THE FAMILY RESOURCE CENTER

EIN: 205089275 501(c)(3) Human Services

STERLING, CO

Total Revenue
$533,415
Total Expenses
$739,545
Total Assets
$1,041,041
Net Assets
$933,399
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CO
Principal Officer
DALE WISE
Phone
9705262439
Tax Period
2023-01-01 to 2023-12-31

THE FAMILY RESOURCE CENTER, founded in 2006, is a small nonprofit in the Human Services sector that reported $533K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $740K exceeded revenue, resulting in a 39% operating deficit.

Mission

THE FAMILY RESOURCE CENTER PROVIDES INFORMATION, RESOURCES AND SERVICES TO SUPPORT AND STRENGTHEN FAMILIES IN LOGAN COUNTY, COLORADO. IN DOING SO, THE ORGANIZATION PREVENTS CRUELTY TO CHILDREN AND RELIEVES THE DISTRESSED MEMBERS OF THE COMMUNITY BY DIRECTING THEM TO RESOURCES THAT MAY ALLEVIATE THEIR DISTRESS. LOCATED IN LOGAN COUNTY, THE FAMILY RESOURCE CENTER IS DEDICATED TO ENCOURAGING THE DEVELOPMENT OF HEALTHY CHILDREN AND STRONG FAMILY UNITS BY PROVIDING PARENT EDUCATION, REFERRAL SERVICES AND ONGOING SUPPORT TO MOTHERS AND FATHERS. THE ORGANIZATION PROVIDES SUPERVISED PARENTING TIME, PARENT EDUCATION, AND YOUTH DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $215,480

FAMILY SUPPORT: FAMILY SUPPORT ENCOMPASSES SEVERAL SERVICES WITHIN FAMILY RESOURCE CENTER. SUPERVISED VISITATION AND SAFE EXCHANGES MAKE IT POSSIBLE FOR A CHILD TO MAINTAIN A RELATIONSHIP WITH BOTH...

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FAMILY SUPPORT: FAMILY SUPPORT ENCOMPASSES SEVERAL SERVICES WITHIN FAMILY RESOURCE CENTER. SUPERVISED VISITATION AND SAFE EXCHANGES MAKE IT POSSIBLE FOR A CHILD TO MAINTAIN A RELATIONSHIP WITH BOTH PARENTS UNDER THE SUPERVISION OF A PROFESSIONAL AND IN A SAFE AND NEUTRAL SETTING. A CIRCLE OF GRANDPARENTS PROVIDES EDUCATION, SUPPORT AND ENCOURAGEMENT TO GRANDPARENTS RAISING GRANDCHILDREN. 565 FAMILIES WERE SERVED. STAFF ARE TRAINED TO ASSESS NEEDS AND MAKE APPROPRIATE REFERRALS TO COMMUNITY SERVICES.

Program 2
Expenses: $306,803

YOUTH DEVELOPMENT: GAME PLAN FOR SUCCESS, A PROGRAM OF FAMILY RESOURCE CENTER, SUPPORTS MIDDLE SCHOOL AND HIGH SCHOOL AGE YOUTH. FAMILY RESOURCE CENTER COACHES AND SUPPORTS YOUTH BY IMPLEMENTING WHY...

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YOUTH DEVELOPMENT: GAME PLAN FOR SUCCESS, A PROGRAM OF FAMILY RESOURCE CENTER, SUPPORTS MIDDLE SCHOOL AND HIGH SCHOOL AGE YOUTH. FAMILY RESOURCE CENTER COACHES AND SUPPORTS YOUTH BY IMPLEMENTING WHY TRY LESSONS. WHY TRY IS A NATIONALLY KNOWN, EVIDENCE-BASED PROGRAM COMPOSED OF WEEKLY MEETINGS OF TEENS IN WHICH THEY LEARN VALUABLE, HEALTHY LIFE SKILLS. THE GOAL OF BOTH OF THESE PROGRAMS IS TO RAISE GRADUATION RATES. SECONDARY GOALS ARE CAREER EXPLORATION, RELATIONSHIP AND LEADERSHIP SKILL BUILDING, OPPORTUNITIES TO PLAN AND IMPLEMENT A COMMUNITY PROJECT AND PROMOTING VOLUNTEERISM. 233 STUDENTS WERE SERVED IN THE YOUTH DEVELOPMENT PROGRAMS.

