Embrace Families Inc
- Assets
- $14.0m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 118
- Location
- Maitland, FL
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 45-4292522
Organization Overview
Embrace Families Inc is located in Maitland, FL. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Embrace Families Inc employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Embrace Families 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 06/2023, Embrace Families Inc generated $12.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $12.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EXECUTIVE MANAGEMENT AND ADMINISTRATIVE SERVICES SUPPORTING SAFE AND STABLE FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES TO AFFILIATED NOT-FOR-PROFIT ORGANIZATIONS IN THE AREAS OF EXECUTIVE MANAGEMENT, FINANCE, ACCOUNTING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, FACILITIES, FUND DEVELOPMENT, TRAINING, QUALITY, INFORMATION MANAGEMENT, AND COMMUNITY RELATIONS. BY CENTRALIZING THESE FUNCTIONS, THE ORGANIZATION WILL BE ABLE TO MINIMIZE THESE OVERHEAD COSTS, AS STATED ABOVE, RESULTING IN MORE DOLLARS BEING AVAILABLE FOR SERVICES TO CHILDREN AND FAMILIES.
INTEGRATED HEALTH - INVESTMENT IN PARTNERSHIP TO PROVIDE HIGH-QUALITY INTEGRATED CARE AND SERVICES INCLUDING MENTAL AND PHYSICAL HEALTH FOR CHILDREN IN THE FLORIDA WELFARE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Jackson Chair | OfficerTrustee | 2.5 | $0 |
Greg Barnett Chair Elect | OfficerTrustee | 2.5 | $0 |
Owen Wentworth Director | Trustee | 3.5 | $0 |
Peter Amico Director | Trustee | 3.5 | $0 |
Shawn Smith Director | Trustee | 2.5 | $0 |
Michael Neswold Director | Trustee | 3.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Five Points Technology Group Inc Technology Services | 6/29/23 | $274,677 |
Commission 127 Inc Technology Serevices | 6/29/23 | $136,850 |
Embrace Families Foundation Inc Marketing Services | 6/29/23 | $200,776 |
Treehouse State Driver License Prog Cons | 6/29/23 | $123,364 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $145,277 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,277 |
| Total Program Service Revenue | $8,954,378 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| 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 | $12,194,742 |
| 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. | $1,055,210 |
| Compensation of current officers, directors, key employees. | $1,055,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,177,679 |
| Pension plan accruals and contributions | $187,601 |
| Other employee benefits | $774,307 |
| Payroll taxes | $485,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,096,525 |
| Advertising and promotion | $20,014 |
| Office expenses | $254,234 |
| Information technology | $108,991 |
| Royalties | $0 |
| Occupancy | $884,765 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $151,432 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $226,550 |
| Insurance | $382,345 |
| All other expenses | -$4,496 |
| Total functional expenses | $12,250,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,033,658 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,609,382 |
| 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 | $717,810 |
| Net Land, buildings, and equipment | $1,721,234 |
| Investments—publicly traded securities | $1,052,582 |
| Investments—other securities | $0 |
| Investments—program-related | $811,237 |
| Intangible assets | $21,685 |
| Other assets | $0 |
| Total assets | $13,967,588 |
| Accounts payable and accrued expenses | $1,458,246 |
| Grants payable | $0 |
| Deferred revenue | $495,851 |
| 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 | $1,020,650 |
| Total liabilities | $2,974,747 |
| Net assets without donor restrictions | $10,992,841 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,967,588 |