Family First Solution Community Development Corp

Nonprofit profile at a glance

EIN
812995646
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2017
Location
Jacksonville, FL, USA
Phone
9046228684
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$557,327
Expenses
$490,541
Assets
$117,120
Liabilities
$11,103

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Aszloyn Wakefield (Executive Director)

People named in this filing

  • Valerie Hammond (Treasurer)
  • Aszloyn Wakefield (Executive Director)
  • Theoffers Wakefield Jr (Asst 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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provided full supported living services to individuals with disabilities who reside in a Group Home, as well as provided and referred educational services to youth and adults (with and without disabilities) who faced (academic, emotional, and or behavioral) challenges.

What it reported doing in 2024

Provided full supported living services to individuals with disabilities who reside in a Group Home, Family Home, or their personal home setting. Services included but not limited to: Employment training, Healthy living skills (via medical appointments, diet and exercise), Daily living skills, and other training to support self sufficiency to assist individuals and families with achieving self-sufficiency.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Accountability: 73
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88%; rating input score 88
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 50% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 34.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 27.4% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 88% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $491K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.