Family Center Inc
Family Center Inc shows consistent revenue, growing assets, and no reported officer compensation over a decade.
EIN: 133910716 · Brooklyn, NY · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $6.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6,532,327 |
| Net Assets | $3.6M |
| Transparency Score | 92/100 |
Is Family Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Center Inc
Family Center Inc (EIN: 133910716) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P99. The organization reported total revenue of $6.0M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Center Inc is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.6M |
| Surplus / Deficit | $-37,024 |
| Total Assets | $5.9M |
| Total Liabilities | $2.3M |
| Net Assets | $3.6M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Family Center Inc reported a deficit of $37K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -0.1% | +15.6% |
| 2022 | -6.5% | +7.7% | +4.4% |
| 2021 | +8.7% | +0.6% | +24.4% |
| 2020 | +1.4% | +0.2% | +30.1% |
| 2019 | +25.8% | +18.7% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Center Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Family Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either no compensation for officers or that it is categorized differently, which is highly favorable for a nonprofit of its size (latest revenue $6,532,327).
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 Family Center Inc's IRS 990 filings:
- Increase in liabilities from $386,841 in 2017 to $2,269,023 in 2023, which warrants further investigation despite asset growth.
Strengths
The following positive indicators were identified for Family Center Inc:
- Consistent 'Officer Comp=0%' across all filings, indicating efficient use of funds.
- Significant asset growth from $2,154,122 in 2017 to $5,869,309 in 2023.
- Stable revenue generation, consistently covering or closely matching expenses over a decade.
- Long history of consistent IRS 990 filings (13 periods), demonstrating transparency.
Frequently Asked Questions about Family Center Inc
Is Family Center Inc a legitimate charity?
Family Center Inc (EIN: 133910716) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Family Center Inc spend its money?
Family Center Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Family Center Inc tax-deductible?
Family Center Inc is registered as a tax-exempt nonprofit (EIN: 133910716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Center Inc CEO make?
Family Center Inc's highest-compensated officer earns $6,532,327 annually. The organization reported $6.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Center Inc's spending goes to programs?
Family Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Family Center Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Center Inc located?
Family Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133910716. It is classified under NTEE code P99.
How many years of IRS 990 filings does Family Center Inc have?
Family Center 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 $6.0M in total revenue.
Is Family Center Inc financially stable?
Yes, Family Center Inc appears financially stable. Its revenues have consistently covered expenses over the past decade, and its assets have grown significantly from $2,154,122 in 2017 to $5,869,309 in 2023.
How does Family Center Inc manage executive compensation?
The IRS 990 filings consistently report 'Officer Comp=0%' for Family Center Inc, indicating a very lean approach to executive salaries or that such compensation is not reported under this specific category.
Has Family Center Inc's financial health improved over time?
Yes, the organization's assets have nearly tripled from $2,154,122 in 2017 to $5,869,309 in 2023, indicating improved financial health and capacity.
Filing History
IRS 990 filing history for Family Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Center Inc's revenue has grown by 43.1%, moving from $4.6M to $6.5M. Total assets increased by 58.8% over the same period, from $3.7M to $5.9M. Total functional expenses rose by 44.2%, from $4.6M to $6.6M. In its most recent filing year (2023), Family Center Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $5.9M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.6M | $5.9M | $2.3M | — | View 990 |
| 2022 | $6.6M | $6.6M | $5.1M | $1.4M | — | View 990 |
| 2021 | $7.1M | $6.1M | $4.9M | $1.3M | — | View 990 |
| 2020 | $6.5M | $6.1M | $3.9M | $1.3M | — | View 990 |
| 2019 | $6.4M | $6.1M | $3.0M | $856K | — | View 990 |
| 2018 | $5.1M | $5.1M | $2.2M | $462K | — | View 990 |
| 2017 | $4.6M | $4.8M | $2.2M | $387K | — | View 990 |
| 2016 | $4.9M | $5.0M | $2.3M | $314K | — | View 990 |
| 2015 | $4.6M | $4.8M | $2.5M | $395K | — | View 990 |
| 2014 | $3.8M | $4.6M | $2.8M | $580K | — | View 990 |
| 2013 | $4.8M | $4.9M | $3.6M | $487K | — | View 990 |
| 2012 | $5.1M | $5.1M | $3.8M | $585K | — | View 990 |
| 2011 | $4.6M | $4.6M | $3.7M | $522K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.6M, and assets of $5.9M (revenue -1.5% year-over-year).
- 2022: Revenue of $6.6M, expenses of $6.6M, and assets of $5.1M (revenue -6.5% year-over-year).
- 2021: Revenue of $7.1M, expenses of $6.1M, and assets of $4.9M (revenue +8.7% year-over-year).
- 2020: Revenue of $6.5M, expenses of $6.1M, and assets of $3.9M (revenue +1.4% year-over-year).
- 2019: Revenue of $6.4M, expenses of $6.1M, and assets of $3.0M (revenue +25.8% year-over-year).
- 2018: Revenue of $5.1M, expenses of $5.1M, and assets of $2.2M (revenue +10.3% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.8M, and assets of $2.2M (revenue -5.6% year-over-year).
- 2016: Revenue of $4.9M, expenses of $5.0M, and assets of $2.3M (revenue +5.8% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.8M, and assets of $2.5M (revenue +23.2% year-over-year).
- 2014: Revenue of $3.8M, expenses of $4.6M, and assets of $2.8M (revenue -21.6% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.9M, and assets of $3.6M (revenue -6.2% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.1M, and assets of $3.8M (revenue +12.2% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.6M, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Center Inc:
Data Sources and Methodology
This transparency report for Family Center 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.