HOMELESS SERVICES NETWORK OF CENTR… - 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

1993

Legal Domicile

Principal Officer

MARTHA ARE

Phone

4078930133

Tax Period

2023-07-01 to 2024-06-30

HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA INC, founded in 1993, is a mid-sized nonprofit in the Human Services sector that reported $24.0M in total revenue in fiscal year 2023.

Mission

TO FACILITATE A COMPREHENSIVE AND INTEGRATED SYSTEM OF SERVICES IN CENTRAL FLORIDA DESIGNED TO ENSURE THAT ANY EXPERIENCE OF HOMELESSNESS IS BRIEF AND RARE.

Program Service Accomplishments

Program 1

Expenses: $24,895,558 Revenue: $7,599

THE HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA IS THE LEAD AGENCY FOR THE HUD CONTINUUM OF CARE SUPPORTIVE HOUSING PROGRAM, SHELTER, AND CARE FUNDING FOR OSCEOLA, SEMINOLE, AND ORANGE COUNTIES...

THE HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA IS THE LEAD AGENCY FOR THE HUD CONTINUUM OF CARE SUPPORTIVE HOUSING PROGRAM, SHELTER, AND CARE FUNDING FOR OSCEOLA, SEMINOLE, AND ORANGE COUNTIES INCLUDING THE CITY OF ORLANDO. IT ADMINISTERS MORE THAN 40 GRANTS THROUGH ITS SUB-RECIPIENT AGENCIES WHO PROVIDE SERVICES TO THE HOMELESS IN ORANGE, SEMINOLE AND OSCEOLA COUNTIES. IT ALSO FUNDS PROGRAMS THAT PROVIDE TRANSITIONAL AND PERMANENT HOUSING, SUPPORTIVE SERVICES, AND ONGOING CASE MANAGEMENT FOR THE REGION'S HOMELESS, AND IS THE LEAD AGENCY FOR THE FLORIDA DEPARTMENT OF CHILDREN AND FAMILIES. IT ADMINISTERS CHALLENGE GRANTS AND HOMELESS HOUSING ASSISTANCE GRANTS OF UP TO $2 MILLION EACH YEAR TO CREATE NEW TRANSITIONAL AND PERMANENT HOUSING BEDS TO SERVE THE HOMELESS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $23,978,412

Program Service Revenue $7,599

Investment Income $-124,830

Other Revenue $111,050

TOTAL REVENUE $23,972,231

Expense Breakdown

Grants Paid $12,051,836

Salaries & Benefits $4,328,921

Fundraising Expenses $0

Program Expenses $24,895,558

Other Expenses $8,724,231

TOTAL EXPENSES $25,104,988

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,972,231	$22,932,064	+0.0%
Expenses	$25,104,988	$25,064,419	+0.0%
Net Income	$-1,132,757	$-2,132,355	-0.5%

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

Volunteers

200

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

$471,849

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIDA PERALTA	CHIEF FINANCIAL OFFICER	40.0	Officer	$132,375	$28,108	$160,483
MARTHA ARE	EXECUTIVE DIRECTOR	40.0	Officer	$132,417	$23,520	$155,937
BRIAN POSTLEWAIT	CHIEF EXECUTIVE OFFICER	40.0	Officer	$129,646	$25,783	$155,429
Eric Jackson	CHAIRPERSON	2.0	Officer Director	$0	$0	$0
Leo Alvarez	DIRECTOR	2.0	Director	$0	$0	$0
Dick Batchelor	DIRECTOR	2.0	Director	$0	$0	$0
Chirag Bhavsar	DIRECTOR	2.0	Director	$0	$0	$0
Lucas Daniel Boyce	DIRECTOR	2.0	Director	$0	$0	$0
Kiauna Carbin	DIRECTOR	2.0	Director	$0	$0	$0
Amy Donley	DIRECTOR	2.0	Director	$0	$0	$0
Shannon Gravitte	DIRECTOR	2.0	Director	$0	$0	$0
Jose Hidalgo	DIRECTOR	2.0	Director	$0	$0	$0
Carrie Longsworth	DIRECTOR	2.0	Director	$0	$0	$0
Desiree Matthews	DIRECTOR	2.0	Director	$0	$0	$0
Satyanarayana Mukkera MD	DIRECTOR	2.0	Director	$0	$0	$0
Nicole Osburn	DIRECTOR	2.0	Director	$0	$0	$0
Jermaine Taylor	DIRECTOR	2.0	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	No data	No data	No data	No data
2024	$23,972,231	$25,104,988	$7,277,342	$-1,132,757
2023	$22,932,064	$25,064,419	$9,721,999	$-2,132,355
2022	$25,309,084	$23,956,368	$9,711,169	$1,352,716
2021	$20,176,040	$21,057,397	$8,807,981	$-881,357
2021	$20,984,362	$21,353,662	$8,865,174	$-369,300
2020	$19,063,281	$15,259,409	$7,845,391	$3,803,872
2019	$13,284,606	$12,691,719	$1,868,563	$592,887
2018	$12,543,470	$12,105,558	$1,896,570	$437,912

HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA INC