Civic Intelligence

Family Resources Inc.

990 • Fiscal year 2020 • EIN 42-0698225

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 10, 2021

2800 Eastern AvenueDavenport, IA 52803-2012

(563) 326-6431

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.22x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.19x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$112,004

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

10th percentile

-6.4%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-9.2%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$7,794,780

Down $532,921 (-6.4%) from 2019

Net Assets

Down

$6,042,953

Down $1,667,106 (-22%) from 2019

Liabilities

Up

$1,751,827

Up $1,134,185 (+184%) from 2019

Revenue

Down

$9,168,130

Down $930,182 (-9.2%) from 2019

Expenses

Up

$10,830,390

Up $500,838 (+4.8%) from 2019

Net Income

Down

-$1,662,260

Down $1,431,020 (-619%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $9,186,821Liabilities 2011: $2,361,553Net Assets 2011: $6,825,2682011Assets 2012: $8,820,737Liabilities 2012: $2,366,071Net Assets 2012: $6,454,6662012Assets 2013: $8,253,406Liabilities 2013: $2,004,935Net Assets 2013: $6,248,4712013Assets 2014: $8,545,593Liabilities 2014: $1,941,255Net Assets 2014: $6,604,3382014Assets 2015: $9,301,674Liabilities 2015: $1,884,817Net Assets 2015: $7,416,8572015Assets 2016: $8,948,349Liabilities 2016: $2,044,653Net Assets 2016: $6,903,6962016Assets 2017: $8,125,495Liabilities 2017: $1,411,596Net Assets 2017: $6,713,8992017Assets 2018: $9,064,933Liabilities 2018: $1,121,929Net Assets 2018: $7,943,0042018Assets 2019: $8,327,701Liabilities 2019: $617,642Net Assets 2019: $7,710,0592019Assets 2020: $7,794,780Liabilities 2020: $1,751,827Net Assets 2020: $6,042,9532020Assets 2021: $6,197,457Liabilities 2021: $761,993Net Assets 2021: $5,435,4642021Assets 2022: $4,545,955Liabilities 2022: $738,107Net Assets 2022: $3,807,8482022Assets 2023: $2,995,897Liabilities 2023: $742,250Net Assets 2023: $2,253,6472023Assets 2025: $3,001,289Liabilities 2025: $1,320,730Net Assets 2025: $1,680,5592025

Highlighted filing

2020

Assets$7,794,780
Liabilities$1,751,827
Net Assets$6,042,953

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $14,485,9272011Expenses 2012: $16,305,2902012Expenses 2013: $12,868,0852013Revenue 2014: $12,259,804Expenses 2014: $11,907,902Net Income 2014: $351,9022014Revenue 2015: $9,859,554Expenses 2015: $9,039,864Net Income 2015: $819,6902015Revenue 2016: $8,290,591Expenses 2016: $8,802,883Net Income 2016: -$512,2922016Revenue 2017: $9,411,678Expenses 2017: $9,602,875Net Income 2017: -$191,1972017Revenue 2018: $11,024,281Expenses 2018: $10,914,458Net Income 2018: $109,8232018Revenue 2019: $10,098,312Expenses 2019: $10,329,552Net Income 2019: -$231,2402019Revenue 2020: $9,168,130Expenses 2020: $10,830,390Net Income 2020: -$1,662,2602020Revenue 2021: $11,126,733Expenses 2021: $11,750,583Net Income 2021: -$623,8502021Revenue 2022: $9,506,140Expenses 2022: $11,112,611Net Income 2022: -$1,606,4712022Revenue 2023: $11,073,206Expenses 2023: $12,627,407Net Income 2023: -$1,554,2012023Revenue 2025: $9,029,177Expenses 2025: $9,045,228Net Income 2025: -$16,0512025

Highlighted filing

2020

Revenue$9,168,130
Expenses$10,830,390
Net Income-$1,662,260
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 10, 2021
Return Version
2019v5.0
Gross Receipts
$9,176,133
Mission and Program Overview

