Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Family Promise of Grayson County Inc.
EIN 81-1140179 • 501(c)3 • Sherman, TX
Pub. 78 Eligible
Profile
Intersecting faith and community to empower grayson county families to end child homelessness. Envisioning a community where no child is homeless.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.20x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 22.2% of source-year revenue.
Asset Growth
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Down$372,349
Down $59,319 (-14%) from 2023
Liabilities
Up$75,807
Up $60,766 (+404%) from 2023
Net Assets
Down$296,542
Down $120,085 (-29%) from 2023
Revenue
Down$260,437
Down $289,889 (-53%) from 2023
Expenses
Up$381,122
Up $115,060 (+43%) from 2023
Net Income
Down-$120,685
Down $404,949 (-142%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $372,349
- Liabilities
- $75,807
- Net assets
- $296,542
- Revenue
- $260,437
- Expenses
- $381,122
- Net income
- -$120,685
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 10, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $260,499
Mission and Program Overview
Mission
Intersecting faith and community to empower grayson county families to end child homelessness. Envisioning a community where no child is homeless.
Intersecting faith and community to empower grayson county families to end child homelessness.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $328,638 | $252,897 | ▼ $75,741 |
| Savings and Temporary Cash Investments | $100,000 | $107,549 | ▲ $7,549 |
| Land, Buildings, and Equipment, Net | $3,030 | $11,296 | ▲ $8,266 |
| Accounts Receivable | - | $607 | - |
| Total Assets | $431,668 | $372,349 | ▼ $59,319 |
| Liabilities | |||
| Deferred Revenue | - | $62,291 | - |
| Accounts Payable and Accrued Expenses | $15,041 | $13,516 | ▼ $1,525 |
| Total Liabilities | $15,041 | $75,807 | ▲ $60,766 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $355,703 | $235,618 | ▼ $120,085 |
| Net Assets With Donor Restrictions | $60,924 | $60,924 | → $0 |
| Total Net Assets Fund Balance | $416,627 | $296,542 | ▼ $120,085 |
| Total Liabilities and Net Assets / Fund Balance | $431,668 | $372,349 | ▼ $59,319 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $11,296 | $7,550 | $18,846 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Leigh Walker | Executive Di | FT | $57,780 | $57,780 |
Board Members and Trustees
| Name | Title |
|---|---|
| Becky Frank | Co-chair |
| Frank Rahm | Co-chair |
| Christy Close | Member |
| Jessica Wright | Member |
| Maureen Kane Stephenson | Member |
| Shannon Rennwanz | Member |
| Steve Showalter | Member |
| Larsha Thomas | Secretary |
| Chris Butler | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $245,863
- Program Service Revenue
- $0
- Investment Income
- $14,573
- Other Revenue
- $1
- All Other Contributions
- $172,085
- Change in Net Assets
- $-120,685
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $273,278 |
| Salaries, Compensation, and Employee Benefits | $107,844 |
| Total Fundraising Expense | $1,289 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | $49,113 | $8,667 | - | $57,780 |
| Other Salaries and Wages | $42,200 | - | - | $42,200 |
| Occupancy | $28,456 | $3,069 | - | $31,525 |
| Travel | $15,913 | $4,744 | - | $20,657 |
| Payroll Taxes | $7,201 | $663 | - | $7,864 |
| Other Expenses | $7,277 | - | - | $7,277 |
| Insurance | $4,737 | $1,370 | - | $6,107 |
| Fees for Services Accounting | - | $5,195 | - | $5,195 |
| Depreciation Depletion | $4,365 | - | - | $4,365 |
| Information Technology | $1,196 | $1,541 | - | $2,737 |
| Office Expenses | - | $1,903 | - | $1,903 |
| Advertising | - | - | $1,289 | $1,289 |
| Total Functional Expenses | $352,681 | $27,152 | $1,289 | $381,122 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Cornhole | $30,269 | - | - | - |
| No Show Gala | $24,124 | - | - | - |
| Total Events | $54,393 | - | - | - |
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
- No
- Backup withholding compliance
- No
- 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
- No
- Other officer compensation reviewed
- No
- 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, Page 6, Part VI, Line 11B
“No review was or will be conducted.”
