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Nonprofiteer
← GLADES INITIATIVE INC

Form 990 for tax year 2024

Filed by GLADES INITIATIVE INC.

Totals

Total revenue
$2,618,915
Total expenses
$2,588,201
Contributions and grants received
$2,431,206
Grants paid
$125,233
Program service revenue
$37,160
Investment income
$150,549
Other revenue
$0
Total assets, end of year
$4,333,925
Total liabilities, end of year
$92,324
Net assets or fund balances, end of year
$4,241,601
Program services expenses (Part IX)
$2,445,489
Management and general expenses
$112,265
Fundraising expenses
$30,447
Program service expenses (Part III)
$2,445,489

Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $260,269

  • 1e · Government grants (contributions)

    $229,500

  • 1f · All other contributions, gifts and grants

    $1,941,437

  • 1g · Noncash contributions included above

    $1,037,470

  • 2a · Program service revenue: Background Screening

    total $37,160 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $134,635 · unrelated business $0 · excluded $134,635

  • 7a · Gross sales of assets other than inventory

    securities $1,098,936

  • 7b · Less cost or other basis and sales expenses

    securities $1,083,022

  • 7c · Gain or loss

    securities $15,914

  • 7d · Net gain or loss

    total $15,914 · related or exempt $0 · unrelated business $0 · excluded $15,914

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $76,087 · program services $76,087

  • 2 · Grants to domestic individuals

    total $49,146 · program services $49,146

  • 5 · Compensation of officers, directors and key employees

    total $201,563 · program services $161,250 · management and general $30,235 · fundraising $10,078

  • 7 · Other salaries and wages

    total $528,350 · program services $491,365 · management and general $23,776 · fundraising $13,209

  • 8 · Pension plan contributions

    total $33,971 · program services $30,216 · management and general $2,641 · fundraising $1,114

  • 9 · Other employee benefits

    total $88,298 · program services $80,427 · management and general $5,338 · fundraising $2,533

  • 10 · Payroll taxes

    total $60,438 · program services $54,153 · management and general $4,379 · fundraising $1,906

  • 11b · Fees: legal

    total $1,333 · program services $0 · management and general $1,333 · fundraising $0

  • 11c · Fees: accounting

    total $9,100 · program services $0 · management and general $9,100 · fundraising $0

  • 11f · Fees: investment management

    total $14,766 · program services $0 · management and general $14,766 · fundraising $0

  • 11g · Fees: other

    total $28,181 · program services $25,498 · management and general $1,874 · fundraising $809

  • 13 · Office expenses

    total $18,955 · program services $17,060 · management and general $1,895 · fundraising $0

  • 17 · Travel

    total $7,704 · program services $7,704 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $4,305 · program services $4,305 · management and general $0 · fundraising $0

  • 20 · Interest

    total $353 · program services $0 · management and general $353 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $50,451 · program services $45,406 · management and general $5,045 · fundraising $0

  • 23 · Insurance

    total $38,475 · program services $34,585 · management and general $3,658 · fundraising $232

  • 24a · Other expenses: Background Checks

    total $29,710 · program services $29,710 · management and general $0 · fundraising $0

  • 24b · Other expenses: Communications

    total $11,328 · program services $9,063 · management and general $1,699 · fundraising $566

  • 24c · Other expenses: Bldg Maintenance

    total $12,868 · program services $11,581 · management and general $1,287 · fundraising $0

  • 24d · Other expenses: Program Expense

    total $1,281,065 · program services $1,281,065 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $41,754 · program services $36,868 · management and general $4,886 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,360,038 · end of year $1,095,357

  • 2 · Savings and temporary cash investments

    beginning of year $410,115 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $174,554 · end of year $109,892

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,194 · end of year $23,982

  • 10a · Land, buildings and equipment: cost or other basis

    $1,122,603

  • 10b · Land, buildings and equipment: accumulated depreciation

    $260,723

  • 10c · Land, buildings and equipment, net

    beginning of year $891,349 · end of year $861,880

  • 11 · Investments: publicly traded securities

    beginning of year $1,380,809 · end of year $2,236,401

  • 15 · Other assets

    beginning of year $8,895 · end of year $6,413

  • 17 · Accounts payable and accrued expenses

    beginning of year $75,500 · end of year $85,757

  • 25 · Other liabilities

    beginning of year $8,895 · end of year $6,567

  • 27 · Net assets without donor restrictions

    beginning of year $3,743,259 · end of year $3,843,475

  • 28 · Net assets with donor restrictions

    beginning of year $421,300 · end of year $398,126

Mission and programs · 2024

Mission

The mission of The Glades Initiative is to improve the coordination and effectiveness of the health and human service delivery system in the Glades area of Palm Beach County.

  • The work of the Glades Initiative targets both service providers and residents of the Glades communities by investigating service delivery barriers to health and human services, developing strategies to overcome those obstacles and implementing effective strategies. Some of our services target providers through increased collaboration and communication, such as culturally appropriate trainings, medical interpreter training, networking meetings for identified needs, the Glades Area Resource Guide, Glades Community Updates, a weekly email communication, web-based community calendar and advocacy, while other services benefit residents directly, through our bilingual Community Resource Educators, who assist residents, with limited English, low literacy, and limited or no access to computers in receiving services. Glades Initiative expects to increase access to services and information, reduce the barriers to health and human services, impact more effective service provision, and increase services to residents, resulting in a healthier more productive community. For more detailed program information see attached Schedule O.

    Expenses $2,445,489 · Grants $53,407 · Revenue $2,468,366

As filed on the 2024 return.

Listed in Part VII

  • Karis Engle

    CEO / President

    Total calculated
    $226,145
    From this org
    $203,636
    From related orgs
    $0
    Other
    $22,509
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $203,636
    Bonus
    $0
    Other
    $0
    Deferred
    $9,653
    Nontaxable benefits
    $12,856
    Filer's total
    $226,145

  • Joe Kyles Sr

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Irene Figueroa

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Jim Springer

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Tamara Starks

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Laura Barry

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Humberto Gonzalez

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Julie Swindler

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Richard Abedon Esq

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
23 January 2026
IRS schema version
2024v5.2
Source object
202620429349300827

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