FAMILY NURTURING SUPPORT CORPORATION

EIN: 823824558 501(c)(3) Human Services

DORCHESTER, MA

Total Revenue
$156,000
Total Expenses
$308,965
Total Assets
$5,091,528
Net Assets
$-593,979
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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
2017
Legal Domicile
MA
Principal Officer
TARAN T GRIGSBY
Phone
6174741143
Tax Period
2024-07-01 to 2025-06-30

FAMILY NURTURING SUPPORT CORPORATION, founded in 2017, is a small nonprofit in the Human Services sector that reported $156K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $309K exceeded revenue, resulting in a 98% operating deficit.

Mission

TO OWN AND LEASE REAL ESTATE TO FAMILY NURTURING CENTER OF MASSACHUSETTS, INC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $156,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $43,255
Program Expenses $219,365
Other Expenses $308,965
TOTAL EXPENSES $308,965

Year-over-Year Comparison

2024 2023 Change
Revenue $156,000 $137,000 +0.1%
Expenses $308,965 $343,594 -0.1%
Net Income $-152,965 $-206,594 -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
5
Independent Members
5
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TARAN GRISBY PRESIDENT 1.00
Officer Director
$0 $0 $0
KARLA WALLACE TREASURER/CLERK 1.00
Officer Director
$0 $0 $0
WAYNE L WORKMAN DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL B KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
ROBERT L PEABODY DIRECTOR 1.00
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 $156,000 $308,965 $5,091,528 $-152,965
2024 $137,000 $343,594 $5,223,855 $-206,594
2023 $137,500 $343,302 $5,396,496 $-205,802
2022 $139,000 $405,295 $5,601,062 $-266,295
2021 $139,015 $350,991 $5,799,017 $-211,976
2020 $198,030 $158,674 $6,053,179 $39,356
2019 $410,297 No data $6,478,391 No data
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