Civic Intelligence

Broward Partnership for the Homeless Inc.

990 • Fiscal year 2016 • EIN 65-0777033

Oct 01, 2015 to Sep 30, 2016 • Filed on Mar 24, 2017

920 NW 7th AvenueFort Lauderdale, FL 33311-7229

(954) 779-3990

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.06x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

28th percentile

-4.0%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

78th percentile

$211,150

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

20th percentile

-4.5%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

15%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$6,527,141

Down $310,019 (-4.5%) from 2015

Net Assets

Down

$6,158,612

Down $159,907 (-2.5%) from 2015

Liabilities

Down

$368,529

Down $150,112 (-29%) from 2015

Revenue

Up

$5,910,390

Up $749,524 (+15%) from 2015

Expenses

Up

$6,144,356

Up $314,746 (+5.4%) from 2015

Net Income

Up

-$233,966

Up $434,778 (+65%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $8,041,707Liabilities 2011: $269,979Net Assets 2011: $7,771,7282011Assets 2012: $7,729,068Liabilities 2012: $183,158Net Assets 2012: $7,545,9102012Assets 2013: $7,559,193Liabilities 2013: $205,074Net Assets 2013: $7,354,1192013Assets 2014: $7,319,122Liabilities 2014: $299,225Net Assets 2014: $7,019,8972014Assets 2015: $6,837,160Liabilities 2015: $518,641Net Assets 2015: $6,318,5192015Assets 2016: $6,527,141Liabilities 2016: $368,529Net Assets 2016: $6,158,6122016Assets 2017: $7,109,196Liabilities 2017: $642,087Net Assets 2017: $6,467,1092017Assets 2018: $7,331,104Liabilities 2018: $834,837Net Assets 2018: $6,496,2672018Assets 2019: $8,555,175Liabilities 2019: $1,647,372Net Assets 2019: $6,907,8032019Assets 2020: $9,796,636Liabilities 2020: $2,893,439Net Assets 2020: $6,903,1972020Assets 2021: $11,825,164Liabilities 2021: $2,937,131Net Assets 2021: $8,888,0332021Assets 2022: $12,944,424Liabilities 2022: $3,657,987Net Assets 2022: $9,286,4372022Assets 2023: $13,721,710Liabilities 2023: $4,006,443Net Assets 2023: $9,715,2672023Assets 2024: $14,193,687Liabilities 2024: $4,105,808Net Assets 2024: $10,087,8792024

Highlighted filing

2016

Assets$6,527,141
Liabilities$368,529
Net Assets$6,158,612

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,649,324Expenses 2011: $4,887,869Net Income 2011: $761,4552011Revenue 2012: $4,750,249Expenses 2012: $4,997,416Net Income 2012: -$247,1672012Expenses 2013: $5,206,2872013Revenue 2014: $5,208,105Expenses 2014: $5,569,347Net Income 2014: -$361,2422014Revenue 2015: $5,160,866Expenses 2015: $5,829,610Net Income 2015: -$668,7442015Revenue 2016: $5,910,390Expenses 2016: $6,144,356Net Income 2016: -$233,9662016Revenue 2017: $6,943,994Expenses 2017: $6,718,186Net Income 2017: $225,8082017Revenue 2018: $7,433,676Expenses 2018: $7,382,257Net Income 2018: $51,4192018Revenue 2019: $9,980,720Expenses 2019: $9,615,197Net Income 2019: $365,5232019Revenue 2020: $12,510,789Expenses 2020: $12,582,550Net Income 2020: -$71,7612020Revenue 2021: $15,103,298Expenses 2021: $13,167,915Net Income 2021: $1,935,3832021Revenue 2022: $14,513,640Expenses 2022: $13,541,553Net Income 2022: $972,0872022Revenue 2023: $14,558,519Expenses 2023: $14,187,198Net Income 2023: $371,3212023Revenue 2024: $15,663,521Expenses 2024: $15,748,378Net Income 2024: -$84,8572024

Highlighted filing

2016

Revenue$5,910,390
Expenses$6,144,356
Net Income-$233,966
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Mar 24, 2017
Return Version
2015v3.0
Gross Receipts
$7,624,728
Mission and Program Overview

Mission

The broward partnership is committed to reducing homelessness by promoting independence and self-worth through advocacy, housing and comprehensive services.

TO

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,257,983$4,075,916▼ $182,067
Investments in Publicly Traded Securities$1,436,260$1,485,079▲ $48,819
Pledges and Grants Receivable$462,156$416,184▼ $45,972
Savings and Temporary Cash Investments$340,365$322,054▼ $18,311
Cash and Non-Interest-Bearing Accounts$243,678$171,134▼ $72,544
Prepaid Expenses and Deferred Charges$47,860$48,305▲ $445
Accounts Receivable$46,079$5,690▼ $40,389
Inventories for Sale or Use$2,779$2,779→ $0
Total Assets$6,837,160$6,527,141▼ $310,019
Liabilities
Accounts Payable and Accrued Expenses$296,641$218,529▼ $78,112
Mortgage Notes Payable Secured by Investment Property$222,000$150,000▼ $72,000
Total Liabilities$518,641$368,529▼ $150,112
Net Assets / Fund Balance
Unrestricted Net Assets$6,042,675$5,756,836▼ $285,839
Temporarily Rstr Net Assets$229,512$348,444▲ $118,932
Permanently Rstr Net Assets$46,332$53,332▲ $7,000
Total Net Assets Fund Balance$6,318,519$6,158,612▼ $159,907
Total Liabilities and Net Assets / Fund Balance$6,837,160$6,527,141▼ $310,019

