Hispanic Family Center of Southern New Jersey Inc

Nonprofit profile at a glance

EIN
222126370
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Camden, NJ, USA
Phone
8565416985
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ethnic, Immigrant Centers

Official website

Reported finances

Revenue
$4,180,164
Expenses
$4,456,041
Assets
$3,457,989
Liabilities
$944,361

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • MICHAEL ACEVEDO (FORMER CEO)
  • LORI DELGADO (Vice President)
  • ANN BAGCHI (President)

Highest reported compensation

  • MICHAEL ACEVEDO (FORMER CEO): $121,850 total reported compensation
  • TODD SILVERSTEIN (FINANCE DIRECTO): $98,023 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Social services and advocacy - the hispanic family center's mission is to provide the community with a broad range of culturally relevant social services and advocacy.

What it reported doing in 2024

The Hispanic Family Center of Southern NJ (HFC) serves approximately 10,000 individuals each year with a cadre of bilingual health and social services programs provided by multicultural staff across multiple NJ counties. The Family Counseling Clinic offers members of the community access to therapeutic services and health education delivered by clinicians, therapists, and counselors who are specifically trained to work with individuals who have mental illness or substance use disorders, in addition to youth substance use prevention services, pediatric asthma interventions and risk-reduction case management, and health navigation. The Family Resource Center unit offers a robust array of services designed to empower individuals and promote and encourage self-sufficiency. This is achieved through a variety of services including: comprehensive counseling and supportive services for survivors of domestic violence and/or sexual assault; workforce-development services including: English as Second Language/Civics; job placement and training programs; a CARE program that provides education to the most vulnerable workers (i.e. low-income, immigrant, refugee, veteran, and youth workers) to increase awareness of and equitable access to the rights and benefits they are entitled to employees of NJ businesses; and Women in IT, a specialized certificate program that prepares survivors of domestic and sexual violence to achieve an industry recognized credential in the Information Technology field in an effort to create opportunities for life-long careers that help build a pathway to earning higher wages, job stability and empowerment; heating/cooling energy assistance; and family-focused services within two Family Success Centers that are embedded in the community to serve as a welcoming, home-like setting that reflects its community, engages its residents and offers direct services, activities and resources that promote family well-being and empowerment.

Operating model

Revenue model
Grant-funded. 71% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 86
  • Accountability: 42
  • Sustainability: 28
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 92.6%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: -6.6%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: -6.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 98.8% of revenue deployed · 92.6% of spending went to programs
  • Governance: 0 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.1M in reported program spending
  • Leadership: top reported pay $122K · 11 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.