Family Enrichment Network Inc
Family Enrichment Network Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 161113373 · Johnson City, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.2M |
| Total Expenses | $11.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $8.9M |
| Transparency Score | 92/100 |
Is Family Enrichment Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Enrichment Network Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Enrichment Network Inc
Family Enrichment Network Inc (EIN: 161113373) is a nonprofit organization based in Johnson City, NY, classified under NTEE code B82. The organization reported total revenue of $13.2M and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Enrichment Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Enrichment Network Inc is a large nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.5M |
| Total Expenses | $11.4M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $12.2M |
| Total Liabilities | $3.4M |
| Net Assets | $8.9M |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Family Enrichment Network Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Enrichment Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -2.7% | +16.9% |
| 2022 | -15.2% | +9.8% | +2.5% |
| 2021 | +7.3% | +2.7% | +27.5% |
| 2020 | +23.3% | +10.2% | +51.9% |
| 2019 | +7.8% | +3.9% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Enrichment Network 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 Enrichment Network 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of this size with over $12 million in annual revenue.
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 Enrichment Network Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Family Enrichment Network Inc:
- Consistent revenue growth, increasing from $7,011,505 in 2014 to $12,533,133 in 2023.
- Healthy asset growth, from $3,971,253 in 2014 to $12,245,414 in 2023.
- Generally operates with a financial surplus, for example, $1,103,598 in 2023 ($12,533,133 revenue - $11,429,535 expenses).
- No reported officer compensation across all 13 filings, suggesting high efficiency in directing funds to programs.
- Consistent filing of IRS 990s, indicating good transparency and accountability.
Frequently Asked Questions about Family Enrichment Network Inc
Is Family Enrichment Network Inc a legitimate charity?
Family Enrichment Network Inc (EIN: 161113373) 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: $13.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Family Enrichment Network Inc spend its money?
Family Enrichment Network Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Family Enrichment Network Inc tax-deductible?
Family Enrichment Network Inc is registered as a tax-exempt nonprofit (EIN: 161113373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Enrichment Network Inc CEO make?
Family Enrichment Network Inc's highest-compensated officer earns $12 annually. The organization reported $13.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Enrichment Network Inc's spending goes to programs?
Family Enrichment Network Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Enrichment Network Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Family Enrichment Network Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Enrichment Network Inc located?
Family Enrichment Network Inc is headquartered in Johnson City, New York and files with the IRS under EIN 161113373. It is classified under NTEE code B82.
How many years of IRS 990 filings does Family Enrichment Network Inc have?
Family Enrichment Network 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 $13.2M in total revenue.
Is Family Enrichment Network Inc a good charity?
Based on the available IRS 990 data, Family Enrichment Network Inc appears to be a financially healthy and efficient charity. They have shown consistent revenue growth, maintain a surplus, and notably report 0% officer compensation across all filings, suggesting a strong focus on program spending.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over the past decade. Revenue has grown from $7,011,505 in 2014 to $12,533,133 in 2023, and assets have increased from $3,971,253 to $12,245,414 in the same period, indicating robust growth and accumulation of resources.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that either officers are unpaid volunteers, or their compensation is reported under other expense categories, or the organization has a unique compensation structure. If truly unpaid, it indicates a very high dedication of resources directly to the mission rather than executive salaries.
Filing History
IRS 990 filing history for Family Enrichment Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Enrichment Network Inc's revenue has grown by 83.4%, moving from $6.8M to $12.5M. Total assets increased by 244% over the same period, from $3.6M to $12.2M. Total functional expenses rose by 66.2%, from $6.9M to $11.4M. In its most recent filing year (2023), Family Enrichment Network Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $12.2M in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.5M | $11.4M | $12.2M | $3.4M | — | View 990 |
| 2022 | $11.5M | $11.7M | $10.5M | $2.7M | — | View 990 |
| 2021 | $13.5M | $10.7M | $10.2M | $2.2M | — | View 990 |
| 2020 | $12.6M | $10.4M | $8.0M | $2.8M | — | View 990 |
| 2019 | $10.2M | $9.4M | $5.3M | $2.3M | — | View 990 |
| 2018 | $9.5M | $9.1M | $4.4M | $2.2M | — | View 990 |
| 2017 | $8.8M | $8.9M | $3.9M | $2.1M | — | View 990 |
| 2016 | $8.8M | $9.0M | $4.0M | $2.2M | — | View 990 |
| 2015 | $8.3M | $8.2M | $4.3M | $2.3M | — | View 990 |
| 2014 | $7.0M | $6.8M | $4.0M | $2.1M | — | View 990 |
| 2013 | $6.3M | $6.3M | $3.4M | $1.8M | — | View 990 |
| 2012 | $6.8M | $6.8M | $3.6M | $2.0M | — | View 990 |
| 2011 | $6.8M | $6.9M | $3.6M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.5M, expenses of $11.4M, and assets of $12.2M (revenue +9.2% year-over-year).
- 2022: Revenue of $11.5M, expenses of $11.7M, and assets of $10.5M (revenue -15.2% year-over-year).
- 2021: Revenue of $13.5M, expenses of $10.7M, and assets of $10.2M (revenue +7.3% year-over-year).
- 2020: Revenue of $12.6M, expenses of $10.4M, and assets of $8.0M (revenue +23.3% year-over-year).
- 2019: Revenue of $10.2M, expenses of $9.4M, and assets of $5.3M (revenue +7.8% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.1M, and assets of $4.4M (revenue +7.5% year-over-year).
- 2017: Revenue of $8.8M, expenses of $8.9M, and assets of $3.9M (revenue -0.1% year-over-year).
- 2016: Revenue of $8.8M, expenses of $9.0M, and assets of $4.0M (revenue +6.9% year-over-year).
- 2015: Revenue of $8.3M, expenses of $8.2M, and assets of $4.3M (revenue +17.9% year-over-year).
- 2014: Revenue of $7.0M, expenses of $6.8M, and assets of $4.0M (revenue +11.6% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.3M, and assets of $3.4M (revenue -7.9% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.8M, and assets of $3.6M (revenue -0.2% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.9M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Enrichment Network Inc:
Data Sources and Methodology
This transparency report for Family Enrichment Network 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.