Families Helping Families
- Assets
- $625.5k
- Revenue
- $282.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Cedar Rapids, IA
- Founding
- 06/2006
- Data as of
- 06/2023
- EIN
- 71-0985937
Organization Overview
Families Helping Families is located in Cedar Rapids, IA. The organization was established in 2006. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2023, Families Helping Families employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Families Helping Families 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 06/2023, Families Helping Families generated $282.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $214.9k during the year ending 06/2023. While expenses have increased by 7.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT IOWA'S CHILDREN IN FOSTER CARE BY PROVIDING SERVICES TO HELP WITH THEIR MENTAL AND OVERALL WELL-BEING AND ALLEVIATING SOME OF THE FINANCIAL STRESSORS CAREGIVERS FACE WHEN TAKING ON THESE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOE VOUCHER PROGRAM: THROUGH COLLABORATION WITH THE KIWANIS CLUB OF CEDAR RAPIDS AND OTHER COMMUNITY ORGANIZATIONS, CHILDREN IN FOSTER CARE WERE ELIGIBLE TO RECEIVE ONE NEW PAIR OF SHOES THROUGH OUR SHOE VOUCHER PROGRAM. THIS IS FOR CHILDREN IN FOSTER CARE AGES 4-18 YEARS OLD, AND WE GAVE OUT 548 SHOE VOUCHERS THROUGH OUR PROGRAM FOR CHILDREN IN FOSTER CARE ACROSS IOWA.
CLOTHING CLOSET: OUR CLOTHING CLOSET IS OPEN AND FREE FOR FAMILIES TO BRING THEIR FOSTER CHILDREN IN TO SHOP FOR ANY SEASON. CHILDREN IN FOSTER CARE MOVE AN AVERAGE OF SEVEN TIMES BEFORE THE AGE OF 18 AND LEAVE THEIR TEMPORARY HOMES ABRUPTLY. FHF HELPS WITH THESE TRANSITIONS AND PROVIDES FAMILIES WITH THE ESSENTIALS THAT A CHILD MAY NEED. OUR CLOTHING CLOSET PROVIDES DIAPERS, WIPES, CAR SEATS, HIGHCHAIRS, AND CLOTHES FOR AGES INFANT-18 YEARS OF AGE. THIS FISCAL YEAR, OUR CLOTHING CLOSET WAS UTILIZED 1,041 TIMES.
SPREAD YOUR WINGS: SPREAD YOUR WINGS IS OUR SCHOLARSHIP PROGRAM SO KIDS CAN PARTICIPATE IN EXTRACURRICULAR ACTIVITIES. WE BELIEVE CHILDREN WHO ENGAGE IN ATHLETIC ACTIVITIES, MUSIC, DANCE, OR SIMILAR PURSUITS DEVELOP SELF-CONFIDENCE AND ESTABLISH MEANINGFUL RELATIONSHIPS. THIS SCHOLARSHIP PROGRAM IS FOR AGES 2-18. CHILDREN CAN SIGN UP FOR MUSIC LESSONS, DANCES, SPORTS, AND CAMPS. FHF COVERS MEMBERSHIP FEES, APPAREL, AND ANY EQUIPMENT NEEDED. EACH CHILD RECEIVES A $500 SCHOLARSHIP FOR THEIR CHOSEN ACTIVITIES; FHF GAVE OUT 163 SCHOLARSHIPS THIS FISCAL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Carlson Executive Director (partial Year) | Officer | 40 | $70,920 |
Angela Downing Programs And Events Director | Officer | 35 | $36,525 |
Sandy Merritt President | OfficerTrustee | 8 | $0 |
Maria Johnson Vice President And Secretary | OfficerTrustee | 3 | $0 |
Jenna Sandry Treasurer | OfficerTrustee | 8 | $0 |
Amber O'connor Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,754 |
| Total Program Service Revenue | $117,608 |
| Investment income | $1,099 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,215 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,676 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $70,920 |
| Compensation of current officers, directors, key employees. | $14,184 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,927 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $867 |
| Office expenses | $16,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,397 |
| Travel | $633 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $665 |
| Interest | $2,599 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,171 |
| Insurance | $495 |
| All other expenses | $45,776 |
| Total functional expenses | $214,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,153 |
| Net Land, buildings, and equipment | $356,321 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $625,535 |
| Accounts payable and accrued expenses | $2,652 |
| 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 | $28,639 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,291 |
| Net assets without donor restrictions | $431,081 |
| Net assets with donor restrictions | $163,163 |
| 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 | $625,535 |