Family Enrichment Network Inc
- Assets
- $12.2m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 362
- Location
- Johnson City, NY
- Founding
- 04/1980
- Data as of
- 10/2023
- EIN
- 16-1113373
Organization Overview
Family Enrichment Network Inc is located in Johnson City, NY. The organization was established in 1980. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 10/2023, Family Enrichment Network Inc employed 362 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Enrichment Network 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 10/2023, Family Enrichment Network Inc generated $12.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $11.4m during the year ending 10/2023. While expenses have increased by 3.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PLANNING, COORDINATING AND IMPLEMENTING CHILD DEVELOPMENT AND CHILD SERVICES ON BEHALF OF CHILDREN AND THEIR FAMILIES IN BROOME COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.
CHILD CARE RESOURCE AND REFERRAL (CCR&R)UNIVERSAL PRE-KINDERGARTENCHILD DAY CAREFATHERHOODFAMILY SERVICESHHAP
EARLY HEAD START - PROVIDES COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT SERVICES TO ECONOMICALLY DISADVANTAGED PRESCHOOL CHILDREN, CHILDREN WITH DISABILITIES, AND THEIR FAMILIES.
THE CHILD AND ADULT CARE FOOD PROGRAM PROVIDES NUTRITIONAL TRAINING AND REIMBURSEMENT OF FOOD COSTS TO REGISTERED/LICENSED FAMILY CHILDCARE PROVIDERS SERVICE U.S. DEPARTMENT OF AGRICULTURE APPROVED MEANS TO CHILDREN IN THEIR CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Aurelio Board Member | Trustee | 2 | $0 |
Wilbert Midyette Treasurer | OfficerTrustee | 2 | $0 |
Fred Meagher Secretary | OfficerTrustee | 2 | $0 |
Pamela Swarts Board Member | Trustee | 2 | $0 |
Brian Teta Vice Chair | OfficerTrustee | 2 | $0 |
Jackie Watson Chairperson | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,944,147 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,002,269 |
| Total Program Service Revenue | $1,389,749 |
| Investment income | $1,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,105 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,533,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $721,014 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $275,793 |
| Compensation of current officers, directors, key employees. | $275,793 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,768,627 |
| Pension plan accruals and contributions | $40,173 |
| Other employee benefits | $785,656 |
| Payroll taxes | $623,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,211 |
| Fees for services: Accounting | $60,586 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $202,320 |
| Advertising and promotion | $69,664 |
| Office expenses | $65,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $338,982 |
| Travel | $165,599 |
| 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 | $378,596 |
| Insurance | $84,133 |
| All other expenses | -$134,029 |
| Total functional expenses | $11,429,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,469,949 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,659,573 |
| Accounts receivable, net | $126,256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,300 |
| Prepaid expenses and deferred charges | $23,580 |
| Net Land, buildings, and equipment | $7,903,182 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,249 |
| Other assets | $52,325 |
| Total assets | $12,245,414 |
| Accounts payable and accrued expenses | $289,890 |
| Grants payable | $0 |
| Deferred revenue | $125,528 |
| 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 | $471,326 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,473,829 |
| Total liabilities | $3,360,573 |
| Net assets without donor restrictions | $8,884,841 |
| Net assets with donor restrictions | $0 |
| 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 | $12,245,414 |