Families And Work Institute Inc
- Assets
- $545.1k
- Revenue
- $750.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Hillsborough, NJ
- Founding
- 04/1989
- Data as of
- 12/2022
- EIN
- 13-3500642
Organization Overview
Families And Work Institute Inc is located in Hillsborough, NJ. The organization was established in 1989. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Families And Work Institute Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Families And Work Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Families And Work Institute Inc generated $750.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $228.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (51.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FAMILIES AND WORK INSTITUTE (FWI) IS A NON-PROFIT RESEARCH ORGANIZATION THAT STUDIES THE CHANGING WORKFORCE, FAMILY AND COMMUNITY. AS A PREEMINENT THINK TANK, FWI IS KNOWN FOR BEING AHEAD OF THE CURVE, IDENTIFYING EMERGING ISSUES, AND THEN CONDUCTING RIGOROUS RESEARCH THAT OFTEN CHALLENGES COMMON WISDOM, PROVIDES INSIGHT AND KNOWLEDGE AND INSPIRES CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD, FAMILY AND COMMUNITY PROGRAMS - THE INSTITUTE'S WORK INCLUDES A LONG COMMITMENT TO FOCUS ON EARLY LEARNING AND THE IMPLICATIONS OF WHAT WE KNOW ABOUT EARLY LEARNING FOR TEACHER AND CLASSROOM QUALITY AND EARLY CHILDHOOD SYSTEM DESIGN. THE INSTITUTE ALSO FOCUSES ON THE DEVELOPMENT OF BROAD SCALE COMMUNICATIONS CAMPAIGNS TO SHARE EARLY LEARNING RESEARCH WITH A WIDE RANGE OF PUBLIC AND PRIVATE SECTOR AUDIENCES.
WORK LIFE PROGRAMS - THE INSTITUTE IS DEDICATED TO PROVIDING OBJECTIVE INFORMATION ON CHANGES IN THE WORKFORCE AND WORKPLACE IN ORDER TO INFORM DECISION MAKERS IN GOVERNMENT, BUSINESS, COMMUNITIES AND FAMILIES. TOWARD THAT END, THE INSTITUTE CONDUCTS ITS OWN NATIONALLY REPRESENTATIVE RESEARCH STUDIES, AS WELL AS STUDIES OF EMPLOYEES OF LEADING COMPANIES GLOBALLY. THERE WAS NO ACTIVITY FOR THIS PROGRAM IN 2022 BUT THE INSTITUTE EXPECTS THERE TO BE ACTIVITY IN2023.
OUTREACH PROGRAMS - THE INSTITUTE CREATED ITS OUTREACH PROGRAMS TO PROVIDE DETAILED AND CUSTOMIZED PRESENTATIONS, AS WELL AS PUBLICATIONS AND MATERIALS PRODUCED OUT OF OUR RESEARCH FINDINGS, FOR ALL TYPES OF AUDIENCES, INCLUDING EMPLOYERS, EMPLOYEES, ACADEMIC INSTITUTIONS, BUSINESSES, CHILD CAREGIVERS, COMMUNITY GROUPS AND PARENTS. THERE WAS NO ACTIVITY FOR THIS PROGRAM IN 2022 BUT THE INSTITUTE EXPECTS THERE TO BE ACTIVITY IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine A Morena Board Member | Trustee | 1 | $0 |
Deborah Dagit Board Member | Trustee | 1 | $0 |
Ellen Galinsky President And Board Member | OfficerTrustee | 32 | $73,533 |
Ellen R Marram Board Member | Trustee | 1 | $0 |
Jt Ted Childs Jr Board Member | Trustee | 1 | $0 |
Judy Woodruff Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Nielsen Company Consulting | 12/30/15 | $321,600 |
Mechanica Llc Consulting | 12/30/15 | $154,324 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $759,000 |
| Noncash contributions included in lines 1a–1f | $562,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $759,000 |
| Total Program Service Revenue | $14,211 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22,274 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $750,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,133 |
| Compensation of current officers, directors, key employees. | $6,168 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,559 |
| Payroll taxes | $13,637 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,750 |
| Fees for services: Accounting | $11,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,076 |
| Advertising and promotion | $0 |
| Office expenses | $6,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $938 |
| Travel | $2,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,831 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $228,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,425 |
| Savings and temporary cash investments | $440,226 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,141 |
| Net Land, buildings, and equipment | $1,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $545,090 |
| Accounts payable and accrued expenses | $18,889 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,889 |
| Net assets without donor restrictions | -$36,214 |
| Net assets with donor restrictions | $562,415 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $545,090 |