Civic Intelligence

Family Resources Inc.

990 • Fiscal year 2017 • EIN 23-7146873

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 12, 2018

5180 62nd Ave NPinellas Park, FL 33781

(727) 521-5200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.28x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.22x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

53rd percentile

3.9%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$170,034

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

48th percentile

3.2%

Faster asset growth than 48% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,402,679

Down $677,427 (-8.4%) from 2014

Net Assets

Down

$5,362,425

Down $260,822 (-4.6%) from 2014

Liabilities

Down

$2,040,254

Down $416,605 (-17%) from 2014

Revenue

Up

$9,463,367

Up $3,044,750 (+47%) from 2014

Expenses

Up

$9,093,848

Up $2,720,302 (+43%) from 2014

Net Income

Up

$369,519

Up $324,448 (+720%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $8,875,315Liabilities 2010: $3,172,444Net Assets 2010: $5,702,8712010Assets 2011: $8,587,374Liabilities 2011: $3,146,023Net Assets 2011: $5,441,3512011Assets 2012: $7,520,848Liabilities 2012: $2,788,821Net Assets 2012: $4,732,0272012Assets 2013: $8,225,171Liabilities 2013: $2,646,995Net Assets 2013: $5,578,1762013Assets 2014: $8,080,106Liabilities 2014: $2,456,859Net Assets 2014: $5,623,2472014Assets 2017: $7,402,679Liabilities 2017: $2,040,254Net Assets 2017: $5,362,4252017Assets 2018: $7,735,222Liabilities 2018: $2,027,095Net Assets 2018: $5,708,1272018Assets 2019: $7,712,604Liabilities 2019: $1,912,292Net Assets 2019: $5,800,3122019Assets 2020: $8,890,473Liabilities 2020: $3,183,154Net Assets 2020: $5,707,3192020Assets 2021: $9,034,962Liabilities 2021: $2,263,327Net Assets 2021: $6,771,6352021Assets 2022: $8,866,537Liabilities 2022: $1,771,186Net Assets 2022: $7,095,3512022Assets 2024: $11,871,828Liabilities 2024: $1,375,204Net Assets 2024: $10,496,6242024

Highlighted filing

2017

Assets$7,402,679
Liabilities$2,040,254
Net Assets$5,362,425

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,590,8862010Expenses 2011: $7,768,6002011Expenses 2012: $6,068,9792012Expenses 2013: $6,111,9792013Revenue 2014: $6,418,617Expenses 2014: $6,373,546Net Income 2014: $45,0712014Revenue 2017: $9,463,367Expenses 2017: $9,093,848Net Income 2017: $369,5192017Revenue 2018: $9,179,750Expenses 2018: $8,842,150Net Income 2018: $337,6002018Revenue 2019: $8,703,272Expenses 2019: $8,591,965Net Income 2019: $111,3072019Revenue 2020: $8,265,233Expenses 2020: $8,340,821Net Income 2020: -$75,5882020Revenue 2021: $9,311,527Expenses 2021: $8,265,434Net Income 2021: $1,046,0932021Revenue 2022: $8,265,618Expenses 2022: $7,851,572Net Income 2022: $414,0462022Revenue 2024: $10,609,167Expenses 2024: $8,745,399Net Income 2024: $1,863,7682024

Highlighted filing

2017

Revenue$9,463,367
Expenses$9,093,848
Net Income$369,519
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 12, 2018
Return Version
2016v3.1
Gross Receipts
$9,471,696
Mission and Program Overview

Mission

To strengthen families and build better communities by providing prevention, support, and counseling services to children, teens, and families. Part iii - additional information family counseling parents and youth ages 6-17 can receive counseling services designed to improve relationships so they are more confident and satisfied with their lives. Family counselors are licensed or master level clinicians ensuring individuals and families receive the highest quality of service. Counseling services are confidential and provided in a welcoming office environment. The immediate goal of family crisis intervention is to address the issues precipitating the crisis. The family counselor works with the family to identify possible resolutions to the problem and reduce the degree of stress between family members. Safe2b - you and me safe2b - you and me is a family resources community education program offered to teens and adults ages 15 to 25. The goal of the safe2b - you and me is to educate yout

We inspire well-being and success in the lives of vulnerable children, youth and families through responsive quality programs and safe places.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,055,329$5,041,180▼ $14,149
Cash and Non-Interest-Bearing Accounts$986,366$1,170,732▲ $184,366
Pledges and Grants Receivable$915,301$1,004,321▲ $89,020
Investments in Publicly Traded Securities$129,698$137,039▲ $7,341
Prepaid Expenses and Deferred Charges$78,827$40,033▼ $38,794
Total Assets$7,175,055$7,402,679▲ $227,624
Other Assets Total$9,534$9,374▼ $160
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,592,833$1,425,167▼ $167,666
Accounts Payable and Accrued Expenses$583,727$605,172▲ $21,445
Deferred Revenue$5,589$9,915▲ $4,326
Total Liabilities$2,182,149$2,040,254▼ $141,895
Net Assets / Fund Balance
Unrestricted Net Assets$3,871,396$4,539,975▲ $668,579
Temporarily Rstr Net Assets$1,121,510$822,450▼ $299,060
Total Net Assets Fund Balance$4,992,906$5,362,425▲ $369,519
Total Liabilities and Net Assets / Fund Balance$7,175,055$7,402,679▲ $227,624

