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Charity Rating

Family Promise
71 Summit Avenue
Summit , NJ 07901
tel: (908) 273-1100
fax: (908) 273-0030
EIN: 52-1591461

Contact Email
Visit Web Site

Board Leadership

Cary Hardy
Chairman

CEO

Claas Ehlers
President


Give From Your Donor Advised Fund

Human Services : Homeless Services

Family Promise

Building communities, strengthening lives

 
  Score
(out of 100)
Rating
Overall 97.16 4 stars
  Financial 95.99 4 stars
  Accountability & Transparency 100.00 4 stars
This rating was published 12/01/2015 using data for FY2014, the most recent 990 received at that time.

Overall Rating Chart

Learn more about how we calculate the overall score and rating.

Financial Performance Metrics (Data from FY2014 990)
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
84.9%
  Administrative Expenses 7.0%
  Fundraising Expenses 8.0%
  Fundraising Efficiency $0.09
  Primary Revenue Growth 16.8%
  Program Expenses Growth 10.3%
  Working Capital Ratio (years) 0.94
All data for Financial Performance Metrics calculations was provided by Family Promise on the FY2014 990 they filed with the IRS

Income Statement     (FYE 12/2014)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,642,919
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,642,919
   Program Service Revenue $0
Total Primary Revenue $1,642,919
   Other Revenue $352,410
TOTAL REVENUE $1,995,329
   
EXPENSES  
   Program Expenses $1,579,964
   Administrative Expenses $130,115
   Fundraising Expenses $148,703
TOTAL FUNCTIONAL EXPENSES $1,858,782
   
Payments to Affiliates $0
Excess (or Deficit) for the year $136,547
   
Net Assets $1,760,567

Charts

Compensation of Leaders     (FYE 12/2014)

Compensation % of Expenses Paid to Title
$103,584 5.57% Karen Olson President

Mission

Family Promise is committed to helping low-income families nationwide achieve lasting independence and to redress the underlying causes of poverty and homelessness. We accomplish our mission through four program areas: Interfaith Hospitality Networks (IHNs) - provide shelter, meals, and comprehensive support services to homeless families; Family Mentoring - helps prevent homelessness by training volunteers to be advisors and advocates to low-income families; Just Neighbors - an interactive educational program, raises awareness of the root causes of poverty and homelessness as the first step in establishing community-based responses; and Community Initiatives - fosters local IHN outgrowth programs, such as transitional housing, job training, childcare, and literacy.

Charities Performing Similar Types of Work

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Promise (NJ) 97.16 4 stars
Transitions Homeless Recovery Center (SC) 85.54 3 stars
Adopt-A-Family (FL) 90.65 4 stars
Gateway180 :: Homelessness Reversed (MO) 88.84 3 stars
New Horizons (NH) 87.80 3 stars

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