Program 3
Expenses: $161,591 Revenue: $14,266

PARENT EDUCATION: FAMILY RESOURCE CENTER PROVIDES INCREDIBLE YEARS, FIRST FIVE YEARS, NURTURING PARENTING AND NURTURING FATHERS PARENTING CLASSES. EACH CLASS ENROLLS 25-30 PARENTS. EACH CLASS IS...

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PARENT EDUCATION: FAMILY RESOURCE CENTER PROVIDES INCREDIBLE YEARS, FIRST FIVE YEARS, NURTURING PARENTING AND NURTURING FATHERS PARENTING CLASSES. EACH CLASS ENROLLS 25-30 PARENTS. EACH CLASS IS SUPPORTED BY A MEAL AND CHILD CARE AT NO COST TO THE PARTICIPANT. COMMUNITY CHURCHES DONATE AND SERVE MEALS FOR SOME SESSIONS AND STAFF PREPARE MEALS FOR OTHERS. SKILLED CHILD CARE PROVIDERS ARE HIRED FROM A POOL OF PRESCHOOL TEACHERS, PRIVATE CHILD CARE PROVIDERS, AND COLLEGE STUDENTS. A SECONDARY OUTCOME FROM THESE CLASSES IS THE DEVELOPMENT OF NETWORKS AMONG PARENTS, SOME OF WHICH RESULT IN GROUPS OF PARENTS CONTINUING TO SUPPORT EACH OTHER AND TAKE PART IN FAMILY ACTIVITIES AS A GROUP LONG AFTER THEIR CLASS ENDS. THE PARENT EDUCATION PROGRAMS SERVED 220 PARENTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $530,228
Program Service Revenue $14,266
Investment Income $2,965
Other Revenue $-14,044
TOTAL REVENUE $533,415

Expense Breakdown

Grants Paid $15,140
Salaries & Benefits $347,059
Fundraising Expenses $1,750
Program Expenses $683,874
Other Expenses $377,346
TOTAL EXPENSES $739,545

Year-over-Year Comparison

2023 2022 Change
Revenue $533,415 $751,198 -0.3%
Expenses $739,545 $604,713 +0.2%
Net Income $-206,130 $146,485 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
24
Volunteers
96

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE WISE PRESIDENT/TR 1.00
Officer Director
$0 $0 $0
MIKE WHITE VICE PRESIDE 0.50
Officer Director
$0 $0 $0
ADYSON SANTOMASO SECRETARY 1.00
Officer Director
$0 $0 $0
TONIA LOCK DIRECTOR 0.50
Director
$0 $0 $0
JAMI BRECHT DIRECTOR 0.50
Director
$0 $0 $0
SAM ROBERTS DIRECTOR 0.50
Director
$0 $0 $0
SANDY RAY DIRECTOR 0.50
Director
$0 $0 $0
WADE TYRELL DIRECTOR 0.50
Director
$0 $0 $0
NICOLE SMITH DIRECTOR 0.50
Director
$0 $0 $0
JASON SANTOMASO DIRECTOR 0.50
Director
$0 $0 $0
KEVIN BLANKENSHIP DIRECTOR 0.50
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $533,415 $739,545 $1,041,041 $-206,130
2022 $751,198 $604,713 $1,146,178 $146,485
2021 $795,638 $572,703 $1,027,143 $222,935
2020 $706,005 $488,042 $791,052 $217,963
2019 $452,061 $413,419 $564,439 $38,642
2018 $528,414 $423,931 $531,309 $104,483
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