Parents Foundation For Transitional Living Inc
- Assets
- $1.8m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 53
- Location
- New Haven, CT
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 06-1308203
Organization Overview
Parents Foundation For Transitional Living Inc is located in New Haven, CT. The organization was established in 1991. As of 12/2022, Parents Foundation For Transitional Living Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parents Foundation For Transitional Living 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 12/2022, Parents Foundation For Transitional Living Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF PFTL IS TO PROVIDE, ON A NOT-FOR-PROFIT BASIS, TRANSITIONAL LIVING FACILITIES AND LONG TERM, PERMANENT, SUPPORTED HOUSING FOR PERSONS WITH CHRONIC PSYCHIATRIC ILLNESSES, TO PROMOTE GREATER PUBLIC UNDERSTANDING OF MENTAL ILLNESS AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR MENTAL HEALTH PRACTITIONERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS THE FOLLOWING PROGRAM SERVICES:1) RESIDENTIAL LIVING CENTER - THE GROUP HOME CONSISTS OF A FIFTEEN BED STATE LICENSED FACILITY, WHICH IS LOCATED IN THE ORGANIZATION'S MAIN BUILDING. RESIDENTS RECEIVE TWENTY-FOUR HOUR STAFF SUPERVISION, MEDICATION MONITORING AND CASE MANAGEMENT.2) SUPERVISED APARTMENT - THE APARTMENTS ARE A NON-LICENSED FACILITY ALSO LOCATED IN THE ORGANIZATION'S MAIN BUILDING, WHICH HAS SPACE FOR UP TO FIFTEEN RESIDENTS. THE GOAL OF THE APARTMENT PROGRAM IS TO EMPOWER THE RESIDENTS AND ENCOURAGE SKILL BUILDING IN AN INDEPENDENT LIVING ENVIRONMENT SUCH AS COOKING AND CLEANING. RESIDENTS IN THIS RESIDENCE ARE ENCOURAGED TO TAKE A MAJOR ROLE IN PLANNING, ORGANIZING AND LEADING ACTIVITIES.3) INDEPENDENT CARE PROGRAM - UPON DISCHARGE FROM THE GROUP HOME OR APARTMENTS, A FORMER RESIDENT MAY STILL RECEIVE CASE MANAGEMENT AND OTHER SUPPORT SERVICES WHILE RESIDING OUTSIDE THE FACILITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Fournier Executive Director | Officer | 40 | $220,716 |
Keren Clarizio Dir Of Finance And Operati | Officer | 40 | $132,016 |
Michael Vollmar MD Treasurer | OfficerTrustee | 1 | $0 |
Peter Lampke Vice Chair | OfficerTrustee | 1 | $0 |
Monica Mckay Chairperson | Trustee | 1 | $0 |
Princess Hyatt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,807 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,411 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,218 |
| Total Program Service Revenue | $2,301,288 |
| Investment income | $6,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,186 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,358,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $389,950 |
| Compensation of current officers, directors, key employees. | $255,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,105,017 |
| Pension plan accruals and contributions | $17,636 |
| Other employee benefits | $105,284 |
| Payroll taxes | $147,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,901 |
| Fees for services: Accounting | $24,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,883 |
| Advertising and promotion | $16,183 |
| Office expenses | $34,167 |
| Information technology | $9,148 |
| Royalties | $0 |
| Occupancy | $194,844 |
| Travel | $1,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,040 |
| Interest | $16 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,614 |
| Insurance | $69,598 |
| All other expenses | $5,995 |
| Total functional expenses | $2,394,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,783 |
| Savings and temporary cash investments | $630,530 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,988 |
| 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 | $41,501 |
| Net Land, buildings, and equipment | $908,612 |
| Investments—publicly traded securities | $9,651 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,783,065 |
| Accounts payable and accrued expenses | $173,314 |
| Grants payable | $0 |
| Deferred revenue | $39,197 |
| 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 | $212,511 |
| Net assets without donor restrictions | $1,561,059 |
| Net assets with donor restrictions | $9,495 |
| 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 | $1,783,065 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parents Foundation For Transitional Living Inc has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Alvan G And Carol J Lampke Family Foundation Eastham, MA PURPOSE: GENERAL SUPPORT | $15,000 |
Hagani Foundation Woodbridge, CT PURPOSE: FAMILY SERVICES | $1,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transitional Services Inc Buffalo, NY | $9,309,378 | $17,853,273 |
Refocus Inc Providence, RI | $12,657,965 | $15,791,441 |
Reliance Health Inc Norwich, CT | $5,093,297 | $14,005,308 |
Newport County Community Mental Health Center Inc Middletown, RI | $4,640,257 | $13,986,361 |
Housing Options & Geriatric Association & Resources Inc Bronx, NY | $5,301,194 | $8,395,552 |
Transitional Services Of New York For Long Island Inc Brentwood, NY | $13,138,198 | $9,133,900 |
Central Naugatuck Valley Help Incorporated Waterbury, CT | $974,128 | $4,402,652 |
Keystone House Inc Norwalk, CT | $1,760,341 | $2,848,625 |
Pathways Inc Greenwich, CT | $9,611,501 | $2,517,120 |
Bridgemark Inc Warwick, RI | $4,343,495 | $2,468,303 |
Parents Foundation For Transitional Living Inc New Haven, CT | $1,783,065 | $2,358,814 |
Domus Incorporated Westfield, MA | $7,172,325 | $936,305 |