Family Promise Of Gallatin Valley Inc
- Assets
- $6.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 48
- Location
- Bozeman, MT
- Founding
- 10/2005
- Data as of
- 06/2023
- EIN
- 11-3739588
Organization Overview
Family Promise Of Gallatin Valley Inc is located in Bozeman, MT. The organization was established in 2005. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2023, Family Promise Of Gallatin Valley Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Gallatin Valley Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Family Promise Of Gallatin Valley Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $2.7m during the year ending 06/2023. While expenses have increased by 34.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY PROMISE OF GALLATIN VALLEY IN MONTANA IS A NON-PROFIT ORGANIZATION WORKING WITH OUR COMMUNITY TO DEVELOP COMPREHENSIVE, HOLISTIC SOLUTIONS FOR FAMILIES FACING HOMELESSNESS. WE PROVIDE PREVENTION SERVICES BEFORE FAMILIES REACH A CRISIS, SHELTER AND CASE MANAGEMENT WHEN THEY BECOME HOMELESS, AND STABILIZATION PROGRAMS ONCE THEY HAVE SECURED HOUSING TO ENSURE THEY REMAIN INDEPENDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY LEARNING CENTER - RISING STARS EARLY LEARNING CENTER PROVIDES AFFORDABLE, QUALITY CHILD CARE AND EARLY LEARNING OPPORTUNITIES TO OUR COMMUNITY REGARDLESS OF THEIR ABILITY TO PAY.
OTHER PROGRAMS AS PREVENTION AND DIVERSION; AND COMMUNITY INITIATIVES.
SHELTER AND PROVISIONS - FAMILY PROMISE OF GALLATIN VALLEY IS ABLE TO PROVIDE EMERGENCY SHELTER TO UPTO 18 FAMILIES AT ONE TIME. FAMILIES WORKING WITH US ARE REQUIRED TO MEET WITH A FAMILY PROMISE CASE MANAGER ONCE A WEEK. OUR FAMILY CASE MANAGERS EMPOWER OUR GUESTS TO CREATE GOALS THAT HELP ADDRESS EACH FAMILY'S UNIQUE SITUATION. TOGETHER, THEY WORK TO FIND SOLUTIONS TO OVERCOME POTENTIAL CHALLENGES RELATED TO HOUSING, EMPLOYMENT, CHILDCARE, WELL-BEING, AND TRANSPORTATION. OUR CASE MANAGERS ALSO PROVIDE INFORMATION AND ACCESS TO ADDITIONAL RESOURCES WITHIN OUR COMMUNITY.
PREPARATION AND STABILIZATION - HOMELESSNESS HAS MANY CAUSES AND HOUSING STABILITY REQUIRES MULTIPLE SOLUTIONS. OUR GOAL IS NOT SIMPLY GETTING FAMILIES INTO HOUSING, IT IS KEEPING THEM IN HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christel Chvilicek Executive Director | Officer | 50 | $108,600 |
Lori Hart Immediate Past Chair | OfficerTrustee | 8 | $0 |
Kelley Dowdell President | OfficerTrustee | 10 | $0 |
Chris Mccloud Vice Chair | OfficerTrustee | 5 | $0 |
Rick Landers Treasurer | OfficerTrustee | 5 | $0 |
Anna Edwards Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,100 |
| Related organizations | $0 |
| Government grants | $528,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,121,996 |
| Noncash contributions included in lines 1a–1f | $701,003 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,701,861 |
| Total Program Service Revenue | $760,019 |
| Investment income | $1,519 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $588,514 |
| Net Income from Fundraising Events | $18,948 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,075,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $343,448 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,000 |
| Compensation of current officers, directors, key employees. | $7,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,287,860 |
| Pension plan accruals and contributions | $14,722 |
| Other employee benefits | $124,927 |
| Payroll taxes | $124,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,104 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,781 |
| Advertising and promotion | $42,998 |
| Office expenses | $167,517 |
| Information technology | $13,262 |
| Royalties | $0 |
| Occupancy | $102,156 |
| Travel | $11,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,639 |
| Interest | $48,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,710 |
| Insurance | $40,048 |
| All other expenses | $0 |
| Total functional expenses | $2,740,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $883,523 |
| Savings and temporary cash investments | $902 |
| Pledges and grants receivable | $233,544 |
| Accounts receivable, net | $2,197 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $349 |
| Net Land, buildings, and equipment | $4,968,197 |
| Investments—publicly traded securities | $25,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $6,164,581 |
| Accounts payable and accrued expenses | $133,610 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $685,240 |
| Other liabilities | $2,825 |
| Total liabilities | $821,675 |
| Net assets without donor restrictions | $5,248,188 |
| Net assets with donor restrictions | $94,718 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,164,581 |