Foundation For Independent Living Inc
- Assets
- $1.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 49
- Location
- Coconut Creek, FL
- Founding
- 02/1987
- Data as of
- 12/2021
- EIN
- 59-2656932
Organization Overview
Foundation For Independent Living Inc is located in Coconut Creek, FL. The organization was established in 1987. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. As of 12/2021, Foundation For Independent Living Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Independent 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 12/2021, Foundation For Independent Living Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION FOR INDEPENDENT LIVING, INC. FOCUSES ON THE WELFARE OF INDIVIDUALS EIGHTEEN (18) YEARS OF AGE AND OLDER WITH INTELLECTUAL DISABILITIES WHO ARE CAPABLE OF LIVING INDEPENDENTLY WITH PROFESSIONAL ASSISTANCE AND GUIDANCE. THE FOUNDATION PROVIDES AN OPPORTUNITY FOR INDIVIDUALS TO LIVE APART FROM THEIR FAMILIES WHILE ENCOURAGING THEM TO OBTAIN THEIR HIGHEST LEVEL OF INDEPENDENCE. THESE OPPORTUNITIES ARE PROVIDED BY PROGRAMMATICALLY OFFERING A COMMUNITY BASED ENVIRONMENT DESIGNED TO ENCHANCE OPPORTUNITIES FOR GROWTH AND MAXIMIZING INDIVIDUALS' STRENGTHS. THE FOUNDATION WAS CREATED TO ASSIST EACH INDIVIDUAL IN LIVING AS INDEPENDENT A LIFESTYLE AS POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 SAW FIL ADD THREE NEW RESIDENTS BRINGING OUR CENSUS TO 59. WE SUCCESSFULLY NAVIGATED THE ONGOING CHALLENGES OF COVID-19 WHILE CONTINUING TO PROVIDE OPTIMAL PROGRAMS AND SERVICES BOTH IN-PERSON AS WELL AS MOVING SOME SERVICES TO A VIRTUAL MODEL WHILE SIMULTANEOUSLY IMPROVING OUR RESIDENTS ACUMEN. WE DOUBLED DONATIONS, HELD OUR MOST SUCCESSFUL GIVING TUESDAY EVENT TO DATE, AND UTILIZED A GRANT TO OPEN OUR OWN FITNESS CENTER. FIL HIRED A MANAGER OF ENRICHMENT SERVICES IN ORDER TO PROVIDE ENHANCED PROGRAMS AND SERVICES FOR OUR RESIDENTS. INTERNALLY WE IMPLEMENTED A VARIETY OF POLICIES INTENDED TO CONTINUE IMPROVING OUR PROCESSES AND CONTROLS, INCLUDING THE FORMATION OF A BOARD FINANCE COMMITTEE. FINALLY, FIL HELD THE FIRST STRATEGIC PLANNING PROCESS IN AGENCY HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Jacoby Executive Director | Officer | 40 | $150,000 |
P Jeffrey Leck Treasurer | Officer | 2 | $0 |
Danny Simon Secretary | Officer | 2 | $0 |
Charles Mishner President | Officer | 2 | $0 |
Steve Bederman Chairman | Officer | 2 | $0 |
Tiffanie Bederman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $261,172 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $604,107 |
| Total Program Service Revenue | $1,637,135 |
| Investment income | $9,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,267,283 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,056,882 |
| Pension plan accruals and contributions | $11,559 |
| Other employee benefits | $112,388 |
| Payroll taxes | $77,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,243 |
| Fees for services: Accounting | $2,219 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,507 |
| Office expenses | $27,460 |
| Information technology | $33,964 |
| Royalties | $0 |
| Occupancy | $94,493 |
| Travel | $0 |
| 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 | $12,106 |
| Insurance | $22,905 |
| All other expenses | $273,488 |
| Total functional expenses | $2,032,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $510,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,137 |
| 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 | $77,610 |
| Net Land, buildings, and equipment | $44,666 |
| Investments—publicly traded securities | $806,938 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,316 |
| Total assets | $1,527,386 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $89,115 |
| 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 | $238,874 |
| Total liabilities | $327,989 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,199,397 |
| Total liabilities and net assets/fund balances | $1,527,386 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foundation For Independent Living Inc has recieved totaling $62,303.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $60,000 |
Oxman Fagl L & Ronald G Charitable Fund Trust St Petersburg, FL PURPOSE: CONTRIBUTION | $2,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family First Inc Tampa, FL | $2,972,465 | $5,250,838 |
The National Center For Life And Liberty Inc Clearwater, FL | $4,068,680 | $2,574,581 |
Foundation For Independent Living Inc Coconut Creek, FL | $1,527,386 | $2,267,283 |
Voices For Georgias Children Inc Atlanta, GA | $2,409,604 | $1,880,470 |
The Florida Center For Children And Youth Inc Tallahassee, FL | $1,101,816 | $1,660,989 |
Hollyjolly Foundation Inc Palm Beach, FL | $29,254,156 | $2,332,419 |
Southeast Alabama Child Advocacy Center Dothan, AL | $1,370,005 | $901,832 |
Cetera Inc Saint Petersburg, FL | $326,299 | $823,147 |
Pregnant Choices Evans, GA | $655,672 | $604,925 |
Iam Health And Wellness Inc Decatur, GA | $10,135 | $210,687 |
Florida State Guardianship Association Inc Palm City, FL | $200,013 | $221,158 |
Morning After Center For Hope And Healing Inc Winter Garden, FL | $37,816 | $185,414 |