Totals
- Total revenue
- $11,300,992
- Total expenses
- $8,789,569
- Contributions and grants received
- $10,566,405
- Grants paid
- $222,309
- Program service revenue
- $643,056
- Investment income
- $122,518
- Other revenue
- -$30,987
- Total assets, end of year
- $33,100,458
- Total liabilities, end of year
- $12,463,240
- Net assets or fund balances, end of year
- $20,637,218
- Program services expenses (Part IX)
- $8,130,468
- Management and general expenses
- $423,431
- Fundraising expenses
- $235,670
- Program service expenses (Part III)
- $8,130,468
Program services were 92.5% 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.
-
1c · Fundraising events
$483,425
-
1e · Government grants (contributions)
$4,136,445
-
1f · All other contributions, gifts and grants
$5,946,535
-
1g · Noncash contributions included above
$223,276
-
2a · Program service revenue: RENTAL INCOME
total $542,736 · related or exempt $542,736
-
2b · Program service revenue: PROJECT SERVICES
total $72,718 · related or exempt $72,718
-
2c · Program service revenue: TENANT CHARGES
total $27,602 · related or exempt $27,602
-
3 · Investment income
total $121,043 · excluded $121,043
-
7a · Gross sales of assets other than inventory
securities $29,544
-
7b · Less cost or other basis and sales expenses
securities $28,069
-
7c · Gain or loss
securities $1,475
-
7d · Net gain or loss
total $1,475 · related or exempt $1,475
-
8a · Fundraising events: gross income
$275,923
-
8a · Fundraising events: contributions included on line 1c
$483,425
-
8b · Fundraising events: direct expenses
$309,734
-
8c · Net income from fundraising events
total -$33,811
-
11a · Other revenue: MISCELLANEOUS INCOME
total $2,824 · related or exempt $2,824
-
11e · Other revenue, total
$2,824
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $222,309 · program services $222,309
-
5 · Compensation of officers, directors and key employees
total $752,395 · program services $586,148 · management and general $105,575 · fundraising $60,672
-
7 · Other salaries and wages
total $4,819,658 · program services $4,650,983 · management and general $69,482 · fundraising $99,193
-
8 · Pension plan contributions
total $70,375 · program services $64,225 · management and general $3,644 · fundraising $2,506
-
9 · Other employee benefits
total $186,424 · program services $178,160 · management and general $7,109 · fundraising $1,155
-
10 · Payroll taxes
total $418,262 · program services $396,410 · management and general $10,908 · fundraising $10,944
-
11c · Fees: accounting
total $137,987 · program services $10,925 · management and general $127,062
-
11g · Fees: other
total $225,044 · program services $185,044 · fundraising $40,000
-
13 · Office expenses
total $50,308 · program services $45,528 · management and general $4,780
-
17 · Travel
total $50,486 · program services $50,481 · management and general $5
-
20 · Interest
total $2,889 · program services $2,889
-
22 · Depreciation, depletion and amortization
total $594,873 · program services $569,983 · management and general $24,890
-
23 · Insurance
total $89,704 · program services $60,887 · management and general $28,817
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $311,971 · program services $308,389 · management and general $3,582
-
24b · Other expenses: CONTRACT SERVICES
total $196,544 · program services $196,544
-
24c · Other expenses: PROGRAM PUBLICATIONS
total $134,513 · program services $134,513
-
24d · Other expenses: UTILITIES
total $122,100 · program services $119,827 · management and general $2,273
-
24e · All other expenses
total $403,727 · program services $347,223 · management and general $35,304 · fundraising $21,200
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
end of year $9,006,894
-
3 · Pledges and grants receivable
end of year $775,830
-
4 · Accounts receivable
end of year $151,627
-
7 · Other notes and loans receivable
end of year $1,513,622
-
9 · Prepaid expenses and deferred charges
end of year $148,247
-
10a · Land, buildings and equipment: cost or other basis
$22,946,193
-
10b · Land, buildings and equipment: accumulated depreciation
$7,261,135
-
10c · Land, buildings and equipment, net
end of year $15,685,058
-
11 · Investments: publicly traded securities
end of year $126,494
-
13 · Investments: program-related
end of year $2,220,074
-
15 · Other assets
end of year $3,472,612
-
17 · Accounts payable and accrued expenses
end of year $1,123,031
-
19 · Deferred revenue
end of year $511,790
-
23 · Secured mortgages and notes payable
end of year $7,455,999
-
25 · Other liabilities
end of year $3,372,420
-
27 · Net assets without donor restrictions
end of year $14,289,958
-
28 · Net assets with donor restrictions
end of year $6,347,260
Mission and programs · 2024
Mission
THE MISSION OF FAMILY INC 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. FAMILY INC 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. FAMILY INC 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.
