Family Services Inc

What it reported doing in 2024

The child development division is comprised of the federal head start program as well as additional services for private pay day child development services. These private pay services include extended day and pre-k services.child development program - these services are open to all children and are supported by client fees, dss stipends, and/or contracted state pre-k fees. The services also include extended hour day care. In 2022-2023, 714 families were served in this program.head start program - this is the largest division and constitutes over half of family services, inc.'s total funding budget. The family services, inc. Head start program serves low-income children and their families living in forsyth county.the head start program provides a range of comprehensive services which consist of education and early childhood development with the objective of providing all children with a safe, nurturing, engaging, fun, and secure learning environment. Children gain awareness, skills, and confidence necessary for success in school and life. The program supports a continuum of children's growth and development, which includes each child's physical, social, emotional, and cognitive development. The head start program maintains a staff of well-qualified early childhood teachers.parent involvement in the education of their children is the cornerstone for building a strong foundation for the implementation of the head start program. Parents are considered the primary educators of their children. Head start parents are involved in the planning and development of activities designed to enhance their interest and knowledge of education, community awareness, and personal growth. Parents participate in a series of financial management trainings taught by local financial experts. Additionally, parents receive educational training. Parents have an opportunity to influence the decision-making process for program operation as an elected member of the policy council.health services for children include dental, vision, speech, and hearing. Nutritional needs are met by providing a nutritious breakfast and lunch daily. Mental wellness support for children and families is offered on-site. Children with special needs are identified and referrals to supporting agencies ensure follow-up and support services. Ten percent of the program's enrollment is children with a diagnosed disability. Through the family partnership component, families are encouraged to develop family goals that would move them toward self-sufficiency through job training and education.

Financial Efficiency

• Mission deployment rate: 91.7%; rating input score 92
• Program expense ratio: 86.1%; rating input score 86
• Fundraising efficiency: $30.09 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th 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: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • 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: 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: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -22.6%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 0.79; rating input score 28; 28th percentile among comparable filings
• Liabilities to assets ratio: 0.5; rating input score 29; 29th percentile among comparable filings
• Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 7.7% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 0.7% per year; rating input score 100; 13th percentile among comparable filings