Family Research Council
Nonprofit profile at a glance
- EIN
- 521792772
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2022
- Location
- Washington, DC, USA
- Phone
- 2023932100
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $26,209,205
- Expenses
- $25,605,602
- Assets
- $23,795,936
- Liabilities
- $8,908,697
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ANTHONY R PERKINS (PRESIDENT & CEO)
- WILLIAM BOYKIN (EXECUTIVE VICE PRESIDENT)
Highest reported compensation
- ANTHONY R PERKINS (PRESIDENT & CEO): $488,755 total reported compensation
- HAROLD HARPER (SENIOR VP & CHIEF OF STAFF): $273,606 total reported compensation
- JODY HICE (SENIOR FELLOW): $248,502 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 family research council's primary exempt purpose is to reaffirm and promote nationally, and particularly in Washington, dc, the traditional family unit and the judeo-christian value system upon which it is built. Frc's activities in accomplishment of its mission are to: - promote and defend traditional family values in print, broadcast and other media,- develop and advocate legislative and public policy initiatives which strengthen and fortify the family and promote traditional values,- establish and maintain an accurate source of statistical and research information which reaffirms the importance of the family in our civilization, and- inform and educate citizens on how they can promote biblical principles in our culture.
What it reported doing in 2024
Communications: an important way that frc works with its church community is through its communication channels. Frc voices biblical truth and eternal values into the marketplace of ideas which the church can embrace and pass along to their own congregations and networks.frc's Washington watch with tony perkins, a daily one-hour program, is broadcast on a variety of video and streaming outlets, and is syndicated on radio stations that air in nearly every state. Frc has a strong representation of churches in our broadcast markets. The show allows frc to cut through the media's filter and speak directly to concerned americans and churches about how a biblical worldview shapes public policy. Frc president tony perkins has hosted dozens of members of congress as well as prominent policy experts, authors, pastors, and government officials. Frc co-sponsors the annual pray vote stand summit, a multi-day in-person and broadcast event featuring numerous speakers and panels. In addition, frc hosts periodic pray vote stand townhall events that feature discussions and prayer with various guests. The Washington stand is frc's outlet for news and commentary from a biblical worldview. The Washington stand's team of writers provide daily coverage of a variety of current events and topics. The Washington stand also produces "outstanding," a weekly podcast that examines news and issues through the lens of scripture with an aim to take every thought captive for the obedience of christ. The frc communications team, in collaboration with its policy experts, made numerous live tv, cable network and radio appearances, and placed op-eds in publications nationwide. Frc also continues to reach, equip, and engage the public and the church via social media.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% 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
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 86
- Accountability: 83
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84%; rating input score 84
- Program expense ratio: 85.8%; rating input score 86
- Fundraising efficiency: $20.6 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- 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: 83.5%; rating input score 83; 17th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th 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: 2.3%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 8.3%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 84% of revenue deployed · 85.8% of spending went to programs
- Governance: 6 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $22M in reported program spending
- Leadership: top reported pay $489K · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.1M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 8 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.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.