Family Ark Inc
- Assets
- $3.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 79
- Location
- Jeffersonville, IN
- Founding
- 12/1973
- Data as of
- 12/2022
- EIN
- 35-1292608
Organization Overview
Family Ark Inc is located in Jeffersonville, IN. The organization was established in 1973. As of 12/2022, Family Ark Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Ark 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, Family Ark Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY ARK PROVIDES QUALITY HUMAN SERVICE PROGRAMS WHICH PROMOTE POSITIVE CHANGE IN LIVES OF CHILDREN AND FAMILIES IN THE COMMUNITIES SERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER CARE-FOSTER CARE SERVICES FOR CHILDREN WHO HAVE EXPERIENCED ABUSE, NEGLECT, OR OTHER TRAUMA.
ALL OTHER ACCOMPLISHMENT-OTHER OUTPATIENT AND SPECIALIZED TREATMENT PROGRAMS FOR CHILDREN AND FAMILIES
BEHAVIORAL HEALTH CENTER-THE BEHAVIORAL HEALTH CENTER PROVIDES COUNSELING, MEDICATION MANAGEMENT, SUBSTANCE ABUSE TREATMENT, AND DIAGNOSTIC SERVICES TO CHILDREN, ADOLESCENTS, AND ADULTS.
HOME BASED SERVICES-HOME BASED SERVICES HELPS PRESERVE, SUPPORT, AND STABILIZE FAMILIES IN CRISIS, WHILE HELPING TO CREATE HEALTHY NUTURING RELATIONSHIPS VIA CASE MANAGEMENT AND THERAPEUTIC SERVICES IN THE HOME SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanean Jacobs CEO | Officer | 40 | $121,064 |
Ann Carruthers Director | Trustee | $0 | |
Christopher Fox Director | Trustee | $0 | |
Serretta Brooke Gordon Director | Trustee | $0 | |
Kathy Gravely President | Officer | $0 | |
Shilese Stover Director | Trustee | $0 |
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 | $206,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,998 |
| Total Program Service Revenue | $2,874,819 |
| Investment income | $12,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,242 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,197,004 |
| 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. | $121,064 |
| Compensation of current officers, directors, key employees. | $121,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,136,957 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $190,444 |
| Payroll taxes | $170,419 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,479 |
| Fees for services: Other | $577,552 |
| Advertising and promotion | $7,040 |
| Office expenses | $40,207 |
| Information technology | $39,067 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,050 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,590 |
| Insurance | $70,329 |
| All other expenses | $0 |
| Total functional expenses | $3,469,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,243 |
| Savings and temporary cash investments | $96,621 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $393,288 |
| 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 | $31,655 |
| Net Land, buildings, and equipment | $2,025,628 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $370,542 |
| Total assets | $2,961,977 |
| Accounts payable and accrued expenses | $155,151 |
| 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 | $879,351 |
| Other liabilities | $423,111 |
| Total liabilities | $1,457,613 |
| Net assets without donor restrictions | $1,504,364 |
| 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 | $2,961,977 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omni Youth Services Inc Buffalo Grove, IL | $5,940,341 | $8,760,292 |
Youth Bridge Inc Springfield, MO | $2,429,037 | $4,598,452 |
Indiana Youth Services Association Inc Indianapolis, IN | $2,027,502 | $5,168,191 |
Youth Network Council Chicago, IL | $1,696,704 | $4,400,162 |
Family Ark Inc Jeffersonville, IN | $2,961,977 | $3,197,004 |
Indiana Youth Group Inc Indianapolis, IN | $5,770,099 | $2,492,303 |
Youth Service Bureau Of Porter County Inc Valparaiso, IN | $1,873,868 | $1,242,001 |
Montgomery County Youth Services Bureau Inc Crawfordsville, IN | $1,500,755 | $797,720 |
Barrington Youth & Family Services Barrington, IL | $2,135,625 | $939,744 |
Youth Resources Of Southwestern Indiana Inc Evansville, IN | $784,823 | $409,116 |
Simple Room Greenville, IL | $935,650 | $181,658 |
Glencoe Youth Services A Corporation Glencoe, IL | $152,247 | $122,972 |
Wabash County Youth Foundation Mount Carmel, IL | $1,123,729 | $155,316 |
Winnebago County Children And Our Courts Foundation Incorporated Rockford, IL | $15,368 | $135,376 |