Family Services Inc

Family Services Inc shows consistent revenue growth and financial surpluses, with no reported officer compensation.

EIN: 141338399 · Poughkeepsie, NY · Updated: 2026-03-28

$25.1MRevenue

$24.4MAssets

85/100Mission Score (Excellent)

About Family Services Inc

Family Services Inc (EIN: 141338399) is a nonprofit organization based in Poughkeepsie, NY. The organization reported total revenue of $25.1M and total assets of $24.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Family Services Inc demonstrates strong financial health and growth over the past decade, with revenue increasing from $4.8 million in 2014 to over $25 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue was $24,798,993 against expenses of $21,520,184, indicating sound financial management. Their asset base has also grown significantly, from $3.7 million in 2014 to $21.3 million in 2023, suggesting effective asset accumulation and stability.

While specific spending efficiency ratios for programs, administration, and fundraising are not directly provided in the summary data, the consistent surpluses imply that expenses are well-managed relative to income. A notable aspect of their transparency is the reported 0% officer compensation across all available filings, which is highly unusual for an organization of this size and could indicate that executive compensation is reported under other expense categories or that the organization relies heavily on volunteer leadership at the highest levels. Further investigation into their detailed Form 990 would be necessary to fully understand their compensation structure.

Overall, Family Services Inc appears to be a financially robust organization with a strong growth trajectory. The lack of reported officer compensation in the summary data is a point of interest for transparency, but their consistent financial surpluses and asset growth point to a well-managed entity. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be required.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Services Inc with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Family Services Inc 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.

Executive Compensation Analysis

The reported 0% officer compensation across all filings for an organization with over $25 million in annual revenue is highly unusual and suggests that executive compensation may be categorized differently or that the organization relies on unpaid leadership, which warrants further investigation into their detailed Form 990.

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 Services Inc's IRS 990 filings:

Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further investigation into compensation practices.

Strengths

The following positive indicators were identified for Family Services Inc:

Consistent revenue growth, increasing from $4.8M in 2014 to $24.7M in 2023.
Consistent financial surpluses, indicating sound financial management (e.g., $3.2M surplus in 2023).
Significant asset growth, from $3.7M in 2014 to $21.3M in 2023, enhancing long-term stability.
Strong financial health with assets significantly exceeding liabilities (e.g., $21.3M assets vs. $4.9M liabilities in 2023).

Frequently Asked Questions about Family Services Inc

Is Family Services Inc a good charity?

Based on the provided financial data, Family Services Inc appears to be a financially healthy and growing organization, consistently operating with a surplus and increasing its assets. The lack of reported officer compensation is a unique aspect that could indicate strong program focus or alternative compensation structures.

How has Family Services Inc's revenue grown over time?

Family Services Inc has experienced significant revenue growth, increasing from $4,834,191 in 2014 to $24,798,993 in 2023, demonstrating a strong upward trend in financial support and operations.

What is the organization's financial stability?

The organization shows strong financial stability, consistently generating surpluses (e.g., $24.7M revenue vs. $21.5M expenses in 2023) and growing its assets from $3.7M in 2014 to $21.3M in 2023, indicating a healthy financial position.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It could mean that executive compensation is reported under other expense categories, that the organization relies on unpaid leadership, or that the summary data provided does not capture this detail. A review of the full Form 990 would clarify this.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Family Services Inc's revenue has grown by 360.4%, moving from $5.4M to $24.8M. Total assets increased by 626.3% over the same period, from $2.9M to $21.3M. Total functional expenses rose by 293.3%, from $5.5M to $21.5M. In its most recent filing year (2023), Family Services Inc reported a surplus of $3.3M, with revenue exceeding expenses. The organization holds $4.9M in liabilities against $21.3M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $16.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$24.8M	$21.5M	$21.3M	$4.9M	—	—
2022	$25.6M	$21.2M	$17.7M	$4.6M	—	View 990
2021	$22.7M	$18.7M	$11.3M	$2.6M	—	View 990
2020	$18.3M	$17.9M	$9.2M	$4.5M	—	View 990
2019	$14.6M	$14.9M	$8.6M	$4.4M	—	View 990
2018	$8.3M	$7.7M	$6.9M	$3.1M	—	View 990
2017	$6.6M	$6.4M	$4.8M	$1.6M	—	—
2016	$6.1M	$5.8M	$4.6M	$1.6M	—	View 990
2015	$5.2M	$5.3M	$4.0M	$1.3M	—	View 990
2014	$4.8M	$5.0M	$3.7M	$908K	—	View 990
2013	$6.1M	$5.1M	$3.9M	$942K	—	View 990
2012	$5.5M	$5.3M	$3.0M	$986K	—	View 990
2011	$5.4M	$5.5M	$2.9M	$1.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $24.8M, expenses of $21.5M, and assets of $21.3M (revenue -3.1% year-over-year).
2022: Revenue of $25.6M, expenses of $21.2M, and assets of $17.7M (revenue +13.0% year-over-year).
2021: Revenue of $22.7M, expenses of $18.7M, and assets of $11.3M (revenue +23.6% year-over-year).
2020: Revenue of $18.3M, expenses of $17.9M, and assets of $9.2M (revenue +25.2% year-over-year).
2019: Revenue of $14.6M, expenses of $14.9M, and assets of $8.6M (revenue +76.8% year-over-year).
2018: Revenue of $8.3M, expenses of $7.7M, and assets of $6.9M (revenue +25.8% year-over-year).
2017: Revenue of $6.6M, expenses of $6.4M, and assets of $4.8M (revenue +7.0% year-over-year).
2016: Revenue of $6.1M, expenses of $5.8M, and assets of $4.6M (revenue +19.3% year-over-year).
2015: Revenue of $5.2M, expenses of $5.3M, and assets of $4.0M (revenue +6.6% year-over-year).
2014: Revenue of $4.8M, expenses of $5.0M, and assets of $3.7M (revenue -20.3% year-over-year).
2013: Revenue of $6.1M, expenses of $5.1M, and assets of $3.9M (revenue +9.8% year-over-year).
2012: Revenue of $5.5M, expenses of $5.3M, and assets of $3.0M (revenue +2.6% year-over-year).
2011: Revenue of $5.4M, expenses of $5.5M, and assets of $2.9M.

Data Sources and Methodology

This transparency report for Family 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.