Family Solutions Inc

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Family Solutions Inc has received an 82% score from Charity Navigator, earning a three-star rating. This rating reflects a solid performance in terms of accountability and financial practices, which are crucial for donor trust and operational effectiveness. The organization boasts a fully independent board and demonstrates strong transparency, having no material diversion of assets and adhering to proper financial auditing standards.

Strengths of Family Solutions Inc include a well-structured board with 100% independent members and robust policies in place, such as a conflict of interest policy and a whistleblower policy. The organization has also effectively managed its finances, as indicated by a favorable liabilities-to-assets ratio. These factors contribute positively to their overall accountability and financial health.

However, the organization’s program expense ratio stands at 59.40%, which is relatively low compared to other nonprofits. This could imply that a smaller percentage of their funds go directly into programs and services, which may raise questions about the efficiency of resource allocation. Overall, while Family Solutions Inc demonstrates strong governance and financial practices, there may be room for improvement in program funding.

This AI summary has been generated from information found on Charity Navigator.

Family Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Solutions Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $267,509
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,430,450

For more financial information, click here

Official website here: www.family-solutions.net