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,785,890$3,632,930$7,418,820
Land$941,849-$941,849
Equipment$112,767$397,897$510,664
Other Land Buildings$200,674$74,682$275,356

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,121,510$9,915-$308,975$822,450
2015$1,264,871$5,589-$143,361$1,121,510
2014$2,305,630$10,772-$1,051,531$1,264,871
2013$2,431,420$5,734-$131,524$2,305,630
2012$1,685,724$898,293-$152,597$2,431,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa M Davis PhdPresident/ceFT$157,153$12,881$170,034
Lisa M Davis PhdPresident/CEO-$157,153$12,881$170,034
Craig ChamberlinCFOFT$52,378$4,942$57,320

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$9,431,400
Program Service Revenue
$2,930
Investment Income
$8,734
Other Revenue
$20,303
All Other Contributions
$257,469
Change in Net Assets
$369,519

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,463,367
Total Revenue per Audited Statements
$9,463,367
Total Revenue per Form 990
$9,463,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,573,822
Other Expenses$4,520,026
Total Fundraising Expense$6,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,333,340$536,746$1,359$3,871,445
Fees for Services Other$2,742,733$67,710-$2,810,443
Payroll Taxes$292,940$38,154$233$331,327
Office Expenses$283,558$44,817$1,861$330,236
Depreciation Depletion$253,231$65,160-$318,391
Occupancy$270,739$28,461$41$299,241
Other Employee Benefits$230,583$35,890$368$266,841
All Other Expenses$123,870$6,795$1,318$131,983
Pension Plan Contributions$76,062$28,082$65$104,209
Insurance$71,738$26,979$77$98,794
Other Expenses$87,935$2,992$2$90,929
Travel$51,925$4,571$529$57,025
Interest$22,675$7,219$237$30,131
Total Functional Expenses$8,160,529$926,867$6,452$9,093,848

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,093,848
Total Expenses per Audited Statements$9,093,848
Total Expenses per Form 990$9,093,848
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,632
Fundraising Direct Expenses$8,329
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$28,632$28,632$8,329$20,303
Total Events$28,632$28,632$8,329$20,303
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's form 990 is presented to the finance team for initial review. The finance team then presents the form 990 to the full board of directors making the appropriate recommendations prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization's conflict of interest policy requires that all directors execute a conflict of interest statement disclosing any potential or known conflicts of interest. The statements are reviewed and updated annually.

Form 990, Page 6, Part VI, Line 15A

The compensation of the ceo is established by the board on the recommendation of the board's executive team. In preparing this recommendation, the executive team periodically secures the assistance of an independent compensation consultant who completes a salary market analysis and recommendation based on comparability data.

Form 990, Page 6, Part VI, Line 15B

The compensation of senior leadership team members is established by the ceo based on the recommendation of an independent compensation consultant.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. The organization's form 990 is available on guidestar and on the organization's website: www.family-resources.org

Filing and Contact Details

Filer

Filer Name
Family Resources Inc
EIN
23-7146873
Phone
7275215200
Address
5180 62ND AVE N, PINELLAS PARK, FL 33781

Signing Officer

Name
Lisa M Davis Phd
Title
President/CEO
Phone
7275215200
Signed
2018-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa M Davis Phd
Formed
1970
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
212
Volunteers
75

Preparer

Firm
Gunnchamberlain Pl
Address
4350 PABLO PROFESSIONAL CT STE 200, JACKSONVILLE, FL 32224-3224
Preparer
Sonny F Martin
Phone
9042962024
Supplemental Narrative

