Family Summer Inc

Nonprofit profile at a glance

EIN
463753491
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2013
Location
Houston, TX, USA
Phone
7133044264
Rating confidence
Limited
Sector
Adult, Continuing Education

Reported finances

Revenue
$0
Expenses
$0
Assets
$4,508
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • GUIDO CARANTI (PRESIDENT AND DIRECTOR)

People named in this filing

  • GUIDO CARANTI (PRESIDENT AND DIRECTOR)
  • MARIA CARANTI (SECRETARY AND DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary purpose is to foster development of adult couples as parents and educators, with the ultimate goal of strengthening Texas families for future generations.

What it reported doing in 2024

Fostering development for adult couples as parents is done by presenting a family enrichment program for 30-40 families in a retreat-like setting for 7-10 days using a case study methodology pioneered by the harvard business school that examines relevant family life scenarios. No program was provided during the fiscal year.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 73
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -80% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -42.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -21.5% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.