Overview

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Est.

2018

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FAMILY INC is a nonprofit organization dedicated to ending the cycle of poverty and transforming communities by empowering families and youth to succeed in education and achieve lifelong self-sufficiency. With an operating budget of $8.6 million and total revenue of $11.3 million for the 2024 filing year, the organization relies on a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.familyscholarhouse.org.

Mission Statement

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.
Revenues
$11.3M
Expenses
$8.8M
Net Income:
+$2.5M
Assets
$33.1M
Liabilities
$12.5M
Net Assets:
+$20.6M
Operating Budget
$8.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$40K
Largest grant received
$40K
C
Cathe Dykstra
Board Member
K
Kate L Brackett
Board Member
C
Corey Robinson
Board Member

Frequently Asked Questions

What is FAMILY INC’s budget?
In 2024, FAMILY INC reported an annual operating budget of around $8.6 million. More detailed financial information is available to registered users.
What causes does FAMILY INC support?
FAMILY INC supports work in Education.
Where does FAMILY INC operate?
FAMILY INC is headquartered in Louisville, KY.
Who funded FAMILY INC recently?
In 2020, FAMILY INC received grants from DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant FAMILY INC received in 2020?
The largest grant to FAMILY INC in 2020 exceeds $40 thousand.
What is FAMILY INC’s reliance on government grants?
FAMILY INC relied on government grants for more than 35% of their total revenue in 2024.