Hanley Center Foundation Inc
- Assets
- $15.9m
- Revenue
- $6.6m
- Investments
- $2.9m
- Employees
- 86
- Location
- West Palm Beach, FL
- Founding
- 05/2006
- Data as of
- 06/2021
- EIN
- 20-2871945
Organization Overview
Hanley Center Foundation Inc is located in West Palm Beach, FL. The organization was established in 2006. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Hanley Center Foundation Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanley Center Foundation 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 06/2021, Hanley Center Foundation Inc generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $5.3m during the year ending 06/2021. While expenses have increased by 4.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO ELIMINATE ADDICTION THROUGH PREVENTION, ADVOCACY, TREATMENT, AND RECOVERY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED SUBSTANCE USE DISORDER PREVENTION SERVICES TO OVER 70,000 STUDENTS ACROSS 32 FLORIDA COUNTIES, INCLUDING 16 RURAL, UNDERSERVED COUNTIES. OUR PREVENTION PROGRAMS INCLUDED POSTIVE ENVIRONMENTAL STRATEGIES (OVER 100,000 STUDENTS), ACTIVE PARENTING (SERVING OVER 750), ALCOHOL LITERACY, LIFE SKILLS TRAINING, MARIJUANA AND VAPING PREVENTION, AND YOUTH PREVENTION WORKBOOKS WHICH PROMOTE HEALTHY CHOICES FOR K-12 STUDENTS.THROUGH PROJECTS 'COPE AND 'GRASP', THE FOUNDATION CREATED A STRONG SUPPORT SYSTEM FOR LOCAL FAMILIES AFFECTED BY THE OPIOID CRISIS. THE 'LIFESAVER' PROGRAM PROVIDED TREATMENT ACCESS AND RESOURCES TO OVER 500 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Chip James Chair | OfficerTrustee | 7 | $0 |
Michael J Hanley Vice Chair | OfficerTrustee | 7 | $0 |
Gerard A Arsenault Treasurer | OfficerTrustee | 7 | $0 |
Culver Smith III Secretary | OfficerTrustee | 7 | $0 |
Lyanne Azqueta Trustee | Trustee | 7 | $0 |
Marguerite Connelly Trustee | Trustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lyrae Group Llc Consulting | 6/29/17 | $153,045 |
Cornerstone Realty Construction | 6/29/17 | $142,534 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,190,391 |
| Investment income | $191,153 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,081,310 |
| Net Income from Fundraising Events | $168,251 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,634,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $430,056 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $709,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,432,197 |
| Pension plan accruals and contributions | $71,040 |
| Other employee benefits | $227,970 |
| Payroll taxes | $226,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,514 |
| Fees for services: Accounting | $20,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,518 |
| Fees for services: Other | $381,034 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $180,817 |
| Travel | $32,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $34,921 |
| All other expenses | $0 |
| Total functional expenses | $5,255,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,469,625 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $881,774 |
| 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 | $54,092 |
| Investments—publicly traded securities | $10,362,716 |
| Investments—other securities | $2,868,316 |
| Investments—program-related | $0 |
| Intangible assets | $18,204 |
| Other assets | $90,199 |
| Total assets | $15,883,156 |
| Accounts payable and accrued expenses | $460,001 |
| Grants payable | $0 |
| Deferred revenue | $162,974 |
| 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 | $622,975 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $15,260,181 |
Grants Awarded
Over the last fiscal year, Hanley Center Foundation Inc has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STUDENT ACES INC PURPOSE: SCHOLARSHIP FOR STUDENT ATHLETIC LEAD SHIP PROGRAM | $5,000 |
ORIGINS BEHAVIORAL HEALTHCARE OF FLORIDA LLC PURPOSE: SCHOLARSHIPS FOR TREATMENT | $10,000 |