Covenant House Florida INC FY2022 filing

Tax-deductible

Ft Lauderdale, FL501(c)(3)Since 1983Human ServicesEIN 59-2323607

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501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$152K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.3M a year · 15% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
45
named funders · $3.9M
Looks good: 45 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$480K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.9M
-6% vs prior year
Spent
$6.8M
To programs
78%
Net assets
$8.3M
By yearFY2020–FY2024
Revenue
$8.9M
FY2022▼ -6%
Revenue by fiscal year
FY2020$8.6M
FY2021$9.5M
FY2022$8.9M
FY2023$7.3M
FY2024$7.7M
FY2024$7.9M
Expenses
$6.8M
FY2022▼ -9%
Expenses by fiscal year
FY2020$8.1M
FY2021$7.4M
FY2022$6.8M
FY2023$6.6M
FY2024$6.6M
FY2024$6.8M
Net assets
$8.3M
FY2022▲ +31%
Net assets by fiscal year
FY2020$4.9M
FY2021$6.3M
FY2022$8.3M
FY2023$9.1M
FY2024$10.1M
FY2024$11.3M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $5.3M Management & general 13% · $858K Fundraising 9% · $604K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Executive Officer
$152,055Pt VII · Sec A
Board Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Renee Trincanello Secretary’s $187K as CEO, Ch-FL is at the 87th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
James Gress—————$190,369
Renee Trincanello Secretary$187,131$183,409$178,886$152,055$165,305$163,641
James Gress Capital Campaign————$166,056—
David Weaver$13,173—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Covenant House Florida INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides shelter, food, healthcare, and vocational training to homeless, runaway, and parenting youth and their children in Florida.

Provided by the organization

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3 programs · $5.0M · in their own filed words · FY2021
01

Shelter and Crisis Care

Covenant house florida, inc. Provided shelter and crisis care to a total of 865 unduplicated youth who received 32,500 days of crisis care (food, shelter, clothing, case management, health services, parenting education, independent living skills instruction, INDIVIDUAL/FAMILY counseling, job readiness training, education, etc.).

$3.5Mprogram expense
02

Rights of Passage

The rights of passage program provides transitional and rapid rehousing in scattered site apartments for up to 24 months to youths, including individual counseling and help with completing education and FINDING/MAINTAINING jobs and housing. A total of 37 youths received transitional housing in FY2022.

$832Kprogram expense
03

Young families program (formerly MOTHER/CHILD program)the young families program provides emergency services, short and long-term housing, food, and medical and mental health care to pregnant and parenting youth and their children.

$620Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 45 funders →
Grants paid · 3 grants · $60K · 2023–2024
Unitemized GrantFY2024$41,399
Unitemized GrantFY2024$9,600
Unitemized GrantFY2023$8,884

