FAMILY HOUSING AND ADULT RESOURCES INC

EIN: 237062027 501(c)(3) Human Services

SAN MATEO, CA

Total Revenue
$10,946,792
Total Expenses
$10,137,497
Total Assets
$18,665,409
Net Assets
$14,538,628
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
CA
Phone
6504030403
Tax Period
2023-01-01 to 2023-12-31

FAMILY HOUSING AND ADULT RESOURCES INC, founded in 1970, is a mid-sized nonprofit in the Human Services sector that reported $10.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $10.1M left a modest 7% surplus.

Mission

Family Housing and Adult Resources Inc. FHAR serves adult people with developmental disabilities. FHARs mission is to assist each program participant to reach his or her full potentials.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $511,294
Program Service Revenue $10,101,462
Investment Income $330,104
Other Revenue $3,932
TOTAL REVENUE $10,946,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,815,633
Fundraising Expenses $0
Program Expenses $8,781,153
Other Expenses $1,321,864
TOTAL EXPENSES $10,137,497

Year-over-Year Comparison

2023 2022 Change
Revenue $10,946,792 $10,044,648 +0.1%
Expenses $10,137,497 $8,925,255 +0.1%
Net Income $809,295 $1,119,393 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
139
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$329,880
Total Directors
6
$329,880
Key Employees
1
$180,502
Highest Compensated
7
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE LEE PETRI President 0.00
Officer Director
$0 $0 $0
JOANN KLEINMAN Vice President 0.00
Officer Director
$0 $0 $0
SHARON WELCH Secretary 0.00
Officer Director
$0 $0 $0
BARBARA EVERS Director 0.00
Director
$0 $0 $0
HOWARD BRONSTEIN Director 0.00
Director
$0 $0 $0
DAVE CURSON Executive Director 40.00
Officer Director Highest
$329,880 $0 $329,880
NHON DO FHAR'S Accountant 40.00
Key Emp Highest
$180,502 $0 $180,502
EDESNA TOLENTINO-BECKER Business Manager 40.00
Highest
$166,395 $0 $166,395
PHILLIP SURDEL Residential Director 40.00
Highest
$135,610 $0 $135,610
LISA MCKIBBEN Supported Living Director 40.00
Highest
$148,373 $0 $148,373
EXEQUIEL ACHACOSO Property Manager 40.00
Highest
$124,986 $0 $124,986
CONNIE FORTINO Day Program Director 40.00
Highest
$107,518 $0 $107,518
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,946,792 $10,137,497 $18,665,409 $809,295
2022 $10,044,648 $8,925,255 $17,730,529 $1,119,393
2022 $10,044,648 $8,925,255 $15,219,387 $1,119,393
2021 $9,403,211 $8,484,390 $14,745,603 $918,821
2020 $9,295,556 $8,572,112 $13,335,050 $723,444
2019 $7,983,169 $7,606,751 $12,539,522 $376,418
2018 $7,884,826 $7,392,316 $11,722,428 $492,510
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FAMILY HOUSING AND ADULT RESOURCES INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.