Embrace Families Community Based Care Inc

Embrace Families faces recurring deficits and declining assets, with 2023 expenses exceeding revenue by $9.7 million.

EIN: 10631375 · Maitland, FL · NTEE: P40 · Updated: 2026-03-28

$76.1MRevenue

$3.1MAssets

65/100Mission Score (Good)

P40

About Embrace Families Community Based Care Inc

Embrace Families Community Based Care Inc (EIN: 10631375) is a nonprofit organization based in Maitland, FL, classified under NTEE code P40. The organization reported total revenue of $76.1M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Embrace Families Community Based Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Embrace Families Community Based Care Inc. demonstrates a consistent operational scale, with revenues and expenses typically in the range of $70-80 million annually over the past decade. However, the organization has reported net losses in several recent periods, including a significant deficit of nearly $9.7 million in the 202306 period (Expenses $85,824,295 vs. Revenue $76,092,919) and $1.25 million in 202206. This trend of expenses exceeding revenue warrants closer examination, as it has led to a decrease in assets from $8,097,066 in 2022 to $3,095,345 in 2023, while liabilities have remained substantial at $15,752,956 in 2023.

The organization's financial health appears to be under pressure due to these recurring deficits and a declining asset base relative to its liabilities. While the NTEE code P40 suggests a focus on human services, the lack of detailed spending breakdowns in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent reporting of 0% officer compensation across all filings is a notable point regarding executive pay, suggesting that top leadership may be compensated through other means or that the organization's structure does not involve direct officer compensation reported in this section.

Transparency regarding the allocation of its substantial budget would be enhanced by providing a clear breakdown of program service expenses versus administrative and fundraising costs. The significant liabilities compared to assets, particularly in the latest filing, indicate a potential liquidity concern that stakeholders should monitor. Despite the large operational scale, the financial trends suggest a need for strategic adjustments to ensure long-term sustainability and maintain a healthy balance sheet.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Embrace Families Community Based Care Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Embrace Families Community Based Care Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% officer compensation across all filings, which is unusual for an organization of this size ($76M+ revenue) and suggests that executive pay may be categorized differently or not reported in this specific section of the 990.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Embrace Families Community Based Care Inc's IRS 990 filings:

Recurring net losses, with expenses exceeding revenue in multiple recent periods (e.g., $9.7M deficit in 2023).
Significant decline in assets from $8,097,066 in 2022 to $3,095,345 in 2023.
High liabilities ($15,752,956 in 2023) relative to declining assets, indicating potential financial strain.
Consistent reporting of 0% officer compensation for an organization of this scale, which may obscure actual executive remuneration.

Strengths

The following positive indicators were identified for Embrace Families Community Based Care Inc:

Consistent large-scale operations, with annual revenues typically exceeding $70 million, indicating significant reach and impact.
Long history of IRS 990 filings (14 filings), suggesting a commitment to regulatory compliance.
Focus on human services (NTEE P40) indicates a direct impact on community well-being.

Frequently Asked Questions about Embrace Families Community Based Care Inc

Why has Embrace Families experienced recurring net losses in recent years?

The organization has reported expenses exceeding revenue in several periods, including a $9.7 million deficit in 2023 and $1.25 million in 2022, indicating operational costs are consistently higher than income.

What is the breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed breakdown of spending categories, making it difficult to assess the exact allocation of funds across programs, administration, and fundraising.

How does Embrace Families manage its significant liabilities relative to its assets?

In 2023, liabilities were $15,752,956 while assets were $3,095,345, indicating a high debt-to-asset ratio that could pose liquidity challenges.

How are executives compensated if 'Officer Comp' is consistently 0%?

The consistent 0% officer compensation suggests that executive salaries might be reported under other expense categories or that the organization's leadership structure does not involve direct officer compensation as defined in this 990 section.

Filing History

IRS 990 filing history for Embrace Families Community Based Care Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Embrace Families Community Based Care Inc's revenue has grown by 395.3%, moving from $15.4M to $76.1M. Total assets increased by 54% over the same period, from $2.0M to $3.1M. Total functional expenses rose by 460.9%, from $15.3M to $85.8M. In its most recent filing year (2023), Embrace Families Community Based Care Inc reported a deficit of $9.7M, with expenses exceeding revenue. The organization holds $15.8M in liabilities against $3.1M in assets (debt-to-asset ratio: 508.9%), resulting in net assets of $-12,657,611.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$76.1M	$85.8M	$3.1M	$15.8M	—	—
2022	$86.4M	$87.7M	$8.1M	$11.0M	—	View 990
2021	$86.1M	$85.7M	$8.4M	$10.1M	—	View 990
2020	$81.0M	$83.1M	$6.8M	$8.8M	—	View 990
2019	$74.4M	$73.5M	$7.7M	$7.6M	—	View 990
2018	$73.5M	$73.8M	$5.1M	$5.8M	—	View 990
2017	$73.8M	$72.2M	$9.3M	$9.8M	—	View 990
2016	$73.7M	$76.5M	$6.0M	$8.1M	—	View 990
2015	$73.3M	$74.1M	$11.0M	$10.2M	—	View 990
2014	$67.9M	$67.4M	$10.5M	$8.9M	—	View 990
2013	$70.2M	$67.2M	$8.6M	$7.6M	—	View 990
2012	$70.0M	$69.8M	$6.9M	$8.9M	—	View 990
2011	$28.8M	$31.4M	$4.0M	$6.1M	—	View 990
2010	$15.4M	$15.3M	$2.0M	$1.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $76.1M, expenses of $85.8M, and assets of $3.1M (revenue -12.0% year-over-year).
2022: Revenue of $86.4M, expenses of $87.7M, and assets of $8.1M (revenue +0.4% year-over-year).
2021: Revenue of $86.1M, expenses of $85.7M, and assets of $8.4M (revenue +6.4% year-over-year).
2020: Revenue of $81.0M, expenses of $83.1M, and assets of $6.8M (revenue +8.8% year-over-year).
2019: Revenue of $74.4M, expenses of $73.5M, and assets of $7.7M (revenue +1.3% year-over-year).
2018: Revenue of $73.5M, expenses of $73.8M, and assets of $5.1M (revenue -0.4% year-over-year).
2017: Revenue of $73.8M, expenses of $72.2M, and assets of $9.3M (revenue +0.1% year-over-year).
2016: Revenue of $73.7M, expenses of $76.5M, and assets of $6.0M (revenue +0.5% year-over-year).
2015: Revenue of $73.3M, expenses of $74.1M, and assets of $11.0M (revenue +8.0% year-over-year).
2014: Revenue of $67.9M, expenses of $67.4M, and assets of $10.5M (revenue -3.3% year-over-year).
2013: Revenue of $70.2M, expenses of $67.2M, and assets of $8.6M (revenue +0.3% year-over-year).
2012: Revenue of $70.0M, expenses of $69.8M, and assets of $6.9M (revenue +143.1% year-over-year).
2011: Revenue of $28.8M, expenses of $31.4M, and assets of $4.0M (revenue +87.5% year-over-year).
2010: Revenue of $15.4M, expenses of $15.3M, and assets of $2.0M.

Data Sources and Methodology

This transparency report for Embrace Families Community Based Care Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.