Harmony Development Center INC 01012001 EIN 80-0004598 Form 990 (PDF) Claim this org

Harmony Development Center INC 01012001

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Empowers youth and families with diversion services to thrive peacefully in the community. For fiscal year 2024 it reported $4.2M in revenue, $4.3M in expenses, and $1.4M in net assets.Pt I

Founded
2001
Type
Public charity (501(c)(3)) · Human Services
Location
Cooper City, FL
Filings
5 on file (2020–2024)
Revenue
$4.2MFY2024
Expenses
$4.3M
Net assets
$1.4M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  80-0004598 Public charity (501(c)(3)) Cooper City, FL Founded 2001
Form 990 (PDF)
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Figures match the IRS filing checked 8/28/26 · see original: IRS
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Size
$1–10M
What they do
Empowers youth and families with diversion services to thrive peacefully in the community.
Leadership
Cynthia Monero · CEO/Executive Director · $141K
Money in and out
$4.2M revenue, $4.3M expenses
Bottom line
86% program efficiency
Where the money goes · FY2024
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$52K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate▼ -24% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -134% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$4.2M
FY2024▲ +26%
Expenses
$4.3M
FY2024▲ +32%
Total assets
$1.7M
FY2024▼ -3%
Total liabilities
$365K
FY2024▼ -2%
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$4.3M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$52K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $2.2M of program spending, described in the organization's own filed words · FY2024.
01

Youthforce

This is an after-school program funded by the children's services council of broward, that provides at-promise middle school students with year-round services and programming designed to improve self-esteem, develop skills, and increase access to community resources in order to promote current and future success.

$1.2Mprogram expense
02

Bridge to New Opportunities (bno)

This program is funded by broward county and serves youth ages 3 to 22 years old (must be in post secondary education ages 18-22) who are in need of behavioral health , mental health or substance abuse counseling AND/OR who are at risk of initial or subsequent involvement with the juvenile justice system.

$516Kprogram expense
03

Healthy Youth Transition (hyt)

The hyt program is funded by the children's services council of broward. The program serves youth ages 15-22 and provides counseling services and life coaching services to help transitioning youth with insufficient familial support. The program is designed to support young adults aging out of the foster care system.

$419Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHarmony Development Center INC 01012001
EINHdr · item D80-0004598
Principal addressHdr · item CCooper City, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2001
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFJun 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO/Executive Director
$141,200Pt VII · Sec A
$65,694Pt VII · Sec A
Founder and Treasurer
$64,575Pt VII · Sec A
$60,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Legal Counsel
$0Pt VII · Sec A
$0Pt VII · Sec A

Cynthia Monero’s $141K as CEO/Executive Director is at the 69th percentile of top reported officer pay among 3864 $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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Cynthia Monero$141,200$108,000$80,000
Cynthia Moreno$80,000
Charles Goldman$67,200
Rosa Laura Torres$65,694$54,000$30,000
Myriam Campo Goldman$64,575$54,000$51,250$43,350
Ada-Luz Rivera$60,000
Dr Randall Green$50,400
Laura Torres$30,000

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.

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Statement of Revenue

Part VIII
Contributions & grants$4.2M · 99%
Investment income$37K · 1%
Contributions & grants99%$4.2M
Investment income1%$37K
Other revenue$6K
— government grantsLn 1e$4.2M
Total revenueLn 12$4.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$3.7M
Management & general14%$589K
Total functional expensesLn 25$4.3M

Balance Sheet

Part X · end of year
CashLn 1$931K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$365K
Total net assetsLn 32$1.4M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses (Pt IX) $4.3M · Less non-cash grants $330K · Cash operating expenses/yr $3.9M
3.5 months
Where the money goes
Program services
Program services $3.7M · Total expenses $4.3M
86%
Management & General
Management & general $589K · Total expenses $4.3M
14%
Fundraising
Fundraising $0 · Total expenses $4.3M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $38K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4.2M · Total revenue $4.2M
99%
Government reliance
Government grants $4.2M · Total revenue $4.2M
99%
Earned-income share
Program service revenue $0 · Total revenue $4.2M
0%
Investment reliance
Investment income $37K · Total revenue $4.2M
+0.9%
Program self-sufficiency
Program service revenue $0 · Total expenses $4.3M
0%
Growth & trend
Revenue growth (YoY)
This year $4.2M · Prior year $3.4M
+26%
Revenue CAGR
FY2019 $1.3M · FY2024 $4.2M
+26%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.2M · Expenses $4.3M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.4M · Total assets $1.7M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $213K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
12%
People & payroll
Highest Reported Total Compensation
Individual Cynthia Monero · Reported title CEO/EXECUTIVE DIRECTOR · Highest reported compensation $141K · Total expenses $4.3M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.3M · Total expenses $4.3M
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Revenue growth 26%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$527K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$3.4M revenue · ⤓ 990 PDF
FY2023$3.0M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.8M revenue · ⤓ 990 PDF
FY2020$1.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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