FAMILY ENRICHMENT NETWORK INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

DARRELL NEWVINE

Phone

6077238313

Tax Period

2024-11-01 to 2025-10-31

FAMILY ENRICHMENT NETWORK INC, founded in 1978, is a mid-sized nonprofit in the Education sector that reported $13.7M in total revenue in fiscal year 2024. Expenses of $12.9M left a modest 6% surplus.

Mission

PLANNING, COORDINATING AND IMPLEMENTING CHILD DEVELOPMENT AND CHILD SERVICES ON BEHALF OF CHILDREN AND THEIR FAMILIES IN BROOME COUNTY.

Program Service Accomplishments

Program 1

Expenses: $4,403,596

HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.

Program 2

Expenses: $2,090,601

EARLY HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.

Program 3

Expenses: $1,311,909

THE CHILD AND ADULT CARE FOOD PROGRAM PROVIDES NUTRITIONAL TRAINING AND REIMBURSEMENT OF FOOD COSTS TO REGISTERED/LICENSED FAMILY CHILDCARE PROVIDERS SERVICE U.S. DEPARTMENT OF AGRICULTURE APPROVED...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,799,533

Program Service Revenue $1,556,618

Investment Income $309,106

Other Revenue $618

TOTAL REVENUE $13,665,875

Expense Breakdown

Grants Paid $699,563

Salaries & Benefits $9,351,249

Fundraising Expenses $5,939

Program Expenses $11,345,545

Other Expenses $2,841,969

TOTAL EXPENSES $12,892,781

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,665,875	$13,245,453	+0.0%
Expenses	$12,892,781	$12,937,573	0.0%
Net Income	$773,094	$307,880	+1.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

370

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$341,518

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILBERT MIDYETTE	TREASURER	2.00	Officer Director	$0	$0	$0
FRED MEAGHER	SECRETARY	2.00	Officer Director	$0	$0	$0
JACKIE WATSON	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
LIZ MYERS	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA LANTZ	BOARD MEMBER	2.00	Director	$0	$0	$0
CHELYSSA CLARKE	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTOPHER LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
TRACY CAEZZA	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANK JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
DARRELL NEWVINE	EXECUTIVE DIRECTOR	40.00	Officer	$163,056	$7,181	$170,237
NORA BUSH	FINANCE DIRECTOR	40.00	Officer	$122,572	$48,709	$171,281

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$13,665,875	$12,892,781	$15,313,407	$773,094
2024	$13,245,453	$12,937,573	$14,236,987	$307,880
2023	$12,533,133	$11,429,535	$12,245,414	$1,103,598
2022	$11,479,800	$11,743,694	$10,477,659	$-263,894
2021	$13,540,141	$10,694,042	$10,225,411	$2,846,099
2020	$12,621,621	$10,407,909	$8,020,609	$2,213,712
2019	$10,233,189	$9,446,300	$5,281,573	$786,889
2018	$9,495,856	$9,089,191	$4,442,336	$406,665