Family & Childrens Services Inc
Family & Children's Services Inc: Financial Volatility and Transparency Concerns
EIN: 221487179 · Elizabeth, NJ · NTEE: P40Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Program Spending | 75% |
| Net Assets | $695K |
| Transparency Score | 65/100 |
Is Family & Childrens Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family & Childrens Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family & Childrens Services Inc
Family & Childrens Services Inc (EIN: 221487179) is a nonprofit organization based in Elizabeth, NJ, classified under NTEE code P40Z. The organization reported total revenue of $2.4M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family & Childrens Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family & Childrens Services Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-84,240 |
| Total Assets | $1.3M |
| Total Liabilities | $574K |
| Net Assets | $695K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 45.2% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Family & Childrens Services Inc reported a deficit of $84K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 45.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family & Childrens Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.2% | +83.2% | +8.3% |
| 2022 | -57.5% | -55.9% | -17.8% |
| 2021 | -7.9% | -0.4% | +2.1% |
| 2020 | +3.6% | -3.1% | +89.0% |
| 2019 | +11.0% | +10.0% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 & Childrens Services Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Family & Childrens Services Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed without access to detailed 990 filings, which are not publicly available for this organization.
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 & Childrens Services Inc's IRS 990 filings:
- Significant revenue and expense volatility across reporting periods (e.g., revenue dropped from $3.2M in 2020 to $1.2M in 2022, then increased to $2.3M in 2023) without clear explanations.
- Lack of readily accessible 990 forms, which are crucial for detailed financial and governance transparency.
- Consistent reporting of 0% fundraising costs across multiple years, which may indicate underreporting or an unusual operational model.
Strengths
The following positive indicators were identified for Family & Childrens Services Inc:
- Maintains a positive net asset position across all reported years, indicating financial solvency.
- Despite revenue fluctuations, the organization has consistently reported assets exceeding liabilities.
Frequently Asked Questions about Family & Childrens Services Inc
Is Family & Childrens Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family & Childrens Services Inc (EIN: 221487179) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Family & Childrens Services Inc spend its money?
Family & Childrens Services Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family & Childrens Services Inc tax-deductible?
Family & Childrens Services Inc is registered as a tax-exempt nonprofit (EIN: 221487179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family & Childrens Services Inc's spending goes to programs?
Family & Childrens Services Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family & Childrens Services Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Family & Childrens Services Inc is above average for NTEE category P40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family & Childrens Services Inc located?
Family & Childrens Services Inc is headquartered in Elizabeth, New Jersey and files with the IRS under EIN 221487179. It is classified under NTEE code P40Z.
How many years of IRS 990 filings does Family & Childrens Services Inc have?
Family & Childrens Services 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.
What does Family & Childrens Services Inc do?
Family & Childrens Services Inc is a nonprofit organization in the Human Services sector, located in Elizabeth, New Jersey. It is classified under NTEE code P40Z.
How much revenue does Family & Childrens Services Inc have?
Family & Childrens Services Inc reported total revenue of $2,395,017. Based on 13 IRS 990 filings on record.
What are Family & Childrens Services Inc's total assets?
Family & Childrens Services Inc holds total assets of $1,223,615 as reported in IRS 990 filings.
Where is Family & Childrens Services Inc located?
Family & Childrens Services Inc is based in Elizabeth, New Jersey.
What is Family & Childrens Services Inc's EIN?
Family & Childrens Services Inc's Employer Identification Number (EIN) is 221487179. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Family & Childrens Services Inc?
Family & Childrens Services Inc is classified under NTEE code P40Z (Human Services).
Is Family & Childrens Services Inc a registered 501(c)(3)?
Yes, Family & Childrens Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 221487179.
Does Family & Childrens Services Inc file IRS Form 990?
Yes, Family & Childrens Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Family & Childrens Services Inc's revenue in 2023?
In the 202306 filing period, Family & Childrens Services Inc reported total revenue of $2,314,044, total expenses of $2,398,284, and net assets of $1,268,628.
Is Family & Childrens Services Inc's revenue growing or declining?
Family & Childrens Services Inc's revenue is growing. Revenue went from $1,256,530 (202206) to $2,314,044 (202306), a +84.2% change. Based on 13 filings on record.
