Liabilities / Assets
31st percentile
Higher debt load relative to assets than 31% of similar nonprofits.
Family Promise Inc
EIN 52-1591461 • 501(c)3 • Summit, NJ
Profile
Family promise's mission is to prevent and end homelessness for families with children and help them achieve sustainable independence using a community-based response. Family promise is the national leader of emergency services for families at risk of and experiencing homelessness and offers a comprehensive, individualized and trauma-informed approach. Offering prevention, shelter, stabilization and housing, each program ascribes to national best practices yet is customized to the needs of the community. Family promise works to prevent homelessness and is often the only shelter solution in communities that will keep families in crisis together. Family promise's wraparound services help families quickly stabilize and secure long-term, affordable, safe housing. The national office provides technical assistance and expertise to a network of nearly 200 affiliates in over 40 states, mobilizing thousands of volunteers and serving approx. 60,000 families including 90,000 children each year.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.25x
Liabilities / Revenue
21st percentile
Higher debt load relative to revenue than 21% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
62nd percentile
Higher top officer pay than 62% of similar nonprofits.
Top officer pay equals 2.8% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$12,237,920
Up $4,677,277 (+62%) from 2023
Liabilities
Up$2,998,853
Up $2,549,122 (+567%) from 2023
Net Assets
Up$9,239,067
Up $2,128,155 (+30%) from 2023
Revenue
Up$9,327,636
Up $2,716,257 (+41%) from 2023
Expenses
Up$7,539,434
Up $1,755,226 (+30%) from 2023
Net Income
Up$1,788,202
Up $961,031 (+116%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $12,237,920
- Liabilities
- $2,998,853
- Net assets
- $9,239,067
- Revenue
- $9,327,636
- Expenses
- $7,539,434
- Net income
- $1,788,202
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 8, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $12,045,778
Mission and Program Overview
Mission
Family promise develops community-based affiliate programs that serve children and families experiencing homelessness and provides ongoing support for these affiliates to empower families to achieve and maintain their sustainable independence. Family promise provides technical assistance and expertise to a national network of more than 200 affiliate organizations in 42 states, mobilizing 180,000 volunteers and serving approximately 50,000 homeless family members each year.
The mission of family promise is to prevent and end homelessness for families with children and help them achieve sustainable independence through a community- based response.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $5,192,677 | $6,333,953 | ▲ $1,141,276 |
| Savings and Temporary Cash Investments | $1,696,726 | $4,684,097 | ▲ $2,987,371 |
| Cash and Non-Interest-Bearing Accounts | $442,303 | $859,318 | ▲ $417,015 |
| Prepaid Expenses and Deferred Charges | $91,331 | $66,680 | ▼ $24,651 |
| Pledges and Grants Receivable | $89,292 | $27,667 | ▼ $61,625 |
| Other Notes and Loans Receivable, Net | $20,000 | - | - |
| Accounts Receivable | $7,358 | $12,550 | ▲ $5,192 |
| Land, Buildings, and Equipment, Net | $20,956 | $9,851 | ▼ $11,105 |
| Total Assets | $7,560,643 | $12,237,920 | ▲ $4,677,277 |
| Other Assets Total | $0 | $243,804 | ▲ $243,804 |
| Liabilities | |||
| Deferred Revenue | $278,200 | $2,848,676 | ▲ $2,570,476 |
| Accounts Payable and Accrued Expenses | $171,531 | $150,177 | ▼ $21,354 |
| Total Liabilities | $449,731 | $2,998,853 | ▲ $2,549,122 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $6,929,295 | $8,001,322 | ▲ $1,072,027 |
| Net Assets With Donor Restrictions | $181,617 | $1,237,745 | ▲ $1,056,128 |
| Total Net Assets Fund Balance | $7,110,912 | $9,239,067 | ▲ $2,128,155 |
| Total Liabilities and Net Assets / Fund Balance | $7,560,643 | $12,237,920 | ▲ $4,677,277 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $0 | $751,548 | $751,548 |
| Equipment | $9,851 | $470,098 | $479,949 |
| Other Land Buildings | $0 | $45,140 | $45,140 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Cheryl Schuch | Chief Executive Officer | FT | $247,716 | $15,241 | $262,957 |
| Michael Kerkorian | Chief Development Officer | FT | $150,902 | $21,816 | $172,718 |