Mission

We believe that it is a privilege to work with individuals, families, and communities. We believe that they have the most insight into their past, present, and future. Our role is to partner with them in creating effective solutions with respect to diversity. With this understanding, family resources carries out its mission to strengthen children, families, and individuals by providing a continuum of quality services to the public that engage community resources to create effective solutions. Our vision is a caring community of healthy families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,404,156$3,102,271▼ $301,885
Cash and Non-Interest-Bearing Accounts$2,366,255$2,094,842▼ $271,413
Accounts Receivable$1,463,963$1,705,167▲ $241,204
Pledges and Grants Receivable$512,038$436,479▼ $75,559
Investments Other Securities$206,093$204,892▼ $1,201
Prepaid Expenses and Deferred Charges$54,610$119,564▲ $64,954
Savings and Temporary Cash Investments$92,873$94,673▲ $1,800
Total Assets$8,327,701$7,794,780▼ $532,921
Other Assets Total$227,713$36,892▼ $190,821
Liabilities
Other Liabilities-$1,144,786-
Accounts Payable and Accrued Expenses$478,915$498,614▲ $19,699
Mortgage Notes Payable Secured by Investment Property$138,727$108,427▼ $30,300
Total Liabilities$617,642$1,751,827▲ $1,134,185
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,487,213$4,375,314▼ $2,111,899
Net Assets With Donor Restrictions$1,222,846$1,667,639▲ $444,793
Total Net Assets Fund Balance$7,710,059$6,042,953▼ $1,667,106
Total Liabilities and Net Assets / Fund Balance$8,327,701$7,794,780▼ $532,921

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,694,976$5,653,326$7,348,302
Buildings$1,056,719$1,593,311$2,650,030
Equipment$333,563$1,430,618$1,764,181
Land$17,013-$17,013

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$104,884-▲ $2,127$3,575$103,436
2018$102,635-▲ $30,963$28,417$104,884
2017$95,537$472▲ $6,626-$102,635
2016$84,852$2,042▲ $8,643-$95,537
2015$84,474$108▲ $198-$84,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole Cisne-durbinPreisdentFT$100,229$11,775$112,004
Erin Van HookCFOFT$86,142$14,612$100,754
Ashley Odom SchwalmCOOFT$55,967$16,657$72,624

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$7,599,752
Program Service Revenue
$1,491,864
Investment Income
$2,048
Other Revenue
$74,466
All Other Contributions
$4,802,837
Change in Net Assets
$-1,662,260

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table256$67,797Fair Market Value
Clothing and Household Goods-$45,676Fair Market Value
Food Inventory15$1,232Fair Market Value
Total Noncash Contributions271$114,705-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,168,130
Revenue Not Reported on Form 990
$-4,846
Total Revenue per Audited Statements
$9,163,284
Total Revenue per Form 990
$9,168,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,134,536
Other Expenses$3,695,854
Total Fundraising Expense$144,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,590,783$481,898$80,806$5,153,487
Other Employee Benefits$1,007,958$172,162$11,193$1,191,313
Office Expenses$351,219$425,095$18,886$795,200
Occupancy$651,834$80,191-$732,025
Depreciation Depletion$423,316$46,684-$470,000
Payroll Taxes$375,966$56,571$9,607$442,144
Current Officers, Directors, Trustees, and Key Employees$258,046$31,629-$289,675
Insurance$101,071$45,471-$146,542
Travel$118,208$9,359$454$128,021
Pension Plan Contributions$48,912$8,212$793$57,917
Other Expenses$24,412$14,635$145$39,192
Fees for Services Legal-$32,589-$32,589
All Other Expenses$20,025$4,196$3,144$27,365
Fees for Services Accounting-$17,000-$17,000
Interest$6,000$4,197-$10,197
Fees for Services Management-$2,000-$2,000
Total Functional Expenses$8,523,714$2,162,075$144,601$10,830,390

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,830,390
Total Expenses per Audited Statements$10,830,390
Total Expenses per Form 990$10,830,390
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,469
Fundraising Direct Expenses$8,003
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Opening Doors$79,120$79,120$2,858$76,262
Total Events$79,120$79,120$2,858$76,262
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance - Ppp$1,144,786
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

The boards of the organization and four oaks apporved a plan of disaffiliation effective september 30, 2019. Four oaks will continue to provide administrative support services and insurance coverage to the organization through september 30, 2019 at which time the organization will become responsible for providing those services.

