Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,256,992

• 1e · Government grants (contributions)

  $2,123,833

• 1f · All other contributions, gifts and grants

  $169,264

• 1g · Noncash contributions included above

  $5,030

• 3 · Investment income

  total $366 · excluded $366

• 6a · Gross rents

  real property $5,858

• 6b · Less rental expenses

  real property $90,903

• 6c · Rental income or loss

  real property -$85,045

• 6d · Net rental income or loss

  total -$85,045 · related or exempt -$85,045

• 11a · Other revenue: MLR REBATE

  total $5,578 · related or exempt $5,578

• 11b · Other revenue: MISC REVENUE

  total $1,520 · related or exempt $1,520

• 11e · Other revenue, total

  $7,098

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,537,613 · program services $1,460,732 · management and general $76,881

• 8 · Pension plan contributions

  total $41,958 · program services $39,860 · management and general $2,098

• 9 · Other employee benefits

  total $233,296 · program services $221,631 · management and general $11,665

• 10 · Payroll taxes

  total $114,346 · program services $108,629 · management and general $5,717

• 11a · Fees: management

  total $600,244 · program services $190,091 · management and general $410,153

• 11c · Fees: accounting

  total $81,031 · program services $76,979 · management and general $4,052

• 12 · Advertising and promotion

  total $4,344 · program services $4,127 · management and general $217

• 13 · Office expenses

  total $73,679 · program services $69,995 · management and general $3,684

• 16 · Occupancy

  total $101,115 · program services $96,060 · management and general $5,055

• 19 · Conferences, conventions and meetings

  total $72,584 · program services $68,955 · management and general $3,629

• 23 · Insurance

  total $8,608 · program services $8,178 · management and general $430

• 24a · Other expenses: FINANCIAL ASSISTANCE

  total $608,721 · program services $608,721

• 24b · Other expenses: MEMBERSHIPS

  total $5,471 · program services $5,197 · management and general $274

• 24c · Other expenses: IN KIND GOODS

  total $5,029 · program services $4,778 · management and general $251

• 24d · Other expenses: FEES AND BAD DEBTS

  total $2,160 · program services $2,052 · management and general $108

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,248,261 · end of year $1,176,424

• 4 · Accounts receivable

  beginning of year $517,864 · end of year $753,686

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

  $2,333

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

  $2,333

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $523,486 · end of year $393,077

• 17 · Accounts payable and accrued expenses

  beginning of year $110,379 · end of year $137,689

• 19 · Deferred revenue

  beginning of year $56,980 · end of year $148,919

• 21 · Escrow or custodial account liability

  beginning of year $523,486 · end of year $393,077

• 25 · Other liabilities

  beginning of year $110,593 · end of year $173,020

• 27 · Net assets without donor restrictions

  beginning of year $1,488,173 · end of year $1,470,482

The filer's explanations (Part III)

PART I, LINE 3

EMBRACE FAMILIES, INC., AN AFFILIATED ORGANIZATION, USES THE FOLLOWING PROCESSES TO DETERMINE THE CEO'S COMPENSATION. INDEPENDENT COMPENSATION CONSULTANT EMBRACE FAMILIES UTILIZES THE SERVICES OF A CONSULTANT EVERY 2 - 3 YEARS TO DO A REVIEW OF OUR COMPENSATION PRACTICES AND UPDATE OUR SALARY GRADE STRUCTURE. THE SALARY GRADE STRUCTURE ESTABLISHES THE MINIMUM, MIDPOINT AND MAX SALARY (SALARY RANGE) OF EACH POSITION IN OUR ORGANIZATION. THIS ALSO APPLIES TO THE CEO OF THE ORGANIZATION. DURING OUR MOST RECENT SALARY GRADE STRUCTURE REVIEW, THE BOARD OF DIRECTORS WAS CONSULTED ABOUT THE PLACEMENT OF THE CEO'S POSITION INTO THE GRADE STRUCTURE AND THE STATUS OF HIS CURRENT SALARY WITHIN IT. IN THE EVENT WE NEEDED TO HIRE A NEW CEO, THIS SALARY GRADE STRUCTURE WOULD BE UTILIZED TO HELP DETERMINE THE STARTING SALARY OF THE INDIVIDUAL HIRED. FOR THE CURRENT CEO, THE SALARY GRADE STRUCTURE IS REVIEWED EACH TIME THERE IS A SALARY ADJUSTMENT TO ENSURE THE NEW SALARY ALIGNS WITH THE SALARY RANGE FOR THE POSITION. APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS PERIODICALLY, INCLUDING ANNUALLY AT THE START OF THE FISCAL YEAR AND AT CONTRACT TERM. THE EXECUTIVE COMMITTEE OF THE BOARD (WHICH IS COMPOSED OF THE BOARD CHAIRS OF EACH OF THE EMBRACE FAMILIES AFFILIATED COMPANIES) REVIEWS THE CEO'S CURRENT SALARY & RECOMMENDS CHANGES. THE FINANCE AND AUDIT COMMITTEE MAY ALSO MAKE RECOMMENDATIONS FOR CHANGES TO THE CEO'S SALARY TO THE EXECUTIVE COMMITTEE. A MOTION TO APPROVE THE CHANGE THEN GOES TO THE EMBRACE FAMILIES INC. BOARD, WHO HAS FINAL APPROVAL.

SCHEDULE J, PART II

ALL COMPENSATION FOR THE CEO, COO, CFO AND CLO IS PAID THROUGH ADMINISTRATIVE SERVICES ORGANIZATION EMBRACE FAMILIES, INC. (A FLORIDA NOT-FOR-PROFIT). THE ADMINISTRATIVE FEE PAID TO EMBRACE FAMILIES, INC. FOR MANAGEMENT AND ADMINISTRATIVE SERVICES INCLUDES AN ALLOCATED PORTION OF EXECUTIVE SALARIES TO EMBRACE FAMILIES SOLUTIONS, INC. WHICH IS BASED ON AN ANNUAL BOARD RESOLUTION. THE REMAINING PORTION OF THE EXECUTIVE SALARIES IS ALLOCATED TO AFFILIATED ENTITIES.