Family Resource Associates Inc is located in Red Bank, NJ. The organization was established in 1980. 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 06/2022, Family Resource Associates Inc employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Resource Associates 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 06/2022, Family Resource Associates Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 3.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY RESOURCE ASSOCIATES' (FRA) MISSION IS HELPING CHILDREN, ADOLESCENTS AND PEOPLE OF ALL AGES WITH DISABILITIES TO REACH THEIR FULLEST POTENTIAL, CONNECTING THEM TO INDEPENDENCE THROUGH THERAPIES AND ADVANCED TECHNOLOGIES. FRA REMAINS COMMITTED TO FAMILIES & SIBLINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFANT INTERVENTION PROGRAM - WEEKLY SERVICES INFANTS BORN WITH DEVELOPMENTAL DISABILITIES, WHO ARE BIRTH TO THREE YEARS OLD. REFERRALS HAVE INCREASED BUT WITH STAFFING SHORTAGES, A WAIT LIST HAS EXISTED IN THE STATE ALL YEAR. SLOWLY, ENROLLMENT IS INCREASING BUT REMAINS 30% LOWER THAN PRE-PANDEMIC LEVELS. OUR COMMITTED TEAM OF HIGHLY QUALIFIED PROFESSIONALS INCLUDING: SPEECH AND OCCUPATIONAL THERAPISTS, EDUCATORS, SOCIAL WORKERS, AND BEHAVIORISTS, ARE TEACHING FAMILIES AND CARE-GIVERS HOW TO STIMULATE AND IMPROVE THE CHILD'S DEVELOPMENTAL ABILITIES. CHILDREN WITH DEVELOPMENTAL DISABILITIES LIKE AUTISM, DOWN SYNDROME, CP, AND PREMATURITY AS WELL AS THOSE WITH HEARING OR VISION IMPAIRMENTS AND SPEECH DELAYS ARE HELPED TO GROW AND LEARN.
EMPLOYABILITY SERVICES ARE SUCCESSFULLY ENGAGING PEOPLE WITH EMPLOYMENT CHALLENGES TO OBTAIN AND MAINTAIN RELEVANT AND MEANINGFUL WORK. EMPLOYEES ARE HIGHLY QUALIFIED AND TRAINED FOR UNMATCHED JOB DEVELOPMENT,JOB COACHING,AND LONG TERM FOLLOW ALONG SERVICES. HIGH SCHOOL TRANSITION SERVICES ARE AVAILABLE. THE NEW JOB CLUB HAS GROWN TO SUPPORT BOTH OUR EMPLOYED AND/OR JOBLESS WORKERS AS WELL AS OUR JOB SEEKERS. ATTENDANCE REMAINS STRONG WITH GUEST SPEAKERS WHO SHARE THEIR EMPLOYMENT/CAREER JOURNEYS, SUGGESTIONS FOR EMPLOYMENT STRATEGIES AND SKILL RETAINMENT/DEVELOPMENT. OUR MONMOUTH MEDICAL CENTER PROJECT SEARCH INTERNS REMAIN ACTIVE AND INTERNING IN THE HOSPITAL. THIS THIRD YEAR HAS PROVEN TO BE VERY SUCCESSFUL FOR THE HOSPITAL COMMUNITY AS WELL. MOST OF THIS YEAR'S GRADUATES ARE ALREADY EMPLOYED.
TECHCONNECTION - OFFERS AN ASSISTIVE TECHNOLOGY COMPUTER CENTER OPEN TO THE PUBLIC, SERVING PEOPLE OF ALL AGES, BIRTH TO GERIATRICS, WHO HAVE DEVELOPMENTAL OR ACQUIRED DISABILITIES AS A RESULT OF BIRTH DEFECTS, ACCIDENT, ILLNESS, INJURY OR AGING. THE INCREASED USE OF TECHNOLOGY, IPADS AND TABLETS HAS INCREASED A SHIFT POST PANDEMIC WITH FEWER PEOPLE VISITING TO TRY OUT DEVICES, SOFTWARE AND MATERIALS. THE FIELD IS CHANGING WITH MORE RESOURCES EASILY ACCESSIBLE AT HOME. COMPUTER TRAINING CLASSES ARE AVAILABLE TO THE PUBLIC INCLUDING MODIFIED EDUCATIONAL CLASSES, FOR ADULTS WITH DISABILITIES TO MAINTAIN AND BUILD EDUCATIONAL SKILLS AND GAIN PRE-VOCATIONAL SKILLS, IN OUR TWO FACILITIES IN RED BANK AND BRICK, NJ. WELLNESS CLASSES ARE ALSO OFFERED AND ALL HAVE RETURNED TO IN-CLASS AS OF JUNE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Phalanukorn Executive Director | 40 | $92,320 | |
John Feeney Treasurer | OfficerTrustee | 2 | $0 |
Michael Bell Vice President | OfficerTrustee | 2 | $0 |
Allan Proske Past President | OfficerTrustee | 2 | $0 |
William Sheeser Past President | OfficerTrustee | 2 | $0 |
Christopher Curcia President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,144,884 |
All other contributions, gifts, grants, and similar amounts not included above | $296,824 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,441,708 |
Total Program Service Revenue | $1,070,098 |
Investment income | $1,594 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $56,046 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,898,148 |
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. | $92,320 |
Compensation of current officers, directors, key employees. | $18,464 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,579,612 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $144,234 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,071 |
Office expenses | $34,743 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,800 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $33,163 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $76,023 |
Insurance | $54,441 |
All other expenses | $44,782 |
Total functional expenses | $2,278,396 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $217,511 |
Savings and temporary cash investments | $914,164 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $71,033 |
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 | $8,407 |
Net Land, buildings, and equipment | $2,217,528 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,428,643 |
Accounts payable and accrued expenses | $14,768 |
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 | $14,768 |
Net assets without donor restrictions | $3,053,383 |
Net assets with donor restrictions | $360,492 |
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 | $3,428,643 |
Over the last fiscal year, we have identified 4 grants that Family Resource Associates Inc has recieved totaling $212,500.
Awarding Organization | Amount |
---|---|
Plangere Foundation Inc Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $160,000 |
Kessler Foundation Inc East Hanover, NJ PURPOSE: Community Employment | $35,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
Oceanfirst Foundation Toms River, NJ PURPOSE: GENERAL OPERATING/FLEXIBLE SUPPORT GRANT | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Everas Community Services Inc Somerset, NJ | $31,405,785 | $23,760,269 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Handicapped Childrens Association Of Southern New York Inc Johnson City, NY | $15,724,051 | $20,449,293 |
Southern Tier Independence Center Inc Binghamton, NY | $11,429,557 | $17,107,173 |
Rockland Independent Living Center Inc West Nyack, NY | $7,082,649 | $18,562,000 |
New York Association On Independent Living Albany, NY | $7,790,174 | $16,532,510 |
Coalition For The Homeless Inc New York, NY | $43,159,669 | $27,848,334 |
Lesbian And Gay Community Services Center Inc New York, NY | $32,292,978 | $15,100,688 |
Good Family Support Services Inc Philadelphia, PA | $20,002,576 | $19,632,400 |