Family Head Start
Family Head Start maintains tight budget with growing assets but consistent high liabilities and no reported officer compensation.
EIN: 112707362 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $7.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $72K |
| Transparency Score | 70/100 |
Is Family Head Start Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Head Start directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Head Start
Family Head Start (EIN: 112707362) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $8.4M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Head Start's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Head Start is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.2M |
| Surplus / Deficit | $-1,936 |
| Total Assets | $5.8M |
| Total Liabilities | $5.7M |
| Net Assets | $72K |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 98.8% |
| Months of Reserves | 9.6 months |
Financial Health Grade: C
In 2023, Family Head Start reported a deficit of $2K with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 98.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Head Start's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +2.8% | +184.4% |
| 2022 | -7.7% | -7.7% | +99.1% |
| 2021 | -0.2% | -0.2% | -10.3% |
| 2020 | -14.1% | -14.1% | -10.6% |
| 2019 | +1.0% | +1.0% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Head Start with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Head Start 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:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 98.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization with annual revenues exceeding $7 million. This either indicates a fully volunteer leadership structure or suggests that compensation for key executives might be reported under other expense categories, warranting further investigation for complete transparency.
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 Head Start's IRS 990 filings:
- Consistent 0% officer compensation reported despite significant revenue, raising transparency concerns.
- Liabilities consistently very close to total assets, indicating potential high reliance on debt or short-term obligations.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Family Head Start:
- Consistent financial operations with revenues closely matching expenses, indicating sound budget management.
- Significant growth in assets from $1,018,377 in 2021 to $5,764,875 in 2023, enhancing financial stability.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
Frequently Asked Questions about Family Head Start
Is Family Head Start a legitimate charity?
Family Head Start (EIN: 112707362) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.4M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Family Head Start spend its money?
Family Head Start directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Family Head Start tax-deductible?
Family Head Start is registered as a tax-exempt nonprofit (EIN: 112707362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Head Start CEO make?
Family Head Start's highest-compensated officer earns $7 annually. The organization reported $8.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Head Start's spending goes to programs?
Family Head Start directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Family Head Start located?
Family Head Start is headquartered in Brooklyn, New York and files with the IRS under EIN 112707362.
How many years of IRS 990 filings does Family Head Start have?
Family Head Start 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 $8.4M in total revenue.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation for an organization with over $7 million in annual revenue is highly unusual and warrants clarification. It could indicate a fully volunteer leadership, or that compensation is categorized differently, impacting transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense breakdown, it's difficult to precisely assess spending efficiency. The provided data only shows total expenses, not how they are allocated across different functions.
Why are liabilities consistently very close to total assets?
For example, in 2023, liabilities were $5,692,972 against assets of $5,764,875. This suggests a high reliance on debt or short-term obligations, which could impact long-term financial flexibility if not managed carefully.
How does Family Head Start manage to operate with such tight margins between revenue and expenses?
The organization consistently reports revenues and expenses that are almost identical, such as $7,227,993 in revenue and $7,229,929 in expenses in 2023. This indicates very precise budget management, but also leaves little room for unexpected costs or building significant reserves from operations.
Filing History
IRS 990 filing history for Family Head Start showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Head Start's revenue has grown by 129.8%, moving from $3.1M to $7.2M. Total assets increased by 349.4% over the same period, from $1.3M to $5.8M. Total functional expenses rose by 129.8%, from $3.1M to $7.2M. In its most recent filing year (2023), Family Head Start reported a deficit of $2K, with expenses exceeding revenue. The organization holds $5.7M in liabilities against $5.8M in assets (debt-to-asset ratio: 98.8%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.2M | $5.8M | $5.7M | — | View 990 |
| 2022 | $7.0M | $7.0M | $2.0M | $2.0M | — | View 990 |
| 2021 | $7.6M | $7.6M | $1.0M | $943K | — | View 990 |
| 2020 | $7.6M | $7.6M | $1.1M | $1.1M | — | View 990 |
| 2019 | $8.9M | $8.9M | $1.3M | $1.2M | — | View 990 |
| 2018 | $8.8M | $8.8M | $1.2M | $1.2M | — | View 990 |
| 2017 | $9.4M | $9.4M | $1.0M | $959K | — | View 990 |
| 2016 | $10.0M | $10.0M | $1.1M | $951K | — | View 990 |
| 2015 | $9.5M | $9.5M | $755K | $647K | — | View 990 |
| 2014 | $9.7M | $9.7M | $900K | $787K | — | View 990 |
| 2013 | $8.6M | $8.6M | $833K | $718K | — | View 990 |
| 2012 | $8.3M | $8.3M | $630K | $505K | — | View 990 |
| 2011 | $3.1M | $3.1M | $1.3M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.2M, and assets of $5.8M (revenue +2.8% year-over-year).
- 2022: Revenue of $7.0M, expenses of $7.0M, and assets of $2.0M (revenue -7.7% year-over-year).
- 2021: Revenue of $7.6M, expenses of $7.6M, and assets of $1.0M (revenue -0.2% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.6M, and assets of $1.1M (revenue -14.1% year-over-year).
- 2019: Revenue of $8.9M, expenses of $8.9M, and assets of $1.3M (revenue +1.0% year-over-year).
- 2018: Revenue of $8.8M, expenses of $8.8M, and assets of $1.2M (revenue -6.1% year-over-year).
- 2017: Revenue of $9.4M, expenses of $9.4M, and assets of $1.0M (revenue -6.7% year-over-year).
- 2016: Revenue of $10.0M, expenses of $10.0M, and assets of $1.1M (revenue +5.4% year-over-year).
- 2015: Revenue of $9.5M, expenses of $9.5M, and assets of $755K (revenue -1.5% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.7M, and assets of $900K (revenue +13.0% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.6M, and assets of $833K (revenue +2.9% year-over-year).
- 2012: Revenue of $8.3M, expenses of $8.3M, and assets of $630K (revenue +164.7% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.1M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Head Start:
Data Sources and Methodology
This transparency report for Family Head Start 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.