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FAMILY SCHOLAR HOUSE INC

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Public IRS 990 nonprofit record

FAMILY SCHOLAR HOUSE INC

EIN 61-1285124 · Low-Income & Subsidized Rental Housing (L21)

What they do

THE MISSION of FAMILY SCHOLAR HOUSE ("FSH") 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. FSH 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. FSH 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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $92.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.53%of revenue went to mission work92.7% of expenses · Program services
2.40%of revenue went to fundraising3.0% of expenses
3.45%of revenue went to management and office costs4.3% of expenses

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,792,391
Mission workProgram services$6,552,67474.53% of revenue92.7% of expenses
ManagementOffice and general costs$303,2223.45% of revenue4.3% of expenses
FundraisingAsking for donations$211,3482.40% of revenue3.0% of expenses
Revenue left after expensesReported annual surplus$1,725,14719.62% of revenueShown in gray on the chart
Total expenses$7,067,24480.38% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 92.7% mission · 4.3% management · 3.0% fundraisingTotal expenses: 80.38% of revenue
2023Expense mix: 93.5% mission · 3.7% management · 2.8% fundraisingTotal expenses: 97.42% of revenue
2022Expense mix: 92.7% mission · 5.5% management · 1.9% fundraisingTotal expenses: 91.26% of revenue
2021Expense mix: 94.6% mission · 3.5% management · 2.0% fundraisingTotal expenses: 76.35% of revenue
2020Expense mix: 93.3% mission · 4.1% management · 2.6% fundraisingTotal expenses: 83.78% of revenue
2019Expense mix: 90.5% mission · 5.8% management · 3.7% fundraisingTotal expenses: 85.26% of revenue
2018Expense mix: 89.1% mission · 7.0% management · 3.9% fundraisingTotal expenses: 66.53% of revenue
2017Expense mix: 87.8% mission · 8.4% management · 3.8% fundraisingTotal expenses: 60.63% of revenue
See all reported dollar amounts
Assets$499,050
Contributions$735,479
Mission work (program services)$6,552,674
Fundraising$211,348
Executive compensation (total)$305,218
Stocks and bonds$92,488
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

ADAM HALLPAST CHAIR

CATHE DYKSTRAPRESIDENT &

JANINE HOGANBOARD MEMBER

JEREMY FRANKFORTHERVICE CHAIR

JOI CROSBYSECRETARY/TR

TRACY REDMONCHAIR

About this charity

Recognized since
January 1996
Location
403 REG SMITH CIR, LOUISVILLE, KY 40208-2746
County
Jefferson
In care of
% THE ORGANIZATION
Primary officer
CATHE DYKSTRA, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MILLER MAYER SULLIVAN & STEVENS LLP
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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