Form 990, Page 6, Part VI, Line 6

Four oaks family and children's services was the sole member of the reporting organization through september 30, 2019. The boards of the organization and four oaks approved a plan of disaffiliation effective september 30, 2019.

Form 990, Page 6, Part VI, Line 7A

Four oaks family and children's services had the power to elect or appoint members to the organization's governing body through september 30, 2019.

Form 990, Page 6, Part VI, Line 7B

Decisions of the organization's governing body were subject to approval by four oaks family and children's services through september 30, 2019.

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to the finance committee of the board of directors by a representative of the organization's cpa firm and the organization's cfo. The finance committee reviews and approves form 990, on behalf of the entire board of directors. Prior to filing, the entire board is provided with a copy of the form 990 and adequate time is allowed for members to ask questions of the finance committee and the cfo.

Form 990, Page 6, Part VI, Line 12C

Family resources, inc. Has developed conflict of interest questionnaires which members of the organization's board of directors are required to complete on an annual basis. These completed questionnaries are available for review at the organization's administrative offices.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the family resources board of directors determines the executive director's salary based on information provided to them by the family resources hr department. The hr department provides salary survey information from regional peer agencies, local non-for-profit agencies, etc.

Form 990, Page 6, Part VI, Line 15B

The hr department provides the executive director salary survey information from regional peer agencies, local not-for-proit agencies, etc. This information is used to determine the salaries of officers and other key employees.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements of family resources are made available either upon request or through the guidestar website.

Filing and Contact Details

Filer

Filer Name
Family Resources Inc
EIN
42-0698225
Phone
5633266431
Address
2800 EASTERN AVENUE, DAVENPORT, IA 52803-2012

Signing Officer

Name
Joel Dieckmann
Title
Director of Finance
Phone
5633266431
Signed
2021-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Cisne-durbin
Formed
1869
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
241
Volunteers
642

Preparer

Firm
Anderson Lower Whitlow Pc
Address
1805 STATE ST STE 201, BETTENDORF, IA 52722
Preparer
Barry L Anderson
Phone
5633594757
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We believe that it is a privilege to work with individuals, families, and communities. We believe that they have the most insight into their past, present, and future. Our role is to partner with them in creating effective solutions with respect to diversity. With this understanding, family resources carries out its mission to strengthen children, families, and individuals by providing a continuum of quality services to the public that engage community resources to create effective solutions. Our vision is a caring community of healthy families.

Form 990, Page 2, Part III, Line 4D

Mental health services include mental health counseling and therapy (individual, couples, family and group) services to help people cope with all types of problems including depression, anxiety, relationship, work-related, drugs, alcohol, anger management, etc.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The organization's endowment funds will be used to support the general operations of the organization.

