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Nonprofit · EIN 22-2285850

FAMILY RESOURCE ASSOCIATES INC

Tax-exempt · RED BANK, NJ 07701

Financials

$2.9M$2.6M2022$3.2M$3.1M2023$3.2M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of FAMILY RESOURCE ASSOCIATES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,240,937$3,311,790-$70,853$3,731,388$60,233$3,671,155
June 30, 2024990$3,170,143$3,091,893$78,250$3,818,332$76,324$3,742,008
June 30, 2023990$2,894,782$2,644,899$249,883$3,782,060$118,302$3,663,758
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,723,317
Program service revenue
$1,360,662
Investment income
$63,626
Net income from fundraising events
$93,332
Other revenue
$93,332

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$95,412
Other salaries and wages
$2,373,449
Salaries, compensation and benefits (total)
$2,762,551
Professional fundraising fees
$0
Occupancy
$29,400
Depreciation
$83,262
Program services (functional)
$3,057,377
Management and general (functional)
$223,121
Fundraising (functional)
$31,292

Balance sheet and other

Total assets, start of year
$3,818,332
Total assets, end of year
$3,731,388
Total liabilities, end of year
$60,233
Net assets, end of year
$3,671,155
Land, buildings and equipment
$2,122,798
Net assets without donor restrictions
$3,589,590
Net assets with donor restrictions
$81,565
Gross receipts
$3,280,388
Employees
101
Volunteers
130
Year formed
1979
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Nancy PhalanukornExecutive director40$95,412
John FeeneyTreasurer
Trustee or director, Officer
2$0
Michael BellPresident
Trustee or director, Officer
2$0
Nicole BerzinskisTrustee
Trustee or director
2$0
Tom DiClementeSecretary
Trustee or director, Officer
2$0
Beth SarfatyTrustee
Trustee or director
2$0
William SpechtTrustee
Trustee or director
2$0
Danielle GaiborVice President
Trustee or director, Officer
2$0
Judy FullerTrustee
Trustee or director
2$0
William SheeserPast President
Trustee or director
2$0
Christopher CurciaPast President
Trustee or director
2$0
Juliet GossettTrustee
Trustee or director
2$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
Nancy PhalanukornExecutive director40$105,151
Allan ProskePast President
Trustee or director
2$0
John FeeneyTreasurer
Trustee or director, Officer
2$0
Michael BellPresident
Trustee or director, Officer
2$0
Nicole BerzinskisTrustee
Trustee or director
2$0
Tom DiClementeSecretary
Trustee or director, Officer
2$0
Beth SarfatyTrustee
Trustee or director
2$0
William SpechtTrustee
Trustee or director
2$0
Danielle GaiborVice President
Trustee or director, Officer
2$0
Judy FullerTrustee
Trustee or director
2$0
William SheeserPast President
Trustee or director
2$0
Stephen SaboTrustee
Trustee or director
2$0
Christopher CurciaPast President
Trustee or director
2$0
Juliet GossettTrustee
Trustee or director
2$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensation
Nancy PhalanukornExecutive director40$100,422
Nancy PhalanukornExecutive Director40$100,422
Allan ProskePast President
Trustee or director, Officer
2$0
John FeeneyTreasurer
Trustee or director, Officer
2$0
Michael BellVice President
Trustee or director, Officer
2$0
Nicole BerzinskisTrustee
Trustee or director
2$0
Tom DiClementeSecretary
Trustee or director, Officer
2$0
Beth SarfatyTrustee
Trustee or director
2$0
William SpechtTrustee
Trustee or director
2$0
Danielle GaiborTrustee
Trustee or director
2$0
Judy FullerTrustee
Trustee or director
2$0
William SheeserPast President
Trustee or director, Officer
2$0
Stephen SaboTrustee
Trustee or director
2$0
Christopher CurciaPresident
Trustee or director, Officer
2$0
Juliet GossettTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
210 NEWMAN SPRINGS RD E, RED BANK, NJ 07701-1439
In care of
% NANCY PHALANUKORN
Principal officer (990 for 2024)
John Feeney, 210 Newman Springs Road East, Red Bank, NJ 07701
Signed the 990
John Feeney, Treasurer
Phone
(732) 747-5310
Return prepared by
Donna Foxman CPA

Mission

Family Resource Associates'(FRA) mission helps families and individuals dealing with a broad spectrum of disabilities by providing lifelong skills and support that enable them to reach their fullest potential.