| Britt Darrow | Chief Financial Officer | FT | $144,835 | $18,881 | $163,716 |
| Sandra Miniutti | Chief Network Officer | FT | $152,288 | $10,024 | $162,312 |
| Shari Competiello | Chief Operating Officer | FT | $135,769 | $8,945 | $144,714 |
| Melissa Biggar | Senior Director of Communications & Annual Fund | FT | $103,847 | $21,757 | $125,604 |
| Carolyn Gordon | Senior Director of Program Development | FT | $104,273 | $11,508 | $115,781 |
| Amber Young | Director of Corporate Relations | FT | $101,156 | $12,233 | $113,389 |
Board Members and Trustees
| Name | Title |
|---|---|
| Michael Moody | Board Chair (as of 12/2024) |
| Betsy Bernard | Board Chair (through 12/2024) |
| Alex English | Trustee |
| Christopher King | Trustee |
| John Ferrie | Trustee |
| Joshua Barer | Trustee |
| Lori Winkler | Trustee |
| Mary Muliett | Trustee |
| Robert J Hugin | Trustee |
| Sarah Bird | Trustee |
| Stephen Wallace | Trustee |
| Tim Gamory | Trustee |
| Vernon Williams | Trustee |
| David Fleck | Trustee (as of 12/2024) |
| James Block | Trustee (as of 12/2024) |
| Leah Griffith | Trustee (as of 12/2024) |
| Andrew Pierce | Trustee (through Mid-2024) |
| Stacey Slater | Secretary |
| Linda Henry | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $8,278,235
- Program Service Revenue
- $949,305
- Investment Income
- $119,689
- Other Revenue
- $-19,593
- All Other Contributions
- $7,794,320
- Change in Net Assets
- $1,788,202
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- Yes
- Third parties used for noncash contributions
- No
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 10 | $259,623 | Value at Settlement |
| Clothing and Household Goods | - | $82,892 | Fair Market Value (FMV) |
| Total Noncash Contributions | 10 | $342,515 | - |
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $9,293,314
- Revenue Not Reported on Financial Statements
- $34,322
- Revenue Not Reported on Form 990
- $690,830
- Total Revenue per Audited Statements
- $9,984,144
- Total Revenue per Form 990
- $9,327,636
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,133,008 |
| Grants and Similar Amounts Paid | $3,074,605 |
| Other Expenses | $1,331,821 |
| Total Fundraising Expense | $356,617 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $2,451,332 | - | - | $2,451,332 |
| Other Salaries and Wages | $1,400,019 | $224,997 | $142,982 | $1,767,998 |
| Current Officers, Directors, Trustees, and Key Employees | $717,763 | $115,352 | $73,302 | $906,417 |
| Grants to Domestic Individuals | $623,273 | - | - | $623,273 |
| Fees for Services Other | $350,559 | $58,711 | $37,298 | $446,568 |
| Conferences and Meetings | $166,178 | $28,256 | $17,950 | $212,384 |
| Payroll Taxes | $163,349 | $26,252 | $16,682 | $206,283 |
| Other Employee Benefits | $144,039 | $23,148 | $14,711 | $181,898 |
| Office Expenses | $121,518 | $20,534 | $15,549 | $157,601 |
| Travel | $106,018 | $17,038 | $10,827 | $133,883 |
| Information Technology | $98,792 | $15,877 | $10,089 | $124,758 |
| Pension Plan Contributions | $55,757 | $8,961 | $5,694 | $70,412 |
| Fees for Service Investment Mgmnt Fees | - | $34,322 | - | $34,322 |
| Fees for Services Accounting | $29,389 | $2,418 | $1,547 | $33,354 |
| Insurance | $20,972 | $3,370 | $2,142 | $26,484 |
| Occupancy | $20,231 | $3,251 | $2,067 | $25,549 |
| Other Expenses | $15,488 | $7,677 | $4,879 | $15,488 |
| Depreciation Depletion | $8,794 | $1,413 | $898 | $11,105 |
| Total Functional Expenses | $6,591,240 | $591,577 | $356,617 | $7,539,434 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $7,855,989 |
| Total Expenses per Form 990 | $7,539,434 |
| Expenses per Audited Statements | $7,505,112 |
| Expenses Not Reported on Form 990 | $350,877 |
| Expenses Not Reported on Financial Statements | $34,322 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Family Promise of Spokane | Spokane, WA | 501(c)3 | Gerstner Helping Hands, Rainbow for Girls Grant, Siemer Family Stabilization Grant | $127,778 |
| Family Promise of Las Vegas | Las Vegas, NV | 501(c)3 | Gerstner Helping Hands, Siemer Family Stabilization Grant | $120,000 |
| Family Promise of Lawrence | Lawrence, KS | 501(c)3 | Gerstner Helping Hands, Siemer Family Stabilization Grant | $115,000 |
| Family Promise of Mid-willamette Valley | Nw Salem, OR | 501(c)3 | Gerstner Helping Hands, Siemer Family Stabilization Grant | $115,000 |
| Family Promise Union County | Elizabeth, NJ | 501(c)3 | Gerstner Helping Hands, Siemer Family Stabilization Grant | $57,540 |
