FAMILY CARE NETWORK INC

🔒

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

1987

Legal Domicile

Principal Officer

Bobbie Boyer

Phone

8057813535

Tax Period

2024-07-01 to 2025-06-30

FAMILY CARE NETWORK INC, founded in 1987, is a mid-sized nonprofit that reported $19.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $17.7M left a modest 7% surplus.

Mission

The mission of the Family Care Network is to enhance the wellbeing of children, adults, and families in partnership with our community.

Program Service Accomplishments

Program 1

Expenses: $3,425,856 Revenue: $0

Family Support Services: (Foster Care, Adoptions, Wrap, and Out of County Wrap or other FC related) Recruited 4 resource families, maintained, and supervised 24 resource parents. FCNI supported 46...

Family Support Services: (Foster Care, Adoptions, Wrap, and Out of County Wrap or other FC related) Recruited 4 resource families, maintained, and supervised 24 resource parents. FCNI supported 46 child and youth placements in Resource Family homes with a 100% success rate. Case management, counseling and 24-hour crisis support were provided. Completed 4 adoptions. Provided Wraparound Services to 46 clients and with a success rate of 85% (diverted from higher level of placement).

Program 2

Expenses: $4,669,190 Revenue: $5,846,208

Behavioral Health Services: Provided rehabilitation, crisis, and case management counseling services to 483 children/youth. Of these, 88% were successfully diverted from higher level of care and/or...

Program 3

Expenses: $5,710,528 Revenue: $0

Housing Support Services: Provided transitional housing and life skills training to 69 youth and young adults exiting the foster care system. These programs are specifically designed to transition...

Housing Support Services: Provided transitional housing and life skills training to 69 youth and young adults exiting the foster care system. These programs are specifically designed to transition youth and young adults aged 16-24 to self-sufficiency and independent living through supportive housing and independent life skill development. Additionally, provided housing support services to 456 homeless youth, families and elderly, which prevented eviction for 57 households; and secured housing for 125 households.

🔒

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 $13,718,463

Program Service Revenue $5,846,598

Investment Income $-580,009

Other Revenue $127,403

TOTAL REVENUE $19,112,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,391,046

Fundraising Expenses $169,397

Program Expenses $15,215,720

Other Expenses $6,328,170

TOTAL EXPENSES $17,719,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,112,455	$17,208,988	+0.1%
Expenses	$17,719,216	$16,200,685	+0.1%
Net Income	$1,393,239	$1,008,303	+0.4%

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

159

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

$958,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Carlson	Chief Executive Officer	40	Officer	$247,129	$20,711	$267,840
Jonathan Nibbio	Chief Operating Officer	40	Officer	$197,083	$39,396	$236,479
Cynthia Barnett	Chief Clinical Officer	40	Officer	$203,751	$28,734	$232,485
Bobbie Cherry Boyer	Chief Financial Officer	40	Officer	$194,765	$26,501	$221,266
Tasha L Farmer	Program Supervisor	40	Highest	$185,517	$29,597	$215,114
Joanne Nibbio	Manager	40	Highest	$117,225	$47,227	$164,452
Kim Dankner	Director of Human Resources	40	Highest	$153,886	$6,116	$160,002
Erin Greenberg	Director of Strategic Initiatives and Contract Administration	40	Highest	$128,603	$14,060	$142,663
Michael Wagoner	Manager of IT	40	Highest	$122,546	$18,054	$140,600
Cameron Ingalls	Board Chair	2	Director	$0	$0	$0
Cody VanDorn	Board Treasurer	2	Director	$0	$0	$0
Marc Amesse	Board Member	2	Director	$0	$0	$0
Christine Robertson	Board Member	2	Director	$0	$0	$0
Micah Van Bogelen	Board Member	2	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
2025	$19,112,455	$17,719,216	$22,353,329	$1,393,239
2024	$17,208,988	$16,200,685	$22,078,608	$1,008,303
2023	$17,088,917	$16,848,607	$21,052,885	$240,310
2022	$15,959,614	$15,592,044	$19,863,238	$367,570
2021	$16,475,631	$15,911,565	$19,389,329	$564,066
2020	$18,342,196	$18,043,076	$19,314,133	$299,120