GOLD2023

FEUSA Inc

Advocating For Family Businesses

aka Family Enterprise USA   |   Washington, DC   |  https://familyenterpriseusa.com
GuideStar Charity Check

FEUSA Inc

EIN: 26-1640637


Mission

FEUSA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. FEUSA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of FEUSA.

Ruling year info

2008

President

Pat Soldano

Main address

712 H Street NE Suite 1330

Washington, DC 20002 USA

Show more contact info

EIN

26-1640637

Subject area info

Family services

Population served info

Adults

Families

Ethnic and racial groups

NTEE code info

Family Services (P40)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Advocating For Family Businesses

Family Enterprise USA understands family firms and is working to share your story and be your voice in Washington D.C. Family foundations can donate. FEUSA is respected and relied upon to be the voice for family business in Washington DC. FEUSA members meet with legislators in Washington D.C., to present information on the organization’s latest work and current research. FEUSA members educate legislators on the current economic environment that businesses face around the country.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of website pageviews

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of website sessions

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Families

Related Program

Advocating For Family Businesses

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of unique website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of new website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Families

Related Program

Advocating For Family Businesses

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of websites and organizations (outside of our organization) that share our resources and information

This metric is no longer tracked.
Totals By Year
Population(s) Served

Families, Adults

Related Program

Advocating For Family Businesses

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

The figure for 2020 is 1,560,000. For some reason this interface did not allow for that to be input. We did not track this metric in 2019 and 2018

Number of return website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Families

Related Program

Advocating For Family Businesses

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

To promote family businesses and their job growth in America.

Conduct non-partisan research that highlights the contributions of family enterprise to the
American economy and the challenges these businesses face.

Educate legislators, policymakers, and the public on the important role of family businesses in the economy and local communities.

Present non-partisan intelligence, research, and information on the economic impact family businesses have on the US economy and job growth.

Represent all American family business; not just specific industries and provide research to enhance the opportunity for success.

Support the work of Family Business Centers across the country.

Conduct Annual Family Business Survey to determine the challenges and concerns of family businesses and present to members of Congress, academics, media legislators, business owners, trade associations and others.

Distribute survey information collected and research on family businesses to family business and family office groups as well as trade associations so they may advocate for the issues and concerns of family businesses.

Develop and keep current, a well-designed website that provides family business news, issues, and announcements as well as various resources, company information, and an uncomplicated user interface experience.

Maintain a dominant social media presence on Facebook, Linkedin, Twitter, Instagram, and YouTube.

Publish posts, articles, and online messaging to advocate for family businesses, communicating our target messages including reducing over-regulation, reducing or repealing the estate tax, simplifying tax code, reducing income tax, reducing capital gains tax, reducing the federal deficit, and federal trade policies.

Conduct webinars and meetings to keep FEUSA members and others updated and informed on the latest family business market trends and legislation.

Administer research to provide insights on family businesses in the US to provide decision-makers, regulators, and legislators with data, scientific arguments, and justifications to craft policy and take measures to help family businesses continue to grow and add jobs.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

FEUSA Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.00

Average of 8.10 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

9.1

Average of 2.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

FEUSA Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

FEUSA Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

FEUSA Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of FEUSA Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2012 2013 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$203,591 -$137,195 $44,486 $55,521 $76,905
As % of expenses -37.1% -26.3% 24.9% 22.2% 22.0%
Unrestricted surplus (deficit) after depreciation -$214,163 -$145,400 $44,486 $55,521 $76,905
As % of expenses -38.3% -27.4% 24.9% 22.2% 22.0%
Revenue composition info
Total revenue (unrestricted & restricted) $162,011 $230,883 $223,123 $305,343 $425,999
Total revenue, % change over prior year -6.8% 42.5% 0.0% 36.8% 39.5%
Program services revenue 7.4% 6.6% 0.0% 24.6% 29.3%
Membership dues 15.8% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 76.8% 93.4% 100.0% 75.4% 70.6%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $548,558 $521,978 $178,637 $249,822 $349,094
Total expenses, % change over prior year 3.1% -4.8% 0.0% 39.8% 39.7%
Personnel 0.0% 0.0% 34.5% 21.4% 15.1%
Professional fees 83.8% 65.2% 54.1% 54.4% 66.7%
Occupancy 1.9% 3.1% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.2% 0.0%
All other expenses 14.3% 31.7% 11.4% 23.9% 18.2%
Full cost components (estimated) info 2012 2013 2020 2021 2022
Total expenses (after depreciation) $559,130 $530,183 $178,637 $249,822 $349,094
One month of savings $45,713 $43,498 $14,886 $20,819 $29,091
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $604,843 $573,681 $193,523 $270,641 $378,185

Capital structure indicators

Liquidity info 2012 2013 2020 2021 2022
Months of cash 0.0 0.0 10.2 9.1 9.1
Months of cash and investments 0.0 0.0 10.2 9.1 9.1
Months of estimated liquid unrestricted net assets 5.3 2.4 8.9 9.0 9.1
Balance sheet composition info 2012 2013 2020 2021 2022
Cash $0 $0 $152,360 $189,980 $264,397
Investments $0 $0 $0 $0 $0
Receivables $309,271 $154,940 $12,598 $0 $0
Gross land, buildings, equipment (LBE) $40,550 $40,550 $0 $0 $0
Accumulated depreciation (as a % of LBE) 67.1% 84.5% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.1% 3.6% 20.0% 1.3% 0.0%
Unrestricted net assets $257,476 $112,076 $131,971 $187,492 $264,397
Temporarily restricted net assets $308,840 $154,940 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $308,840 $154,940 $0 $0 $0
Total net assets $566,316 $267,016 $131,971 $187,492 $264,397

Key data checks

Key data checks info 2012 2013 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President

Pat Soldano

Patricia M. Soldano has spent over 30 years providing family office services. She developed Cymric Family Office Services into a multi-family office in 1996, and sold to GenSpring Family Offices in January 2009, where she was Managing Director of Western Region for GenSpring for 5 years and then a Family Office Consultant to GenSpring until December of 2017. Ms. Soldano is now a Family Business and Family Office Consultant working directly with families herself.

Number of employees

Source: IRS Form 990

FEUSA Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

FEUSA Inc

Board of directors
as of 04/17/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Alysha Loumakis-Calderon

Family Enterprise USA

​​Lex Saturno

McKee Foods

David Plimpton

INOLEX

Alysha Loumakis-Calderon

ISYS Solutions, Inc

David Brown

Wyo-Ben, Inc

Charles Fox IV

David Henderson

Cilker Henderson Properties

Casey Roscoe

Steven Wells

American Food & Vending Corp

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/7/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser