Family Central Inc
- Assets
- $4.0m
- Revenue
- $16.9m
- Investments
- $0.0
- Employees
- 143
- Location
- Ft Lauderdale, FL
- Founding
- 09/1978
- Data as of
- 06/2021
- EIN
- 59-1487190
Organization Overview
Family Central Inc is located in Ft Lauderdale, FL. The organization was established in 1978. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2021, Family Central Inc employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Central 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, Family Central Inc generated $16.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $16.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 6 years. 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
TO PROVIDE SERVICES TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY CENTRAL CONTINUED PROVIDING AN ARRAY OF EVIDENCED BASED PROGRAMS AIMED AT FAMILY STRENGTHENING AND EDUCATION. OUR CHILD CARE FOOD PROGRAM REIMBURSED PARTICIPATING PROVIDERS FOR 3,507,556 MEALS. THE FAMILY SUPPORT AND EDUCATION PROGRAMS PROVIDED SERVICES TO OVER 3,000 PARTICIPANTS. OUR TRAINING ACADEMY TRAINED 170 CHILDCARE PROFESSIONALS AND ISSUED OVER 1,000 CONTINUING EDUCATION CREDITS. WE HAVE EFFECTIVELY SUSTAINED OUR HIGH QUALITY PROGRAM SERVICES AND INCREASED OUR SERVICE DELIVERY OPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Salomon COO | Officer | 40 | $98,511 |
Annette Gardner Chief Hr & Compliance Offi | Officer | 2 | $0 |
Tony Tucker CFO | Officer | 2 | $0 |
Mark Dhooge Ceo/president | Officer | 2 | $0 |
Amy Evans Vice President Of Advancem | Officer | 2 | $0 |
Lisa Bayne COO | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,621,779 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,630,634 |
| Total Program Service Revenue | $161,748 |
| Investment income | $137 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,912,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $4,170,707 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $68,571 |
| Other employee benefits | $446,868 |
| Payroll taxes | $324,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $691,911 |
| Advertising and promotion | $0 |
| Office expenses | $61,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $327,288 |
| Travel | $35,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,783 |
| Interest | $493 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $49,427 |
| All other expenses | $460,002 |
| Total functional expenses | $16,481,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,149,207 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,029,196 |
| Accounts receivable, net | $0 |
| 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 | $20,696 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $811,399 |
| Total assets | $4,010,498 |
| Accounts payable and accrued expenses | $1,544,209 |
| Grants payable | $0 |
| Deferred revenue | $170,634 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,153,750 |
| Other liabilities | $399,793 |
| Total liabilities | $3,268,386 |
| Net assets without donor restrictions | $742,112 |
| Net assets with donor restrictions | $0 |
| 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 | $4,010,498 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Central Inc has recieved totaling $848,118.
| Awarding Organization | Amount |
|---|---|
University Of Miami Coral Gables, FL PURPOSE: RESEARCH | $844,118 |
Embraer Foundation Inc Melbourne, FL PURPOSE: PARTNERSHIP PROGRAM GRANT | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quality Care For Children Inc Atlanta, GA | $7,415,823 | $20,444,719 |
R Club Child Care Inc St Petersburg, FL | $18,176,880 | $19,595,312 |
Family Central Inc Ft Lauderdale, FL | $4,010,498 | $16,912,867 |
Childrens Forum Inc Tallahassee, FL | $5,733,267 | $15,389,611 |
Centro Mater Child Care Servicesinc Lauderdale Lakes, FL | $3,264,997 | $12,190,582 |
Gulf Regional Early Childhood Services Inc Mobile, AL | $4,519,682 | $13,000,222 |
Assistance Unlimited Inc Lauderdale Lakes, FL | $14,917,830 | $14,034,670 |
Child Care Of Southwest Florida Inc Ft Myers, FL | $4,237,848 | $11,344,922 |
Community Childcare Food Supplement Inc Savannah, GA | $1,811,584 | $9,216,213 |
Early Education And Care Inc Panama City, FL | $7,887,030 | $6,650,931 |
Childcare Resources Birmingham, AL | $765,038 | $7,739,319 |
Florence Fuller Child Development Centers Inc Boca Raton, FL | $9,224,394 | $8,503,035 |