Family Services Inc

Nonprofit profile at a glance

EIN
570324920
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Charleston, SC, USA
Phone
8436283000
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$5,140,512
Expenses
$4,801,415
Assets
$85,188,298
Liabilities
$76,133,834

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • TRACY STRICKLAND (CEO)
  • CAPRICE ATTERBURY (FORMER CEO)

Highest reported compensation

  • TRACY STRICKLAND (CEO): $135,090 total reported compensation
  • CAPRICE ATTERBURY (FORMER CEO): $122,063 total reported compensation
  • CASSANDRA STOUT (CFO): $112,542 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Origin sc empowers individuals to achieve financial, housing and mental health stability through advocacy, counseling, and education.

What it reported doing in 2025

Housing stability and financial management services (fms) protects vulnerable individuals from experiencing financial exploitation and loss of money through familial exploitation. Program services are provided for the elderly, minorities, and incapacitated individuals through the conservator program or the representative payee program. The representative payee program provides budgeting and financial management services for more than 1,059 individuals who are mentally or physically incapable of handling their own financial affairs. Our lease on life and supportive services for veteran families provided ongoing lease subsidies and supportive services for very low income, at risk veterans and their families. The conservator program served over 490 clients who are appointed by the probate court or department of veteran affairs when there is no family member or bonded entity to manage the disabled individual's financial affairs. Both of the programs manage the client's limited funds, pay their bills, and advocate for the individuals to live as comfortably and independently as possible.in 2025, the organization assisted 39 households with short-term, emergency financial assistance in the form of rent, utility, mortgage, and tax payments.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 81% 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.
  • 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. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.8%; rating input score 87
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 21st 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: 96.2%; rating input score 96; 37th 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; 63rd 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: 6.6%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 17.74; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.89; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 7.7%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 86.8% of revenue deployed · 92.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.4M in reported program spending
  • Leadership: top reported pay $135K · 11 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.