FAMILY ASSETS HOLDINGS INC (EIN 822122846) - Form 990 Financial Analysis & Trantor Score

🔒

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

2017

Legal Domicile

Phone

6095194443

Tax Period

2023-01-01 to 2023-12-31

FAMILY ASSETS HOLDINGS INC, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $170K in total revenue in fiscal year 2023.

Mission

THIS CORPORATION IS ORGANZIED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEROF, LESS EXPENSES, TO AN ORGANIZATION WHICH ITSELF IS EXEMPT UNDER IRC 501(A).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $-170,397

TOTAL REVENUE $-170,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,824

Other Expenses $33,824

TOTAL EXPENSES $33,824

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-170,396	$-132,751	+0.3%
Expenses	$33,824	$45,650	-0.3%
Net Income	$-204,220	$-178,401	+0.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
THEODORE T WINSLEY SR	President	Director	$0	$0	$0
DAWN WINSLEY	Vice President	Director	$0	$0	$0
JOHN HOWIE	Treasurer	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
2023	$-170,396	$33,824	$3,816,921	$-204,220
2022	$-132,751	$45,650	$3,948,836	$-178,401
2021	$-150,975	$33,824	$4,092,629	$-184,799
2020	$-133,594	$16,912	$4,352,438	$-150,506
2019	$438,943	$484,365	$4,216,414	$-45,422
2018	No data	No data	$4,251,691	No data

FAMILY ASSETS HOLDINGS INC