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,882,488$3,028,297$6,910,785
Other Land Buildings$193,428$1,322,776$1,516,204

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$46,332$7,000--$53,332
2014$40,332$6,000--$46,332
2013$37,332$3,000--$40,332
2012$37,087$245--$37,332
2011$29,587$7,500--$37,087
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frances M EspositoCEOFT$199,150$12,000$211,150
Michael LongChief Dev. OFT$133,021$4,967$137,988
Danny OsleyDirectorFT$46,907$1,415$48,322

Highest Paid Contractors

ContractorServicesLocationCompensation
Dr Lisa SilverbergDental Services17270 BOCA CLUB BLVD 1707, Boca Raton, FL 33487$105,195
Revenue and Support

Revenue Composition

Contributions and Grants
$5,770,771
Program Service Revenue
$0
Investment Income
$42,463
Other Revenue
$97,156
All Other Contributions
$2,263,955
Change in Net Assets
$-233,966

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$724,919Fair Market Value
Food Inventory229$99,661Cost & Fair Market Value
Total Noncash Contributions229$824,580-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,910,390
Revenue Not Reported on Form 990
$283,867
Total Revenue per Audited Statements
$6,194,257
Total Revenue per Form 990
$5,910,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,311,579
Other Expenses$2,832,777
Total Fundraising Expense$527,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,863,414$246,740$357,251$2,467,405
All Other Expenses$441,729$67,345$14,565$523,639
Fees for Services Other$396,181$80,341$1,852$478,374
Other Employee Benefits$269,293$37,264$18,910$325,467
Other Expenses$245,244$4,522$2,261$252,027
Current Officers, Directors, Trustees, and Key Employees$163,169$20,000$64,000$247,169
Depreciation Depletion$202,983$13,919$15,079$231,981
Payroll Taxes$163,938$21,707$31,430$217,075
Insurance$67,122$4,776-$71,898
Pension Plan Contributions$41,131$5,446$7,886$54,463
Office Expenses$4,245$29,531$9,765$43,541
Fees for Services Accounting-$26,500-$26,500
Conferences and Meetings$69$3,442$1,334$4,845
Advertising--$3,206$3,206
Travel$1,845$558$297$2,700
Total Functional Expenses$5,051,448$565,072$527,836$6,144,356

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,354,164
Expenses per Audited Statements$6,144,356
Total Expenses per Form 990$6,144,356
Expenses Not Reported on Form 990$209,808
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$169,960
Fundraising Direct Expenses$72,804
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$448,969$169,960$72,804$97,156
Total Events$448,969$169,960$72,804$97,156
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
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

Form 990 is first presented and reviewed by the finance committee and then presented to the full board at meeting for ratification and an electronic copy is sent prior to the review and meeting.

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

Policy is reviewed and discussed by board members and employees at meetings where potential conflicts may be presented and any possible conflicts that arise are required to be disclosed.

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

Review by board of directors.

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

Review by board of directors.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Broward Partnership for the
EIN
65-0777033
Phone
9547793990
Address
920 NW 7TH AVENUE, FORT LAUDERDALE, FL 33311-7229

Signing Officer

Name
Frances M Esposito
Title
CEO
Phone
9547793990
Signed
2017-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frances M Esposito
Formed
1997
Legal Domicile
Fl
Voting Board Members
21
Independent Board Members
20
Employees
77
Volunteers
3,967

Preparer

Firm
Robbins & Landino Pa
Address
222 SE 10TH STREET, FORT LAUDERDALE, FL 33316
Preparer
Daniel Moroney
Phone
9544673100
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Emergency residential program: the broward partnership for the homeless, inc. Operates the broward county central homeless assistance center, a 230 bed facility, that provides safe short-term housing and rehabilitative services each year for more than 1,000 homeless men, women and families with children. On-site services and/or provider referrals include dental care; mental health diagnosis and treatment including psychiatric services, substance abuse prevention, intervention and treatment; child are; workforce development services, vocational assessment, job readiness training, job placement services and retention skills; computer classes and life skills classes; and access to primary medical care. The partnership operates three separate subsidized off-site permanent housing programs for families and chronically homeless individuals with capacity for 41 chronically homeless individuals and 80 family members (20 families), provided with wrap-around intensive case management services. Additionally, the center has the capacity to house 50 homeless men during extreme cold weather.