| Family Promise of Northwest Arkansas | Fayetteville, AR | 501(c)3 | Grants From National | $30,360 |
| Family Promise of Larimer County | Loveland, CO | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $26,250 |
| Family Promise of Greater Orlando | Winter Park, FL | 501(c)3 | Gerstner Helping Hands, Belk Pos Grant | $26,000 |
| Family Promise of Midcoast Maine | Belfast, ME | 501(c)3 | Grants From National | $25,193 |
| Family Promise of Gallatin Valley Inc | Bozeman, MT | 501(c)3 | Gerstner Helping Hands | $25,000 |
| Family Promise of Hawaii | Honolulu, HI | 501(c)3 | Gerstner Helping Hands | $25,000 |
| Family Promise of Hendricks County | Plainfield, IN | 501(c)3 | Gerstner Helping Hands | $25,000 |
| Family Promise of Sussex County | Newton, NJ | 501(c)3 | Gerstner Helping Hands | $25,000 |
| Family Promise of West Michigan | Grand Rapids, MI | 501(c)3 | Gerstner Helping Hands | $25,000 |
| Family Promise of Greater Phoenix | Scottsdale, AZ | 501(c)3 | Gerstner Helping Hands | $24,930 |
| Family Promise of Greater Indianapolis | Indianapolis, IN | 501(c)3 | Gerstner Helping Hands | $24,107 |
| Family Promise of Pierce County | Spanaway, WA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant, Grants From National | $22,778 |
| Family Promise of Tulsa County | Tulsa, OK | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $21,625 |
| Family Promise of Athens | Athens, GA | 501(c)3 | Belk Pos Grant, Gerstner Helping Hands | $21,000 |
| Family Promise of Baldwin County | Summerdale, AL | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilizaion Grant | $21,000 |
| Family Promise of Beaufort County | Bluffton, SC | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilizaion Grant | $21,000 |
| Family Promise of Brevard Inc | Rockledge, FL | 501(c)3 | Belk Pos Grant, Gerstner Helping Hands | $21,000 |
| Family Promise of Forsyth County | Cumming, GA | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilization Grant | $21,000 |
| Family Promise of Gainesville | Gainesville, FL | 501(c)3 | Gerstner Helping Hands, Belk Pos Grant | $21,000 |
| Family Promise of Knoxville | Knoxville, TN | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilization Grant | $21,000 |
| Family Promise of Shenandoah County | Woodstock, VA | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilization Grant | $21,000 |
| Family Promise of the Lower Cape Fear | Wilmington, NC | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilization Grant | $21,000 |
| Family Promise of the Midlands | Columbia, SC | 501(c)3 | Belk Pos Grant, Fbh Housing & Stabilization Grant | $21,000 |
| Family Promise of Clear Creek | League City, TX | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $20,625 |
| Family Promise of Greater Denver | Denver, CO | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Target Circle Grant | $20,014 |
| Family Promise Salt Lake | Salt Lake City, UT | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Butler County | Hamilton, OH | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Essex County | Montclair, NJ | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of Great Falls | Great Falls, MT | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Metrowest | Natick, MA | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of Mid Michigan | Flint, MI | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Montgomery County | Conroe, TX | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Morris County | Morristown, NJ | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of North Shore Boston | Beverly, MA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $20,000 |
| Family Promise of Orange County | Anaheim, CA | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Philadelphia | Philadelphia, PA | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of South Palm Beach County | Delray Beach, FL | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of Southwest New Jersey | Clarksboro, NJ | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of Yellowstone Valley | Billings, MT | 501(c)3 | Fbh Housing & Stabilization Grant | $20,000 |
| Family Promise of the South Bay | Torrance, CA | 501(c)3 | Gerstner Helping Hands | $20,000 |
| Family Promise of Green County | Monroe, WI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $17,965 |
| Family Promise of Clark County | Vancouver, WA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant | $17,778 |
