Family Services of Davidson County
Nonprofit profile at a glance
- EIN
- 581591597
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Lexington, NC, USA
- Phone
- 3362490237
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Family Violence Shelters
Reported finances
- Revenue
- $1,409,583
- Expenses
- $1,539,347
- Assets
- $1,335,370
- Liabilities
- $125,881
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- CHRISTOPHER GILLESPIE (FORMER EXECUTIVE DIRECTOR)
- TIM TILLEY (FORMER EXECUTIVE DIRECTOR)
Highest reported compensation
- CHRISTOPHER GILLESPIE (FORMER EXECUTIVE DIRECTOR): $57,318 total reported compensation
- TIM TILLEY (FORMER EXECUTIVE DIRECTOR): $9,803 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide counseling, crisis intervention, and youth development programs to strengthen individuals, families, and our community.
What it reported doing in 2024
Counseling: family services of davidson county is committed to providing quality, confidential, and affordable counseling services needed to address the issues and situations faced by davidson county residents. Our qualified team of masters-level therapists has experience in a wide range of techniques including marriage, family, individual, group, and play therapy. We offer brief, solution-oriented counseling as well as more in-depth, intensive therapy to meet a variety of counseling needs. Crisis: the crisis intervention program consists of caring staff and volunteers committed to providing quality services to domestic violence and sexual assault victims and their families throughout davidson county. Juvenile deliquency: juvenile delinquency services are dedicated to providing comprehensive programs needed to reduce juvenile deliquency in davidson county. By working with at-risk and adjudicated youth and their families, fsdc strives to prevent youth from continuing down a criminal path. Interventions at the individual, family, school, and community levels are vital to ensuring positive changes in our community.
Operating model
- Revenue model
- Grant-funded. 76% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 87
- Accountability: 100
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 81.5%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -9.2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 89% of revenue deployed · 81.5% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $57K · 13 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.