FamilyWise Services

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

Ann Gaasch

Phone

6126170191

Tax Period

2024-01-01 to 2024-12-31

FamilyWise Services, founded in 1976, is a community nonprofit in the Mental Health sector that reported $4.1M in total revenue in fiscal year 2024.

Mission

Strengthening families by promoting the safety, stability and wellbeing of children.

Program Service Accomplishments

Program 1

Expenses: $870,765

High-Fidelity Youth Wraparound: As the only credentialed provider of High-Fidelity Wraparound in the Twin Cities, we use evidence-based elements of family voice-and-choice to "wrap" supports around families. We encourage families to draw support and mentorship from people with shared lived experience. In 2024, 251 participants across 79 families participated.

Program 2

Expenses: $744,945

Parent Support:In cases of family separation or family violence, we offer supervised visitation between non-custodial parents and their children in a safe environment. 2,140 supervised visits and 98...

Program 3

Expenses: $574,493

ACES NEAR & Tribal ACES NEAR Communities: Using the National Adverse Childhood Experiences (ACE) Interface curriculum and sharing neurobiology, epigenetics, ACEs, and resilience (NEAR) research, we build the capacity of community members to raise awareness about the effects of trauma and the promise of prevention to foster healing in their communities. Tribal NEAR contextualizes trauma and its relationship to individual and community health in tribal communities. 51 presenters were trained, 61 trainings were held, and 2,093 individuals attended in 2024.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,096,845

Program Service Revenue $0

Investment Income $15,662

Other Revenue $1,244

TOTAL REVENUE $4,113,751

Expense Breakdown

Grants Paid $81,665

Salaries & Benefits $2,889,318

Fundraising Expenses $351,802

Program Expenses $3,587,526

Other Expenses $1,223,330

TOTAL EXPENSES $4,257,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,113,751	$3,821,692	+0.1%
Expenses	$4,257,875	$3,674,615	+0.2%
Net Income	$-144,124	$147,077	-2.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$160,461

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sally Wahman	President	2.00	Officer Director	$0	$0	$0
Kimberly Heinrich	Vice President	2.00	Officer Director	$0	$0	$0
Leslie Wilbur	Treasurer	2.00	Officer Director	$0	$0	$0
Julia Quanrud	Secretary	2.00	Officer Director	$0	$0	$0
David Hirsch	Director	2.00	Director	$0	$0	$0
Jade Johnson	Director	2.00	Director	$0	$0	$0
Maria Geigle	Director	2.00	Director	$0	$0	$0
Michelle Jensen	Director	2.00	Director	$0	$0	$0
Paige Olson	Director	2.00	Director	$0	$0	$0
Cindy Devonish	Director	2.00	Director	$0	$0	$0
Peter Malmstrom	Director	2.00	Director	$0	$0	$0
Ann Gaasch	Executive Director	40.00	Officer	$143,939	$16,522	$160,461

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	$4,113,751	$4,257,875	$3,467,261	$-144,124
2023	$3,821,692	$3,674,615	$3,603,091	$147,077
2022	$3,383,452	$3,300,344	$3,441,014	$83,108
2021	$3,521,794	$3,043,729	$3,301,916	$478,065
2020	$2,779,450	$2,806,366	$2,854,386	$-26,916
2019	$2,330,324	$2,590,092	$2,288,966	$-259,768
2018	$2,773,162	$2,645,640	$2,546,022	$127,522