Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
EIN 59-0768265 • 501(c)3 • Jacksonville, FL
Profile
The mission of family foundations is growing strong, money-wise families. Growing: we teach and train. Strong: we nurture and counsel people so they are able to develop devoted, loving families who know how to communicate with each other. Money-wise: we want everyone to be wise when it comes to money. Too often people have never been taught how to handle their finances. Familes: we strive to do everyhing in our power to keep all families together, so they can contribute towards a stronger comunity. Everyone - every household, every business, every family - needs to be wise about money. We provide tools, skills, support and solutions because every child deserves to grow up in a financially fit family.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Assets
Down$371,579
Down $278,734 (-43%) from 2022
Liabilities
Down$294,022
Down $95,350 (-24%) from 2022
Net Assets
Down$77,557
Down $183,384 (-70%) from 2022
Revenue
Down$1,744,288
Down $348,492 (-17%) from 2022
Expenses
Down$1,927,672
Down $19,326 (-1.0%) from 2022
Net Income
Down-$183,384
Down $329,166 (-226%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.
The mission of family foundations of northeast florida, inc. Is to maximize the potential of individuals and families.we do this by providing financial wellness and family and individual counseling services to assist the community in becoming financially stronger. To fulfill our mission, we incorporate our core values into planning and implementation of all our programs. These values include: accountability; collaboration; compassion; community focus; and self-determination.
The mission of family foundations of northeast florida, inc. Is to maximize the potential of individuals and families to lead better lives. We do this by providing financial wellness and family and individual counseling services to assist the community in becoming financially and emotionally stronger.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $223,163 | $476,486 | ▲ $253,323 |
| Investments in Publicly Traded Securities | $241,833 | - | - |
| Pledges and Grants Receivable | $102,224 | $176,317 | ▲ $74,093 |
| Intangible Assets | - | $79,617 | - |
| Land, Buildings, and Equipment, Net | $53,773 | $32,304 | ▼ $21,469 |
| Prepaid Expenses and Deferred Charges | $7,500 | $21,965 | ▲ $14,465 |
| Total Assets | $628,493 | $786,689 | ▲ $158,196 |
| Liabilities | |||
| Other Liabilities | $106,400 | $356,149 | ▲ $249,749 |
| Accounts Payable and Accrued Expenses | $85,855 | $190,563 | ▲ $104,708 |
| Escrow Account Liability | $124,818 | $124,818 | → $0 |
| Total Liabilities | $317,073 | $671,530 | ▲ $354,457 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $311,420 | $115,159 | ▼ $196,261 |
| Total Net Assets Fund Balance | $311,420 | $115,159 | ▼ $196,261 |
| Total Liabilities and Net Assets / Fund Balance | $628,493 | $786,689 | ▲ $158,196 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $32,304 | $217,681 | $249,985 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| William Haley | President/ce | FT | $122,400 | $122,400 |
| Name | Title |
|---|---|
| Joni Poitier | Chairman |
| Andre Green | Director |
| Erica Whitfield Lmhc | Director |
| Jennifer Ryan | Director |
| Joni Zwick Pa | Director |
| Kimberly Padgett-morrison | Director |
| Matthew Shank | Director |
| Maurice Martinez | Director |
| Neil Powell | Director |
| Paul Mcmillan | Director |
| Tiara Russell | Director |
| Wayne Gordon Dc | Director |
| Taylor Rowe | Secretary |
| Chuck Fields | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,409,800 |
| Other Expenses | $347,324 |
| Total Fundraising Expense | $38,487 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $936,216 | $215,732 | $20,382 | $1,172,330 |
