Family Service Foundation of Houston

EIN: 741945685 501(c)(3) Human Services

Houston, TX

Total Revenue
$543,325
Total Expenses
$980,366
Total Assets
$19,152,522
Net Assets
$19,150,022
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
TX
Principal Officer
Ken Sheirr
Phone
7138614849
Tax Period
2023-07-01 to 2024-06-30

Family Service Foundation of Houston, founded in 1976, is a small nonprofit in the Human Services sector that reported $543K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $980K exceeded revenue, resulting in a 80% operating deficit.

Mission

To support the charitable and educational purposes of Family Service Center of Houston.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $543,325
Other Revenue $0
TOTAL REVENUE $543,325

Expense Breakdown

Grants Paid $900,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $900,000
Other Expenses $80,366
TOTAL EXPENSES $980,366

Year-over-Year Comparison

2023 2022 Change
Revenue $543,325 $4,640,952 -0.9%
Expenses $980,366 $826,302 +0.2%
Net Income $-437,041 $3,814,650 -1.1%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$210,189
Total Directors
7
$145,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Pitts Chairman 1.00
Officer Director
$0 $0 $0
Locke Bryan Director 1.00
Director
$0 $0 $0
Stephen Costello Director 1.00
Director
$0 $0 $0
David Pluchinsky Director 1.00
Director
$0 $0 $0
David Underwood Jr Director 1.00
Director
$0 $0 $0
Deborah Grabein Interim CEO (thru 1/24) 5.00
Officer Director
$0 $0 $145,100
Ken Sheirr CEO (from 1/24) 5.00
Officer Director
$0 $0 $0
Jennifer Hazelton Interim CFO (thru 11/23) 1.00
Officer
$0 $0 $54,300
Kathy Abshire CFO (from 11/23) 1.00
Officer
$0 $0 $10,789
Charly Weldon Former President/CEO 5.00
$0 $8,862 $134,802
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 No data No data No data No data
2024 $543,325 $980,366 $19,152,522 $-437,041
2023 $4,640,952 $826,302 $17,492,299 $3,814,650
2022 $8,012,682 $646,137 $15,421,128 $7,366,545
2021 $1,226,983 $52,321 $9,141,189 $1,174,662
2020 $93,355 $50,927 $6,165,497 $42,428
2019 $96,677 $333,489 $6,305,421 $-236,812
2018 $91,852 $28,427 $6,078,600 $63,425
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Family Service Foundation of Houston with other nonprofits in Texas and across the country.