Family Renew Community Inc
- Assets
- $1.5m
- Revenue
- $664.7k
- Investments
- $0.0
- Employees
- 16
- Location
- Holly Hill, FL
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 59-2971766
Organization Overview
Family Renew Community Inc is located in Holly Hill, FL. The organization was established in 1990. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Family Renew Community Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Renew Community 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, Family Renew Community Inc generated $664.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $834.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY RENEW COMMUNITY (FRC) OPERATES A RESIDENTIAL RESTORATION PROGRAM FOR HOMELESS FAMILIES WITH CHILDREN WHO ARE EMPLOYED OR EMPLOYABLE AND HELP THEM OVERCOME THE BARRIERS AND CHALLENGES THEY FACE FOR SELF-SUFFICIENCY. WE NETWORK WITH OTHER LOCAL AGENCIES AND GROUPS TO ADDRESS WHATEVER ISSUES ARE IDENTIFIED. OUR PROGRAM IS DRUG AND ALCOHOL FREE AND FAMILIES ARE REQUIRED TO WORK AND SAVE TOWARDS THEIR OWN HOUSING. FAMILIES EXITING OUR PROGRAM ARE PROVIDED ACCESS TO AFTERCARE CASE MANAGEMENT SERVICES TO HELP THEM MAINTAIN STABLE HOUSING. FRC'S PROGRAM HAS ALSO BEEN EXPANDED TO INCLUDE THE AVAILABILITY OF HOMELESS PREVENTION SERVICES ENCOMPASSING CASE MANAGEMENT SUPPORT AND LIMITED RENTAL MORTGAGE AND UTILITY FINANCIAL ASSISTANCE. THE PURPOSE OF THESE ADDITIONAL SERVICES, IS TO TRY AND ASSIST, FAMILIES WITH CHILDREN WHO ARE AT RISK OF HOMELESSNESS TO REMAIN IN THEIR EXISTING HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRC OPERATES 3 RESIDENTIAL RESTORATION PROGRAM CAMPUSES FOR HOMELESS FAMILIES WITH CHILDREN. THE HOLLY HILL CAMPUS HAS 14 ONE-BEDROOM COTTAGES, THE DAYTONA BEACH CAMPUS HAS A TWO-STORY APARTMENT BUILDING WITH 10 ONE-BEDROOM APARTMENTS AND 1 TWO-BEDROOM APARTMENT, AND THE DELAND CAMPUS HAS A TWO-STORY APARTMENT BUILDING WITH 4 ONE-BEDROOM APARTMENTS AND 3 TWO-BEDROOM APARTMENTS. ALL 32 APARTMENTS ARE FURNISHED THROUGHOUT BY THE THRIFT STORE, AND FAMILIES ARE PERMITTED TO TAKE MOST OF THEIR FURNITURE WITH THEM AT NO COST WHEN THEY EXIT THE PROGRAM. CLOTHING IS PROVIDED TO ALL MEMBERS OF OUR FAMILIES WHEN THEY ARRIVE AND BASED ON THEIR NEED WHILE IN THE PROGRAM. FAMILIES MUST ALSO APPLY FOR FOOD STAMPS AND SUPPLEMENTAL FOOD PANTRIES ARE MAINTAINED ON ALL THREE CAMPUSES. FAMILIES ARE PERMITTED TO STAY IN THE PROGRAM UP TO 18 MONTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Rademacher President, Until 11/17/2022 | OfficerTrustee | 1 | $0 |
Diana Janzen President, As Of 11/17/2022 | OfficerTrustee | 1 | $0 |
Colin Gray Treasurer, Until 11/17/2022 | OfficerTrustee | 1 | $0 |
Sherri Rummel-Hawk Secretary | OfficerTrustee | 1 | $0 |
Kendall Hamlin Treasurer, As Of 11/17/2022 | OfficerTrustee | 1 | $0 |
Amanda Craig At-Large Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $70,881 |
| Membership dues | $0 |
| Fundraising events | $99,499 |
| Related organizations | $0 |
| Government grants | $51,599 |
| All other contributions, gifts, grants, and similar amounts not included above | $569,277 |
| Noncash contributions included in lines 1a–1f | $254,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $791,256 |
| Total Program Service Revenue | $0 |
| Investment income | $8,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,190 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$235,601 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $664,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $36,022 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,834 |
| Compensation of current officers, directors, key employees. | $36,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $272,778 |
| Pension plan accruals and contributions | $3,481 |
| Other employee benefits | $95,411 |
| Payroll taxes | $27,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,344 |
| Office expenses | $34,974 |
| Information technology | $567 |
| Royalties | $0 |
| Occupancy | $76,985 |
| Travel | $1,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $799 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,150 |
| Insurance | $24,612 |
| All other expenses | $0 |
| Total functional expenses | $834,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,346 |
| Savings and temporary cash investments | $215,868 |
| Pledges and grants receivable | $18,692 |
| 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 | $20,520 |
| Prepaid expenses and deferred charges | $39,089 |
| Net Land, buildings, and equipment | $426,180 |
| Investments—publicly traded securities | $468,781 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $150,658 |
| Other assets | $3,278 |
| Total assets | $1,531,412 |
| Accounts payable and accrued expenses | $44,743 |
| 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 | $152,057 |
| Total liabilities | $196,800 |
| Net assets without donor restrictions | $1,315,401 |
| Net assets with donor restrictions | $19,211 |
| 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 | $1,531,412 |