Child And Family Resources Inc

Child And Family Resources Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 161041121 · Penn Yan, NY · NTEE: P37Z · Updated: 2026-03-28

$2.4MRevenue
$912KAssets
90/100Mission Score (Excellent)
P37Z
Child And Family Resources Inc Financial Summary
MetricValue
Total Revenue$2.4M
Total Expenses$2.2M
Program Spending85%
Net Assets$348K
Transparency Score90/100

Is Child And Family Resources Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Child And Family Resources Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Child And Family Resources Inc

Child And Family Resources Inc (EIN: 161041121) is a nonprofit organization based in Penn Yan, NY, classified under NTEE code P37Z. The organization reported total revenue of $2.4M and total assets of $912K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Child And Family Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

49Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Child And Family Resources Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$2.2M
Surplus / Deficit+$20K
Total Assets$862K
Total Liabilities$514K
Net Assets$348K
Operating Margin0.9%
Debt-to-Asset Ratio59.7%
Months of Reserves4.7 months

Financial Health Grade: A

In 2023, Child And Family Resources Inc reported a surplus of $20K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 59.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Child And Family Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+23.5%+23.5%+68.7%
2022-22.1%-17.3%+13.8%
2021+36.6%+30.6%-13.2%
2020+23.1%+20.9%+82.6%
2019+4.6%+5.3%+17.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1977

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Child And Family Resources Inc demonstrates consistent financial activity, with revenues generally exceeding expenses, leading to a steady growth in assets over the past decade. For instance, in the 202308 period, revenue was $2,197,173 against expenses of $2,177,234, contributing to an asset base of $861,765. The organization's liabilities have also increased, reaching $514,264 in 202308, which is a notable increase from previous years, but still manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its financial transparency and efficiency. While the specific breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health appears stable with a positive trend in net assets. The organization's financial management appears prudent, with a history of operating close to break-even or with small surpluses, which is typical for many nonprofits. The growth in assets from $283,086 in 201908 to $861,765 in 202308, alongside an increase in revenue from $1,356,876 to $2,197,173 over the same period, suggests effective scaling of operations. The absence of reported officer compensation is a significant positive indicator for transparency and efficient use of funds. However, without a detailed functional expense breakdown, a complete assessment of spending efficiency across programs, administration, and fundraising is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Child And Family Resources Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Child And Family Resources Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.2MTotal Revenue
$2.2MTotal Expenses
$862KTotal Assets
$514KTotal Liabilities
$348KNet Assets
  • The organization reported a surplus of $20K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 59.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive team or that compensation is reported under other categories, though the former is more likely given the consistent reporting.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Child And Family Resources Inc's IRS 990 filings:

  • Significant increase in liabilities from $183,130 in 202208 to $514,264 in 202308, which warrants further investigation into its nature.

Strengths

The following positive indicators were identified for Child And Family Resources Inc:

  • Consistent revenue growth over the past several years, from $1,356,876 in 201908 to $2,197,173 in 202308.
  • Significant asset growth, with assets increasing from $283,086 in 201908 to $861,765 in 202308.
  • Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
  • Expenses generally align closely with revenue, suggesting prudent financial management and operational stability.

Frequently Asked Questions about Child And Family Resources Inc

Is Child And Family Resources Inc a legitimate charity?

Child And Family Resources Inc (EIN: 161041121) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Child And Family Resources Inc spend its money?

Child And Family Resources Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Child And Family Resources Inc tax-deductible?

Child And Family Resources Inc is registered as a tax-exempt nonprofit (EIN: 161041121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Child And Family Resources Inc's spending goes to programs?

Child And Family Resources Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Child And Family Resources Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Child And Family Resources Inc is above average for NTEE category P37Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Child And Family Resources Inc located?

Child And Family Resources Inc is headquartered in Penn Yan, New York and files with the IRS under EIN 161041121. It is classified under NTEE code P37Z.

How many years of IRS 990 filings does Child And Family Resources Inc have?

Child And Family Resources Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.

Is Child And Family Resources Inc a good charity?

Based on the provided data, Child And Family Resources Inc appears to be a well-managed charity. It consistently operates with revenues covering expenses, has grown its assets significantly, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth, with revenue increasing from $1,356,876 in 201908 to $2,197,173 in 202308, and assets growing from $283,086 to $861,765 in the same period, indicating a positive trend in financial health.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is a strong indicator of financial efficiency and transparency, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, allowing more funds to be directed towards programs.

Filing History

IRS 990 filing history for Child And Family Resources Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Child And Family Resources Inc's revenue has grown by 40.3%, moving from $1.6M to $2.2M. Total assets increased by 111.7% over the same period, from $407K to $862K. Total functional expenses rose by 41.8%, from $1.5M to $2.2M. In its most recent filing year (2023), Child And Family Resources Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $514K in liabilities against $862K in assets (debt-to-asset ratio: 59.7%), resulting in net assets of $348K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $2.2M $862K $514K View 990
2022 $1.8M $1.8M $511K $183K View 990
2021 $2.3M $2.1M $449K $136K View 990
2020 $1.7M $1.6M $517K $353K View 990
2019 $1.4M $1.4M $283K $157K View 990
2018 $1.3M $1.3M $241K $121K View 990
2017 $1.3M $1.3M $213K $107K View 990
2016 $1.3M $1.4M $254K $89K View 990
2015 $1.4M $1.4M $284K $90K View 990
2014 $1.4M $1.4M $313K $92K View 990
2013 $1.5M $1.5M $325K $83K View 990
2012 $1.5M $1.5M $346K $127K View 990
2011 $1.6M $1.5M $407K $144K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $862K (revenue +23.5% year-over-year).
  • 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $511K (revenue -22.1% year-over-year).
  • 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $449K (revenue +36.6% year-over-year).
  • 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $517K (revenue +23.1% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $283K (revenue +4.6% year-over-year).
  • 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $241K (revenue +1.6% year-over-year).
  • 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $213K (revenue -4.8% year-over-year).
  • 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $254K (revenue -4.5% year-over-year).
  • 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $284K (revenue +1.7% year-over-year).
  • 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $313K (revenue -6.8% year-over-year).
  • 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $325K (revenue -0.4% year-over-year).
  • 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $346K (revenue -4.9% year-over-year).
  • 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $407K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Child And Family Resources Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Child And Family Resources Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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