Family & Children's Service
Nonprofit profile at a glance
- EIN
- 620499284
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Nashville, TN, USA
- Phone
- 6153200591
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Family Services
Reported finances
- Revenue
- $15,716,871
- Expenses
- $21,532,387
- Assets
- $16,562,478
- Liabilities
- $9,561,573
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
44 people listed
Executive titles in this filing
- MICHAEL MCSURDY (CEO)
- NANCY STABELL (PRESIDENT)
Highest reported compensation
- MICHAEL MCSURDY (CEO): $214,626 total reported compensation
- KIMBERLY REESE (CFO): $155,955 total reported compensation
- PEGGY YUKER (CHRO): $135,839 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of fcs is to connect individuals and families to hope, to healing, and to one another.
What it reported doing in 2024
Economic empowerment & stability ------------------------------------ primary impact: economic empowerment & stability programs serve nearly 1,500 clients and achieve an average 94% success rate in helping them overcome barriers to employment and reduce their dependence on government assistance. Connecting forward : funded by a grant from the tn department of human services, connecting forward is a network of primary and secondary partners with the shared vision to create a comprehensive, connected social services network through which families can leave - continued on schedule o
Operating model
- Revenue model
- Grant-funded. 83% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 81
- Accountability: 95
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.6%; rating input score 87
- Fundraising efficiency: $38.83 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -37%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.58; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 17.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 86.6% of spending went to programs
- Governance: 39 of 39 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $18.7M in reported program spending
- Leadership: top reported pay $215K · 44 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $377K reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 11 filed related-organization links
- 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.