2026-08-25T13:08:54-05:00 2025-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2025-01-01 461418469 FAMILY INC FAMI 5026574402 403 REG SMITH CIRCLE LOUISVILLE KY 40208 CATHE DYKSTRA CEO 5026574402 2026-08-25 1 ABIGAIL HEDGES CPA P02058156 3177456411 2026-08-25 2025 2025-03-06 01:10:19Z CATHE DYKSTRA 403 REG SMITH CIRCLE LOUISVILLE KY 40208 133132886 0 X WWW.FAMILYSCHOLARHOUSE.ORG X 1995 KY TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFELONG SELF-SUFFICIENCY. 13 13 432 1322 0 0 10566405 130021055 643056 2162480 122518 218445 -30987 411057 11300992 132813037 222309 291966 0 0 6247114 6105366 0 0 319721 2320146 3676150 8789569 10073482 2511423 122739555 33100458 171473596 12463240 25321396 20637218 146152200 X THE MISSION OF FAMILY INC IS TO END THE CYCLE OF POVERTY BY GIVING SINGLE PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FAMILY INC WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF-SUFFICIENCY. FAMILY INC BELIEVES THAT EVERYONE DESERVES THE OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AND THAT ACCESS TO EDUCATION IS A SIGNIFICANT BARRIER FOR DISADVANTAGED FAMILIES. BY PROVIDING ACADEMIC ADVISING, APPRENTICESHIP OPPORTUNITIES, HOUSING, CHILDCARE, FAMILY SUPPORT SERVICES, AND INTER-GENERATIONAL LEARNING OPPORTUNITIES FOR HEALTH, WELL-BEING AND LIFE SKILLS, WE HELP TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. 0 0 9315474 291966 2244026 FAMILY INC WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFELONG SELF-SUFFICIENCY. FAMILY INC GIVES SINGLE PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FAMILY INC BELIEVES THAT EVERYONE DESERVES THE OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AND THAT ACCESS TO EDUCATION IS A SIGNIFICANT BARRIER FOR DISADVANTAGED FAMILIES. BY PROVIDING ACADEMIC ADVISING, APPRENTICESHIP OPPORTUNITIES, HOUSING, CHILDCARE, FAMILY SUPPORT SERVICES, AND INTER-GENERATIONAL LEARNING OPPORTUNITIES FOR HEALTH, WELL-BEING AND LIFE SKILLS, FAMILY INC HELPS TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. MANY OF THE PARTICIPANTS COME TO FAMILY INC LACKING SOME OF THE BASIC LIFE SKILLS NECESSARY FOR THEM TO BE SELF-SUFFICIENT, INCLUDING FINANCIAL LITERACY, HEALTHY LIFESTYLES, STRESS MANAGEMENT, AND PHYSICAL FITNESS. WHILE THE PARENT-SCHOLAR IS AT THE CENTER OF MANY PROGRAMS, FAMILY INC ALSO SUPPORTS THE CHILDREN IN OUR PROGRAM, WHO RECEIVE THE SUPPORT AND RESOURCES THEY NEED TO BECOME SUCCESSFUL STUDENTS AND ASPIRE TO PROCEED TO HIGHER EDUCATION IN THEIR ADULT LIFE. THIS INCLUDES PROGRAMS LIKE TODDLER BOOK CLUB, CHILDREN FOR CHANGE, AND CAREER ACADEMY. FAMILY INC CREATES A COLLEGE-GOING CULTURE FOR EVERY PARTICIPANT IN THE PROGRAM. FAMILY INC CAMPUSES BECOME COMMUNITIES OF PEER SUPPORT, PROVIDING A NETWORK OF PEOPLE WITH SIMILAR BACKGROUNDS AND EXPERIENCES WHO STRENGTHEN AND ENCOURAGE ONE ANOTHER THROUGH THE CHALLENGES OF HIGHER EDUCATION AND PARENTING. THUS FAMILY INC IS AN EDUCATIONAL PROGRAM WITH A HOUSING COMPONENT THAT UTILIZES INTERNAL RESOURCES AND COMMUNITY COLLABORATIONS TO MEET THE NEEDS OF THE FAMILIES SERVED. 