Family Resource Center of South Florida Inc
Nonprofit profile at a glance
- EIN
- 591788265
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Miami, FL, USA
- Phone
- 3053746006
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Abuse, Prevention
Reported finances
- Revenue
- $12,820,790
- Expenses
- $12,710,537
- Assets
- $5,405,929
- Liabilities
- $2,534,017
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- OREN WUNDERMAN PHD (EXECUTIVE DIRECTOR/CEO)
Highest reported compensation
- OREN WUNDERMAN PHD (EXECUTIVE DIRECTOR/CEO): $274,080 total reported compensation
- KIM SPROUSE (CHIEF FINANCIAL OFFICER): $186,344 total reported compensation
- IDANIA LEMUS (DIR. OF COMMUNITY RELATIONS): $134,732 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Family resource center of south Florida, inc prevention and treatment of child abuse and neglect through the strengthening of families. Respectfully treat, rehabilitate and mentor troubled families through comprehensive, responsive care. To keep families together, where appropriate, and strengthen loving ties to the family and community.
What it reported doing in 2024
Full case management - provides all services to children in the dependency program. These services include overseeing all their transportation, medical, dental and education needs as well as working towards reunification with their parents or permanent placements for those whose parents have had their parental rights terminated. This program served 1,180 clients and had 76 clients adopted.
Operating model
- Revenue model
- Grant-funded. 96% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- 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. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 79
- Accountability: 96
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 89.4%; rating input score 89
- Fundraising efficiency: $93.35 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.9%; rating input score 93; 25th 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: 0.9%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: -1.3% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 9th percentile among comparable filings
- Asset growth: 7.9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 88.6% of revenue deployed · 89.4% of spending went to programs
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $11.4M in reported program spending
- Leadership: top reported pay $274K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $378K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.