Form 990, Part XI, Line 9

Contributed food fundraising events 5,150 contributed food fundraising events -5,150

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Contributed food fundraising events 5,150

Schedule D, Page 4, Part XII, Line 2D

Contributed food fundraising events 5,150

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IRS990/Desc0SEE SCHEDULE O EMERGENCY RESIDENTIAL PROGRAM: THE BROWARD PARTNERSHIP FOR THE HOMELESS, INC. OPERATES THE BROWARD COUNTY CENTRAL HOMELESS ASSISTANCE CENTER, A 230 BED FACILITY, THAT PROVIDES SAFE SHORT-TERM HOUSING AND REHABILITATIVE SERVICES EACH YEAR FOR MORE THAN 1,000 HOMELESS MEN, WOMEN AND FAMILIES WITH CHILDREN. ON-SITE SERVICES AND/OR PROVIDER REFERRALS INCLUDE DENTAL CARE; MENTAL HEALTH DIAGNOSIS AND TREATMENT INCLUDING PSYCHIATRIC SERVICES, SUBSTANCE ABUSE PREVENTION, INTERVENTION AND TREATMENT; CHILD ARE; WORKFORCE DEVELOPMENT SERVICES, VOCATIONAL ASSESSMENT, JOB READINESS TRAINING, JOB PLACEMENT SERVICES AND RETENTION SKILLS; COMPUTER CLASSES AND LIFE SKILLS CLASSES; AND ACCESS TO PRIMARY MEDICAL CARE. THE PARTNERSHIP OPERATES THREE SEPARATE SUBSIDIZED OFF-SITE PERMANENT HOUSING PROGRAMS FOR FAMILIES AND CHRONICALLY HOMELESS INDIVIDUALS WITH CAPACITY FOR 41 CHRONICALLY HOMELESS INDIVIDUALS AND 80 FAMILY MEMBERS (20 FAMILIES), PROVIDED WITH WRAP-AROUND INTENSIVE CASE MANAGEMENT SERVICES. ADDITIONALLY, THE CENTER HAS THE CAPACITY TO HOUSE 50 HOMELESS MEN DURING EXTREME COLD WEATHER.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4LEGAL CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6RESOURCE DEV
IRS990/Form990PartVIISectionAGrp/TitleTxt7AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF DEV. O
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IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0279009
IRS990/FundraisingDirectExpensesAmt072804
IRS990/FundraisingGrossIncomeAmt0169960
IRS990/GainOrLossGrp/SecuritiesAmt015818
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IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt03227807
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01657352
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04776
IRS990/InsuranceGrp/ProgramServicesAmt067122
IRS990/InsuranceGrp/TotalAmt071898
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02779
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02779
IRS990/InvestmentIncomeGrp/ExclusionAmt026645
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IRS990/LandBldgEquipCostOrOtherBssAmt08426989
IRS990/LegalDomicileStateCd0FL
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt097156
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt097156
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029531
IRS990/OfficeExpensesGrp/ProgramServicesAmt04245
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037264
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0269293
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IRS990/OtherExpensesGrp/Desc1SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02981
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14522
IRS990/OtherExpensesGrp/ProgramServicesAmt0541590
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IRS990/OtherExpensesGrp/ProgramServicesAmt3245244
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IRS990/OtherExpensesGrp/TotalAmt1344698
IRS990/OtherExpensesGrp/TotalAmt2307778
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0357251
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0246740
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01863414
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021707
IRS990/PayrollTaxesGrp/ProgramServicesAmt0163938
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IRS990/PensionPlanContributionsGrp/FundraisingAmt07886
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05446
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt041131
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IRS990/PrincipalOfficerNm0FRANCES M ESPOSITO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0VOLUNTEER SERVICES: ANNUALLY APPROXIMATELY 4,000 COMMUNITY VOLUNTEERS PROVIDE OVER 9,300 SERVICE HOURS VALUED AT 220,000 TO THE FACILITY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05139810
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IRS990/PYInvestmentIncomeAmt024203
IRS990/PYOtherExpensesAmt02368515
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IRS990/PYSalariesCompEmpBnftPaidAmt03461095
IRS990/PYTotalExpensesAmt05829610
IRS990/PYTotalRevenueAmt05160866
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-233966
IRS990/RegularMonitoringEnfrcInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$4.11$10.1$15.7$15.7$0.08
2023Summary only. Only limited summary data is available for this year.$13.7$4.01$9.72$14.6$14.2$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$3.66$9.29$14.5$13.5$0.97
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$2.94$8.89$15.1$13.2$1.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.80$2.89$6.90$12.5$12.6$0.07
2019Summary only. Only limited summary data is available for this year.$8.56$1.65$6.91$9.98$9.62$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$0.83$6.50$7.43$7.38$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$0.64$6.47$6.94$6.72$0.23
2016Detailed filing. Detailed filing data is available for this year.$6.53$0.37$6.16$5.91$6.14$0.23
2015Detailed filing. Detailed filing data is available for this year.$6.84$0.52$6.32$5.16$5.83$0.67
2014Detailed filing. Detailed filing data is available for this year.$7.32$0.30$7.02$5.21$5.57$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.56$0.21$7.35$5.21
2012Summary only. Only limited summary data is available for this year.$7.73$0.18$7.55$4.75$5.00$0.25
2011Summary only. Only limited summary data is available for this year.$8.04$0.27$7.77$5.65$4.89$0.76
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $5M-$10M nonprofits