Family Affair Ministries Incorporated: Company Profile

Background

Overview

Family Affair Ministries Incorporated (FAM) is a 501(c)(3) faith-based nonprofit organization established in 1999 and located in Nashville, Tennessee. The organization is dedicated to restoring families and rebuilding communities through spiritual guidance and practical support. FAM operates the Family Center at Berkshire Place Apartments, providing resources and programs to families in East Nashville.

Mission and Vision

FAM's mission is "Restoring Families... Rebuilding Communities... Through God's Hand Extended." The organization aims to serve broken and impoverished families by offering guidance and support systems necessary for complete family restoration. Their goal is to transition families from a life of poverty to one of productivity and success.

Primary Area of Focus

FAM focuses on providing resources and support to families in East Nashville, particularly those residing in the Berkshire Place Apartments. Their services include educational programs, financial literacy workshops, and community-building activities designed to empower families and foster community development.

Industry Significance

As a faith-based nonprofit, FAM plays a crucial role in addressing social challenges within the Nashville community. By focusing on family restoration and community rebuilding, the organization contributes to the overall well-being and stability of the region.

Key Strategic Focus

Core Objectives

Family Restoration: Providing guidance and support to families in need, aiming to restore and strengthen family units.

Community Rebuilding: Engaging in initiatives that promote community development and cohesion, particularly in underserved areas.

Specific Areas of Specialization

Educational Programs: Offering workshops and classes to enhance skills and knowledge among community members.

Financial Literacy: Teaching budgeting, meal planning, and grocery shopping to empower families economically.

Youth Support: Assisting children with reading and other schoolwork to promote academic success.

Key Technologies Utilized

While specific technological platforms are not detailed, FAM utilizes various tools to manage programs, communicate with community members, and coordinate services effectively.

Primary Markets or Conditions Targeted

FAM primarily serves families in East Nashville, focusing on those residing in the Berkshire Place Apartments and surrounding communities. The organization addresses challenges such as poverty, educational disparities, and social isolation.

Financials and Funding

Funding History

FAM's funding primarily comes from grants, donations, and community support. In 2023, the organization reported total revenues of $143,024 and expenses of $170,360. The net assets at the end of the fiscal year were $18,007.

Total Funds Raised

In 2023, FAM raised a total of $143,024.

Notable Investors

The Boedecker Foundation has been a significant contributor, providing grants of $35,000 in 2022 and $50,000 in 2024.

Intended Utilization of Capital

The funds are utilized to support various programs, including educational workshops, financial literacy classes, and community-building activities aimed at empowering families and fostering community development.

Pipeline Development

As a nonprofit organization, FAM does not have a product pipeline or clinical trials. Instead, the organization focuses on developing and expanding its community programs and services to better serve the needs of families in East Nashville.

Technological Platform and Innovation

Proprietary Technologies

Specific proprietary technologies are not detailed in the available information.

Significant Scientific Methods

FAM employs evidence-based approaches in its programs, focusing on practical support and education to address the needs of families and communities.

Leadership Team

Key Executive Profiles

Apostle Glenda Gleaves Sutton – Founder and CEO: Glenda serves as the spiritual leader and visionary behind FAM, dedicating herself to scriptural exploration and imparting the Word of God.

Dair Sutton – Co-CEO: Dair oversees the administrative aspects of the ministry, ensuring the effective operation of FAM's programs and services.

Vera Williams-Davis – Chief Operating Officer: Vera manages the day-to-day operations of FAM, coordinating various programs and initiatives to support the organization's mission.

Leadership Changes

No recent significant changes or appointments within the leadership team have been reported.

Competitor Profile

Market Insights and Dynamics

The nonprofit sector in Nashville, Tennessee, is characterized by a diverse range of organizations focused on community development, family support, and social services. FAM operates in a competitive environment, collaborating with other nonprofits and community organizations to address overlapping challenges.

Competitor Analysis

While specific competitors are not detailed, FAM collaborates with various organizations to fulfill its mission. The nonprofit sector in Nashville includes numerous entities focused on similar objectives, contributing to a collaborative and competitive landscape.

Strategic Collaborations and Partnerships

FAM has partnered with organizations such as First Cumberland Properties and Trent Development to relocate 195 low-income families into a new apartment complex, Birchstone Village.

Operational Insights

FAM's strategic considerations include maintaining strong community partnerships, ensuring financial sustainability, and adapting programs to meet the evolving needs of families in East Nashville. The organization differentiates itself through its faith-based approach and comprehensive support services.

Strategic Opportunities and Future Directions

FAM aims to expand its programs, enhance community engagement, and strengthen partnerships to further its mission of restoring families and rebuilding communities. The organization's strengths position it to achieve future objectives through continued collaboration and innovation.