GOLD2023

Fern House Inc

When the pain of remaining the same becomes greater than the pain of change, WE WILL CHANGE

West Palm Bch, FL   |  http://fernhouse.org
GuideStar Charity Check

Fern House Inc

EIN: 59-2286556


Mission

To help indigent male chronic alcoholics and drug addicts achieve sustained sobriety and return to the mainstream of society as productive, responsible citizens.

Ruling year info

1984

Executive Director

Mr. Charles Cordle II

Main address

1958 Church St

West Palm Bch, FL 33409 USA

Show more contact info

EIN

59-2286556

Subject area info

Substance abuse treatment

Supportive housing

Population served info

Men and boys

Substance abusers

NTEE code info

Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment (F20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Fern House, Inc.

The Fern House Mission Statement:
“To help indigent male chronic alcoholics and drug addicts achieve sustained sobriety and return to the mainstream of society as productive, responsible citizens.”

At Fern House, our mission is simple. We aim to take indigent, chronic drug and alcohol abusers off the streets and help them reintegrate into society. We take broken lives and make them whole. Our mission and philosophy are straightforward. Following the principles of AA, we are addicts helping other addicts. We depend on the mutual help, fellowship and experience of fellow addicts and alcoholics to support each other on the journey to recovery.

Population(s) Served
Substance abusers

Where we work

Financials

Fern House Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

233.27

Average of 34.67 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

43

Average of 12.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

27%

Average of 28% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Fern House Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Fern House Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Fern House Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Fern House Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $154,707 $304,828 $354,247 $389,923 $455,587
As % of expenses 27.7% 54.8% 62.5% 65.8% 67.5%
Unrestricted surplus (deficit) after depreciation $86,420 $248,809 $313,605 $352,392 $420,104
As % of expenses 13.8% 40.6% 51.6% 55.9% 59.1%
Revenue composition info
Total revenue (unrestricted & restricted) $712,220 $861,019 $921,418 $982,462 $1,930,783
Total revenue, % change over prior year -6.5% 20.9% 7.0% 6.6% 96.5%
Program services revenue 94.8% 84.9% 77.6% 73.5% 40.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.8% 0.1% 0.1% 0.0%
Government grants 0.0% 0.0% 0.0% 3.2% 0.0%
All other grants and contributions 2.1% 12.0% 13.8% 18.9% 58.7%
Other revenue 3.1% 2.3% 8.5% 4.4% 1.2%
Expense composition info
Total expenses before depreciation $557,513 $556,191 $567,171 $592,539 $675,196
Total expenses, % change over prior year -7.2% -0.2% 2.0% 4.5% 13.9%
Personnel 30.5% 39.5% 40.9% 41.2% 39.1%
Professional fees 0.7% 0.8% 0.8% 0.9% 0.7%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 68.8% 59.7% 58.3% 57.9% 60.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $625,800 $612,210 $607,813 $630,070 $710,679
One month of savings $46,459 $46,349 $47,264 $49,378 $56,266
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $96,032 $177,742 $64,520 $0
Total full costs (estimated) $672,259 $754,591 $832,819 $743,968 $766,945

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 9.8 14.9 18.7 24.1 43.0
Months of cash and investments 9.8 14.9 18.7 24.1 43.0
Months of estimated liquid unrestricted net assets 9.8 14.4 17.8 23.7 28.6
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $456,047 $689,544 $884,464 $1,188,245 $2,418,036
Investments $0 $0 $0 $0 $0
Receivables $1,523 $1,180 $1,083 $0 $0
Gross land, buildings, equipment (LBE) $1,946,088 $2,038,419 $2,216,161 $2,280,680 $2,296,872
Accumulated depreciation (as a % of LBE) 30.6% 31.8% 31.1% 31.8% 33.2%
Liabilities (as a % of assets) 0.0% 1.2% 1.8% 0.7% 0.3%
Unrestricted net assets $1,808,028 $2,056,837 $2,370,442 $2,722,834 $3,142,938
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $800,000
Total net assets $1,808,028 $2,056,837 $2,370,442 $2,722,834 $3,942,938

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Mr. Charles Cordle II

Number of employees

Source: IRS Form 990

Fern House Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Fern House Inc

Board of directors
as of 10/24/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Jonathan Besdine

Retired

Term: 2024 - 2022

Organizational demographics

SOURCE: Self-reported; last updated 10/24/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person with a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data