Glades Initiative Inc
- Assets
- $3.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 19
- Location
- Belle Glade, FL
- Founding
- 11/2002
- Data as of
- 09/2023
- EIN
- 01-0733180
Organization Overview
Glades Initiative Inc is located in Belle Glade, FL. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 09/2023, Glades Initiative Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glades Initiative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Glades Initiative Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.0m during the year ending 09/2023. While expenses have increased by 15.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Glades Initiative Inc has awarded 13 individual grants totaling $189,254. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GLADES INITIATIVE IS TO IMPROVE THE COORDINATION AND EFFECTIVENESS OF THE HEALTH AND HUMAN SERVICE DELIVERY SYSTEM IN THE GLADES AREA OF PALM BEACH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORK OF THE GLADES INITIATIVE TARGETS BOTH SERVICE PROVIDERS AND RESIDENTS OF THE GLADES COMMUNITIES BY INVESTIGATING SERVICE DELIVERY BARRIERS TO HEALTH AND HUMAN SERVICES, DEVELOPING STRATEGIES TO OVERCOME THOSE OBSTACLES AND IMPLEMENTING EFFECTIVE STRATEGIES. SOME OF OUR SERVICES TARGET PROVIDERS THROUGH INCREASED COLLABORATION AND COMMUNICATION, SUCH AS CULTURALLY APPROPRIATE TRAININGS, MEDICAL INTERPRETER TRAINING, NETWORKING MEETINGS FOR IDENTIFIED NEEDS, THE GLADES AREA RESOURCE GUIDE, GLADES COMMUNITY UPDATES, A WEEKLY EMAIL COMMUNICATION, WEB-BASED COMMUNITY CALENDAR AND ADVOCACY, WHILE OTHER SERVICES BENEFIT RESIDENTS DIRECTLY, THROUGH OUR BILINGUAL COMMUNITY RESOURCE EDUCATORS, WHO ASSIST RESIDENTS, WITH LIMITED ENGLISH, LOW LITERACY, AND LIMITED OR NO ACCESS TO COMPUTERS IN RECEIVING SERVICES. GLADES INITIATIVE EXPECTS TO INCREASE ACCESS TO SERVICES AND INFORMATION, REDUCE THE BARRIERS TO HEALTH AND HUMAN SERVICES, IMPACT MORE EFFECTIVE SERVICE PROVISION, AND INCREASE SERVICES TO RESIDENTS, RESULTING IN A HEALTHIER MORE PRODUCTIVE COMMUNITY. FOR MORE DETAILED PROGRAM INFORMATION SEE ATTACHED SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlene Ford Chair | OfficerTrustee | 1 | $0 |
Jim Springer Vice Chair | OfficerTrustee | 1 | $0 |
Derrek Moore Treasurer | OfficerTrustee | 1 | $0 |
Irene Figueroa Secretary | OfficerTrustee | 1 | $0 |
Laura Barry Board Member | Trustee | 1 | $0 |
Fenel Conserve Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $260,840 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $233,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,932,363 |
| Noncash contributions included in lines 1a–1f | $812,297 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,426,703 |
| Total Program Service Revenue | $35,626 |
| Investment income | $24,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,487,031 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,578 |
| Grants and other assistance to domestic individuals. | $25,569 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,849 |
| Compensation of current officers, directors, key employees. | $32,087 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,972 |
| Pension plan accruals and contributions | $22,004 |
| Other employee benefits | $13,601 |
| Payroll taxes | $55,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,000 |
| Fees for services: Accounting | $6,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,546 |
| Advertising and promotion | $0 |
| Office expenses | $47,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,098 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,472 |
| Insurance | $26,022 |
| All other expenses | $42,591 |
| Total functional expenses | $2,021,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,617,573 |
| Savings and temporary cash investments | $1,296,501 |
| Pledges and grants receivable | $74,787 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,987 |
| Net Land, buildings, and equipment | $865,294 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,874,142 |
| Accounts payable and accrued expenses | $54,423 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,423 |
| Net assets without donor restrictions | $3,424,719 |
| Net assets with donor restrictions | $395,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,874,142 |
Grants Awarded
Over the last fiscal year, Glades Initiative Inc has awarded $57,667 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DOT & RUBY'S HELPING HANDS PURPOSE: Food for needy | $16,435 |
THE GOSPEL PRAYER BAND CHURCH OF JESUS CHRIST PURPOSE: Food for needy | $21,682 |
CL BRUMBACK CENTER PURPOSE: Food for needy | $8,131 |
FARMWORKER COORD COUNCIL PURPOSE: Food for needy | $5,423 |
LIGHTHOUSE CAF PURPOSE: Food for needy | $5,996 |