HABILITATION CENTER FOR THE HANDIC… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

SHERRY A HENRY

Tax Period

2024-10-01 to 2025-09-30

HABILITATION CENTER FOR THE HANDICAPPED INC, founded in 1978, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO EQUIP ADULTS WITH SPECIAL NEEDS WITH THE KNOWLEDGE, SKILLS AND BEHAVIOUR NEEDED TO LEAD USEFUL AND PRODUCTIVE LIVES WITH DIGNITY, RESPECT AND INDEPENDENCE. WE SERVE OVER 200 CLIENTS FROM BROWARD AND PALM BEACH COUNTIES, 97% OF WHICH ARE CONSIDERED AT OR BELOW THE POVERTY LEVEL

Program Service Accomplishments

Program 1

Expenses: $1,053,626 Revenue: $1,474,834

HABCO MANUFACTURING: HABCO PROVIDES APPROXIMATELY 98 CLIENTS WITH MEANINGFUL AND TRANSFERABLE VOCATIONAL TRAINING AND OPPORTUNITY. CLIENTS ASSEMBLE VARIOUS PRODUCTS SUCH AS LIFE SAVING EMERGENCY...

HABCO MANUFACTURING: HABCO PROVIDES APPROXIMATELY 98 CLIENTS WITH MEANINGFUL AND TRANSFERABLE VOCATIONAL TRAINING AND OPPORTUNITY. CLIENTS ASSEMBLE VARIOUS PRODUCTS SUCH AS LIFE SAVING EMERGENCY LIGHT BEACONS FOR ACR ELECTRONICS, INC. HABCO ALSO SERVES SOUTH FLORIDA BUSINESSES SUCH AS AEROSPACE TECHNOLOGIES GROUP, INC., BOEING, REAGAN WIRELESS, LOCKHEAD MARTIN, AND MANY OTHERS.

Program 2

Expenses: $986,830 Revenue: $1,390,071

PROGRAMS IN EDUCATION, ART AND RECREATION (P.E.A.R): OUR PROGRAMS IN EDUCATION ART AND RECREATION SERVES APPROXIMATELY 40 CLIENTS WITH SEVERE DEVELOPMENT AND INTELLECTUAL DISABILITYIES. CLIENTS IN...

PROGRAMS IN EDUCATION, ART AND RECREATION (P.E.A.R): OUR PROGRAMS IN EDUCATION ART AND RECREATION SERVES APPROXIMATELY 40 CLIENTS WITH SEVERE DEVELOPMENT AND INTELLECTUAL DISABILITYIES. CLIENTS IN THESE PROGRAMS RECEIVE HEALTH, EDUCATIONAL AND OTHER NECESSARY SOCIAL SERVICES AND PARTICIPATE IN ARTS, CULTURAL AND RECREATIONAL ACTIVITIES.

Program 3

Expenses: $354,515 Revenue: $241,883

PLANT NURSERY: THE PLANT NURSERY PROVIDES APPROXIMATELY 20 CLIENTS WITH MEANINGFUL AND TRANSFERABLE VOCATIONAL TRAINING AND OPPORTUNITY. THE PLANT NURSERY IS ONE OF THE LARGEST AND BEDDING NURSERIES IN SOUTH FLORIDA AND SERVES LOCAL BUSINESSES WITH HIGH QUALITY PLANTS AND NURSERY PRODUCTS. CLIENTS LEARN SEEDING, BEDDING, CARING FOR PLANTS AND MODERN HORTICULTURE TECHNIQUES SUCH AS HYDROPONIC GROWING SYSTEMS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,213,648

Program Service Revenue $931,827

Investment Income $216,730

Other Revenue $92,295

TOTAL REVENUE $3,454,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,304,114

Fundraising Expenses $0

Program Expenses $2,614,996

Other Expenses $1,191,822

TOTAL EXPENSES $3,495,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,454,500	$3,692,300	-0.1%
Expenses	$3,495,936	$3,739,831	-0.1%
Net Income	$-41,436	$-47,531	-0.1%

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

Governance

Voting Members

Independent Members

Employees

174

Volunteers

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

$478,198

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL OWEN	CHIEF FINANCIAL OFFICER	40.00	Officer	$133,966	$0	$133,966
SHERRY A HENRY	CHIEF EXECUTIVE DIRECTOR SECRETARY	40.00	Officer	$117,746	$0	$117,746
PAMELA BROWN	DIRECTOR OF SOCIAL SERVICES	40.00	Officer	$116,695	$0	$116,695
JOSEPH RENGEN	OPERATIONS MANAGER	40.00	Officer	$109,791	$0	$109,791
ANNA SASMIRESAN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MORACA	DIRECTOR	1.00	Director	$0	$0	$0
EMILY GRABELSKY	DIRECTOR	1.00	Director	$0	$0	$0
SARAH PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
MINDY SHIKIAR	TREASURER INTERIM CHAIR	1.00	Director	$0	$0	$0
STEPHEN POLLART	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
FAREED FARRAJ	DIRECTOR	1.00	Director	$0	$0	$0
SONNI JOHNSON	DIRECTOR	1.00	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
2025	$3,454,500	$3,495,936	$4,662,742	$-41,436
2024	$3,692,300	$3,739,831	$4,505,914	$-47,531
2023	$3,996,326	$4,032,892	$4,713,642	$-36,566
2022	$3,526,909	$4,151,153	$4,985,524	$-624,244
2021	$3,265,461	$3,710,163	$5,972,307	$-444,702
2020	$3,217,214	$3,750,767	$6,146,946	$-533,553
2019	$3,192,108	$4,248,535	$6,330,405	$-1,056,427
2018	$3,331,129	$3,902,388	$7,225,905	$-571,259

HABILITATION CENTER FOR THE HANDICAPPED INC