COVENANT HOUSE FLORIDA INC

EIN: 592323607 501(c)(3) Human Services

FORT LAUDERDALE, FL

Total Revenue
$7,655,264
Total Expenses
$6,627,112
Total Assets
$11,074,192
Net Assets
$10,112,161
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
FL
Principal Officer
RENEE TRINCANELLO
Phone
9545615559
Tax Period
2023-07-01 to 2024-06-30

COVENANT HOUSE FLORIDA INC, founded in 1983, is a community nonprofit in the Human Services sector that reported $7.7M in total revenue in fiscal year 2023. Expenses of $6.6M left a modest 13% surplus.

Mission

IN 34 CITIES ACROSS FIVE COUNTRIES, COVENANT HOUSE BUILDS BRIDGES TO HOPE FOR YOUNG PEOPLE FACING HOMELESSNESS AND SURVIVORS OF HUMAN TRAFFICKING. WE MEET THEIR IMMEDIATE NEEDS FOR FOOD, CLOTHING, PROTECTION, AND MEDICAL CARE; SUPPORT THEM TO ADVANCE THEIR GOALS OF EDUCATION AND EMPLOYMENT; AND OFFER HOMELESSNESS PREVENTION AND AFTERCARE SERVICES TO REDUCE THE RISK OF A YOUNG PERSON BECOMING HOMELESS IN THE FIRST PLACE AND THE LIKELINESS OF RECURRING HOMELESSNESS. COVENANT HOUSE ENCOMPASSES A ROBUST NETWORK OF "HOUSES," WITH BEST-IN-CLASS SERVICES AND A SHARED COMMITMENT TO UNCONDITIONAL LOVE, ABSOLUTE RESPECT, AND RELENTLESS SUPPORT FOR EACH YOUNG PERSON WHO COMES TO OUR DOORS. FOUNDED AS A DROP-IN CENTER IN NEW YORK CITY IN 1972, COVENANT HOUSE NOW SERVES TENS OF THOUSANDS OF CHILDREN AND YOUTH EVERY YEAR IN OUR RESIDENTIAL, OUTREACH, DROP-IN, PREVENTION, AND AFTERCARE PROGRAMS. OUR DEDICATED STAFF ACROSS THE UNITED STATES, GUATEMALA, HONDURAS, MEXICO, AND CANADA EMPLOY A STRENGTH-BASED, TRAUMA-INFORMED PROGRAM MODEL THAT HELPS YOUNG PEOPLE DISCOVER AND DEVELOP THEIR POWER TO OVERCOME ADVERSITY NOW AND INTO THE FUTURE. OUR NORTH STAR IS TO END YOUTH HOMELESSNESS AS WE KNOW IT TODAY. YOUNG PEOPLE ARRIVE AT COVENANT HOUSE WITH AN ARRAY OF LIVED EXPERIENCES, INCLUDING FOSTER CARE, FAMILY TRAUMA, SUBSTANCE USE, MENTAL HEALTH ISSUES, DOMESTIC VIOLENCE, SEXUAL ABUSE, DISPLACEMENT, AND HUMAN TRAFFICKING. YOUTH MAY COME TO US SCARRED BY ANTI-LGBTQ+ DISCRIMINATION AND VIOLENCE, OR AS PARENTS OF SMALL CHILDREN, OR PREGNANT. OUR STAFF MEET THEM WHERE THEY ARE, HELP THEM STABILIZE THEIR SITUATION, AND ACCOMPANY THEM, THROUGH OUR HIGH-QUALITY SERVICES, ON THEIR JOURNEY TO WHOLENESS AND INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $3,072,805 Revenue: $0

SHELTER AND CRISIS CARE (IMMEDIATE HOUSING):COVENANT HOUSE FLORIDA, INC. PROVIDED SHELTER AND CRISIS CARE TO A TOTAL OF 819 UNDUPLICATED YOUTH WHO RECEIVED 35,000 DAYS OF CRISIS CARE (FOOD, SHELTER...

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SHELTER AND CRISIS CARE (IMMEDIATE HOUSING):COVENANT HOUSE FLORIDA, INC. PROVIDED SHELTER AND CRISIS CARE TO A TOTAL OF 819 UNDUPLICATED YOUTH WHO RECEIVED 35,000 DAYS OF CRISIS CARE (FOOD, SHELTER, CLOTHING, CASE MANAGEMENT, HEALTH SERVICES, PARENTING EDUCATION, INDEPENDENT LIVING SKILLS INSTRUCTION, INDIVIDUAL/FAMILY COUNSELING, JOB READINESS TRAINING, EDUCATION, ETC.).

Program 2
Expenses: $1,231,049 Revenue: $0

RIGHTS OF PASSAGE:THE RIGHTS OF PASSAGE PROGRAM PROVIDES TRANSITIONAL AND RAPID REHOUSING IN SCATTERED SITE APARTMENTS FOR UP TO 24 MONTHS TO YOUTHS, INCLUDING INDIVIDUAL COUNSELING AND HELP WITH...