| Other Employee Benefits | $90,985 | $50,338 | $3,327 | $144,650 |
| Payroll Taxes | $72,254 | $19,008 | $1,558 | $92,820 |
| Information Technology | $64,021 | $7,052 | $543 | $71,616 |
| Fees for Services Management | $35,002 | $19,365 | $1,280 | $55,647 |
| Fees for Services Other | $29,691 | $10,156 | $1,798 | $41,645 |
| Depreciation Depletion | $24,430 | - | - | $24,430 |
| Fees for Services Accounting | - | $18,000 | - | $18,000 |
| Occupancy | $8,409 | $8,130 | $800 | $17,339 |
| All Other Expenses | $3,581 | $11,269 | $-789 | $14,061 |
| Fees for Services Legal | - | $9,244 | - | $9,244 |
| Advertising | $429 | $721 | $7,890 | $9,040 |
| Insurance | $1,015 | $6,938 | - | $7,953 |
| Other Expenses | $14,751 | $7,033 | $-1,065 | $7,033 |
| Interest | - | $3,362 | - | $3,362 |
| Travel | $1,550 | $615 | $119 | $2,284 |
| Total Functional Expenses | $1,306,574 | $412,063 | $38,487 | $1,757,124 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,757,124 |
| Total Expenses per Audited Statements | $1,757,124 |
| Total Expenses per Form 990 | $1,757,124 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraisers | $69,294 | - | - | - |
| Total Events | $69,294 | - | - | - |
| Liability | Amount |
|---|---|
| Ppp Loan | $246,933 |
| Line of Credit | $59,425 |
| Pri Loan | $49,289 |
| Educational Custodial Account | $502 |
“Form 990 will be reviewed by the ceo and/or finance manager prior to e- filing.”
“All board members are required to provide a disclosure statement even if their relationships have not changed. Officers and key employees are required to disclose new interests that could give rise to conflicts on an annual basis. All employees provide a disclosure upon hire and are required to disclose new conflicts of interest as they arise.”
“The board reviews data accumulated by the alliance of children and families that produces an annual compensation survey for non profits from around the country, assess performance, and determine increase in compensation in the guidelines and parameters of the survey.”
“Annual and ongoing disclosures of potential conflicts of interest are required for both members of the board of directors and all employees per the organization's policy and procedure. Conflict of interest disclosure statements of board of directors, officers and committee members are reviewed by the executive committee of the board.”
“The mission of family foundations of northeast florida, inc. Is to maximize the potential of individuals and families.we do this by providing financial wellness and family and individual counseling services to assist the community in becoming financially stronger. To fulfill our mission, we incorporate our core values into planning and implementation of all our programs. These values include: accountability; collaboration; compassion; community focus; and self-determination.”
“Clinical counseling - family foundations' clinical counseling is delivered through two programs: family and individual counseling services (fics) and, in conjuntion with the local united way, westside full service schools (wfss). Fics provides a comprehensive set of mental health services to individuals and families and is the only community-based program in northeast florida that provides low or no-cost counseling services. No one is ever turned away based on their capacity to pay. Also, through an fics collaboration with the local partnership for child health, we work with and counsel youth involved with the juvenile justice system to reduce the rate of recidivism. Wfss provides services to school-aged youth and their families to address behaviors that interfere with educational achievement, helping students to mitigate or eliminate non-academic barriers limiting their full potential. Each of our couselors are licensed mental health practitioners and/or supervised registered mental health interns.”
