FAMILY DEVELOPMENT SERVICES INC

EIN: 351990571 501(c)(3) Employment

INDIANAPOLIS, IN

Total Revenue
$22,497,043
Total Expenses
$22,628,496
Total Assets
$17,796,250
Net Assets
$5,589,899
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IN
Principal Officer
KIMBERLY HAGLER-RHODES
Phone
3178033803
Tax Period
2024-03-01 to 2025-02-28

FAMILY DEVELOPMENT SERVICES INC, founded in 1997, is a mid-sized nonprofit in the Employment sector that reported $22.5M in total revenue in fiscal year 2024.

Mission

THE MISSION OF FAMILY DEVELOPMENT SERVICES, A HEAD START ORGANIZATION, IS TO IMPROVE THE LIVES OF LOW-INCOME CHILDREN BY PROVIDING QUALITY EARLY CHILDHOOD EDUCATION AND COMPREHENSIVE, FAMILY FOCUSED CHILD DEVELOPMENT SERVICES.

Program Service Accomplishments

Program 1
Expenses: $13,625,685

HEAD START PROGRAM - THE PURPOSE OF THIS FEDERALLY FUNDED PROGRAM IS TO SERVE LOW-INCOME PRESCHOOL CHILDREN AND THEIR FAMILIES BY PROVIDING A QUALITY EARLY CHILDHOOD EDUCATION AND SUPPORTIVE...

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HEAD START PROGRAM - THE PURPOSE OF THIS FEDERALLY FUNDED PROGRAM IS TO SERVE LOW-INCOME PRESCHOOL CHILDREN AND THEIR FAMILIES BY PROVIDING A QUALITY EARLY CHILDHOOD EDUCATION AND SUPPORTIVE SERVICES. ACHIEVEMENTS INCLUDE SERVING OVER 960 CHILDREN ANNUALLY AT 10 SITES IN MARION AND HAMILTON COUNTIES, INCLUDING 10% SPECIAL NEEDS CHILDREN, LICENSED BY THE STATE OF INDIANA, PART-DAY AND FULL DAY SERVICES OFFERED AUGUST - JUNE, ANNUALLY, LIMITED FULL DAY, FULL YEAR SERVICES, TWO MEALS AND TWO SNACKS PROVIDED DAILY, IMPROVED CHILD OUTCOMES AS DICTATED BY FEDERAL MANDATES, PROVISION OF THE FOLLOWING COMPREHENSIVE SERVICES THROUGH THE FOLLOWING SERVICE DELIVERY AREAS - EARLY CHILD EDUCATION - FAMILY PARTNERSHIP - OUTCOMES AND TRANSITION - SPECIAL NEEDS - MENTAL HEALTH - HEALTH AND NUTRITION - SOCIAL SERVICES - BI-LINGUAL SERVICES.

Program 2
Expenses: $3,548,153

EARLY HEAD START PROGRAM - THE PURPOSE OF THIS FEDERALLY FUNDED PROGRAM IS TO SERVE LOW-INCOME INFANTS, TODDLERS AND THEIR FAMILIES BY PROVIDING A QUALITY EARLY CHILDHOOD EDUCATION AND SUPPORTIVE...

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EARLY HEAD START PROGRAM - THE PURPOSE OF THIS FEDERALLY FUNDED PROGRAM IS TO SERVE LOW-INCOME INFANTS, TODDLERS AND THEIR FAMILIES BY PROVIDING A QUALITY EARLY CHILDHOOD EDUCATION AND SUPPORTIVE SERVICES. ACHIEVEMENTS INCLUDE SERVING OVER 100 INFANTS AND TODDLERS ANNUALLY AT 6 SITES IN MARION COUNTY AND HAMILTON COUNTY, INCLUDING 10% SPECIAL NEEDS CHILDREN, LICENSED BY THE STATE OF INDIANA, FULL DAY, FULL YEAR SERVICES, TWO MEALS AND TWO SNACKS PROVIDED DAILY, PROVISION OF THE FOLLOWING COMPREHENSIVE SERVICES THROUGH THE FOLLOWING SERVICE DELIEVERY AREAS - DEVELOPMENTALLY APPROPRIATE INFANT-TODDLER EDUCATION PROGRAM - FAMILY PARTNERSHIP - OUTCOMES AND TRANSITION TO HEAD START - SPECIAL NEEDS - MENTAL HEALTH - HEALTH AND NUTRITION - SOCIAL SERVICES - BI-LINGUAL SERVICES.

Program 3
Expenses: $1,505,303

THE USDA PROGRAM PROVIDES SUPPLEMENTAL FUNDING TO QUALIFIED AGENCIES TO PROVIDE NUTRITIOUS MEALS AND SNACKS TO LOW-INCOME CHILDREN DURING THE 2024-2025 SCHOOL YEAR, FAMILY DEVELOPMENT SERVICES...

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THE USDA PROGRAM PROVIDES SUPPLEMENTAL FUNDING TO QUALIFIED AGENCIES TO PROVIDE NUTRITIOUS MEALS AND SNACKS TO LOW-INCOME CHILDREN DURING THE 2024-2025 SCHOOL YEAR, FAMILY DEVELOPMENT SERVICES PROVIDED 246,105 MEALS AND 112,586 SNACKS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,497,043
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,497,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,237,769
Fundraising Expenses $0
Program Expenses $19,835,376
Other Expenses $7,390,727
TOTAL EXPENSES $22,628,496

Year-over-Year Comparison

2024 2023 Change
Revenue $22,497,043 $21,453,321 +0.0%
Expenses $22,628,496 $21,645,134 +0.0%
Net Income $-131,453 $-191,813 -0.3%
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
13
Independent Members
13
Employees
312
Volunteers
1166

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
6
$270,783
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR SARAH STELZNER DIRECTOR 1.00
Director
$0 $0 $0
BROOKE SALAZAR DIRECTOR 1.00
Director
$0 $0 $0
LATISHA GRAY DIRECTOR 1.00
Director
$0 $0 $0
MERRINDY CARPENTER DIRECTOR 1.00
Director
$0 $0 $0
VINCENT CLARK TREASURER 1.00
Officer Director
$0 $0 $0
JOSEPH ELDRIDGE PRESIDENT 1.00
Officer Director
$0 $0 $0
COLBY CHAMBERLIN PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
ROSE WILSON DIRECTOR 1.00
Director
$0 $0 $0
EILEEN MOORE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
LINDSAY MATTERS DIRECTOR 1.00
Director
$0 $0 $0
SHANNON TERRELL DIRECTOR 1.00
Director
$0 $0 $0
LAKISA WYNNE DIRECTOR 1.00
Director
$0 $0 $0
SERENA ROLLE DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY HAGLER-RHODES EXECUTIVE DIR. 40.00
Officer
$139,780 $30,558 $170,338
KENNETH SCOTT CFO 40.00
Officer
$96,582 $3,863 $100,445
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 $22,497,043 $22,628,496 $17,796,250 $-131,453
2024 $21,453,321 $21,645,134 $18,843,519 $-191,813
2023 $20,144,293 $20,413,615 $20,009,408 $-269,322
2022 $21,119,232 $18,875,992 $6,961,291 $2,243,240
2020 $18,543,561 $18,511,145 $3,772,008 $32,416
2019 $18,379,338 $18,232,515 $4,339,116 $146,823
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