Family Care Foundation / FCF

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/25/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Organization has been issued a Donor Alert and is under Review


Family Care Foundation ("FCF") states that it works as a human service agency. It serves as an umbrella organization for projects overseas and asserting it is for communities, families, and children.


Contact information

Mailing address:
10174 Austin Drive #1039
Spring Valley, CA 91979

Website: www.familycare.org

Phone: (800) 992-2383

Email: info@familycare.org


Organization details

EIN: 330734917

CEO/President: Dr. Christine Mlot

Chairman:

Board size: 5

Founder: Grant Montgomery, Lawrence Corley, Christine Mlot

Year founded: 1997

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Organization has been issued a Donor Alert and is under Review


Family Care Foundation ("FCF") states that it works as a human service agency. It serves as an umbrella organization for projects overseas and asserting it is for communities, families, and children.


Mission statement

Family Care Foundation describes it mission as follows:

The Mission of the San Diego-based Family Care Foundation is to implement a two-fold plan for the betterment of the global community,

1.) To enhance the quality of life for all members of the community, especially the poor, suffering, or disadvantaged.

2.) To invest in today's children - the leaders of tomorrow - through knowledge and character-building guidance for them, their parents, and their community.

Our mission gives witness to our Christian beliefs and message of love and hope.

Family Care Foundation strives to respond to all people in need regardless of race, religion, national origin or social position. We cooperate with people and organizations from all cultural, religious and ethnic backgrounds in our efforts to bring relief and hope to those in need. We welcome the cooperation and assistance from like-minded individuals, businesses and organizations in helping the poor and disadvantaged.

The world's most precious, yet vulnerable, resource is its children. What children become, and the future society they create, largely depends on what children learn in the present. Children flourish when nurtured in a peaceful, stable environment, with loving, caring parents and communities who teach them positive values. Thus we strive to provide the conditions, training and resources needed to help children grow mentally, physically and spiritually in those values that assure a fruitful and happy life.


Statement of faith

FCF has not communicated a Statement of Faith. At such time as they do it will be posted.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating878 of 91368 of 75
Fund acquisition rating896 of 91574 of 75
Resource allocation rating875 of 91574 of 75
Asset utilization rating576 of 91344 of 75

Click here to read Family Care Foundation / FCF's response to our ratings


Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%22%21%15%18%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%21%21%15%12%25%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%94%103%96%67%103%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%18%13%12%14%18%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%6%-3%4%33%-3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%69%76%76%81%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%115%169%119%87%137%
Program output ratio Program output ratio =
Program services /
Total revenue
83%80%128%90%71%100%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-15%-69%-19%13%-37%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%-17%-65%-16%16%-35%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%12%11%12%5%9%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.721.241.590.971.061.27
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.301.011.001.001.001.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.751.251.600.971.072.15
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.49107.82139.02122.85112.5549.95
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.010.010.010.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.219.537.4512.3111.155.46
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%1%1%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
48%80%62%103%93%78%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$422,223$398,549$651,749$795,875$294,744
Receivables, inventories, prepaids$11,200$3,605$22,645$27,724$22,326
Short-term investments$0$102,896$164,069$144,076$166,189
Other current assets$0$0$0$0$0
Total current assets$433,423$505,050$838,463$967,675$483,259
Long-term investments$0$0$0$0$0
Fixed assets$2,303$1,955$417$1,242$334,046
Other long-term assets$0$0$0$1,500$1,500
Total long-term assets$2,303$1,955$417$2,742$335,546
Total assets$435,726$507,005$838,880$970,417$818,805
 
Liabilities20192018201720162015
Payables and accrued expenses$4,020$3,633$6,825$8,598$9,675
Other current liabilities$0$0$0$0$0
Total current liabilities$4,020$3,633$6,825$8,598$9,675
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$4,020$3,633$6,825$8,598$9,675
 
Net assets20192018201720162015
Without donor restrictions$39,241$68,733$243,041$493,909$397,732
With donor restrictions$392,465$434,639$589,014$467,910$411,398
Net assets$431,706$503,372$832,055$961,819$809,130
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$438,886$490,842$654,534$792,355$784,578
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$30,109($12,088)$26,695$392,832($46,921)
Other revenue$0$0$0$0$20,881
Total other revenue$30,109($12,088)$26,695$392,832($26,040)
Total revenue$468,995$478,754$681,229$1,185,187$758,538
 
Expenses20192018201720162015
Program services$375,701$614,886$612,610$839,243$757,689
Management and general$66,291$90,227$97,359$52,059$94,775
Fundraising$98,669$102,324$101,024$141,196$187,526
Total expenses$540,661$807,437$810,993$1,032,498$1,039,990
 
Change in net assets20192018201720162015
Surplus (deficit)($71,666)($328,683)($129,764)$152,689($281,452)
Other changes in net assets$0$0$0$0$0
Total change in net assets($71,666)($328,683)($129,764)$152,689($281,452)

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

To comment on our Asset Utilization, our strategic plan for the years 2001-2006 includes an important emphasis on increasing long term investments and developing an endowment. A decision was reached early in our history that the focus of our first five years of operation should be on developing our global network of grassroots projects in the field -- "Prepare thy work without, and make it fit for thyself in the field; and afterwards build thine house." (Pro. 24:27)

Our goals in this area have been exceeded. Our global relief and development network now spans 50 countries. As we continue our work to strengthen and build the capacity of these grass roots entities, helping them to grow and become more effective in the servcies they provide, we will also focus on strengthening our asset base and future operations.

We will also continue to put a priority on keeping overhead costs low and emphasize people and project focused resource allocations.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/25/2021. To update the information below, please email: info@ministrywatch.com


History

Family Care Foundation was founded at the beginning of 1997.


Program accomplishments


Needs