“1000 in 1000 program - family foundations manages jacksonville's 1,000 in 1,000 program, a collective impact model that aims to end intergenerational poverty. The initiative engages community partners to help families build core assets, learn/upgrade skills and address other financial, educational, or social barriers that limit upward mobility and income progression. The program is a research-based approach and works by helping families build pivotal assets as a means of achieving self- sufficiency. Through a combination of wrap around services, peer networking, incentives and strategies to expand income, the program aims to remove barriers, increase family stability and enhance employment prospects. Financial stability - family foundations' financial stability program assists individuals and families manage finances and resources in a complex and challenging world. Through a comprehensive array of services, we help families in northeast florida increase financial literacy skills including: budgeting, credit scoring, housing counseling, down-payment assistance, debt manangement, payday lending issues, student loan counseling, foreclosure intervention and bankruptcy. Utilizing individual and group settings taught by certified counselors, family foundations provides the tools, knowledge and resources to effectively manage one's finances. Our counselors also participate as the financial education component in jacksonville's financial opportunity center, a collaboration aimed at helping families coordinate their employment and financial wellness strategies. Annually, family foundations coordinates wise money week, a week-long celebration that brings together numerouse volunteers to deliver financial education to youth, adults, seniors and veterans to increase knowledge and stress the importance of financial literacy and responsibility.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF FAMILY FOUNDATIONS OF NORTHEAST FLORIDA, INC. IS TO MAXIMIZE THE POTENTIAL OF INDIVIDUALS AND FAMILIES TO LEAD BETTER LIVES. WE DO THIS BY PROVIDING FINANCIAL WELLNESS AND FAMILY AND INDIVIDUAL COUNSELING SERVICES TO ASSIST THE COMMUNITY IN BECOMING FINANCIALLY AND EMOTIONALLY STRONGER. |
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| IRS990/Desc | 0 | CLINICAL COUNSELING - FAMILY FOUNDATIONS' CLINICAL COUNSELING IS DELIVERED THROUGH TWO PROGRAMS: FAMILY AND INDIVIDUAL COUNSELING SERVICES (FICS) AND, IN CONJUNTION WITH THE LOCAL UNITED WAY, WESTSIDE FULL SERVICE SCHOOLS (WFSS). FICS PROVIDES A COMPREHENSIVE SET OF MENTAL HEALTH SERVICES TO INDIVIDUALS AND FAMILIES AND IS THE ONLY COMMUNITY-BASED PROGRAM IN NORTHEAST FLORIDA THAT PROVIDES LOW OR NO-COST COUNSELING SERVICES. NO ONE IS EVER TURNED AWAY BASED ON THEIR CAPACITY TO PAY. ALSO, THROUGH AN FICS COLLABORATION WITH THE LOCAL PARTNERSHIP FOR CHILD HEALTH, WE WORK WITH AND COUNSEL YOUTH INVOLVED WITH THE JUVENILE JUSTICE SYSTEM TO REDUCE THE RATE OF RECIDIVISM. WFSS PROVIDES SERVICES TO SCHOOL-AGED YOUTH AND THEIR FAMILIES TO ADDRESS BEHAVIORS THAT INTERFERE WITH EDUCATIONAL ACHIEVEMENT, HELPING STUDENTS TO MITIGATE OR ELIMINATE NON-ACADEMIC BARRIERS LIMITING THEIR FULL POTENTIAL. EACH OF OUR COUSELORS ARE LICENSED MENTAL HEALTH PRACTITIONERS AND/OR SUPERVISED REGISTERED MENTAL HEALTH INTERNS. |
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| IRS990/FormationYr | 0 | 1995 |
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| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 69294 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
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| IRS990/IndependentAuditFinclStmtInd | 0 | true |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 7052 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 64021 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 71616 |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1015 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7953 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 79617 |