Additional Explanations

Form 990, Part III

Family counseling: parents and youth ages 6-17 can receive counseling services designed to improve relationships so they are more confident and satisfied with their lives. Family counselors are licensed or master level clinicians ensuring individuals and families receive the highest quality of service. Counseling services are confidential and are provided in a welcoming office environment. The immediate goal of family crisis intervention is to address issues precipitating the crisis, or issue. The family counselor works with the family to identify possible resolutions to the problem and reduce the degree of stress between family members. Safeplace - where kids get help - fast truancy programs: we provide intensive case management for youth who are experiencing truancy issues. The goal is to work with youths and families to identify barriers to school attendance and academic success. Once identified, we work closely with the youth to eliminate these barriers so they stay engaged in school, continue on a path of self-betterment, and are less likely to end up in delinquency situations. Safeplace2b: youth runaway and homeless shelters: our short-term youth shelters are open to troubled or at-risk youth between the ages of 10 and 17. They include youth who have family problems and conflict, who have run away from home or are homeless, who are having school related problems, experiencing truancy, domestic violence or any youth who is in crisis for any reason and needs respite care. Length of respite care is determined on a client-by-client basis. While in the residence, youth are provided with individual counseling, group education in life-skills, and recreational activities. Family counseling is available while a youth is in safeplace2b and can be continued through the family counseling office after leaving the residence. Safeplace2btoo - young moms: this program is for homeless pregnant and parenting young women and their child(ren) who are unable to live with their families and for whom there are no other safe alternatives. Services include shelter, food, clothing, baby supplies, counseling, case management, parenting and life skills education, assistance with finding employment, recreational activities, and volunteer and community advocacy experience. The goal of this program is to help these young women, between the ages of 16 and 22, make a successful transition to adulthood and independence, ultimately becoming productive, contributing members of our community and ensure their children a healthy start in life. Safe2b-you & me: safe2b-you & me is a family resources community education program offered to teens and adults ages 15 to 25. The goal of the safe2b-you & me program is to educate youth and young adults on healthy relationships. Our safe2b- you & me program provides: relationship education utilizing evidence-based curricula, insight and understanding of a true healthy relationship, education on how to engage in a safe and healthy relationship that is free of violence, unintended or early pregnancies and subsequent divorce. Safeplace2btoo - lgbtq: family resources provides transitional housing for up to 18 months for lesbian, gay, bi-sexual, transgender, or questioning (lgbtq) youth where they will be accepted for who they are and where they are in their life development. Our programs incorporate a philosophy of trauma informed care, positive youth development, and harm reduction helping youth develop trusting relationships with staff and the self-awareness and confidence necessary to reach their goals. Our residential program is staffed 24 hours per day, seven days a week with trained staff. We offer crisis intervention, group and individual counseling, case management, life skills training, and other services designed to help youth improve family relations to enhance permancy, decrease homelessness, improve life skills and offer educational and employment support. Youth enrichment program: the youth enrichment program

Form 990, Part IX, Line 11G

Professional fees 31,935 33,136 0 contracting services 2,710,798 34,574 0 total 2,742,733 67,710 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code(irc) and from state corporate income tax under applicable florida statutes. In addition, the organization qualifies for the charitable contribution deduction under irc section 170(b)(1)(a) and has been classified as an organization that is not a private foundation and has been designated a publicly supported organization. The organization follows the income tax standard for uncertain tax positions. The organization has evaluated their tax positions and determined they have no uncertain tax positions as of june 30, 2017. Should the organizations tax-exempt status be challenged in the future, the organizations 2015, 2016, and 2017 tax years are open for examination by the irs.

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IRS990/MissionDesc0WE INSPIRE WELL-BEING AND SUCCESS IN THE LIVES OF VULNERABLE CHILDREN, YOUTH AND FAMILIES THROUGH RESPONSIVE QUALITY PROGRAMS AND SAFE PLACES.
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IRS990/PrincipalOfficerNm0LISA M DAVIS PHD
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY BASED SERVICES - PROVIDES PREVENTION AND EARLY INTERVENTION SERVICES DESIGNED TO KEEP FAMILIES TOGETHER AND KEEP CHILDREN OUT OF THE JUVENILE JUSTICE AND CHILD WELFARE SYSTEMS. THIS INCLUDES INDIVIDUAL AND FAMILY COUNSELING, TRUANCY PREVENTION SERVICES, AND ADOPTION COUNSELING SERVICES. OTHER COMMUNITY BASED SERVICES INCLUDE AN AFTER-SCHOOL ENRICHMENT PROGRAM, RELATIONSHIP AND PREGNANCY PREVENTION EDUCATION PROGRAMS, TRUANCY PROGRAM SERVICES, AND STREET OUTREACH.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02662893
IRS990/ProgSrvcAccomActy3Grp/Desc0CHILD CARE FOOD PROGRAM - PROVIDES FINANCIAL SUPPORT TO LICENSED FAMILY CHILD CARE PROVIDERS BY REIMBURSING THEM FOR SERVING NUTRITIOUS MEALS AND SNACKS TO CHILDREN IN THEIR CARE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02638572
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09222
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE(IRC) AND FROM STATE CORPORATE INCOME TAX UNDER APPLICABLE FLORIDA STATUTES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AND HAS BEEN DESIGNATED A PUBLICLY SUPPORTED ORGANIZATION. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017. SHOULD THE ORGANIZATIONS TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE ORGANIZATIONS 2015, 2016, AND 2017 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$1.38$10.5$10.6$8.75$1.86
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.87$1.77$7.10$8.27$7.85$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.03$2.26$6.77$9.31$8.27$1.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.89$3.18$5.71$8.27$8.34$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$1.91$5.80$8.70$8.59$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.74$2.03$5.71$9.18$8.84$0.34
2017Detailed filing. Detailed filing data is available for this year.$7.40$2.04$5.36$9.46$9.09$0.37
2014Detailed filing. Detailed filing data is available for this year.$8.08$2.46$5.62$6.42$6.37$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$2.65$5.58$6.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.52$2.79$4.73$6.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$3.15$5.44$7.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.88$3.17$5.70$7.59