Senior Friendship Centers Inc
Nonprofit profile at a glance
- EIN
- 591522614
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Sarasota, FL, USA
- Phone
- 9419552122
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $18,809,458
- Expenses
- $18,206,326
- Assets
- $9,194,112
- Liabilities
- $3,000,344
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- ERIN MCLEOD (PRESIDENT/CEO)
Highest reported compensation
- ERIN MCLEOD (PRESIDENT/CEO): $238,821 total reported compensation
- DAVID BLEHAR (CFO/COO): $189,807 total reported compensation
- DECLAN SHEEHY (CHIEF ADVANCEMENT OFFICER): $143,901 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Senior friendship centers, inc. (sfc) was founded in 1974 to reduce isolation & loneliness & to help seniors maintain their independence, preventing premature institutionalization. The mission is to support health, dignity & quality (continued on schedule o) of life on the journey of aging. The organization's myriad of services and programs address the physical, social and emotional needs of the aging population and their families. Internationally renowned senior centers are on the forefront of programming.daily nutritious lunches are offered at neighborhood dining sites. Adult day programs and family caregiving support create a trusted haven during some of the most difficult times in life. Supportive aging programs include home delivered meals, in-home community-based care, and friendship at home. For thousands of older adults, senior friendship centers is there throughout the journey of aging. During the covid pandemic, sfc mobilized and drastically increased the home delivered
What it reported doing in 2024
Supportive aging: case management coordinates the delivery of in-home services to clients in need, promoting self-sufficiency amongst those most at risk of nursing home placement.referrals for sfc and requests for assistance must first go through the elder helpline located within the area agency of southwest Florida (aaa) to be telephone screened and assigned a priority score based on level of need. The case manager will create a care plan based on the needs identified during the in-home assessment. Sfc contracts with approximately 30 local home-health agencies and a food vendor to provide the in-home care including homemaker, personal care, respite, home delivered meals/adult day care (both provided directly by sfc), nursing, medical equipment/supplies, chores, emergency response systems, transportation, home modification and possibly others.services are indefinite until a client can no longer remain safe in their home. Case managers review client needs and care plans as needed, but at least every six months. Case management is provided by senior friendship centers in desoto, lee and sarasota counties. Adult day and caregiving services: senior friendship centers licensed adult day service center, the living room, provides a personal connection, where frail elders and persons living with dementia and alzheimer's disease are seen as more than their challenges. The professionally trained staff gets to know each person to serve their unique needs and help them feel comfortable in their surroundings. This staff of professionals help the family caregiver begin to see their loved one through a fresh lens, rediscovering joy and promise during some of life's toughest challenges with appropriate programming tailored to their needs, exercise, balance, art classes, trivia, singing and so much more! With a staffing ratio of 1:6, each participant is assured personal attention throughout the day. The living room offers stimulating activities such as fun and therapeutic games, music, social engagement, celebrations, discussions, brain fitness, art/pet therapy and more. Recognizing that family caregivers often compromise their own physical and mental health to care for a loved one, senior friendship centers offers support, education, and connection through caregiver resource centers. Family caregivers find peace of mind and improved health through respite, counseling, discussion with other caregivers in support groups, and invaluable tools to better care for themselves, helping them with this important role. The organization's adult day centers are in sarasota and venice and we run over 21 caregiver support groups monthly for all seniors including services specific to our lgbtq+ seniors. Friendship at home is a multi-faceted safety net program addressing social, financial, and food crises. For social crises, volunteers support seniors who may be home-bound or isolated. Trained volunteers are matched with a senior for telephone reassurance calls or friendly visits. For financial crises, supportive interventions and resources are provided along with guidance to other benefits and savings to improve financial stability. Assistance might be for car repairs, utility bills or rent/mortgage payments. By finding solutions, we bring joy.qualified clients must meet income guidelines. When food is running low, and social security checks don't last the full month, emergency food and supply bags are assembled and distributed in partnership with civic groups, faith community, and other nonprofits. Friendship at home is offered in charlotte, lee and sarasota counties.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.8%; rating input score 86
- Program expense ratio: 88.6%; rating input score 89
- Fundraising efficiency: $2.37 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96%; rating input score 96; 26th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
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: 3.2%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 85.8% of revenue deployed · 88.6% of spending went to programs
- Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $16.1M in reported program spending
- Leadership: top reported pay $239K · 21 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.4M reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Fundraising efficiency scored 8/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.