved totaling $50,250.

Awarding OrganizationAmount
Lewis And Gladys Bass Family Charitable Foundation Inc

Louisville, KY

PURPOSE: END CYCLE OF POVERTY BY EMPOWERING YOUTH TO SUCCEED IN EDUCATION

$35,000
Ashbritt Foundation Inc

Deerfield Beach, FL

PURPOSE: CHARITABLE

$15,000
Elite Homes Charitable Foundation Inc

Louisville, KY

PURPOSE: SUPPORT OF THE FAMILY SCHOLAR HOUSE

$250
View Grant Recipient Profile

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