Form 990 for tax year 2023

Filed by FAMILY SERVICES INC.

Totals

Total revenue: $5,491,476
Total expenses: $4,829,533
Contributions and grants received: $2,614,856
Grants paid: $905,787
Program service revenue: $2,848,124
Investment income: $37,684
Other revenue: -$9,188
Total assets, end of year: $74,904,391
Total liabilities, end of year: $66,868,159
Net assets or fund balances, end of year: $8,036,232
Program services expenses (Part IX): $4,555,066
Management and general expenses: $274,467
Fundraising expenses: $0
Program service expenses (Part III): $4,555,066

Program services were 94.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$2,140,900
1f · All other contributions, gifts and grants

$473,956
1g · Noncash contributions included above

$139,238
2a · Program service revenue: CONSERVATOR PROGRAM

total $2,623,559 · related or exempt $2,623,559
2b · Program service revenue: FINANCIAL LITERACY EDU

total $154,184 · related or exempt $154,184
2c · Program service revenue: BEHAVIORAL HEALTH SERV

total $70,381 · related or exempt $70,381
3 · Investment income

total $37,684 · related or exempt $37,684
6a · Gross rents

real property $45,275
6b · Less rental expenses

real property $67,730
6c · Rental income or loss

real property -$22,455
6d · Net rental income or loss

total -$22,455 · excluded -$22,455
11a · Other revenue: MISCELLANEOUS INCOME

total $13,267 · related or exempt $13,267
11e · Other revenue, total

$13,267

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $905,787 · program services $905,787
5 · Compensation of officers, directors and key employees

total $164,211 · program services $154,539 · management and general $9,672
7 · Other salaries and wages

total $2,201,498 · program services $2,138,690 · management and general $62,808
9 · Other employee benefits

total $438,253 · program services $392,165 · management and general $46,088
11g · Fees: other

total $167,693 · program services $156,464 · management and general $11,229
12 · Advertising and promotion

total $55,450 · program services $52,615 · management and general $2,835
16 · Occupancy

total $121,424 · program services $108,219 · management and general $13,205
17 · Travel

total $25,540 · program services $24,967 · management and general $573
19 · Conferences, conventions and meetings

total $16,349 · program services $5,912 · management and general $10,437
20 · Interest

total $76,137 · program services $66,535 · management and general $9,602
22 · Depreciation, depletion and amortization

total $40,427 · program services $28,470 · management and general $11,957
23 · Insurance

total $69,574 · program services $68,472 · management and general $1,102
24a · Other expenses: IN KIND DONATED GOODS

total $139,238 · program services $120,871 · management and general $18,367
24b · Other expenses: COMPUTER AND SOFTWARE

total $137,124 · program services $119,336 · management and general $17,788
24c · Other expenses: OPERATING LEASE EXPENSE

total $84,586 · program services $70,562 · management and general $14,024
24d · Other expenses: POSTAGE

total $50,373 · program services $50,117 · management and general $256
24e · All other expenses

total $135,869 · program services $91,345 · management and general $44,524

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $2,941,302 · end of year $3,054,395
2 · Savings and temporary cash investments

beginning of year $240,541 · end of year $25,000
3 · Pledges and grants receivable

beginning of year $643,161 · end of year $1,192,070
4 · Accounts receivable

beginning of year $11,742 · end of year $4,905
7 · Other notes and loans receivable

beginning of year $1,679,387 · end of year $1,772,328
9 · Prepaid expenses and deferred charges

beginning of year $99,016 · end of year $87,071
10a · Land, buildings and equipment: cost or other basis

$3,333,179
10b · Land, buildings and equipment: accumulated depreciation

$438,160
10c · Land, buildings and equipment, net

beginning of year $2,982,422 · end of year $2,895,019
15 · Other assets

beginning of year $59,121,971 · end of year $65,873,603
17 · Accounts payable and accrued expenses

beginning of year $382,451 · end of year $456,753
19 · Deferred revenue

beginning of year $885,693 · end of year $674,576
23 · Secured mortgages and notes payable

beginning of year $1,838,499 · end of year $1,785,354
25 · Other liabilities

beginning of year $57,365,636 · end of year $63,951,476
27 · Net assets without donor restrictions

beginning of year $7,247,263 · end of year $8,036,232

Mission and programs · 2023

Mission

ORIGIN SC EMPOWERS INDIVIDUALS TO ACHIEVE FINANCIAL AND HOUSING STABILITY THROUGH ADVOCACY, COUNSELING AND EDUCATION.

Activities or mission (Part I)

TO PROVIDE SERVICES TO FAMILIES AND INDIVIDUALS IN THE SOUTH CAROLINA AREA TO HELP THEM BECOME OR REMAIN FUNCTIONALLY INDEPENDENT.

