BRANCHES INC

MIAMI, FL | Miami-Dade County
Community Services

Overview

BRANCHES INC
65-0716969
11500 NW 12TH AVE
MIAMI, FL 33168
Miami-Dade County
(305) 442-8306

info@branchesfl.org
Mission Statement info

OUR MISSION IS TO SERVE, EDUCATE AND INSPIRE PEOPLE THROUGH STUDENT, FAMILY AND FINANCIAL WELLNESS SERVICES IN PARTNERSHIP WITH OUR COMMUNITIES. BRANCHES PROVIDES LIFE-CHANGING OPPORTUNITIES TO HARDWORKING FAMILIES AND THEIR CHILDREN TO HELP THEM BREAK THE CYCLE OF INTERGENERATIONAL POVERTY.

CRA Category info
  • Community Services
Nonprofit location info
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
1973
Total Employees info
57
Total Volunteers info
605
Nonprofit Classification (NTEE Code) info
X20

X - Religion, Spiritual Development

Christianity

Religious organizations that provide opportunities for people to satisfy their inner needs and enhance their spiritual growth through organized worship or through other devotional activities under the auspices of one of the group of religious faiths that is based on the teachings of Jesus Christ. Use this code for Christian denominations that are not specified below as well as their ministries, missions or missionary activities; bible camps and schools. (rev. 11/04)

IRS Activity Codes info
002
Association or convention of churches
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813110
Religious Organizations
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • College Students
  • Economically Disadvantaged
  • K-12 Students
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • General Public
  • Immigrants or Refugees
  • People Needing Credit Counseling
  • Minority Individuals
  • Minority-Owned Businesses
  • Small Businesses
  • Underbanked or Unbanked
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • SNAP Recipients
  • USDA Free or Reduced Lunch Students

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
90%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Grow
The Grow Program serves elementary students preparing them for lifelong success through after-school enrichment of their minds, bodies and hearts. The Grow Program lays the foundation to make a long-term impact in the lives of children by retaining a high percentage of students over many years. Consequently, the learning and the growth that take place in the life of a Branches student in one year becomes the foundation for further personal development and growth the next year. After just a few consistent years of engagement at Branches, students are not only in the mindset of setting goals but they are achieving goals on a regular basis.
Targeted Clients info
  • Children & Youth
  • K-12 Students
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • USDA Free or Reduced Lunch Students
Climb
The Climb Program serves middle and high school students focusing on the development of their individual assets in order to maximize opportunities to become better students and better people. Branches’ Climb to College & Career initiative specifically focuses on postsecondary success and helps to prepare and assist high school students in developing the knowledge, skills and behaviors necessary for that next step after high school. Climb to College & Career provides a series of workshops, mentoring and completion of a postsecondary plan.
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • College Students
  • K-12 Students
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • USDA Free or Reduced Lunch Students
Achieve
The Achieve Programs offer financial wellness services which are focused on creating opportunities for families as a whole by providing one-on-one financial coaching, financial education, and entrepreneurship support to all ages – from Kindergarten through Adulthood. Details about our programs can be found here: https://branchesfl.org/achieve/
Targeted Clients info
  • Children & Youth
  • Economically Disadvantaged
  • Entrepreneurs
  • First-Time Homebuyers
  • General Public
  • Immigrants or Refugees
  • People needing Credit Counseling
  • Job Seekers
  • Minority-Owned Businesses
  • Small Businesses
  • Underbanked or Unbanked
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • SNAP Recipients
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.
Exempt Ruling Date info
1997-07
Deductibility Status info
Deductible
Last Tax Filing info
Not Applicable
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Not required to file (all other)
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Church 170(b)(1)(A)(i)

Nonprofit Location

Physical Address info
11500 NW 12TH AVE
MIAMI, FL 33168
Miami-Dade County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
33124
MSA/MD info
12
State info
086
County info
0004.09
Tract info
Middle
Income Level info
Core-Based Statistical Area info
33100 - Miami-Fort Lauderdale-Pompano Beach, FL
Combined Statistical Area info
370 - Miami-Port St. Lucie-Fort Lauderdale, FL
Metropolitan Division info
33124 - Miami-Miami Beach-Kendall, FL
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 98.63%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • FL - Miami-Dade County

Market Data

Census Tract County
0004.09 Miami-Dade County
Population
Total Population 4,464 2,705,528
Total Households 1,222 902,200
Income
Median Family Income (Census*) $48,750 $53,975
Median Family Income (2022 FFIEC est.) $68,300 N/A
Tract Income Percentage 80.35% N/A
Below Poverty Level 13.6% 16.0%
Unemployment Level 4.9% 5.0%
Housing
Total Housing Units 1,266 1,032,310
Total Owner-Occupied Units 41.0% 51.6%
Total Renter-Occupied Units 55.5% 48.4%
Total Vacant Units 3.5% 7.2%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Isabelle Pike
SVP of Development
ipike@branchesfl.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.