What is Family & Childrens Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Family & Childrens Services Inc covers tax period 202306. It shows revenue of $2,314,044, expenses of $2,398,284, total assets of $1,268,628, and liabilities of $573,971.
How much does Family & Childrens Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Family & Childrens Services Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Family & Childrens Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Family & Childrens Services Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Family & Childrens Services Inc?
The following concerns were identified: Significant revenue and expense volatility across reporting periods (e.g., revenue dropped from $3.2M in 2020 to $1.2M in 2022, then increased to $2.3M in 2023) without clear explanations.. Lack of readily accessible 990 forms, which are crucial for detailed financial and governance transparency.. Consistent reporting of 0% fundraising costs across multiple years, which may indicate underreporting or an unusual operational model.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Family & Childrens Services Inc's strengths?
Positive indicators for Family & Childrens Services Inc include: Maintains a positive net asset position across all reported years, indicating financial solvency.. Despite revenue fluctuations, the organization has consistently reported assets exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Family & Childrens Services Inc compensate executives?
Executive compensation cannot be assessed without access to detailed 990 filings, which are not publicly available for this organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the substantial year-over-year fluctuations in revenue and expenses, and how does the organization manage these financial swings?
The provided data shows significant revenue changes, such as a drop from $3.2M in 2020 to $1.2M in 2022, and then an increase to $2.3M in 2023. Without access to detailed financial statements or narrative reports, the specific causes (e.g., grant cycles, program changes, economic factors) and the organization's strategies for managing such volatility remain unclear.
How does Family & Children's Services Inc achieve 0% reported fundraising costs, and what implications does this have for their financial reporting and operational model?
Reporting 0% fundraising costs consistently across multiple years is highly unusual for a nonprofit of this size. This could imply that fundraising activities are entirely volunteer-driven, absorbed into administrative costs, or that the reporting methodology differs from standard practices. Further investigation through detailed 990 forms would be necessary to understand this anomaly and its impact on financial transparency.
Filing History
IRS 990 filing history for Family & Childrens Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family & Childrens Services Inc's revenue has declined by 16.7%, moving from $2.8M to $2.3M. Total assets increased by 4.4% over the same period, from $1.2M to $1.3M. Total functional expenses fell by 20.4%, from $3.0M to $2.4M. In its most recent filing year (2023), Family & Childrens Services Inc reported a deficit of $84K, with expenses exceeding revenue. The organization holds $574K in liabilities against $1.3M in assets (debt-to-asset ratio: 45.2%), resulting in net assets of $695K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.4M | $1.3M | $574K | — | View 990 |
| 2022 | $1.3M | $1.3M | $1.2M | $411K | — | View 990 |
| 2021 | $3.0M | $3.0M | $1.4M | $568K | — | View 990 |
| 2020 | $3.2M | $3.0M | $1.4M | $557K | — | View 990 |
| 2019 | $3.1M | $3.1M | $739K | $145K | — | View 990 |
| 2018 | $2.8M | $2.8M | $813K | $248K | — | View 990 |
| 2017 | $2.7M | $2.6M | $778K | $193K | — | — |
| 2016 | $2.8M | $2.7M | $879K | $361K | — | View 990 |
| 2015 | $3.0M | $3.1M | $700K | $246K | — | View 990 |
| 2014 | $3.1M | $3.2M | $715K | $199K | — | View 990 |
| 2013 | $3.2M | $3.2M | $885K | $266K | — | View 990 |
| 2012 | $2.8M | $3.1M | $964K | $368K | — | View 990 |
| 2011 | $2.8M | $3.0M | $1.2M | $334K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.4M, and assets of $1.3M (revenue +84.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue -57.5% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.0M, and assets of $1.4M (revenue -7.9% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.0M, and assets of $1.4M (revenue +3.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.1M, and assets of $739K (revenue +11.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.8M, and assets of $813K (revenue +3.6% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.6M, and assets of $778K (revenue -3.2% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.7M, and assets of $879K (revenue -6.9% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.1M, and assets of $700K (revenue -2.3% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.2M, and assets of $715K (revenue -4.8% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.2M, and assets of $885K (revenue +15.8% year-over-year).
- 2012: Revenue of $2.8M, expenses of $3.1M, and assets of $964K (revenue +-0.0% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.0M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family & Childrens Services Inc:
Data Sources and Methodology
This transparency report for Family & Childrens Services 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.