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RIGHTS OF PASSAGE:THE RIGHTS OF PASSAGE PROGRAM PROVIDES TRANSITIONAL AND RAPID REHOUSING IN SCATTERED SITE APARTMENTS FOR UP TO 24 MONTHS TO YOUTHS, INCLUDING INDIVIDUAL COUNSELING AND HELP WITH COMPLETING EDUCATION AND FINDING/MAINTAINING JOBS AND HOUSING. A TOTAL OF 99 YOUTHS RECEIVED TRANSITIONAL HOUSING IN FY2024.

Program 3
Expenses: $585,993 Revenue: $0

YOUNG FAMILIES PROGRAM (FORMERLY MOTHER/CHILD PROGRAM)THE YOUNG FAMILIES PROGRAM PROVIDES EMERGENCY SERVICES, SHORT AND LONG-TERM HOUSING, FOOD, AND MEDICAL AND MENTAL HEALTH CARE TO PREGNANT AND...

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YOUNG FAMILIES PROGRAM (FORMERLY MOTHER/CHILD PROGRAM)THE YOUNG FAMILIES PROGRAM PROVIDES EMERGENCY SERVICES, SHORT AND LONG-TERM HOUSING, FOOD, AND MEDICAL AND MENTAL HEALTH CARE TO PREGNANT AND PARENTING YOUTH AND THEIR CHILDREN. THE PROGRAM ALSO OFFERS YOUNG FAMILIES ACCESS TO FREE CHILD CARE SERVICES, PARENTING SUPPORT, AND A FULL RANGE OF EDUCATIONAL, VOCATIONAL, AND JOB PLACEMENT SERVICES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,407,652
Program Service Revenue $0
Investment Income $1,308,832
Other Revenue $-61,220
TOTAL REVENUE $7,655,264

Expense Breakdown

Grants Paid $976,998
Salaries & Benefits $3,918,759
Fundraising Expenses $440,818
Program Expenses $5,365,362
Other Expenses $1,731,355
TOTAL EXPENSES $6,627,112

Year-over-Year Comparison

2023 2022 Change
Revenue $7,655,264 $7,320,907 +0.0%
Expenses $6,627,112 $6,569,075 +0.0%
Net Income $1,028,152 $751,832 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
135
Volunteers
20

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
5
$767,656
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMENT MO KHALIL BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOSH POLSKY BOARD VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT AARON TRUSTEE 1.00
Director
$0 $0 $0
AARON ABRAMOFF TRUSTEE 1.00
Director
$0 $0 $0
DR LEONARD BASS TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW BRENNAN TRUSTEE 1.00
Director
$0 $0 $0
PATRICK COHEN TRUSTEE 1.00
Director
$0 $0 $0
BRETT DARGIS TRUSTEE, THRU DEC 2023 1.00
Director
$0 $0 $0
SHANELL DEAL-SALGADO TRUSTEE 1.00
Director
$0 $0 $0
SEAN FARRELL TRUSTEE, THRU DEC 2023 1.00
Director
$0 $0 $0
KELLY KOENIG TRUSTEE 1.00
Director
$0 $0 $0
GREG LONSWAY TRUSTEE 1.00
Director
$0 $0 $0
TRAVIS MACK TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE MOLLOY TRUSTEE 1.00
Director
$0 $0 $0
SUSAN SELIMOS TRUSTEE 1.00
Director
$0 $0 $0
SCOTT SHERMAN TRUSTEE 1.00
Director
$0 $0 $0
CARRIE SIU BUTT TRUSTEE 1.00
Director
$0 $0 $0
DR CHANDA TORRES TRUSTEE 1.00
Director
$0 $0 $0
SHEELA VANHOOSE TRUSTEE 1.00
Director
$0 $0 $0
BRENDA WATSON TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM BEDROSSIAN PRESIDENT & CEO 1.00
Officer
$0 $75,191 $548,397
RENEE TRINCANELLO SECRETARY CEO, CH-FL 40.00
Officer
$183,409 $35,850 $219,259
STEVEN HENRIQUEZ OUTSOURCED CFO 25.00
Officer
$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 No data No data No data No data
2024 $7,655,264 $6,627,112 $11,074,192 $1,028,152
2023 $7,320,907 $6,569,075 $9,680,511 $751,832
2022 $8,875,406 $6,784,651 $8,773,713 $2,090,755
2021 $9,482,096 $7,429,382 $7,849,350 $2,052,714
2020 $8,617,883 $8,139,176 $6,911,868 $478,707
2019 $10,632,596 $8,617,695 $5,613,433 $2,014,901
2018 $7,627,222 $8,329,519 $4,317,039 $-702,297
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