Form 990, Page 6, Part VI, Line 19
“No documents available to the public”
Filing and Contact Details
Filer
- Filer Name
- Family Promise of Grayson County
- EIN
- 81-1140179
- Phone
- 9037710322
- Address
- 901 E HOUSTON ST SUITE 100, SHERMAN, TX 75090
Signing Officer
- Name
- Leigh Walker
- Title
- Executive Director
- Phone
- 9037710322
- Signed
- 2025-10-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Leigh Walker
- Formed
- 2016
- Legal Domicile
- TX
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 4
- Volunteers
- 250
Preparer
- Firm
- Barnett & Kloppers Pllc
- Address
- 123 N RUSK ST, SHERMAN, TX 75090-5851
- Preparer
- Timothy K Robinson
- Phone
- 9038931040
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4A
“Family promise of grayson county (fpgc), is an orgnaiztion that assists families with minor children facing or experiencing homelessness. Our rotation program, for families already experinceing homelessness, provides shelter for families by allowing them to stay in local congregations a week or two at a time. Fpgc provides the beds and trained volunteers from the congregations provide meals and hospitality. On average 88% of hte families that participate in the rataion program find stable housing. Guests without jobs usually find them or enroll in shcool to increase their income potential. Our family hope (housing opportunities to prevent evictions) program aims to keep families in their own homes (and avoid the trauma of homelessness) by assisting with rent or utilities and providing budgeting skills and case management. Our transitional home (tabitha house) is for families that have "graduated" from the rotation program and need more time to meet their financial goals (e.g. Saving for a vehicle or for a down payment on a house) families pay their utilities and a program fee while living there. Fpgc engages may volunteers to minister in a loving and caring way for families in need.”
Form 990, Page 2, Part III, Line 4D
“Our programs: (1)rotation: families with children experiencing homelessness are allowed to sleep in local churches for a week or two at a time. We provide beds and local congregations provide meals,space, and hospitality. During the day, guests can come to our day center,where there are showers, washer and dryer, a play area, a living room,computer access for job searches and online classes, transportation assistance, and cash management services; (2) family hope (housing opportunities to prevent evictions): provides familes with rent and utility assistance in order to prevent evictions; and (3) tabitha house: a transitional home for families needing additional time to meet their financial goals.”
Form 990, Part XI, Line 9
“Book / tax depreciation difference 600”
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| IRS990/Desc | 0 | FAMILY PROMISE OF GRAYSON COUNTY (FPGC), IS AN ORGNAIZTION THAT ASSISTS FAMILIES WITH MINOR CHILDREN FACING OR EXPERIENCING HOMELESSNESS. OUR ROTATION PROGRAM, FOR FAMILIES ALREADY EXPERINCEING HOMELESSNESS, PROVIDES SHELTER FOR FAMILIES BY ALLOWING THEM TO STAY IN LOCAL CONGREGATIONS A WEEK OR TWO AT A TIME. FPGC PROVIDES THE BEDS AND TRAINED VOLUNTEERS FROM THE CONGREGATIONS PROVIDE MEALS AND HOSPITALITY. ON AVERAGE 88% OF HTE FAMILIES THAT PARTICIPATE IN THE RATAION PROGRAM FIND STABLE HOUSING. GUESTS WITHOUT JOBS USUALLY FIND THEM OR ENROLL IN SHCOOL TO INCREASE THEIR INCOME POTENTIAL. OUR FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS) PROGRAM AIMS TO KEEP FAMILIES IN THEIR OWN HOMES (AND AVOID THE TRAUMA OF HOMELESSNESS) BY ASSISTING WITH RENT OR UTILITIES AND PROVIDING BUDGETING SKILLS AND CASE MANAGEMENT. OUR TRANSITIONAL HOME (TABITHA HOUSE) IS FOR FAMILIES THAT HAVE "GRADUATED" FROM THE ROTATION PROGRAM AND NEED MORE TIME TO MEET THEIR FINANCIAL GOALS (E.G. SAVING FOR A VEHICLE OR FOR A DOWN PAYMENT ON A HOUSE) FAMILIES PAY THEIR UTILITIES AND A PROGRAM FEE WHILE LIVING THERE. FPGC ENGAGES MAY VOLUNTEERS TO MINISTER IN A LOVING AND CARING WAY FOR FAMILIES IN NEED. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | OUR PROGRAMS: (1)ROTATION: FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS ARE ALLOWED TO SLEEP IN LOCAL CHURCHES FOR A WEEK OR TWO AT A TIME. WE PROVIDE BEDS AND LOCAL CONGREGATIONS PROVIDE MEALS,SPACE, AND HOSPITALITY. DURING THE DAY, GUESTS CAN COME TO OUR DAY CENTER,WHERE THERE ARE SHOWERS, WASHER AND DRYER, A PLAY AREA, A LIVING ROOM,COMPUTER ACCESS FOR JOB SEARCHES AND ONLINE CLASSES, TRANSPORTATION ASSISTANCE, AND CASH MANAGEMENT SERVICES; (2) FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS): PROVIDES FAMILES WITH RENT AND UTILITY ASSISTANCE IN ORDER TO PREVENT EVICTIONS; AND (3) TABITHA HOUSE: A TRANSITIONAL HOME FOR FAMILIES NEEDING ADDITIONAL TIME TO MEET THEIR FINANCIAL GOALS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FAMILY PROMISE OF GRAYSON COUNTY (FPGC), IS AN ORGNAIZTION THAT ASSISTS FAMILIES WITH MINOR CHILDREN FACING OR EXPERIENCING HOMELESSNESS. OUR ROTATION PROGRAM, FOR FAMILIES ALREADY EXPERINCEING HOMELESSNESS, PROVIDES SHELTER FOR FAMILIES BY ALLOWING THEM TO STAY IN LOCAL CONGREGATIONS A WEEK OR TWO AT A TIME. FPGC PROVIDES THE BEDS AND TRAINED VOLUNTEERS FROM THE CONGREGATIONS PROVIDE MEALS AND HOSPITALITY. ON AVERAGE 88% OF HTE FAMILIES THAT PARTICIPATE IN THE RATAION PROGRAM FIND STABLE HOUSING. GUESTS WITHOUT JOBS USUALLY FIND THEM OR ENROLL IN SHCOOL TO INCREASE THEIR INCOME POTENTIAL. OUR FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS) PROGRAM AIMS TO KEEP FAMILIES IN THEIR OWN HOMES (AND AVOID THE TRAUMA OF HOMELESSNESS) BY ASSISTING WITH RENT OR UTILITIES AND PROVIDING BUDGETING SKILLS AND CASE MANAGEMENT. OUR TRANSITIONAL HOME (TABITHA HOUSE) IS FOR FAMILIES THAT HAVE "GRADUATED" FROM THE ROTATION PROGRAM AND NEED MORE TIME TO MEET THEIR FINANCIAL GOALS (E.G. SAVING FOR A VEHICLE OR FOR A DOWN PAYMENT ON A HOUSE) FAMILIES PAY THEIR UTILITIES AND A PROGRAM FEE WHILE LIVING THERE. FPGC ENGAGES MAY VOLUNTEERS TO MINISTER IN A LOVING AND CARING WAY FOR FAMILIES IN NEED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OUR PROGRAMS: (1)ROTATION: FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS ARE ALLOWED TO SLEEP IN LOCAL CHURCHES FOR A WEEK OR TWO AT A TIME. WE PROVIDE BEDS AND LOCAL CONGREGATIONS PROVIDE MEALS,SPACE, AND HOSPITALITY. DURING THE DAY, GUESTS CAN COME TO OUR DAY CENTER,WHERE THERE ARE SHOWERS, WASHER AND DRYER, A PLAY AREA, A LIVING ROOM,COMPUTER ACCESS FOR JOB SEARCHES AND ONLINE CLASSES, TRANSPORTATION ASSISTANCE, AND CASH MANAGEMENT SERVICES; (2) FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS): PROVIDES FAMILES WITH RENT AND UTILITY ASSISTANCE IN ORDER TO PREVENT EVICTIONS; AND (3) TABITHA HOUSE: A TRANSITIONAL HOME FOR FAMILIES NEEDING ADDITIONAL TIME TO MEET THEIR FINANCIAL GOALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOOK / TAX DEPRECIATION DIFFERENCE 600 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-10 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | SHERMAN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
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