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| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990/MissionDesc | 0 | THE MISSION OF FAMILY FOUNDATIONS OF NORTHEAST FLORIDA, INC. IS TO MAXIMIZE THE POTENTIAL OF INDIVIDUALS AND FAMILIES.WE DO THIS BY PROVIDING FINANCIAL WELLNESS AND FAMILY AND INDIVIDUAL COUNSELING SERVICES TO ASSIST THE COMMUNITY IN BECOMING FINANCIALLY STRONGER. TO FULFILL OUR MISSION, WE INCORPORATE OUR CORE VALUES INTO PLANNING AND IMPLEMENTATION OF ALL OUR PROGRAMS. THESE VALUES INCLUDE: ACCOUNTABILITY; COLLABORATION; COMPASSION; COMMUNITY FOCUS; AND SELF-DETERMINATION. |
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| IRS990/OtherExpensesGrp/Desc | 3 | BANK FEES |
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| IRS990/PrincipalOfficerNm | 0 | WILLIAM HALEY |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | OTHER |
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| IRS990/ProgramServiceRevenueGrp/Desc | 2 | MATERIAL FEES |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | 1000 IN 1000 PROGRAM - FAMILY FOUNDATIONS MANAGES JACKSONVILLE'S 1,000 IN 1,000 PROGRAM, A COLLECTIVE IMPACT MODEL THAT AIMS TO END INTERGENERATIONAL POVERTY. THE INITIATIVE ENGAGES COMMUNITY PARTNERS TO HELP FAMILIES BUILD CORE ASSETS, LEARN/UPGRADE SKILLS AND ADDRESS OTHER FINANCIAL, EDUCATIONAL, OR SOCIAL BARRIERS THAT LIMIT UPWARD MOBILITY AND INCOME PROGRESSION. THE PROGRAM IS A RESEARCH-BASED APPROACH AND WORKS BY HELPING FAMILIES BUILD PIVOTAL ASSETS AS A MEANS OF ACHIEVING SELF- SUFFICIENCY. THROUGH A COMBINATION OF WRAP AROUND SERVICES, PEER NETWORKING, INCENTIVES AND STRATEGIES TO EXPAND INCOME, THE PROGRAM AIMS TO REMOVE BARRIERS, INCREASE FAMILY STABILITY AND ENHANCE EMPLOYMENT PROSPECTS. FINANCIAL STABILITY - FAMILY FOUNDATIONS' FINANCIAL STABILITY PROGRAM ASSISTS INDIVIDUALS AND FAMILIES MANAGE FINANCES AND RESOURCES IN A COMPLEX AND CHALLENGING WORLD. THROUGH A COMPREHENSIVE ARRAY OF SERVICES, WE HELP FAMILIES IN NORTHEAST FLORIDA INCREASE FINANCIAL LITERACY SKILLS INCLUDING: BUDGETING, CREDIT SCORING, HOUSING COUNSELING, DOWN-PAYMENT ASSISTANCE, DEBT MANANGEMENT, PAYDAY LENDING ISSUES, STUDENT LOAN COUNSELING, FORECLOSURE INTERVENTION AND BANKRUPTCY. UTILIZING INDIVIDUAL AND GROUP SETTINGS TAUGHT BY CERTIFIED COUNSELORS, FAMILY FOUNDATIONS PROVIDES THE TOOLS, KNOWLEDGE AND RESOURCES TO EFFECTIVELY MANAGE ONE'S FINANCES. OUR COUNSELORS ALSO PARTICIPATE AS THE FINANCIAL EDUCATION COMPONENT IN JACKSONVILLE'S FINANCIAL OPPORTUNITY CENTER, A COLLABORATION AIMED AT HELPING FAMILIES COORDINATE THEIR EMPLOYMENT AND FINANCIAL WELLNESS STRATEGIES. ANNUALLY, FAMILY FOUNDATIONS COORDINATES WISE MONEY WEEK, A WEEK-LONG CELEBRATION THAT BRINGS TOGETHER NUMEROUSE VOLUNTEERS TO DELIVER FINANCIAL EDUCATION TO YOUTH, ADULTS, SENIORS AND VETERANS TO INCREASE KNOWLEDGE AND STRESS THE IMPORTANCE OF FINANCIAL LITERACY AND RESPONSIBILITY. |
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| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | FUNDRAISING AND IN-KIND SUPPORT 799,528 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
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| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.94380 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6428297 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 49289 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 502 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PPP LOAN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | PRI LOAN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | EDUCATIONAL CUSTODIAL ACCOUNT |
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| IRS990/ScheduleJRequiredInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MISSION OF FAMILY FOUNDATIONS OF NORTHEAST FLORIDA, INC. IS TO MAXIMIZE THE POTENTIAL OF INDIVIDUALS AND FAMILIES.WE DO THIS BY PROVIDING FINANCIAL WELLNESS AND FAMILY AND INDIVIDUAL COUNSELING SERVICES TO ASSIST THE COMMUNITY IN BECOMING FINANCIALLY STRONGER. TO FULFILL OUR MISSION, WE INCORPORATE OUR CORE VALUES INTO PLANNING AND IMPLEMENTATION OF ALL OUR PROGRAMS. THESE VALUES INCLUDE: ACCOUNTABILITY; COLLABORATION; COMPASSION; COMMUNITY FOCUS; AND SELF-DETERMINATION. |
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