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$8.9M
Ln 12
Gifts and grantsLn 1h$8.7M
Other incomeLn 4–11$202K
Investment incomeLn 3$19K
Money outPt IX
$6.8M
Ln 25
Programscol B$5.3M
Managementcol C$858K
Fundraisingcol D$604K
Owns and owesPt X
$8.3M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$8.8M
LiabilitiesLn 26$480K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.7M
Government grantsLn 1e$3.0M
Noncash giftsLn 1g$88K
Fundraising eventsLn 1c$352K
Investment incomeLn 3$19K
Other incomeLn 4–11$202K
Total revenueLn 12$8.9M
Assets in detailPt X, end of year
CashLn 1$711K
SavingsLn 2$4.4M
Cash and savings togetherLn 1–2$5.1M
InvestmentsLn 11–13$903K
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$46K
Total assetsLn 16$8.8M
LiabilitiesLn 26$480K
Net assetsLn 32$8.3M
OperationsPt I, VI
EmployeesI 599
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$4.9M$5.1M
InvestmentsLn 11–13$0$903K
Land, buildings, equipmentLn 10c$1.4M$1.3M
Total assetsLn 16$7.8M$8.8M
LiabilitiesLn 26$1.5M$480K
Net assetsLn 32$6.3M$8.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$879K$879K
Pay of current officers, directors and key staffLn 5$182K$182K
Pay of disqualified personsLn 6$69K$69K
Other salaries and wagesLn 7$3.4M$2.7M$276K$444K
Pension plan contributionsLn 8$333K$246K$60K$27K
Other employee benefitsLn 9$302K$227K$50K$25K
Payroll taxesLn 10$302K$213K$53K$37K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$45K$45K
Other fees for servicesLn 11g$125K$113K$6K$6K
Office expensesLn 13$249K$190K$28K$31K
Information technologyLn 14$89K$80K$6K$4K
OccupancyLn 16$421K$379K$24K$18K
TravelLn 17$50K$37K$7K$6K
Conferences, conventions and meetingsLn 19$18K$12K$5K$2K
InterestLn 20$9K$9K$590$165
Depreciation, depletion and amortizationLn 22$150K$143K$6K$2K
InsuranceLn 23$36K$33K$3K$622
Other expenses (24a–d)Ln 24$55K$37K$16K$1K
Total functional expensesLn 25$6.8M$5.3M$858K$604K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $7.7M$6.6M$1.0M$10.1M 990 PDF
FY2023 $7.3M$6.6M$752K$9.1M 990 PDF
FY2022 Viewing $8.9M$6.8M$2.1M$8.3M 990 PDF
FY2021 $9.5M$7.4M$2.1M$6.3M 990 PDF
FY2020 $8.6M$8.1M$479K$4.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (5 parts)
Part I · Summary $8,875,406 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,487,920$8,654,348
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $10,039$19,277
I-11 Other revenuePrior year −$15,863$201,781
I-12 Total revenuePrior year $9,482,096$8,875,406
I-13 Grants and similar amounts paidPrior year $910,385$879,003
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,197,002$4,636,143
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,321,995$1,269,505
I-18 Total expensesPrior year $7,429,382$6,784,651
I-19 Revenue less expensesPrior year $2,052,714$2,090,755
Part VIII · Statement of revenue $8,875,406 across 9 lines filed
VIII-1c Fundraising events$351,580
VIII-1d Related organizations$2,432,029
VIII-1e Government grants$3,020,539
VIII-1f All other contributions, gifts and grants$2,850,200
VIII-1g Noncash contributions (included above)$87,878
VIII-1h Total contributions, gifts and grants$8,654,348
VIII-3 Investment incomeExcluded from tax $19,277$19,277
VIII-8 Net income from fundraising eventsExcluded from tax $201,781$201,781
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $221,058$8,875,406
Part IX · Statement of functional expenses $6,784,651 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $879,003$879,003
IX-5 Pay of current officers, directors and key staffManagement $182,002$182,002
IX-6 Pay of disqualified personsManagement $68,700$68,700
IX-7 Other salaries and wagesPrograms $2,726,884 · Management $276,500 · Fundraising $444,227$3,447,611
IX-8 Pension plan contributionsPrograms $245,979 · Management $60,125 · Fundraising $27,331$333,435
IX-9 Other employee benefitsPrograms $227,198 · Management $49,612 · Fundraising $25,244$302,054
IX-10 Payroll taxesPrograms $213,063 · Management $52,708 · Fundraising $36,570$302,341
IX-11b Legal feesManagement $22,950$22,950
IX-11c Accounting feesManagement $45,000$45,000
IX-11g Other fees for servicesPrograms $112,789 · Management $6,048 · Fundraising $6,294$125,131
IX-13 Office expensesPrograms $189,817 · Management $27,988 · Fundraising $31,232$249,037
IX-14 Information technologyPrograms $79,599 · Management $5,903 · Fundraising $3,546$89,048
IX-16 OccupancyPrograms $378,960 · Management $23,986 · Fundraising $17,735$420,681
IX-17 TravelPrograms $36,640 · Management $6,960 · Fundraising $6,112$49,712
IX-19 Conferences, conventions and meetingsPrograms $11,717 · Management $4,705 · Fundraising $1,646$18,068
IX-20 InterestPrograms $8,564 · Management $590 · Fundraising $165$9,319
IX-22 Depreciation, depletion and amortizationPrograms $142,542 · Management $5,530 · Fundraising $2,048$150,120
IX-23 InsurancePrograms $32,551 · Management $2,704 · Fundraising $622$35,877
IX-24 Other expenses (24a–d)Programs $37,489 · Management $15,753 · Fundraising $1,320$54,562
IX-25 Total functional expensesPrograms $5,322,795 · Management $857,764 · Fundraising $604,092$6,784,651
Part X · Balance sheet $8,773,713 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $451,001$711,463
X-2 Savings and temporary cash investmentsStart of year $4,440,736$4,399,467
X-3 Pledges and grants receivableStart of year $1,449,302$1,388,383
X-4 Accounts receivableStart of year $0$276
X-9 Prepaid expenses and deferred chargesStart of year $1,872$2,947
X-10c Land, buildings and equipment, netStart of year $1,413,010$1,321,574
X-11 Publicly traded securitiesStart of year $0$903,145
X-15 Other assetsStart of year $93,429$46,458
X-16 Total assetsStart of year $7,849,350$8,773,713
X-17 Accounts payable and accrued expensesStart of year $456,923$447,901
X-19 Deferred revenueStart of year $843$0
X-25 Other liabilitiesStart of year $1,080,018$32,567
X-26 Total liabilitiesStart of year $1,537,784$480,468
X-27 Net assets without donor restrictionsStart of year $4,919,563$6,084,970
X-28 Net assets with donor restrictionsStart of year $1,392,003$2,208,275
X-32 Total net assets or fund balancesStart of year $6,311,566$8,293,245
X-33 Total liabilities and net assetsStart of year $7,849,350$8,773,713
Part XI · Reconciliation of net assets $8,293,245 net assets at year end
XI-1 Total revenue$8,875,406
XI-2 Total expenses$6,784,651
XI-3 Revenue less expenses$2,090,755
XI-4 Net assets at start of year$6,311,566
XI-5 Net unrealized gains (losses) on investments−$20,161
XI-9 Other changes in net assets−$88,915
XI-10 Net assets at end of year$8,293,245

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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