Broward Partnership for the Homeless Inc
Nonprofit profile at a glance
- EIN
- 650777033
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Fort Lauderdale, FL, USA
- Phone
- 9547793990
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Homeless Shelters
Reported finances
- Revenue
- $14,745,610
- Expenses
- $15,136,690
- Assets
- $14,113,047
- Liabilities
- $4,397,998
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
33 people listed
Executive titles in this filing
- TOM RUTHARDT (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- FRANCES M ESPOSITO (CHIEF STRATEGY OFFICER): $321,404 total reported compensation
- TOM RUTHARDT (CHIEF EXECUTIVE OFFICER): $243,993 total reported compensation
- LEISHA AUSTIN (CHIEF FINANCIAL OFFICER): $179,764 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The broward partnership is committed to reducing homelessness by promoting independence and self-worth through advocacy, housing and comprehensive services.
What it reported doing in 2024
Broward partnership fulfills its mission through the operation of two homeless assistance centers and through permanent housing initiatives, including participation in the development of affordable and supportive housing. Bphi operates the central homeless assistance center in fort lauderdale, Florida and the north homeless assistance center in pompano beach, Florida. Services provided include street outreach, emergency shelter, permanent housing interventions, rapid rehousing, case management, nutritious meals, childcare, medical care, mental health and substance use treatment, counseling and educational services, and vocational training and employment assistance to support self-sufficiency and housing stability.
Operating model
- Revenue model
- Grant-funded. 72% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 85
- Accountability: 98
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 85
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: $24.46 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- 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: 96%; rating input score 96; 30th 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: -2.7%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 8.5%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 84.5% of revenue deployed · 82.1% of spending went to programs
- Governance: 24 of 25 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $12.4M in reported program spending
- Leadership: top reported pay $321K · 33 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $1M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.