THE HOMEOWNERSHIP RESOURCE CENTER (HRC) PROVIDES FINANCIAL LITERACY EDUCATION AND COACHING TO PRIMARILY LOW-TO-MODERATE-INCOME INDIVIDUALS AND POTENTIAL HOMEOWNERS. THE HRC HAS RECEIVED NATIONAL RECOGNITION AS BEING ONE OF THE TOP AGENCIES IN THE COUNTRY PROVIDING DEFAULT COUNSELING AND FORECLOSURE PREVENTION SERVICES. ADDITIONALLY, THE HRC PROVIDES ONE-ON-ONE LONG TERM BUDGET COUNSELING AND EDUCATIONAL WORKSHOPS FOR POTENTIAL FIRST TIME HOMEBUYERS. LICENSED COUNSELORS HELP INDIVIDUALS TO UNDERSTAND THEIR CREDIT REPORT, LIVE WITHIN THEIR BUDGET, AND EVENTUALLY ATTEND A FIRST TIME HOMEBUYER WORKSHOP TO HELP THEM PREPARE TO PURCHASE A HOME THAT THEY CAN AFFORD. WITH THE SKILLS LEARNED IN THE ORGANIZATION'S HOMEBUYER WORKSHOPS, THE HOMEBUYER WILL HAVE A BETTER UNDERSTANDING OF WHAT A MORTGAGE IS, HOW TO NEGOTIATE CLOSING COSTS, DOWN PAYMENTS, INSURANCE, FUTURE MAINTENANCE, AND THE MYRIAD OF OTHER OBSTACLES FACED BY FIRST TIME OR UNEDUCATED HOMEBUYERS. IN 2023, 342 INDIVIDUALS WERE EDUCATED THROUGH HOMEOWNERSHIP CLASSES AND COACHING, AND 164 PURCHASED A HOME. THE CURRENT OWNED PROPERTIES ARE BEING CONSIDERED TO BUILD LOW-TO-MODERATE INCOME HOUSING FOR THE CHARLESTON TRI-COUNTY AREA.

Expenses $1,484,359 · Grants $329,684 · Revenue $154,184
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 1,500 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 485 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 2023, THE ORGANIZATION ASSISTED 54 HOUSEHOLDS WITH SHORT-TERM, EMERGENCY FINANCIAL ASSISTANCE IN THE FORM OF RENT, UTILITY, MORTGAGE, AND TAX PAYMENTS.

Expenses $3,070,707 · Grants $576,103 · Revenue $2,623,559
THE ORGANIZATION'S BEHAVIORAL HEALTH SERVICES AND FAMILY VIOLENCE INTERVENTION PROGRAM PROVIDES COUNSELING SUPPORT TO INDIVIDUALS TO HELP ERADICATE DOMESTIC VIOLENCE AND BUILD STRONG FAMILIES AND PROMOTE SELF-SUFFICIENCY. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION HELPED MORE THAN 235 VICTIMS OF DOMESTIC VIOLENCE, WHO PARTICIPATED IN MORE THAN 1,454 SESSIONS OF COUNSELING, AND MORE THAN 270 PERPETRATORS OFDOMESTIC VIOLENCE, WHO PARTICIPATED IN MORE THAN 1,957 COUNSELING SESSIONS.

Revenue $70,381

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Anthony FerroANTHONY FERRO

CHAIRMAN

Total calculated

$0

Hours/week

1
David GeerDAVID GEER

VICE CHAIR

Total calculated

$0

Hours/week

1
Jennifer RobertsJENNIFER ROBERTS

MEMBER

Total calculated

$0

Hours/week

1
Michael BlantonMICHAEL BLANTON

MEMBER

Total calculated

$0

Hours/week

1
Aaron HeathAARON HEATH

MEMBER

Total calculated

$0

Hours/week

1
Nashonda HunterNASHONDA HUNTER

MEMBER

Total calculated

$0

Hours/week

1
Mary Ann HallMARY ANN HALL

MEMBER

Total calculated

$0

Hours/week

1
Trey WillisTREY WILLIS

MEMBER

Total calculated

$0

Hours/week

1
Caprice AtterburyCAPRICE ATTERBURY

CEO

Total calculated

$164,210

From this org

$164,210

From related orgs

$0

Other

$0

Hours/week

45

Schedule J breakdown matched by us

Base

$162,650

Bonus

$0

Other

$1,560

Deferred

$0

Nontaxable benefits

$0

Filer's total

$164,210

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

NEIGHBORHOOD REVITALIZATION LLC

SINGLE FAMILY RESIDENTIAL REHABILITATION AND RESALE · SC

Directly controlled by FAMILY SERVICES INC DBA ORIGIN SC
8084 RIVERS LLC

REAL ESTATE INVESTMENT · SC

Directly controlled by FAMILY SERVICES INC DBA ORIGIN SC

Related corporations and trusts

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

ORIGIN REALTY INC

C · REAL ESTATE SALES · SC · 100% owned

Provenance

Return type: form_990
Tax year: 2023
Filed: 28 May 2024
IRS schema version: 2023v5.0
Source object: 202421499349300982

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.