FAMILY SERVICES OF DAVIDSON COUNTY

EIN: 581591597 501(c)(3) Human Services

LEXINGTON, NC

Total Revenue
$1,459,725
Total Expenses
$1,488,971
Total Assets
$1,394,435
Net Assets
$1,339,253
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
KATHY MCLEAN
Phone
3362490237
Tax Period
2023-01-01 to 2023-12-31

FAMILY SERVICES OF DAVIDSON COUNTY, founded in 1984, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

PROVIDE COUNSELING, CRISIS INTERVENTION AND YOUTH DEVELOPMENT PROGRAMS TO STRENGTHEN INDIVIDUALS, FAMILIES AND OUR COMMUNITY.

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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 $1,333,219
Program Service Revenue $88,005
Investment Income $0
Other Revenue $38,501
TOTAL REVENUE $1,459,725

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,074,024
Fundraising Expenses $0
Program Expenses $1,107,177
Other Expenses $414,947
TOTAL EXPENSES $1,488,971

Year-over-Year Comparison

2023 2022 Change
Revenue $1,459,725 $1,466,366 0.0%
Expenses $1,488,971 $1,507,217 0.0%
Net Income $-29,246 $-40,851 -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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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

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Governance

Voting Members
18
Independent Members
18
Employees
41
Volunteers
75

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
$80,532
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM TILLEY EXECUTIVE DI 40.00
Officer
$73,215 $7,317 $80,532
DUSTIN CARTER MEMBER 1.00
Director
$0 $0 $0
BROOKE MANN MEMBER 1.00
Director
$0 $0 $0
CASIE PEGG MEMBER 1.00
Director
$0 $0 $0
PEARCE DOUGAN MEMBER 1.00
Director
$0 $0 $0
JUNE BRITT MEMBER 1.00
Director
$0 $0 $0
DR JONATHAN BROWN MEMBER 1.00
Director
$0 $0 $0
MICHAELA EVERHART MEMBER 1.00
Director
$0 $0 $0
MICHAEL HUNT MEMBER 1.00
Director
$0 $0 $0
GARY BOWERS MEMBER 1.00
Director
$0 $0 $0
RYAN MENDENHALL MEMBER 1.00
Director
$0 $0 $0
LUKE DAVIS MEMBER 1.00
Director
$0 $0 $0
OSCAR ZUNIGA-BACA MEMBER 1.00
Director
$0 $0 $0
JENNIFER MERCADO MEMBER 1.00
Director
$0 $0 $0
DR VINCENT HOWELL CHAIR 1.00
Officer Director
$0 $0 $0
KATHY MCLEAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
JESSICA SNIDER TREASURER 1.00
Officer Director
$0 $0 $0
JORDAN LUPTON SECRETARY 1.00
Officer Director
$0 $0 $0
JENNY VARNER IMMEDIATE PA 1.00
Officer 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 $1,459,725 $1,488,971 $1,394,435 $-29,246
2022 $1,466,366 $1,507,217 $1,433,866 $-40,851
2021 $1,402,801 $1,438,863 $1,469,802 $-36,062
2020 $1,613,097 $1,564,016 $1,550,569 $49,081
2019 $1,441,326 $1,412,604 $1,499,203 $28,722
2018 $1,286,325 $1,396,019 $1,436,010 $-109,694
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