990 for the year ended June 30, 2025

Program accomplishments

  • Infant Intervention Program - weekly services to infants born with developmental disabilities, who are birth to three years old. Our dedicated team of highly qualified professionals including: speech and occupational therapists, educators, social workers, and behaviorists, collaborate with families and care-givers to support each child's development. Children with autism, Down syndrome, cerebral palsy, prematurity, hearing or vision impairments and speech delays receive specialized care to help them grow and learn.Sibling and parent support groups are an integral part of our program. Services are provided in the home to over 200 infants.
    Expenses $1,119,042
  • EmployAbility services empower individuals to overcome employment challenges to secure and maintain meaningful work. FRA is very proud to have over 85% of those referred successfully secure jobs in the community. Our two Project SEARCH internship programs offer intensive employment internships in both Monmouth and Ocean counties. Both have been recognized nationally for attaining excellent employment outcomes. Our monthly Job Club supports both employed and job-seeking individuals, featuring strong attendance and engaging guest speakers who share valuable career insights, strategic advice,and skill-building tips. A dedicated team also provides Social Security Benefits Counseling to enhance individuals' potential for achieving greater self-reliance through employment.
    Expenses $1,066,063
  • TECHConnection/Forward Futures - operates as a public assistive technology computer center, serving individuals of all ages, from infancy to older adulthood, who have developmental or acquired disabilities as a result of birth defects, accident, illness, injury or aging. However, as technology has become more widely available and accessible, the demand for these services has decreased compared to previous years.In its place the new Forward Futures adult day program services were initiated January 1, 2025. Over 150 adults attend during the week attending at various times/days.This is a growing program.
    Expenses $872,272
  • FRA (Family Resource Associates, Inc.) As we mark our 46th year we remain dedicated to creating new "Possibilities for people with disAbilities". Through specialized therapies, education, family support, employment opportunities, and advanced technology, we help individuals gain greater independence. FRA serves a broad range of individuals with various disabilities, providing opportunities to reach their fullest potential and foster greater inclusion within the community.We are thankful for the strength and involvement of our Board and committee members who have continued to function effectively to ensure the ongoing operations and growth of FRA and all its programs. Their active involvement with fundraising and development is vital to our programs. Our loyal base of supporters maintains a stable financial foundation to match our determination to serve our community, as new funding sources are explored to sustain our relevant and impactful services.The FRA program directors have shown remarkable adaptability and responsiveness, maintaining high-quality programing despite ongoing staff shortages and shifting policies from various state departments. We continue to navigate changes, balancing the contributions of long-term employees while integrating new members into our skilled and highly qualified professional team. Fortunately, the stability of our office professionals, who have an average tenure of 13 years with FRA, provide stability and effectively guide FRA through periods of growth and transition. Their extensive experience and ability to embrace new methods and systems ensure that FRA remains resilient and well-managed.The need for unique services for adults with intellectual/developmental disabilities is apparent as all remain at home and are fully integrated in the school community. Finding a path forward as an adult, however, is far more daunting. FRA seeks to break down obstacles and to create relevant services for today's young adults. Vital to this is our willingness to adapt to the changing needs, interests, and lifestyles of this population by offering effective, engaging, and meaningful services. Therefore,our focus has offered individual therapies, prevocational training and the inclusion of technology in their daily lives. Services are offered at our facilities in Red Bank and Brick, NJ and weekly wellness classes such as yoga, dance, and karate are also available.Creating a new path forward for adult services saw the opening of a new program: Forward Futures - an adult program giving each person a chance to participate in different activities including community outings. Two new vans were purchased, allowing us to move freely around the countyOver 130 exceptional volunteers typically assist in meeting the mission of FRA and our ongoing needs. Their resources provide significant committee work, assist in group services, office support, fundraising events and as operational support. Over 1,500 hours were given this year as a result.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2285850
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,731,388
Income (IRS master file)
$3,280,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,240,937$3,311,790$3,731,388XML
990June 2024$3,170,143$3,091,893$3,818,332IRS
990June 2023$2,894,782$2,644,899$3,782,060XML
990June 2022$2,898,148$2,278,396$3,428,643IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2285850).

Questions about FAMILY RESOURCE ASSOCIATES INC

What is the EIN of FAMILY RESOURCE ASSOCIATES INC?
The employer identification number (EIN) of FAMILY RESOURCE ASSOCIATES INC is 22-2285850.
Is FAMILY RESOURCE ASSOCIATES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to FAMILY RESOURCE ASSOCIATES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAMILY RESOURCE ASSOCIATES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FAMILY RESOURCE ASSOCIATES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAMILY RESOURCE ASSOCIATES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FAMILY RESOURCE ASSOCIATES INC?
The 990 for the year ended June 30, 2025 names John Feeney.
Who are the officers and directors of FAMILY RESOURCE ASSOCIATES INC?
The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $95,412 (Nancy Phalanukorn, Executive director).
How much revenue does FAMILY RESOURCE ASSOCIATES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,240,937, expenses of $3,311,790 and total assets of $3,731,388 at year end.

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