| Family Promise of Cowlitz | Kelso, WA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant | $17,778 |
| Family Promise of Grays Harbor | Aberdeen, WA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant | $17,778 |
| Family Promise of North Idaho | Couer Dalene, ID | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant | $17,778 |
| Family Promise of Skagit Valley | Sedro Woolley, WA | 501(c)3 | Gerstner Helping Hands, Rainbow for Girls Grant | $17,778 |
| Family Promise of the Palouse | Moscow, ID | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Rainbow for Girls Grant | $17,776 |
| Family Promise of Augusta | Martinez, GA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Bell County | Temple, TX | 501(c)3 | Belk Pos Grant, Gerstner Helping Hands | $16,000 |
| Family Promise of Blount County | Maryville, TN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Bradley County | Cleveland, TN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Bristol | Bristol, TN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Coastal Alabama | Mobile, AL | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Cobb County | Marietta, GA | 501(c)3 | Belk Pos Grant, Fbh Eviction Prevention & Shelter Diversion Grant | $16,000 |
| Family Promise of Davie County | Mocksville, NC | 501(c)3 | Belk Pos Grant, Fbh Eviction Prevention & Shelter Diversion Grant | $16,000 |
| Family Promise of Grayson County | Sherman, TX | 501(c)3 | Belk Pos Grant, Fbh Eviction Prevention & Shelter Diversion Grant | $16,000 |
| Family Promise of Greater Johnson City | Johnson City, TN | 501(c)3 | Belk Pos Grant, Fbh Eviction Prevention & Shelter Diversion Grant | $16,000 |
| Family Promise of Greater Kingsport | Kingsport, TN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Hall County | Oakwood, GA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Irving | Irving, TX | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Jacksonville | Jacksonville, FL | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of Pickens County | Easley, SC | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion, Belk Pos Grant | $16,000 |
| Family Promise of Roane County | Rockwood, TN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion, Belk Pos Grant | $16,000 |
| Family Promise of South Sarasota County | Venice, FL | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of White County | Cleveland, GA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise of the Triangle | Raleigh, NC | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $16,000 |
| Family Promise Chicago North Shore | Glencoe, IL | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise Rochester | Rochester, MN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise in Anoka County | Ramsey, MN | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Carbon County | Nesquehoning, PA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Cheyenne | Cheyenne, WY | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Grant County | Lancaster, WI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Greater Concord | Concord, NH | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Greater Helena | Helena, MT | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Greater Washington | Beaverton, OR | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Greater Wichita | Wichita, KS | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Hamilton County | Noblesville, IN | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Hudson | Jersey City, NJ | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Juneau | Juneau, AR | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Lake Houston | Humble, TX | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Laurens County | Laurens, SC | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Lehigh Valley | Allentown, PA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Main Line | Norristown, PA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Metro East | Portland, OR | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Monmouth County | Middleton, NJ | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Montco Pa | Ambler, PA | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Ogden | Ogden, UT | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Ontario County | Canandaigua, NY | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Ozaukee County | Port