Skip to content
Nonprofiteer
← FAMILY SCHOLAR HOUSE INC

Form 990 for tax year 2024

Filed by FAMILY SCHOLAR HOUSE INC.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$499,050
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$499,050
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,578,349

  • 3 · Pledges and grants receivable

    beginning of year $783,173

  • 4 · Accounts receivable

    beginning of year $160,989

  • 7 · Other notes and loans receivable

    beginning of year $1,472,005

  • 9 · Prepaid expenses and deferred charges

    beginning of year $154,119

  • 10c · Land, buildings and equipment, net

    beginning of year $10,385,894

  • 11 · Investments: publicly traded securities

    beginning of year $92,488

  • 13 · Investments: program-related

    beginning of year $2,699,389 · end of year $499,050

  • 15 · Other assets

    beginning of year $77,649

  • 17 · Accounts payable and accrued expenses

    beginning of year $218,634

  • 19 · Deferred revenue

    beginning of year $76,949

  • 23 · Secured mortgages and notes payable

    beginning of year $1,824,405

  • 27 · Net assets without donor restrictions

    beginning of year $15,049,331 · end of year $499,050

  • 28 · Net assets with donor restrictions

    beginning of year $3,234,736

Mission and programs · 2024

Mission

THE MISSION OF FAMILY SCHOLAR HOUSE ("FSH") IS TO END THE CYCLE OF POVERTY BY GIVING SINGLE-PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FSH WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF-SUFFICIENCY. FSH BELIEVES THAT EVERYONE DESERVES THE OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AND THAT ACCESS TO EDUCATION IS A SIGNIFICANT BARRIER FOR DISADVANTAGED FAMILIES. BY PROVIDING ACADEMIC ADVISING, APPRENTICESHIP OPPORTUNITIES, HOUSING, CHILDCARE, FAMILY SUPPORT SERVICES, AND INTER-GENERATIONAL LEARNING OPPORTUNITIES FOR HEALTH, WELL BEING AND LIFE-SKILLS, WE HELP TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE.

Activities or mission (Part I)

TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF SUFFICIENCY.

  • TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF SUFFICIENCY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tracy Redmon

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jeremy Frankforther

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Joi Crosby

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1

  • Adam Hall

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Janine Hogan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cathe Dykstra

    PRESIDENT &

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PROJECT WOMEN DEVELOPMENT LLC

    CONSULTING · KY

    Directly controlled by FSH INC

  • SJSH GP LLC

    LIHTC · KY · assets -$158

    Directly controlled by FSH INC

  • LOUISVILLE SCHOLAR HOUSE LLC

    LIHTC · KY · income $570,343 · assets $7,592,185

    Directly controlled by FSH INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • DOWNTOWN SCHOLAR HOUSE LLLP

    CONSTRUCTI · KY · general or managing partner

  • STODDARD JOHNSTON SCHOLAR HOUSE LLL

    RELATED · CONSTRUCTI · KY · 0.01% owned · share of assets -$158 · general or managing partner

    Directly controlled by SJSP GP LL

  • PARKLAND SCHOLAR HOUSE LLLP

    CONSTRUCTI · KY · 0.01% owned · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DSH GP INC

    C CORP · LIHTC · KY · 100% owned · share of income -$224 · share of assets $502,803 · controlled entity

    Directly controlled by FSH INC

  • PARKLAND GP LLC

    C CORP · LIHTC · KY · 100% owned · share of income -$26 · share of assets $218,882 · controlled entity

    Directly controlled by FSH INC

  • PARKLAND SCHOLAR HOUSE LLLP

    C CORP · CONSTRUCTI · KY · 0.01% owned · share of income -$26 · share of assets $218,880

    Directly controlled by FSH INC

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • FAMILY INC

    $4,578,349

    Disposition · CASH · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $783,173

    Disposition · GRANTS RECEIVABLE · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $160,989

    Disposition · ACCOUNTS RECEIVABLE · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $1,472,005

    Disposition · NOTE RECEIVABLE · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $154,119

    Disposition · PREPAID EXPENSES · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $10,385,894

    Disposition · FIXED ASSETS · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $92,488

    Disposition · INVEST-PUBLIC TR SEC · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $2,199,588

    Disposition · INVEST- PROG RELATED · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $77,649

    Disposition · OTHER ASSETS · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $218,634

    Disposition · ACCOUNTS PAYABLE · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $76,949

    Disposition · DEFERRED REVENUE · Dec 31, 2023 · 501(C)(3)

  • FAMILY INC

    $1,824,405

    Disposition · NOTES PAYABLE · Dec 31, 2023 · 501(C)(3)

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.0
Source object
202503179349305180

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.