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Charity Contact Info

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

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Board Leadership

Cary Hardy


Claas Ehlers

Give From Your Donor Advised Fund

Human Services : Homeless Services

Family Promise

Building communities, strengthening lives

(out of 100)
Overall Score & Rating 99.97 4 stars
  Financial 99.97 4 stars
  Accountability & Transparency 100.00 4 stars
This rating was published 06/01/2016 and includes data from 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
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
  Administrative Expenses 7.0%
  Fundraising Expenses 7.9%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.14
  Program Expenses Growth 10.3%
  Liabilities to Assets 1.4%
All data for Financial Performance Metrics calculations was provided by Family Promise on recent 990s filed with the IRS.

Income Statement     (FYE 12/2014)

   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
   Program Expenses $1,579,964
   Administrative Expenses $130,115
   Fundraising Expenses $148,703
Payments to Affiliates $0
Excess (or Deficit) for the year $136,547
Net Assets $1,760,567

Financial Charts

Compensation of Leaders     (FYE 12/2014)

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


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.

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