Washington, WI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Sacramento | Sacramento, CA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of San Gabriel Valley | San Gabriel, CA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Santa Clarita Valley | Santa Clarita, CA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Southern Chester County | Kennett Square, PA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Southern New Hampshire | Nashua, NH | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of St Tammany | Mandeville, LA | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Summit County | Akron, OH | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Washington County Wi | West Bend, WI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Waukesha County | Waukesha, WI | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Family Promise of Wayne County | Lyons, NY | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of the Great Rivers | Sparta, WI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of the Jersey Shore | West Creek, NJ | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Fort Bend Family Promise | Missouri City, TX | 501(c)3 | Gerstner Helping Hands | $15,000 |
| Greater Portland Family Promise | Portland, ME | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $15,000 |
| Family Promise of Seacoast Nh | Exeter, NH | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $14,911 |
| Family Promise of Albany County | Laramie, WY | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $11,467 |
| Family Promise of Northern Shenandoah Valley | Winchester, VA | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant, Belk Pos Grant | $11,000 |
| Family Promise of Tuscola County | Sandusky, MI | 501(c)3 | Fbh Eviction Prevention & Shelter Diversion Grant | $10,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $37,945 |
| Fundraising Gross Income | $18,352 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $115,905 | $18,352 | $15,510 | $2,842 |
| Total Events | $115,905 | $18,352 | $37,945 | $-19,593 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 8B
“The organization's governing body does not delegate authority to act on its behalf”
Form 990, Part VI, Section B, Line 11B
“The organization's finance team and leadership team review the 990 prior to circulating it to the board for review and formal approval”
Form 990, Part VI, Section B, Line 12C
“In the course of meetings or activities, staff, volunteers, or board members will disclose any interests in transactions or decisions where they or their family will receive benefit or gain. They will be asked to leave the room for discussion and will not be permitted to vote on the question.”
Form 990, Part VI, Section B, Line 15
“Compensation is reviewed and approved by the board. The process described here was last completed in 2024.”
Form 990, Part VI, Section C, Line 19
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. They are also posted on the organization's website.”
Filing and Contact Details
Filer
- Filer Name
- Family Promise Inc
- EIN
- 52-1591461
- Phone
- 9082731100
- Address
- 71 SUMMIT AVENUE, SUMMIT, NJ 07901
Signing Officer
- Name
- Cheryl Schuch
- Title
- Chief Executive Officer
- Phone
- 9082731100
- Signed
- 2025-05-08
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Cheryl Schuch
- Formed
- 1988
- Legal Domicile
- Nj
- Voting Board Members
- 18
- Independent Board Members
- 18
- Employees
- 36
- Volunteers
- 500
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 293 EISENHOWER PARKWAY 2ND FLOOR, LIVINGSTON, NJ 07039
- Preparer
- Bridget Hartnett
- Phone
- 9739949494
Supplemental Narrative
Additional Explanations
FORM 990, PART XII, LINE 2C:
“The process has not changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and, accordingly, is not liable for federal and state income taxes. The organization follows standards that provide clarification on accounting for uncertainty in income taxes recognized in the organization's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. No interest and penalties were recorded during the year ended december 31, 2024. At december 31, 2024, there are no significant income tax uncertanties that are expected to have a material impact on the organization's financial statements.”
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Special event expense 37,945.”
PART XII, LINE 2D - OTHER ADJUSTMENTS:
“Special event expense 37,945.”
