Family Life Education Inc
Family Life Education Inc: Declining Revenue, High Liabilities, and Questionable Financial Health
EIN: 222816550 · Boston, MA · NTEE: P72Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $431K |
| Total Expenses | $361K |
| Program Spending | 70% |
| Net Assets | $-573,446 |
| Transparency Score | 45/100 |
Is Family Life Education Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Life Education Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Family Life Education Inc
Family Life Education Inc (EIN: 222816550) is a nonprofit organization based in Boston, MA, classified under NTEE code P72Z. The organization reported total revenue of $431K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Life Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Life Education Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $361K |
| Surplus / Deficit | +$9K |
| Total Assets | $188K |
| Total Liabilities | $761K |
| Net Assets | $-573,446 |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 405.1% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Family Life Education Inc reported a surplus of $9K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 405.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Life Education Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +3.2% | +5.2% |
| 2022 | -1.3% | -4.3% | +30.3% |
| 2021 | +27.1% | -3.5% | -14.7% |
| 2020 | +11.7% | -3.5% | -13.0% |
| 2019 | +101.1% | -2.8% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Life Education Inc with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Family Life Education Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 405.1%.
Executive Compensation Analysis
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives.
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 Life Education Inc's IRS 990 filings:
- Consistent decline in revenue over the past several years, from $398,586 in 2016 to $370,092 in 2023.
- Zero cash reported in all available filings, indicating severe liquidity issues.
- Liabilities consistently exceed assets, with a significant gap (e.g., $761,372 liabilities vs. $187,926 assets in 2023).
- Net assets are consistently negative, suggesting a precarious financial position.
- Expenses frequently exceed revenue, leading to operational deficits.
Strengths
The following positive indicators were identified for Family Life Education Inc:
- The organization has maintained operations despite significant financial challenges over several years.
Frequently Asked Questions about Family Life Education Inc
Is Family Life Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Life Education Inc (EIN: 222816550) significant concerns. Mission Score: 45/100. 5 red flags identified, 1 strength noted.
How does Family Life Education Inc spend its money?
Family Life Education Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Life Education Inc tax-deductible?
Family Life Education Inc is registered as a tax-exempt nonprofit (EIN: 222816550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Life Education Inc's spending goes to programs?
Family Life Education Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Family Life Education Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Family Life Education Inc is near average for NTEE category P72Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Life Education Inc located?
Family Life Education Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222816550. It is classified under NTEE code P72Z.
How many years of IRS 990 filings does Family Life Education Inc have?
Family Life Education 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 $431K in total revenue.
What does Family Life Education Inc do?
Family Life Education Inc is a nonprofit organization in the Human Services sector, located in Boston, Massachusetts. It is classified under NTEE code P72Z.
How much revenue does Family Life Education Inc have?
Family Life Education Inc reported total revenue of $430,594. Based on 13 IRS 990 filings on record.
What are Family Life Education Inc's total assets?
Family Life Education Inc holds total assets of $166,599 as reported in IRS 990 filings.
Where is Family Life Education Inc located?
Family Life Education Inc is based in Boston, Massachusetts.
What is Family Life Education Inc's EIN?
Family Life Education Inc's Employer Identification Number (EIN) is 222816550. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Family Life Education Inc?
Family Life Education Inc is classified under NTEE code P72Z (Human Services).
Is Family Life Education Inc a registered 501(c)(3)?
Yes, Family Life Education Inc is recognized as a tax-exempt organization by the IRS. EIN: 222816550.
Does Family Life Education Inc file IRS Form 990?
Yes, Family Life Education Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Family Life Education Inc's revenue in 2023?
In the 202306 filing period, Family Life Education Inc reported total revenue of $370,092, total expenses of $360,767, and net assets of $187,926.
Is Family Life Education Inc's revenue growing or declining?
Family Life Education Inc's revenue is relatively stable. Revenue went from $360,366 (202206) to $370,092 (202306), a +2.7% change. Based on 13 filings on record.
What is Family Life Education Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Family Life Education Inc covers tax period 202306. It shows revenue of $370,092, expenses of $360,767, total assets of $187,926, and liabilities of $761,372.
How much does Family Life Education Inc spend on programs vs administration?
Based on IRS 990 analysis, Family Life Education Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Family Life Education Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Family Life Education Inc shows mixed signals. Mission Score: 45/100 (Fair). 5 red flags identified. 1 strength noted.
What are the red flags for Family Life Education Inc?
