Triangle Family Services Inc
- Assets
- $3.2m
- Revenue
- $6.1m
- Investments
- $44.5k
- Employees
- 102
- Location
- Raleigh, NC
- Founding
- 03/1938
- Data as of
- 06/2021
- EIN
- 56-0547491
Organization Overview
Triangle Family Services Inc is located in Raleigh, NC. The organization was established in 1938. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Triangle Family Services Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Family Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Triangle Family Services Inc generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $5.0m during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRIANGLE FAMILY SERVICES MISSION IS TO BUILD A STRONGER COMMUNITY BY STRENGTHENING THE FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID-19 ASSISTANCE: DURING FY21 COVID-19 RELATED PROGRAM SERVICES INCLUDED THE TFS DIVERSION PROGRAM, HOTEL/MOTEL ASSISTANCE, AND THE HEALTHY HOTEL PROGRAM. THE TFS DIVERSION PROGRAM WAS DESIGNED TO PROVIDE ASSISTANCE TO MEMBERS OF THE COMMUNITY WHO WERE NEGATIVELY IMPACTED BY THE COVID-19 PANDEMIC. THE CITY OF RALEIGH EMERGENCY ASSISTANCE PROGRAM PROVIDED HOTEL/MOTEL SHELTER FOR FAMILIES WHO WERE DISPLACED AND/OR IN NEED OF HOUSING BECAUSE OF THE COVID-19 PANDEMIC. "WAKE PREVENT!" WAS IMPLEMENTED IN RESPONSE TO THE COVID-19 PANDEMIC TO ASSIST LOW INCOME FAMILIES LIVING IN A HOTEL WITHIN WAKE COUNTY, WHO WERE AT IMMINENT RISK OF BEING HOMELESS, AND MET ALL OTHER ELIGIBILITY REQUIREMENTS. TFS PROVIDED CASE MANAGEMENT SERVICES AT THE WAKE COUNTY HEALTHY HOTEL 24/7 SHELTER FACILITY TO CLIENTS LIVING IN A HOTEL. TFS ASSISTED THESE INDIVIDUALS WITH TRANSITIONING TO PERMANENT OR MORE STABLE HOUSING.
FINANCIAL STABILITY: TFS PROVIDES A COMPREHENSIVE RANGE OF INCLUDE STREET OUTREACH, EMERGENCY SHELTER SERVICES, RAPID REHOUSING, PERMANENT SUPPORTIVE HOUSING, AND EVICTION PREVENTION -- ALL INVOLVING A COMBINATION OF COMPREHENSIVE CASE MANAGEMENT AND FINANCIAL ASSISTANCE. ADDITIONALLY, TFS HUD-CERTIFIED COUNSELORS OFFER INDIVIDUAL AND GROUP FINANCIAL COUNSELING SERVICES COVERING TOPICS SUCH AS BUDGETING, CREDIT REPAIR AND SAVINGS STRATEGIES.
MENTAL HEALTH: TFS PROVIDES OUTPATIENT THERAPY TO CHILDREN, ADULTS AND FAMILIES FOR AN ARRAY OF MENTAL HEALTH CONCERNS, WITH A FOCUS ON TREATING TRAUMA ACROSS THE LIFESPAN. TFS THERAPISTS ARE CREDENTIALED IN EVIDENCE-BASED THERAPIES FOR TRAUMA, WITH A SPECIALTY IN SERVING CHILDREN AND FAMILIES WHO EXPERIENCE SEXUAL ABUSE OR PROBLEM SEXUAL BEHAVIOR. THERAPEUTIC SERVICES ALSO INCLUDE PARENTING EDUCATION AND PARENT SUPPORT GROUPS.
