Families First-nc Inc
Only null% goes to programs Strong reserves Growing revenue
Families First-nc Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 1994, with $946,031 in FY2024 revenue. CharityIndex grades it C+.
1630 Statesville Blvd Ste B, Salisbury, NC, 28144 EIN 56-1844408 Since 1994
Revenue (FY2024)
$946K
▲ 38.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$793K
Net assets
$443K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Families First-nc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Families First-nc Inc: 7 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Families First-nc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Families First-nc Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1630 Statesville Blvd Ste B, Salisbury, NC, 28144
- City
- Salisbury
- State
- North Carolina
- Category
- Human Services
- Subcategory
- Children & Youth Services
Financial trends
Revenue grew from $443K (FY2013) to $946K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $42KNet assets $443K
Operating margin
16.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$485K
Total liabilities
$42K
Net assets
$443K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $946,031▲38.8% | $793,069▼2.4% | $443,109▲52.7% | $485,442▲44.4% | 990 |
| 2023 | $681,536▼13.5% | $812,184▲7.3% | $290,147▼31.0% | $336,132▼26.4% | 990 |
| 2022 | $788,298▼2.2% | $757,013▲3.2% | $420,795▲8.0% | $456,564▲7.5% | 990 |
| 2021 | $805,761▼4.4% | $733,567▼1.6% | $389,510▲22.8% | $424,679▼2.4% | 990 |
| 2020 | $843,118▲16.4% | $745,780▲0.2% | $317,316▲44.2% | $435,242▲65.5% | 990 |
| 2019 | $724,493▼13.4% | $744,120▼7.4% | $219,978▼8.2% | $263,027▼26.9% | 990 |
| 2018 | $836,543▲10.1% | $803,486▲9.5% | $239,605▲16.0% | $359,625▲8.0% | 990 |
| 2017 | $759,774▲12.5% | $733,665▲22.3% | $206,548▲14.5% | $332,927▲8.5% | 990 |
| 2016 | $675,348▲72.5% | $599,784▲46.0% | $180,439▲72.1% | $306,713▲161% | 990 |
| 2015 | $391,413▼3.0% | $410,688▲4.6% | $104,875▼15.5% | $117,530▼13.9% | 990 |
| 2014 | $403,627▼8.8% | $392,495▼6.0% | $124,150▲9.8% | $136,527▲8.4% | 990 |
| 2013 | $442,770 | $417,333▼20.3% | $113,018▲29.0% | $125,991▲16.8% | 990 |
| 2012 | — | $523,857 | $87,581 | $107,838 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $634K total
10 grants to Families First-nc Inc totaling $634K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $97,000 |
| Foundation For the Carolinas | Charitable gift | 2023 | $132,000 |
| Foundation For the Carolinas | Charitable gift | 2022 | $85,000 |
| Foundation For the Carolinas | Charitable gift | 2021 | $88,625 |
| Foundation For the Carolinas | Charitable gift | 2020 | $60,000 |
| Foundation For the Carolinas | Charitable gift | 2019 | $83,000 |
| Foundation For the Carolinas | Charitable gift | 2018 | $35,000 |
| Foundation For the Carolinas | Charitable gift | 2017 | $30,000 |
| National Association For the Exchange of Industrial Resources I | Care of ill, needy, or minor | 2016 | $13,597 |
| Foundation For the Carolinas | Charitable gift | 2016 | $10,000 |
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Frequently asked questions
- Is Families First-nc Inc a legitimate nonprofit?
- Yes. Families First-nc Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1844408, based in Salisbury, North Carolina. Donations are tax-deductible.
- What is Families First-nc Inc's EIN?
- Families First-nc Inc's Employer Identification Number (EIN) is 56-1844408.
- How much revenue does Families First-nc Inc report?
- Families First-nc Inc reported $946,031 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Families First-nc Inc have?
- CharityIndex grades Families First-nc Inc C+, based on financial health (reserves and operating margin).
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Explore more
Data for Families First-nc Inc (EIN 56-1844408) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.