Family Eldercare Inc
Nonprofit profile at a glance
- EIN
- 742286387
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-T 2020
- Location
- Austin, TX, USA
- Phone
- 5124500844
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $15,570,496
- Expenses
- $16,191,191
- Assets
- $5,488,247
- Liabilities
- $1,878,589
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- AARON ALARCON (CEO)
Highest reported compensation
- AARON ALARCON (CEO): $207,196 total reported compensation
- MARISOL CALVO (CHIEF PEOPLE AND CULTURE OFFICER): $114,765 total reported compensation
- RUFUS MOSHAY (CHIEF DEVELOP. & COMM. OFFICER): $109,491 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We provide services that promote dignity and stability for older adults and adults with disabilities.
What it reported doing in 2024
Permanent supportive housing provides intensive case management services to clients transitioning out of homelessness and enrolled in services using trauma-informed care models. The services support individuals to achieve long-term housing stability by increasing connections to health care and social services, provide advocacy, crisis intervention, goal planning, life skills training, financial management, and mental health support. These services are often mandatory and on a permanent basis.
Operating model
- Revenue model
- Grant-funded. 71% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.8%; rating input score 86
- Program expense ratio: 82.5%; rating input score 82
- Fundraising efficiency: $15.82 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 72nd 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 11.7% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 85.8% of revenue deployed · 82.5% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $13.4M in reported program spending
- Leadership: top reported pay $207K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $1.8M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 51/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.