Family Help Center Inc

Is Family Help 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 Help Center Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Family Help Center Inc

Family Help Center Inc (EIN: 222219511) is a nonprofit organization based in Buffalo, NY, classified under NTEE code I72Z. The organization reported total revenue of $2.5M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Help Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Help Center Inc with a Mission Score of 75 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: 5%
• programs: 89%
• fundraising: 6%

According to IRS 990 filings, Family Help Center Inc allocates its expenses as follows: admin: 5%, programs: 89%, fundraising: 6%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, which is highly unusual and warrants further investigation as it may indicate compensation is reported under other expense categories or is genuinely unpaid.

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 Help Center Inc's IRS 990 filings:

• Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years, which is atypical for an organization with millions in revenue and expenses.
• A significant decline in revenue from $4,044,151 in 2018 to $2,528,146 in 2023, representing a 37.5% decrease over five years.
• Total expenses have exceeded revenue in multiple years (e.g., 2019, 2022), indicating potential operational deficits.

Strengths

The following positive indicators were identified for Family Help Center Inc:

• Consistently high percentage of spending directed towards programs (average of 89% based on 2023 data), indicating a strong focus on its mission.
• Assets have shown growth, increasing from $1,126,299 in 2017 to $2,279,808 in 2023, suggesting financial stability despite revenue declines.
• The organization has maintained a positive net asset position throughout the provided period.

Frequently Asked Questions about Family Help Center Inc

Filing History

IRS 990 filing history for Family Help Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Help Center Inc's revenue has declined by 11.4%, moving from $3.0M to $2.7M. Total assets increased by 77.8% over the same period, from $1.4M to $2.4M. Total functional expenses fell by 19.5%, from $3.0M to $2.4M. In its most recent filing year (2023), Family Help Center Inc reported a surplus of $286K, with revenue exceeding expenses. The organization holds $168K in liabilities against $2.4M in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $2.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.7M, expenses of $2.4M, and assets of $2.4M (revenue -6.2% year-over-year).
• 2022: Revenue of $2.9M, expenses of $2.7M, and assets of $2.0M (revenue +1.5% year-over-year).
• 2021: Revenue of $2.8M, expenses of $2.8M, and assets of $1.9M (revenue -10.3% year-over-year).
• 2020: Revenue of $3.2M, expenses of $3.2M, and assets of $1.8M (revenue -11.7% year-over-year).
• 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $1.4M (revenue -11.6% year-over-year).
• 2018: Revenue of $4.0M, expenses of $3.6M, and assets of $1.5M (revenue +10.5% year-over-year).
• 2017: Revenue of $3.7M, expenses of $3.6M, and assets of $1.1M (revenue -1.9% year-over-year).
• 2016: Revenue of $3.7M, expenses of $3.7M, and assets of $967K (revenue +11.0% year-over-year).
• 2015: Revenue of $3.4M, expenses of $3.4M, and assets of $1.0M (revenue +13.0% year-over-year).
• 2014: Revenue of $3.0M, expenses of $3.2M, and assets of $1.1M (revenue -1.2% year-over-year).
• 2013: Revenue of $3.0M, expenses of $3.1M, and assets of $1.2M (revenue -2.3% year-over-year).
• 2012: Revenue of $3.1M, expenses of $3.1M, and assets of $1.3M (revenue +1.3% year-over-year).
• 2011: Revenue of $3.0M, expenses of $3.0M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Family Help 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.