9315474 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 23 0 432 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 KY X X THE ORGANIZATION 5026574402 403 REG SMITH CIRCLE LOUISVILLE KY 40208 CATHE DYKSTRA CEO 40.00 X 605568 0 22783 BRANDIE BRYAN CFO 40.00 X 179714 0 13113 SARAH BRADY PRESIDENT OF FSH WORKS 40.00 X 154520 0 14465 KATE BRACKETT COO 40.00 X 123948 0 18612 KRISTIE ADAMS CHIEF LEARNING OFFICER 40.00 X 117611 0 13948 ADAM HALL CHAIR 1.00 X X 0 0 0 MELINDA SUNDERLAND JD VICE-CHAIR 1.00 X X 0 0 0 ELIZABETH CASSADY PHD SECRETARY 1.00 X X 0 0 0 TRACY REDMON CFP TREASURER 1.00 X X 0 0 0 ERICA BOVARD BOARD MEMBER 1.00 X 0 0 0 SOUHILA EL MOUSSAOUI BOARD MEMBER 1.00 X 0 0 0 ANGIE M MCDONALD BOARD MEMBER 1.00 X 0 0 0 KRISTIN PICKERELL DNP RN NE-BC CP BOARD MEMBER 1.00 X 0 0 0 JENNIFER POWELL BOARD MEMBER 1.00 X 0 0 0 COREY ROBINSON BOARD MEMBER 1.00 X 0 0 0 TALLEY RUSSELL BOARD MEMBER 1.00 X 0 0 0 JULIE SAFLEY BOARD MEMBER 1.00 X 0 0 0 JENNY SAWYER BOARD MEMBER 1.00 X 0 0 0 RENEAU WAGGONER EDD BOARD MEMBER 1.00 X 0 0 0 1181361 0 82921 5 0 1 0 PROXIMITY MATTERS LLC 16 ANCHORAGE POINTE LOUISVILLE KY 40223 GRANT CONSULTANT 233333 1 187741 8300719 121532595 119696543 130021055 RENTAL INCOME 531110 1100353 1100353 DEVELOPMENT FEE 531390 635346 635346 PROJECT SERVICES 900099 223489 223489 TENANT CHARGES 531110 203292 203292 2162480 218445 218445 649360 187741 319849 329511 329511 MISCELLANEOUS INCOME 900099 81546 81546 81546 132813037 2244026 0 547956 291966 291966 1132724 1077993 26377 28354 4336110 4148148 78973 108989 32684 29527 1436 1721 203667 178217 20678 4772 400181 377744 14593 7844 751148 726498 24650 30932 12562 17039 1331 66370 55620 5375 5375 53446 4694 48752 86641 76200 8566 1875 154752 128023 19390 7339 282867 252093 27458 3316 799982 794999 4983 157823 143270 11368 3185 30763 18354 12409 127663 127663 819174 733607 85567 157522 126311 30673 538 SUPPLIES 135082 135082 BAD DEBT 21985 11985 10000 10073482 9315474 438287 319721 415079 9006894 2940168 775830 1391905 151627 808871 1513622 1556154 148247 138411 47858625 11130979 15685058 36727646 126494 149296 2220074 4443423 13728 3472612 122888915 33100458 171473596 1123031 1352169 511790 20958 7455999 20620815 3372420 3327454 12463240 25321396 X 14289958 19218600 6347260 126933600 20637218 146152200 33100458 171473596 X 122739555 17651 2757776 X X 0 1 X 1 1 1 X 10566405 10459594 21025999 10566405 10459594 21025999 21025999 121043 216409 337452 81546 81546 21444997 2377515 0.98050 0.98200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 53446 53446 10024730 10078176 653909 163477 0 0 589478 653909 1243387 1865081 21520 53446 74966 147370 163477 310847 466271 0 SCHEDULE C, PART II-A 2024 WAS THE ORGANIZATION'S FIRST YEAR FOR LOBBYING EXPENSES. 