Family Care Foundation / FCF

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:
P.O. Box 1039
1373 Marron Valley Road, Dalzura CA 91917
Spring Valley, CA 91979-1979

Website: www.familycare.org

Phone: (619) 468-3191

Email: fcf@familycare.org


Organization details

EIN: 330734917

CEO/President: Mr. Grant Montgomery

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 rating580 of 62462 of 68
Fund acquisition rating608 of 62568 of 68
Resource allocation rating575 of 62567 of 68
Asset utilization rating321 of 62435 of 68

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


Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%21%15%18%24%26%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%21%15%12%25%25%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%103%96%67%103%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%13%12%14%18%23%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%-3%4%33%-3%1%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%76%76%81%73%67%
Spending ratio Spending ratio =
Total expenses /
Total revenue
100%169%119%87%137%108%
Program output ratio Program output ratio =
Program services /
Total revenue
85%128%90%71%100%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
0%-69%-19%13%-37%-8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
0%-65%-16%16%-35%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%11%12%5%9%10%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.771.590.971.061.270.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.001.001.001.691.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.771.600.971.072.151.15
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.40139.02122.85112.5549.95166.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.010.010.010.020.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.007.4512.3111.155.4610.37
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%1%1%1%1%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
41%62%103%93%78%128%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$398,549$651,749$795,875$294,744$525,579
Receivables, inventories, prepaids$3,605$22,645$27,724$22,326$26,593
Short-term investments$102,896$164,069$144,076$166,189$187,623
Other current assets$0$0$0$0$0
Total current assets$505,050$838,463$967,675$483,259$739,795
Long-term investments$0$0$0$0$0
Fixed assets$1,955$417$1,242$334,046$353,723
Other long-term assets$0$0$1,500$1,500$1,500
Total long-term assets$1,955$417$2,742$335,546$355,223
Total assets$507,005$838,880$970,417$818,805$1,095,018
 
Liabilities20182017201620152014
Payables and accrued expenses$3,633$6,825$8,598$9,675$4,436
Other current liabilities$0$0$0$0$0
Total current liabilities$3,633$6,825$8,598$9,675$4,436
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$3,633$6,825$8,598$9,675$4,436
 
Net assets20182017201620152014
Unrestricted$68,733$243,041$493,909$397,732$452,575
Temporarily restricted$434,639$589,014$467,910$411,398$638,007
Permanently restricted$0$0$0$0$0
Net assets$503,372$832,055$961,819$809,130$1,090,582
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$490,842$654,534$792,355$784,578$779,164
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($12,088)$26,695$392,832($46,921)($20,158)
Other revenue$0$0$0$20,881$25,860
Total other revenue($12,088)$26,695$392,832($26,040)$5,702
Total revenue$478,754$681,229$1,185,187$758,538$784,866
 
Expenses20182017201620152014
Program services$614,886$612,610$839,243$757,689$569,929
Management and general$90,227$97,359$52,059$94,775$82,490
Fundraising$102,324$101,024$141,196$187,526$198,873
Total expenses$807,437$810,993$1,032,498$1,039,990$851,292
 
Change in net assets20182017201620152014
Surplus (deficit)($328,683)($129,764)$152,689($281,452)($66,426)
Other changes in net assets$0$0$0$0$0
Total change in net assets($328,683)($129,764)$152,689($281,452)($66,426)

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.


History

Family Care Foundation was founded at the beginning of 1997.


Program accomplishments


Needs