Presbyterian Communities And Services Foundation
- Assets
- $28.9m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Dallas, TX
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 75-1910084
Organization Overview
Presbyterian Communities And Services Foundation, operating under the name Forefront Living Foundation, is located in Dallas, TX. The organization was established in 1984. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Forefront Living Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forefront Living Foundation 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, Forefront Living Foundation generated $8.1m 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 (5.5%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Forefront Living Foundation has awarded 12 individual grants totaling $36,375,799. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESBYTERIAN COMMUNITIES AND SERVICES FOUNDATION (PCSF) RAISES AND MANAGES CHARITABLE FUNDS TO ASSIST THE MISSION OF THE OTHER NON-PROFIT ENTITIES AND PROGRAMS IN THE PRESBYTERIAN COMMUNITIES AND SERVICES (PCS) FAMILY OF ORGANIZATIONS TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES. PCSF RELIES ON PHILANTHROPY AND FUNDRAISING TO FUND PROJECTS AND SERVICES INDIVIDUALS SERVED BY THE PCS AFFILIATED ENTITIES AND PROGRAMS SUCH AS PRESBYTERIAN VILLAGE NORTH AND FAITH PRESBYTERIAN HOSPICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO GRACE PRESBYTERIAN MINISTRIES, PRESBYTERIAN COMMUNITIES AND SERVICES, AND AFFILIATED ORGANIZATIONS TO PROVIDE BENEVOLENT ASSISTANCE TO PATIENTS, DEVELOP OF NEW SERVICES, PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS.
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO PRESBYTERIAN VILLAGE NORTH, AND AFFILIATED ORGANIZATIONS FOR THE DEVELOPMENT OF NEW SERVICES, PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS TO THE AFFILIATED ORGANIZATION'S CAMPUS.
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO THE EMPLOYEE GRANT ASSISTANCE FUND AND PATIENTS FOR FINANCIAL HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tena Burley Executive Director - Flf/s | Officer | 40 | $150,581 |
Russ Coleman Chairman | OfficerTrustee | 1 | $0 |
Tim Mallad Chief Executive Officer | Officer | 5 | $0 |
Steven Ailey Cfo/treasurer | Officer | 5 | $0 |
Andy Kaye Walsh Trustee | Trustee | 1 | $0 |
A Dean Castillo Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $435,125 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,661,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,096,481 |
| Total Program Service Revenue | $0 |
| Investment income | $559,718 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $360,751 |
| Net Income from Fundraising Events | -$47,966 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,058,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,204,902 |
| Grants and other assistance to domestic individuals. | $19,933 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,581 |
| Compensation of current officers, directors, key employees. | $150,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,475 |
| Pension plan accruals and contributions | $10,813 |
| Other employee benefits | $36,501 |
| Payroll taxes | $39,369 |
| Fees for services: Management | $10,411 |
| Fees for services: Legal | $7,013 |
| Fees for services: Accounting | $20,459 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $57,278 |
| Fees for services: Investment Management | $44,971 |
| Fees for services: Other | $7,918 |
| Advertising and promotion | $24,959 |
| Office expenses | $5,012 |
| Information technology | $38,502 |
| Royalties | $0 |
| Occupancy | $49,869 |
| Travel | $3,667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $454 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $859 |
| Insurance | $96 |
| All other expenses | $0 |
| Total functional expenses | $3,101,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $760,956 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,436,646 |
| 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 | $11,785 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $26,412,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $282,889 |
| Total assets | $28,905,173 |
| Accounts payable and accrued expenses | $49,786 |
| 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 | $535,431 |
| Total liabilities | $585,217 |
| Net assets without donor restrictions | $743,088 |
| Net assets with donor restrictions | $27,576,868 |
| 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 | $28,905,173 |
Grants Awarded
Over the last fiscal year, Presbyterian Communities And Services Foundation has awarded $2,204,902 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: PATIENT BENEVOLENT CARE, BEREAVEMENT AND INTEGRATED THERAPY PROGRAMS, CAPITAL IMPROVEMENTS AND MAINTENANCE, FUND HOSPICE START-UP CASH | $2,069,720 |
Dallas, TX PURPOSE: CAPITAL IMPROVEMENTS AND FUNDING FOR SPECIAL PROGRAMS AND EVENTS | $135,182 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Presbyterian Communities And Services Foundation has recieved totaling $111,491.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $65,241 |
First Presbyterian Church Of Dallas Foundation Dallas, TX PURPOSE: General Support | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,250 |
United Way Of Bergen County Paramus, NJ PURPOSE: DONOR DESIGNATION | $10,000 |
Endowment Analysis
| Beg. Balance | $10,731,027 |
| Net Contributions | $4,764,314 |
| Ending Balance | $15,495,341 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Butterfield Trail Village Incorporated Fayetteville, AR | $73,135,439 | $22,090,800 |
The Tulsa Jewish Community Retirement And Health Care Center Tulsa, OK | $24,377,632 | $17,313,763 |
Glen Retirement System Shreveport, LA | $63,632,764 | $16,204,462 |
St Simeons Episcopal Home Inc Tulsa, OK | $25,094,852 | $15,031,463 |
Texhoma Christian Care Center Inc Wichita Falls, TX | $26,314,068 | $16,288,566 |
Holly Hall Houston, TX | $41,986,863 | $13,201,655 |
El Castillo Retirement Residences Santa Fe, NM | $122,205,602 | $11,771,221 |
Presbyterian Manor Inc Wichita Falls, TX | $39,159,045 | $12,083,758 |
Juliette Fowler Communities Inc Dallas, TX | $15,521,838 | $13,133,118 |
Trinity Village Inc Pine Bluff, AR | $8,362,799 | $10,022,194 |
Somerset Senior Living At Premier Hot Springs, AR | $4,163,438 | $11,521,132 |
Parkway Village Inc Little Rock, AR | $46,357,587 | $10,218,970 |