FAR SOUTHEAST FAMILY STRENGTENING

EIN: 522117070 501(c)(3) Human Services

WASHINGTON, DC

Total Revenue
$5,981,979
Total Expenses
$6,937,447
Total Assets
$17,873,068
Net Assets
$7,325,002
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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
1999
Legal Domicile
DC
Principal Officer
DIONNE DUSSEYREEDER
Phone
2028891425
Tax Period
2023-10-01 to 2024-09-30

FAR SOUTHEAST FAMILY STRENGTENING, founded in 1999, is a community nonprofit in the Human Services sector that reported $6.0M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $6.9M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE SERVICES SO CHILDREN AND FAMILIES HAVE OPPORTUNITIES TO LEAD PRODUCTIVE LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,741,527
Program Service Revenue $0
Investment Income $0
Other Revenue $240,452
TOTAL REVENUE $5,981,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,106,394
Fundraising Expenses $0
Program Expenses $6,263,854
Other Expenses $2,831,053
TOTAL EXPENSES $6,937,447

Year-over-Year Comparison

2023 2022 Change
Revenue $5,981,979 $8,883,358 -0.3%
Expenses $6,937,447 $8,104,099 -0.1%
Net Income $-955,468 $779,259 -2.2%
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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Governance

Voting Members
6
Independent Members
6
Employees
19
Volunteers
N/A

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
2
$0
Total Directors
8
$0
Key Employees
4
$505,000
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLYDE EDWARDS CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DR ANIKA WILSON-BROWN DIRECTOR 1.00
Director
$0 $0 $0
HARVEY YANCEY DIRECTOR 1.00
Director
$0 $0 $0
JAMAL HOLTZ FUNDRAISING CHAIR 1.00
Director
$0 $0 $0
SHEILA BUNN VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MICHAEL AUSTIN DIRECTOR 1.00
Director
$0 $0 $0
NATHANIEL HOWARD HISTORIAN 1.00
Director
$0 $0 $0
DERECK SMITH DIRECTOR 1.00
Director
$0 $0 $0
DIONNE BUSSEY-REEDER EXECUTIVE DIRECTOR 40.00
Key Emp Highest
$175,000 $0 $175,000
SHEREE DENT DEPUTY DIRECTOR 40.00
Key Emp Highest
$125,000 $0 $125,000
KAREN WILSON FAMILY SERVICES DIRECTOR 40.00
Key Emp Highest
$105,000 $0 $105,000
KEIDRA BA'TH DIRECTOR OF FINANCE 40.00
Key Emp Highest
$100,000 $0 $100,000
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 $5,981,979 $6,937,447 $17,873,068 $-955,468
2022 $9,460,420 $8,586,404 $19,671,370 $874,016
2021 $9,958,337 $9,038,322 $18,885,702 $920,015
2018 $6,585,931 $6,481,312 $19,480,969 $104,619
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