Adopt-A-Family of the Palm Beaches Inc

EIN: 592471253 501(c)(3)

Lake Worth, FL

Total Revenue
$11,196,981
Total Expenses
$10,622,617
Total Assets
$17,040,107
Net Assets
$16,165,088
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
FL
Principal Officer
John Elder
Phone
5612531361
Tax Period
2024-07-01 to 2025-06-30

Adopt-A-Family of the Palm Beaches Inc, founded in 1984, is a mid-sized nonprofit that reported $11.2M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $10.6M left a modest 5% surplus.

Mission

To provide housing & services to families & children experiencing homelessness in Palm Beach County.

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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 $10,357,730
Program Service Revenue $664,947
Investment Income $163,043
Other Revenue $11,261
TOTAL REVENUE $11,196,981

Expense Breakdown

Grants Paid $3,015,997
Salaries & Benefits $5,380,466
Fundraising Expenses $807,881
Program Expenses $9,149,651
Other Expenses $2,226,154
TOTAL EXPENSES $10,622,617

Year-over-Year Comparison

2024 2023 Change
Revenue $11,196,981 $8,815,133 +0.3%
Expenses $10,622,617 $9,921,312 +0.1%
Net Income $574,364 $-1,106,179 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
18
Independent Members
18
Employees
97
Volunteers
230

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
7
$271,777
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Peterson Member 1.00
Director
$0 $0 $0
Mary Jo Heller Member-at-large 1.00
Director
$0 $0 $0
Kirstin Turner Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Heather B Ferguson Secretary 1.00
Officer Director
$0 $0 $0
John Elder Chairman 1.00
Officer Director
$0 $0 $0
Lynda M Murphy Esq Member-at-large 1.00
Director
$0 $0 $0
Jonathan Bain Treasurer 1.00
Officer Director
$0 $0 $0
Sean P Bresnan Member 1.00
Director
$0 $0 $0
Jeff Preston Member 1.00
Director
$0 $0 $0
John P Marasco Member 1.00
Director
$0 $0 $0
Elizabeth Morales 1st Vice Chair 1.00
Officer Director
$0 $0 $0
John Castronuovo Member 1.00
Director
$0 $0 $0
Tequisha Myles Member 1.00
Director
$0 $0 $0
Garth E Rosenkrance Member 1.00
Director
$0 $0 $0
Nancy J Kyle 2nd Vice Chair 1.00
Director
$0 $0 $0
Derek A Porter Member 1.00
Director
$0 $0 $0
Stephanie M Gitlin Member 1.00
Director
$0 $0 $0
Takelia Hay Member 1.00
Director
$0 $0 $0
Chris Oberlink Lifetime Emeritus Director 1.00
Director
$0 $0 $0
Matthew Constantine Chief Executive Officer 40.00
Officer
$182,815 $16,687 $199,502
Arianna DeLeo Chief Financial Officer 20.00
Officer
$67,226 $5,049 $72,275
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 $11,196,981 $10,622,617 $17,040,107 $574,364
2024 $8,815,133 $9,921,312 $16,333,684 $-1,106,179
2023 $9,525,652 $10,709,085 $17,313,021 $-1,183,433
2022 $14,622,438 $9,052,308 $18,453,103 $5,570,130
2021 $9,099,734 $8,669,259 $12,966,286 $430,475
2020 $8,358,401 $7,441,819 $13,059,282 $916,582
2019 $7,611,099 $6,916,474 $11,830,245 $694,625
2018 $8,211,199 $6,400,146 $10,871,895 $1,811,053
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