If it's a disaster, Federal Emergency Management Agency (FEMA) is there. Part of the Department of Homeland Security, FEMA is charged with building and supporting the nation's emergency management system. FEMA leads federal efforts to prepare for, respond to, and recover from disasters that overwhelm state and local resources. FEMA's services include planning and training, coordinating federal resources, and offering financial assistance to individuals, businesses, and communities to aid in recovery.The agency also manages the National Flood Insurance Program (NFIP) as well as programs designed to reduce future losses due to floods, earthquakes, tornadoes, hurricanes, and other natural disasters.