-
FAMILY INC 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. FAMILY INC GIVES SINGLE PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FAMILY INC 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, FAMILY INC HELPS TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. MANY OF THE PARTICIPANTS COME TO FAMILY INC LACKING SOME OF THE BASIC LIFE SKILLS NECESSARY FOR THEM TO BE SELF- SUFFICIENT, INCLUDING FINANCIAL LITERACY, HEALTHY LIFESTYLES, STRESS MANAGEMENT, AND PHYSICAL FITNESS. WHILE THE PARENT-SCHOLAR IS AT THE CENTER OF MANY PROGRAMS, FAMILY INC ALSO SUPPORTS THE CHILDREN IN OUR PROGRAM, WHO RECEIVE THE SUPPORT AND RESOURCES THEY NEED TO BECOME SUCCESSFUL STUDENTS AND ASPIRE TO PROCEED TO HIGHER EDUCATION IN THEIR ADULT LIFE. THIS INCLUDES PROGRAMS LIKE TODDLER BOOK CLUB, CHILDREN FOR CHANGE, AND CAREER ACADEMY. FAMILY INC CREATES A COLLEGE-GOING CULTURE FOR EVERY PARTICIPANT IN THE PROGRAM. FAMILY INC CAMPUSES BECOME COMMUNITIES OF PEER SUPPORT, PROVIDING A NETWORK OF PEOPLE WITH SIMILAR BACKGROUNDS AND EXPERIENCES WHO STRENGTHEN AND ENCOURAGE ONE ANOTHER THROUGH THE CHALLENGES OF HIGHER EDUCATION AND PARENTING. THUS FAMILY INC IS AN EDUCATIONAL PROGRAM WITH A HOUSING COMPONENT THAT UTILIZES INTERNAL RESOURCES AND COMMUNITY COLLABORATIONS TO MEET THE NEEDS OF THE FAMILIES SERVED.
Expenses $8,130,468 · Grants $222,309 · Revenue $643,056
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cathe DykstraCATHE DYKSTRA
PRESIDENT &
- Total calculated
- $631,029
- From this org
- $606,719
- From related orgs
- $0
- Other
- $24,310
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $605,708
- Bonus
- $1,011
- Other
- not reported
- Deferred
- $24,310
- Nontaxable benefits
- $2,040
- Filer's total
- $631,029
-
Kate L BrackettKATE L BRACKETT
CEO
- Total calculated
- $151,676
- From this org
- $145,676
- From related orgs
- $0
- Other
- $6,000
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $140,926
- Bonus
- $4,750
- Other
- not reported
- Deferred
- $6,000
- Nontaxable benefits
- $9,074
- Filer's total
- $151,676
-
Elizabeth CassadyELIZABETH CASSADY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tracy RedmonTRACY REDMON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Souhila MoussaouiSOUHILA MOUSSAOUI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Corey RobinsonCOREY ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adam HallADAM HALL
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Talley RussellTALLEY RUSSELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angie McDonaldANGIE MCDONALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Julie SafleyJULIE SAFLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jenny SawyerJENNY SAWYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristin PickerellKRISTIN PICKERELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melinda SunderlandMELINDA SUNDERLAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer PowellJENNIFER POWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reneau WaggonerRENEAU WAGGONER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erica BoardERICA BOARD
BOARD MEMBER
- 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. 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 · Written employment contract
- 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.
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
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533179349304693
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