Family Connections Center Inc

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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

2021

Legal Domicile

Principal Officer

Joseph D Barb

Phone

6057160422

Tax Period

2024-01-01 to 2024-12-31

Family Connections Center Inc, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 18% operating margin.

Mission

The organizations mission is to strengthen and emplower youth and young adults, to overcome obstacles by providing housing, supportive counseling, community education, and advocacy.

Program Service Accomplishments

Program 1

Expenses: $436,759

The organization provided supportive counseling, community education, and advocacy.

Program 2

Expenses: $339,301

The organization provided a drop in center for youth.

Program 3

Expenses: $130,004

The organization provided transitional housing.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,080,084

Program Service Revenue $0

Investment Income $0

Other Revenue $22,089

TOTAL REVENUE $1,102,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,565

Fundraising Expenses $0

Program Expenses $906,064

Other Expenses $449,499

TOTAL EXPENSES $906,064

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,102,173	$579,009	+0.9%
Expenses	$906,064	$551,308	+0.6%
Net Income	$196,109	$27,701	+6.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

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
Katie Johnson Swan	Treasurer	Director	$0	$0	$0
Tracy Ziegler	Secretary	Director	$0	$0	$0
Katie Edwards	Trustee	Director	$0	$0	$0
Stacy Ramsland	Trustee	Director	$0	$0	$0
Margo Julius	Trustee	Director	$0	$0	$0
Denis Volobuev	Trustee	Director	$0	$0	$0
Max Derenoncourt	Trustee	Director	$0	$0	$0
Joseph D Barb	President	Officer	$0	$0	$0
Lambert Miller	Vice President	Officer	$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	$1,102,173	$906,064	$246,787	$196,109
2023	$579,009	$551,308	$56,907	$27,701