Family Promise of Southeast Florida Inc

EIN: 562656166 501(c)(3) Religion

Delray Beach, FL

Total Revenue
$738,736
Total Expenses
$974,784
Total Assets
$1,070,291
Net Assets
$699,891
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
Jennifer Raymond
Phone
5612653370
Tax Period
2024-01-01 to 2024-12-31

Family Promise of Southeast Florida Inc, founded in 2007, is a small nonprofit in the Religion sector that reported $739K in total revenue in fiscal year 2024. Expenses of $975K exceeded revenue, resulting in a 32% operating deficit.

Mission

The organization serves families in crisis by providing temporary shelter, meals, mental health counseling, life skill education, financial literacy training, referral services and comprehensive case management, through our Road to Independence Program.Family Promise of Southeast Florida follows the light of the Family Promise five-point star, which shines on the principles of: promise (to keep families together), prevention, shelter, stabilization and community.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $649,196
Program Service Revenue $0
Investment Income $31,234
Other Revenue $58,306
TOTAL REVENUE $738,736

Expense Breakdown

Grants Paid $0
Salaries & Benefits $569,245
Fundraising Expenses $34,852
Program Expenses $883,330
Other Expenses $405,539
TOTAL EXPENSES $974,784

Year-over-Year Comparison

2024 2023 Change
Revenue $738,736 $690,352 +0.1%
Expenses $974,784 $832,946 +0.2%
Net Income $-236,048 $-142,594 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
9
Employees
17
Volunteers
1200

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Raymond CEO 50.00
$105,962 $0 $105,962
Laurie Betesh Board Member 8.00
Director
$0 $0 $0
Rick Giles President 8.00
Officer Director
$0 $0 $0
Taylor Materio Board Member 2.00
Director
$0 $0 $0
Jim Saturday Board Member 2.00
Director
$0 $0 $0
Anthony Puelo Board Member 2.00
Director
$0 $0 $0
Murry Stegelmann Board Member 2.00
Director
$0 $0 $0
Randi Tompkins Board Member 2.00
Director
$0 $0 $0
Deborah Cartwright Clough Board Member 2.00
Director
$0 $0 $0
Roy Squillario Board Member 2.00
Director
$0 $0 $0
Stuart Barlow Treasurer 8.00
Officer Director
$0 $0 $0
Collin Adams Board Member 8.00
Director
$0 $0 $0
Diego Montoya Vice President 2.00
Officer Director
$0 $0 $0
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 $738,736 $974,784 $1,070,291 $-236,048
2023 $690,352 $832,946 $1,388,447 $-142,594
2022 $789,867 $689,426 $1,484,294 $100,441
2021 $666,779 $643,082 $994,080 $23,697
2020 $881,905 $569,899 $968,207 $312,006
2019 $450,248 $435,386 $650,167 $14,862
2018 $497,496 $367,356 $627,193 $130,140
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