The following concerns were identified: Consistent decline in revenue over the past several years, from $398,586 in 2016 to $370,092 in 2023.. Zero cash reported in all available filings, indicating severe liquidity issues.. Liabilities consistently exceed assets, with a significant gap (e.g., $761,372 liabilities vs. $187,926 assets in 2023).. Net assets are consistently negative, suggesting a precarious financial position.. Expenses frequently exceed revenue, leading to operational deficits.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Family Life Education Inc's strengths?
Positive indicators for Family Life Education Inc include: The organization has maintained operations despite significant financial challenges over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Family Life Education Inc compensate executives?
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Family Life Education Inc?
1. Financial filings show a consistent decline in revenue from $398,586 in 2016 to $370,092 in 2023, while expenses have remained high. 2. The organization consistently reports zero cash, raising concerns about liquidity and operational stability. 3. Liabilities have consistently exceeded assets, with liabilities at $761,372 and assets at $187,926 in 2023, indicating potential insolvency. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of zero cash and high liabilities, how does Family Life Education Inc manage its day-to-day operations and meet its financial obligations?
The consistent reporting of zero cash and high liabilities suggests the organization may be relying heavily on immediate incoming funds, short-term credit, or non-cash assets to cover expenses, which is an unsustainable model. Further investigation into their funding sources and liability structure is needed.
What specific strategies has Family Life Education Inc implemented to address the continuous decline in revenue and the growing disparity between assets and liabilities?
The provided data does not detail specific strategies. However, the financial trends indicate that any strategies implemented have not been effective in reversing the revenue decline or improving the asset-to-liability ratio. A detailed review of their strategic plans and fundraising efforts would be necessary.
Filing History
IRS 990 filing history for Family Life Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Life Education Inc's revenue has declined by 9.7%, moving from $410K to $370K. Total assets decreased by 74.9% over the same period, from $747K to $188K. Total functional expenses fell by 21%, from $457K to $361K. In its most recent filing year (2023), Family Life Education Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $761K in liabilities against $188K in assets (debt-to-asset ratio: 405.1%), resulting in net assets of $-573,446.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $370K | $361K | $188K | $761K | — | — |
| 2022 | $360K | $350K | $179K | $761K | — | View 990 |
| 2021 | $365K | $365K | $137K | $731K | — | View 990 |
| 2020 | $287K | $378K | $161K | $754K | — | View 990 |
| 2019 | $257K | $392K | $185K | $687K | — | View 990 |
| 2018 | $128K | $404K | $209K | $577K | — | View 990 |
| 2017 | $384K | $418K | $974K | $1.1M | — | View 990 |
| 2016 | $399K | $516K | $1.1M | $1.1M | — | View 990 |
| 2015 | $403K | $497K | $1.0M | $958K | — | View 990 |
| 2014 | $412K | $513K | $954K | $801K | — | View 990 |
| 2013 | $502K | $470K | $793K | $579K | — | View 990 |
| 2012 | $486K | $466K | $785K | $621K | — | View 990 |
| 2011 | $410K | $457K | $747K | $595K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $370K, expenses of $361K, and assets of $188K (revenue +2.7% year-over-year).
- 2022: Revenue of $360K, expenses of $350K, and assets of $179K (revenue -1.3% year-over-year).
- 2021: Revenue of $365K, expenses of $365K, and assets of $137K (revenue +27.1% year-over-year).
- 2020: Revenue of $287K, expenses of $378K, and assets of $161K (revenue +11.7% year-over-year).
- 2019: Revenue of $257K, expenses of $392K, and assets of $185K (revenue +101.1% year-over-year).
- 2018: Revenue of $128K, expenses of $404K, and assets of $209K (revenue -66.7% year-over-year).
- 2017: Revenue of $384K, expenses of $418K, and assets of $974K (revenue -3.6% year-over-year).
- 2016: Revenue of $399K, expenses of $516K, and assets of $1.1M (revenue -1.2% year-over-year).
- 2015: Revenue of $403K, expenses of $497K, and assets of $1.0M (revenue -2.0% year-over-year).
- 2014: Revenue of $412K, expenses of $513K, and assets of $954K (revenue -18.0% year-over-year).
- 2013: Revenue of $502K, expenses of $470K, and assets of $793K (revenue +3.3% year-over-year).
- 2012: Revenue of $486K, expenses of $466K, and assets of $785K (revenue +18.6% year-over-year).
- 2011: Revenue of $410K, expenses of $457K, and assets of $747K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Life Education Inc:
Data Sources and Methodology
This transparency report for Family Life Education 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.