1584308 1584308 23067001 9903121 13163880 450676 34120 416556 1336832 1072324 264508 21419808 121414 21298394 36727646 FINANCE LEASE - RIGHT-OF-USE ASSET 3327454 HISTORICAL PHOTOS/NEGATIVES 119561461 122888915 FINANCE LEASE - RIGHT-OF-USE LIABILITY 3327454 3327454 X PART X, LINE 2: FAMILY IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THESE FINANCIAL STATEMENTS. FAMILY IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIED FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE FAMILY TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. FAMILY IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. FAMILY'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, WHICH TOTAL $0 AS DECEMBER 31, 2025 AND 2024. FAMILY'S FEDERAL AND STATE INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. WINE WOMEN AND SHOES 536934 187741 349193 1500 83248 16765 218336 536934 187741 349193 1500 83248 16765 218336 319849 29344 1 BASIC NEEDS 348 291966 PART I, LINE 2: ALL GRANT FUNDS RECEIVED BY FAMILY INC ARE MANAGED ACCORDING TO THE TERMS AND RESTRICTIONS OUTLINED BY THE GRANTORS, INCLUDING PROGRAM COMPLIANCE AND OUTCOMES, SPENDING, AND REPORTING. THE CHIEF OPERATING OFFICER IS RESPONSIBLE FOR MONITORING AND IMPLEMENTING ALL PROGRAM COMPLIANCE AND OUTCOMES MEASUREMENT TO ENSURE THEY MEET THE RESTRICTIONS AND TERMS OF THE GRANT AWARD. THE PHILANTHROPY COORDINATOR IS RESPONSIBLE FOR ALLOCATING LINE-ITEM EXPENSES TO ALL RESTRICTED GRANTS AND MAINTAINING ALL RESTRICTED GRANT FILES INCLUDING AGREEMENTS, REPORTS, INVOICES, AND SPENDING DOCUMENTATION. THE EXTERNAL BOOKKEEPING SERVICE POSTS ALL RESTRICTED GRANT SPENDING INTO THE ACCOUNTING SYSTEM, MAINTAINING REMAINING BALANCES FOR ALL OPEN RESTRICTED GRANTS RECEIVED. THE DIRECTOR OF BUSINESS OPERATIONS IS RESPONSIBLE FOR ALL REQUIRED GRANT REPORTING, SPENDING OVERSIGHT,SUPERVISION OF THE ACTIVITIES OF THE DONOR RELATIONS SPECIALIST, AND LIAISING WITH THE EXTERNAL BOOKKEEPING SERVICE. X X 0 0 0 0 0 0 0 0 0 CATHE DYKSTRA CEO 605568 0 0 0 0 0 14000 0 8783 0 628351 0 0 0 BRANDIE BRYAN CFO 179714 0 0 0 0 0 3369 0 9744 0 192827 0 0 0 SARAH BRADY PRESIDENT OF FSH WORKS 154520 0 0 0 0 0 6250 0 8215 0 168985 0 0 0 X 1 119561461 APPRAISED VALUE X AUCTION ITEMS 89 135082 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE, INCLUDING THE BOARD TREASURER. RECOMMENDATIONS ARE THEN MADE TO THE EXECUTIVE COMMITTEE FOR ACTION. THE 990 IS THEN SIGNED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER COMPLETES A CONFLICT OF INTEREST FORM ANNUALLY. THE FORMS ARE THEN REVIEWED BY THE BOARD GOVERNANCE COMMITTEE AND ANY CHANGES THAT ARE RECOMMENDED ARE REFERRED TO THE EXECUTIVE COMMITTEE AND/OR FULL BOARD FOR ACTION. ALL EMPLOYEES OF FAMILY INC MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST INCLUDING PERSONAL OR FINANCIAL INTEREST THAT MAY INFLUENCE THEIR JOB DUTIES. POTENTIAL CONFLICTS ARE TO BE REPORTED IMMEDIATELY TO THEIR DIRECT SUPERVISOR IN WRITING FOR REVIEW AND CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, USE OF DATA AS TO COMPARABLE COMPENSATION, AND CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS - DSH 2,757,776. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. FORM 990, PART XI, LINE 9 DOWNTOWN SCHOLAR HOUSE BECAME A WHOLLY OWNED SUBSIDIARY OF FAMILY, INC. AS OF JANUARY 1, 2025. 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