Adopt-A-Family of the Palm Beaches Inc

What it reported doing in 2024

Senator Philip D. Lewis Homeless Resource Center (HRC)The Organization is a partner agency of Palm Beach County's Homeless Resource Center (HRC), which opened in 2012. The HRC serves as Palm Beach County's "front door" for access to homeless services. The Organization operates the family division and provides homeless families with assessments, case management, access to mainstream resources, vital shelter and housing services, and permanent housing. The HRC family division receives funding from multiple sources, including Palm Beach County, HUD, private foundations, and partnering agencies. Over 7499 calls were received by the HRC family division resulting in 2259 individuals, of whom, (Continues on Schedule O) 873 were adults and 1386 were children, receiving services during the fiscal year. 84% of families who were housed by the HRC maintained stable housing after one year as evidenced by not re-entering the homeless system.Connecting Youth to Opportunities (CYTO)CYTO is a Rapid Re-Housing program for families experiencing homelessness, whose head of household must be 18 to 24 years old at program entry. The program is one of the HUD-funded programs administered out of the HRC. The program offers intensive case management and supportive services to all residents, as well as a declining rental subsidy to assist clients while they work toward being able to sustain their housing costs independently. A total of 25 families, or 64 individuals, received services and 60% of the families participating in the program increased or maintained their income during the fiscal year.Connecting Youth to Opportunities 2 (CYTO 2)CYTO 2 is a Rapid Re-Housing program for families experiencing homelessness, whose head of household must be 18 to 24 years old at program entry. The program is one of the HUD-funded programs and is administered out of the HRC. The program offers intensive case management and supportive services to all participants, as well as a declining rental subsidy to assist clients while they work toward being able to sustain their housing costs independently. A total of 27 families, or 75 individuals, received services and 78% of the families participating in the program increased or maintained their income during the fiscal year.Youth Establishing Stability (YES)YES is a Permanent Supportive Housing program for families experiencing homelessness, whose head of household must be 18 to 24 years old at program entry and must have a disability of long duration. This is one of the HUD-funded programs administered out of the HRC. The program offers intensive case management and supportive services to all 40 individuals. 82% of participating families remained stably housed during the fiscal year.

Financial Efficiency

• Mission deployment rate: 82.1%; rating input score 82
• Program expense ratio: 86.1%; rating input score 86
• Fundraising efficiency: $12.82 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5.1%; rating input score 54; 54th percentile among comparable filings
• Total-asset coverage ratio: 1.6; rating input score 54; 54th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

• Program expense growth: 7.1% per year; rating input score 100; 56th percentile among comparable filings
• Revenue growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
• Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings