FALIC FAMILY FOUNDATION
Mission Statement
Our mission, at Falic Family Foundation, is to be a charitable organization that is committed to the fulfillment of tikkun olam (repairing the world), the Jewish principle that we have a duty to help make our world a better place. The Foundation supports a range of programs and partners with organizations that share its commitment to advance cures and means of prevention for chronic diseases and other life-altering conditions, and to help the less fortunate combat hunger, poverty and educational barriers. FFF’s goal is to foster equal opportunity and cultural diversity in our communities. FFF is proud to support organizations such as the Alzheimer’s Association, American Red Cross, Boy Scouts of America, Breast Cancer Research Foundation, Nicklaus Children’s Hospital, United Community Options of South Florida and many more.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.9% | 91.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.1 mo | 65.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.3% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-13.1% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-18.4% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.6M | $1.5M | $262K | 97.9% | — |
| 2024 | $1.8M | $1.8M | $180K | 99.1% | — |
| 2023 | $2.6M | $2.5M | $195K | 99.6% | — |
| 2022 | $633K | $775K | $32K | 97.6% | — |
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