Family Inc

What it reported doing in 2025

Family inc works to end the cycle of poverty and transform our community by empowering families and youth to succeed in education and achieve lifelong self-sufficiency. Family inc gives single parents and young adults formerly in foster care the support they need to obtain post-secondary education that leads to a livable wage. Family inc believes that everyone deserves the opportunity to realize their full potential and that access to education is a significant barrier for disadvantaged families. By providing academic advising, apprenticeship opportunities, housing, childcare, family support services, and inter-generational learning opportunities for health, well-being and life skills, family inc helps to address all the barriers to success in education and life. Many of the participants come to family inc lacking some of the basic life skills necessary for them to be self-sufficient, including financial literacy, healthy lifestyles, stress management, and physical fitness. While the parent-scholar is at the center of many programs, family inc also supports the children in our program, who receive the support and resources they need to become successful students and aspire to proceed to higher education in their adult life. This includes programs like toddler book club, children for change, and career academy. Family inc creates a college-going culture for every participant in the program. Family inc campuses become communities of peer support, providing a network of people with similar backgrounds and experiences who strengthen and encourage one another through the challenges of higher education and parenting. Thus family inc is an educational program with a housing component that utilizes internal resources and community collaborations to meet the needs of the families served.

Financial Efficiency

• Mission deployment rate: 7.2%; rating input score 7
• Program expense ratio: 92.5%; rating input score 92
• Fundraising efficiency: $406.67 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 25th 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: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 81st 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; 65th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 92.4%; rating input score 98; 98th percentile among comparable filings
• Total-asset coverage ratio: 17.02; rating input score 90; 90th percentile among comparable filings
• Liabilities to assets ratio: 0.15; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 12.6%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: 13.6% per year; rating input score 100; 80th percentile among comparable filings
• Revenue growth: 168.6% per year; rating input score 100; 99th percentile among comparable filings
• Asset growth: 135.3% per year; rating input score 100; 100th percentile among comparable filings