Raw XML AppendixShowing 400 of 1,901 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF FAMILY PROMISE IS TO PREVENT AND END HOMELESSNESS FOR FAMILIES WITH CHILDREN AND HELP THEM ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH A COMMUNITY- BASED RESPONSE. |
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| IRS990/Desc | 0 | FAMILY PROMISE PROVIDES TECHNICAL ASSISTANCE TO OUR NETWORK OF NEARLY 200 AFFILIATES ACROSS THE COUNTRY WHICH PROVIDE PREVENTION, SHELTER, STABILIZATION, AND HOUSING SUPPORT SERVICES TO CHILDREN AND FAMILIES EXPERIENCING OR AT RISK OF HOMELESSNESS. OUR STAFF ASSISTS AFFILIATES TO ORGANIZE COMMUNITY EFFORTS, ASSISTS WITH TRAINING AND RECRUITING VOLUNTEERS, PROVIDES GUIDANCE ON OPERATIONS INCLUDING PROGRAM EXPERTISE, AND PROVIDES TECHNICAL ASSISTANCE. WE ALSO PROVIDE SIGNIFICANT PROGRAM FUNDING TO AFFILIATES THROUGH GRANTS ALLOWING THEM TO EXPAND THEIR LOCAL PROGRAMS. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | SENIOR DIRECTOR OF COMMUNICATIONS & ANNUAL FUND |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | SENIOR DIRECTOR OF PROGRAM DEVELOPMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | DIRECTOR OF CORPORATE RELATIONS |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1988 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 97553 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 37945 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 18352 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -3037 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 18 |
| IRS990/GovernmentGrantsAmt | 0 | 386362 |
| IRS990/GrantAmt | 0 | 2451332 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 623273 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 623273 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 2451332 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 2451332 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2677160 |
| IRS990/GrossReceiptsAmt | 0 | 12045778 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 18 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 10089 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 15877 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 98792 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 124758 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 2142 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3370 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 20972 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 26484 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 122726 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 122726 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 5192677 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 6333953 |
| IRS990/IRPDocumentCnt | 0 | 116 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1266786 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 20956 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9851 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1276637 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 2680197 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 1 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | FAMILY PROMISE'S MISSION IS TO PREVENT AND END HOMELESSNESS FOR FAMILIES WITH CHILDREN AND HELP THEM ACHIEVE SUSTAINABLE INDEPENDENCE USING A COMMUNITY-BASED RESPONSE. FAMILY PROMISE IS THE NATIONAL LEADER OF EMERGENCY SERVICES FOR FAMILIES AT RISK OF AND EXPERIENCING HOMELESSNESS AND OFFERS A COMPREHENSIVE, INDIVIDUALIZED AND TRAUMA-INFORMED APPROACH. OFFERING PREVENTION, SHELTER, STABILIZATION AND HOUSING, EACH PROGRAM ASCRIBES TO NATIONAL BEST PRACTICES YET IS CUSTOMIZED TO THE NEEDS OF THE COMMUNITY. FAMILY PROMISE WORKS TO PREVENT HOMELESSNESS AND IS OFTEN THE ONLY SHELTER SOLUTION IN COMMUNITIES THAT WILL KEEP FAMILIES IN CRISIS TOGETHER. FAMILY PROMISE'S WRAPAROUND SERVICES HELP FAMILIES QUICKLY STABILIZE AND SECURE LONG-TERM, AFFORDABLE, SAFE HOUSING. THE NATIONAL OFFICE PROVIDES TECHNICAL ASSISTANCE AND EXPERTISE TO A NETWORK OF NEARLY 200 AFFILIATES IN OVER 40 STATES, MOBILIZING THOUSANDS OF VOLUNTEERS AND SERVING APPROX. 72,000 FAMILIES INCLUDING 110,000 CHILDREN EACH YEAR. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7110912 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9239067 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -3037 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -3037 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -19593 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -19593 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 339953 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6929295 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 8001322 |
| IRS990/NoncashContributionsAmt | 0 | 342515 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 2067 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3251 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 20231 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 25549 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 15549 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 20534 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 121518 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 157601 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 243804 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 14711 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 23148 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 144039 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 181898 |
| IRS990/OtherExpensesGrp/Desc | 0 | TRAINING |
| IRS990/OtherExpensesGrp/Desc | 1 | INTERNS AND REGIONAL RE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 4879 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 7677 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 97769 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 15488 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 110325 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 15488 |
| IRS990/OtherOrganizationDsc | 0 | 1 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 142982 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 224997 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1400019 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1767998 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 20000 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 16682 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 26252 |
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