MY FAMILY INC

EIN: 943046074 501(c)(3)

OLYMPIA, WA

Total Revenue
$38,727
Total Expenses
$24,273
Total Assets
$642,114
Net Assets
$525,447
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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
1987
Legal Domicile
WA
Principal Officer
DON TIERNEY
Phone
3604917140
Tax Period
2023-03-01 to 2024-02-29

MY FAMILY INC, founded in 1987, is a micro nonprofit that reported $39K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $14K, a strong 37% operating margin.

Mission

PROVIDE CARE FACILITY FOR PHYSICALLY AND MENTALLY HANDICAPPED INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,397
Program Service Revenue $17,300
Investment Income $8,130
Other Revenue $900
TOTAL REVENUE $38,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $18,734
Other Expenses $24,273
TOTAL EXPENSES $24,273

Year-over-Year Comparison

2023 2022 Change
Revenue $38,727 $45,202 -0.1%
Expenses $24,273 $21,012 +0.2%
Net Income $14,454 $24,190 -0.4%
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
3
Independent Members
1
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON TIERNEY PRESIDENT 5.00
Officer Director
$0 $0 $0
MELONY HANDRAN SECRETARY 1.00
Officer Director
$0 $0 $0
SARACH MCCARTHY TREASURER 1.00
Officer 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
2024 $38,727 $24,273 $642,114 $14,454
2022 $78,097 $18,090 $620,552 $60,007
2021 $39,902 $27,938 $571,210 $11,964
2020 $43,942 $28,721 $527,746 $15,221
2019 $35,762 $23,278 $525,417 $12,484
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