FAMILY SAFETY: TFS PROVIDES PSYCHOEDUCATIONAL GROUPS AND INDIVIDUAL CASE MANAGEMENT FOR CLIENTS WHO HAVE BEEN COURT-ORDERED OR CPS-MANDATED TO ATTEND A DOMESTIC VIOLENCE INTERVENTION PROGRAM OR AN ANGER MANAGEMENT PROGRAM. ADDITIONALLY, TFS OFFERS SUPERVISED VISITATION FOR CHILDREN TO SPEND TIME WITH THEIR NON-CUSTODIAL PARENT AND FAMILY DURING UNRESOLVED LEGAL ISSUES OR FAMILY CRISIS, AS WELL AS FACILITATED EXCHANGE FOR OFF-SITE VISITATION TO MINIMIZE CHILD EXPOSURE TO PARENTAL CONFLICTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Stafford-Lutz Chief Executive Officer | Officer | 40 | $124,994 |
Cari Boram Director Of Operations | Officer | 40 | $81,634 |
Verdina Walker Director Of Finance | Officer | 40 | $62,311 |
Frank Lemanski Treasurer | OfficerTrustee | 2 | $0 |
Michael Sandman Secretary | OfficerTrustee | 1 | $0 |
Robert Gofourth Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50,000 |
| Membership dues | $0 |
| Fundraising events | $57,750 |
| Related organizations | $0 |
| Government grants | $3,769,434 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,551,165 |
| Noncash contributions included in lines 1a–1f | $4,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,428,349 |
| Total Program Service Revenue | $606,667 |
| Investment income | $174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,913 |
| Net Income from Fundraising Events | -$15,963 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,109,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,188,570 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $340,084 |
| Compensation of current officers, directors, key employees. | $46,362 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,247,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $307,256 |
| Payroll taxes | $231,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $522 |
| Fees for services: Accounting | $23,649 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $297,543 |
| Advertising and promotion | $0 |
| Office expenses | $45,180 |
| Information technology | $132,254 |
| Royalties | $0 |
| Occupancy | $63,254 |
| Travel | $19,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,802 |
| Interest | $12,887 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,296 |
| Insurance | $0 |
| All other expenses | $22,210 |
| Total functional expenses | $5,034,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,944 |
| Savings and temporary cash investments | $565,947 |
| Pledges and grants receivable | $1,121,413 |
| Accounts receivable, net | $81,313 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $97,999 |
| Net Land, buildings, and equipment | $863,940 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $44,469 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,245,025 |
| Accounts payable and accrued expenses | $275,757 |
| Grants payable | $0 |
| Deferred revenue | $25,221 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $229,295 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $530,273 |
| Net assets without donor restrictions | $2,514,752 |
| Net assets with donor restrictions | $200,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,245,025 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Triangle Family Services Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Cozart Foundation Inc Raleigh, NC PURPOSE: CHARITABLE | $5,000 |
Winkler Family Foundation Inc Clayton, NC PURPOSE: GENERAL GIFT | $2,500 |
Endowment Analysis
| Beg. Balance | $35,148 |
| Earnings | $9,321 |
| Ending Balance | $44,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Family & Career Services Inc Atlanta, GA | $12,287,389 | $17,564,180 |
Clayton County Community Services Authority Inc Forest Park, GA | $3,675,143 | $13,405,367 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |
Agape Child And Family Services Inc Memphis, TN | $4,822,758 | $10,716,983 |
Family Service Of The Piedmont Inc Jamestown, NC | $2,937,225 | $9,785,018 |
Murphy-Harpst Childrens Centers Inc Cedartown, GA | $8,054,234 | $10,353,326 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
Safe Alliance Inc Charlotte, NC | $10,001,861 | $8,368,823 |
Families First Inc Atlanta, GA | $16,902,074 | $9,104,630 |
Herndon-Reston Fish Inc Herndon, VA | $999,308 | $5,421,619 |
Exchange Club-Carl Perkins Center For The Prevention Of Child Abuse Jackson, TN | $7,537,122 | $5,962,731 |
Triangle Family Services Inc Raleigh, NC | $3,245,025 | $6,109,748 |