Schedule D, Page 3, Part X

The organization qualifies for tax-exempt status under the internal revenue service code section 501(c)(3) and is not subject to federal or state income taxes. The organization evaluates the tax benefits of a tax position using the "more likely than not" threshold. As of june 30, 2020, management is not aware of any uncertain tax positions and related tax benefits which would be material to the organization's financial statments. The organzation files u.s. Federal and state informational returns which for fiscal years subsequent to 2016 are subject to examination by taxing authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/MissionDesc0WE BELIEVE THAT IT IS A PRIVILEGE TO WORK WITH INDIVIDUALS, FAMILIES, AND COMMUNITIES. WE BELIEVE THAT THEY HAVE THE MOST INSIGHT INTO THEIR PAST, PRESENT, AND FUTURE. OUR ROLE IS TO PARTNER WITH THEM IN CREATING EFFECTIVE SOLUTIONS WITH RESPECT TO DIVERSITY. WITH THIS UNDERSTANDING, FAMILY RESOURCES CARRIES OUT ITS MISSION TO STRENGTHEN CHILDREN, FAMILIES, AND INDIVIDUALS BY PROVIDING A CONTINUUM OF QUALITY SERVICES TO THE PUBLIC THAT ENGAGE COMMUNITY RESOURCES TO CREATE EFFECTIVE SOLUTIONS. OUR VISION IS A CARING COMMUNITY OF HEALTHY FAMILIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0MUSCATINE CENTER SERVICES: THE ORGANIZATION PROVIDES RAPE/SEXUAL ASSAULT SERVICES, MENTAL HEALTH COUNSELING AND THERAPY, DOMESTIC VIOLENCE SERVICES,AND HOME-BASED SERVICES TO INDIVIDUALS AND FAMILIES IN MUSCATINE AND THE SURROUNDING COMMUNITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0VIOLENCE INTERVENTION COUNSELING SERVICES INCLUDE; 1) MAINTAINING A SHELTER OPEN TO ALL MEN, WOMEN AND CHILDREN FLEEING A DOMESTIC VIOLENCE RELATIONSHIP, 2) 24 HOUR CRISIS LINE, 3) MEDICAL AND LEGAL ADVOCACY AND COUNSELING FOR VICTIMS OF DOMESTIC VIOLENCE, RAPE, SEXUAL ASSAULT, HUMAN TRAFFICKING, AND/OR OTHER VIOLENT CRIMES 4) SUPPORT GROUPS FOR VICTIMS AND THEIR FAMILIES, 5) COMMUNITY EDUCATION PROGRAMS TO INCREASE PUBLIC AWARENESS AND UNDERSTANDING, 6) PROFESSIONAL IN-SERVICE TRAINING FOR PROFESSIONALS WHO MAY COME IN CONTACT WITH VICTIMS, AND 7) ASSISTANCE WITH TRANSPORTATION, RENT, FOOD, MEDICAL CARE, AND EMERGENCY INTERVENTION 24 HOURS A DAY.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0MENTAL HEALTH SERVICES INCLUDE MENTAL HEALTH COUNSELING AND THERAPY (INDIVIDUAL, COUPLES, FAMILY AND GROUP) SERVICES TO HELP PEOPLE COPE WITH ALL TYPES OF PROBLEMS INCLUDING DEPRESSION, ANXIETY, RELATIONSHIP, WORK-RELATED, DRUGS, ALCOHOL, ANGER MANAGEMENT, ETC.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING GROSS INCOME 729,475
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$1.32$1.68$9.03$9.05$0.02
2023Summary only. Only limited summary data is available for this year.$3.00$0.74$2.25$11.1$12.6$1.55
2022Summary only. Only limited summary data is available for this year.$4.55$0.74$3.81$9.51$11.1$1.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.76$5.44$11.1$11.8$0.62
2020Detailed filing. Detailed filing data is available for this year.$7.79$1.75$6.04$9.17$10.8$1.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.33$0.62$7.71$10.1$10.3$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.06$1.12$7.94$11.0$10.9$0.11
2017Summary only. Only limited summary data is available for this year.$8.13$1.41$6.71$9.41$9.60$0.19
2016Detailed filing. Detailed filing data is available for this year.$8.95$2.04$6.90$8.29$8.80$0.51
2015Detailed filing. Detailed filing data is available for this year.$9.30$1.88$7.42$9.86$9.04$0.82
2014Detailed filing. Detailed filing data is available for this year.$8.55$1.94$6.60$12.3$11.9$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.25$2.00$6.25$12.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.82$2.37$6.45$16.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$2.36$6.83$14.5
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $5M-$10M nonprofits