Family Services Of Westchester Inc
Family Services Of Westchester Inc shows strong revenue and asset growth with consistent operational surpluses.
EIN: 131773419 · Purchase, NY · Updated: 2026-03-28
About Family Services Of Westchester Inc
Family Services Of Westchester Inc (EIN: 131773419) is a nonprofit organization based in Purchase, NY. The organization reported total revenue of $36.7M and total assets of $21.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Services Of Westchester 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 Services Of Westchester 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Family Services Of Westchester Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The reported 'Officer Comp' is 0% across all available filings, which is unusual for an organization of this size with latest revenue of $36,713,913. This suggests that executive compensation may be categorized differently or not fully captured by this specific data point, requiring deeper scrutiny of the full 990 forms.
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 Of Westchester Inc's IRS 990 filings:
- Officer compensation reported as 0% across all filings, which may obscure actual executive pay.
Strengths
The following positive indicators were identified for Family Services Of Westchester Inc:
- Consistent revenue growth, from $22.5M in 2020 to $33M in 2023.
- Significant asset growth, nearly doubling from $11.9M in 2020 to $21.2M in 2023.
- Consistent operational surpluses, indicating sound financial management.
- Strong increase in net assets, from $627,098 in 2020 to $7,028,771 in 2023.
Frequently Asked Questions about Family Services Of Westchester Inc
Is Family Services Of Westchester Inc a good charity?
Based on its financial health, consistent revenue growth from $22.5M in 2020 to $33M in 2023, and increasing assets from $11.9M to $21.2M in the same period, the organization appears to be financially well-managed. The consistent operational surpluses also indicate fiscal responsibility.
How has the organization's financial stability changed over time?
The organization has shown significant improvement in financial stability, with revenue growing steadily and assets nearly doubling from $11,909,133 in 2020 to $21,260,087 in 2023. Net assets (Assets - Liabilities) have also increased substantially from $627,098 in 2020 to $7,028,771 in 2023, indicating a stronger financial position.
What is the trend in the organization's liabilities?
Liabilities have generally increased in line with asset growth, from $11,282,035 in 2020 to $14,231,316 in 2023. However, the growth in assets has outpaced liabilities, leading to a healthier net asset position.
Filing History
IRS 990 filing history for Family Services Of Westchester Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Services Of Westchester Inc's revenue has grown by 55.1%, moving from $21.3M to $33.0M. Total assets increased by 178.1% over the same period, from $7.6M to $21.3M. Total functional expenses rose by 57.1%, from $20.9M to $32.9M. In its most recent filing year (2023), Family Services Of Westchester Inc reported a surplus of $190K, with revenue exceeding expenses. The organization holds $14.2M in liabilities against $21.3M in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $33.0M | $32.9M | $21.3M | $14.2M | — | View 990 |
| 2022 | $28.9M | $26.7M | $15.5M | $8.8M | — | View 990 |
| 2021 | $27.4M | $23.6M | $12.4M | $7.8M | — | — |
| 2020 | $22.6M | $23.1M | $11.9M | $11.3M | — | View 990 |
| 2019 | $22.7M | $23.8M | $10.5M | $9.3M | — | View 990 |
| 2018 | $23.8M | $23.8M | $10.9M | $8.6M | — | View 990 |
| 2017 | $22.2M | $22.0M | $10.8M | $8.6M | — | View 990 |
| 2016 | $22.6M | $22.5M | $11.7M | $9.8M | — | View 990 |
| 2015 | $22.0M | $22.6M | $12.0M | $10.1M | — | View 990 |
| 2014 | $21.8M | $22.3M | $10.3M | $7.7M | — | View 990 |
| 2013 | $23.2M | $23.1M | $9.5M | $6.6M | — | View 990 |
| 2012 | $22.3M | $22.1M | $8.6M | $5.8M | — | View 990 |
| 2011 | $21.3M | $20.9M | $7.6M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.0M, expenses of $32.9M, and assets of $21.3M (revenue +14.4% year-over-year).
- 2022: Revenue of $28.9M, expenses of $26.7M, and assets of $15.5M (revenue +5.4% year-over-year).
- 2021: Revenue of $27.4M, expenses of $23.6M, and assets of $12.4M (revenue +21.4% year-over-year).
- 2020: Revenue of $22.6M, expenses of $23.1M, and assets of $11.9M (revenue -0.7% year-over-year).
- 2019: Revenue of $22.7M, expenses of $23.8M, and assets of $10.5M (revenue -4.6% year-over-year).
- 2018: Revenue of $23.8M, expenses of $23.8M, and assets of $10.9M (revenue +7.4% year-over-year).
- 2017: Revenue of $22.2M, expenses of $22.0M, and assets of $10.8M (revenue -1.7% year-over-year).
- 2016: Revenue of $22.6M, expenses of $22.5M, and assets of $11.7M (revenue +2.6% year-over-year).
- 2015: Revenue of $22.0M, expenses of $22.6M, and assets of $12.0M (revenue +0.8% year-over-year).
- 2014: Revenue of $21.8M, expenses of $22.3M, and assets of $10.3M (revenue -6.1% year-over-year).
- 2013: Revenue of $23.2M, expenses of $23.1M, and assets of $9.5M (revenue +4.0% year-over-year).
- 2012: Revenue of $22.3M, expenses of $22.1M, and assets of $8.6M (revenue +4.8% year-over-year).
- 2011: Revenue of $21.3M, expenses of $20.9M, and assets of $7.6M.
Data Sources and Methodology
This transparency report for Family Services Of Westchester 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.