Families First Institute Inc

Nonprofit profile at a glance

EIN: 453186952
IRS 990-EZ coverage: 2020–2022
Forms available: Form 990-EZ 2022, Form 990-N 2018
Location: Wakefield, VA, USA
Rating: 83
Verdict: STRONG
Rating confidence: Moderate
Sector: Counseling, Support Groups
Affiliation: Christianity

Reported finances

Revenue: $68,128
Expenses: $63,816
Assets: $0
Liabilities: $35,570

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

Charles Carrington (Pres)
Wash Carthon (VP)
Jamie Holt (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Christian Counseling and psycho-education and community counseling

What it reported doing in 2022

Families First Inc et al provides community outpatient and faith-based counseling with human services counseling and other related services on a discount or sliding scale to the community. In 2022 the organization provided approximately 2100 low cost or free counseling sessions to the general public. This was the final year of operations due to post-covid income losses shuttering the office December 1 2022

Operating model

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 97
Transparency & Controls: 82
Sustainability: 29
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 95.4%; rating input score 95
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 6.3%; rating input score 57; 57th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 10.3%; rating input score 10; 10th percentile among comparable filings

Growth

Program expense growth: -41.6% per year; rating input score 0; 10th percentile among comparable filings
Revenue growth: -20.1% per year; rating input score 0; 16th percentile among comparable filings
Asset growth: Limited

Details

Where the money goes: 95.4% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $65K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 7 of 8 current checks pass · 1 finding to review
Schedules: 3 filed schedules
Filing history: 2 filing years from 2020 to 2022
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Sustainability: Operating margin scored 57/100.
High — Sustainability: Officer compensation ratio scored 10/100.