Family Promise Of Bergen County A New Jersey Non Profit Corporation is located in Ridgewood, NJ. The organization was established in 1988. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Family Promise Of Bergen County A New Jersey Non Profit Corporation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Bergen County A New Jersey Non Profit Corporation 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 12/2022, Family Promise Of Bergen County A New Jersey Non Profit Corporation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 9.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TEMPORARY SHELTER AND SUPPORT TO WORKING FAMILIES EXPERIENCING HOMELESSNESS, AND A DINNER PROGRAM TO ADDRESS FOOD INSECURITY IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WALK-IN DINNER PROGRAM: SINCE 1991, FAMILY PROMISE HAS PROVIDED FREE MEALS TO ANYONE WHO NEEDS ONE, NO QUESTIONS ASKED. WHEN THE HOUSING, HEALTH, AND HUMAN SERVICES CENTER OPENED IN 2008, THE COUNTY OF BERGEN ASKED FAMILY PROMISE TO PROVIDE MEALS TO SHELTER RESIDENTS AND ANYONE FROM THE COMMUNITY WHO CAME TO EAT IN THE SHELTER DINING ROOM. BEGINNING IN APRIL 2020, THE COUNTY RELOCATED SHELTER RESIDENTS TO MOTELS TO PREVENT THE SPREAD OF COVID19. IMMEDIATELY, FAMILY PROMISE VOLUNTEERS BEGAN PACKING MEALS TO-GO AND DELIVERING THEM TO THE INDIVIDUALS AT THE MOTELS. FAMILY PROMISE PROVIDED ADDITIONAL TO-GO MEALS TO MEMBERS OF THE COMMUNITY WHO CAME TO THE SHELTER LOADING DOCK SEEKING A NIGHTLY MEAL. BY 2022, THE COUNTY HAD RETURNED ALL THE RESIDENTS BACK TO THE SHELTER AND FAMILY PROMISE RESUMED FEEDING THEM INSIDE. AT THE SAME TIME, THERE WERE APPROXIMATELY 150 PEOPLE FROM THE COMMUNITY, MANY OF THEM FAMILIES WITH CHILDREN, WHO HAD COME TO RELY ON THE MEALS. WE CONTINUE TO PROVIDE THEM MEALS TO-GO.IN 2022, FAMILY PROMISE PROVIDED 52,787 MEALS TO COUNTY SHELTER RESIDENTS, AS WELL AS FAMILIES WITH CHILDREN AND INDIVIDUALS FROM THE COMMUNITY. SINCE ITS INCEPTION IN 1991, THE FAMILY PROMISE WALK-IN DINNER HAS SERVED OVER 1.3 MILLION MEALS TO VULNERABLE ADULTS, FAMILIES AND CHILDREN VALUED AT APPROXIMATELY $6.5 MILLION. RECEIVING FREE MEALS ENABLES FAMILIES AND INDIVIDUALS TO CONSERVE SOME OF THEIR MODEST INCOME AND USE IT TO PAY RENT, MAKING THIS PROGRAM A FORM OF HOMELESS PREVENTION.
HOMELESS PREVENTION PROGRAM: IT IS MUCH MORE COST EFFECTIVE TO KEEP FAMILIES IN THEIR CURRENT HOME THAN TO REHOUSE THEM AFTER THEY HAVE BEEN EVICTED. THIS IS ESPECIALLY TRUE AS RENTS HAVE SKYROCKETED SINCE THE BEGINNING OF THE COVID PANDEMIC. FAMILY PROMISE PROVIDES FUNDING TO WORKING FAMILIES FOR RENT, RENTAL ARREARS, AND SERVICES DESIGNED TO ALLOW THEM TO REMAIN IN STABLE HOUSING. OFTEN, A SMALL AMOUNT OF ASSISTANCE CAN KEEP A FAMILY FROM SPIRALING INTO HOMELESSNESS. FAMILIES ACCEPTED INTO THIS PROGRAM MEET WITH CASE MANAGERS AND ARE ABLE TO PARTICIPATE IN ADDITIONAL ACTIVITIES TO SUPPORT THEIR CONTINUED SUCCESS MAINTAINING STABLE HOUSING. IN 2022, FAMILY PROMISE PROVIDED OVER $143,000 IN HOMELESS PREVENTION FUNDING TO 42 FAMILIES COMPRISED OF 62 ADULTS AND 246 CHILDREN. SOME FAMILIES RECEIVED FUNDING FOR BOTH RENTAL ARREARS AND RENTAL ASSISTANCE GOING FORWARD, AND ARE ONLY COUNTED ONCE IN OUR STATISTICS.
NEW LEAF/NEW LIFE: TRANSITIONAL HOUSING PROGRAM: HOMELESSNESS IS A COMPLEX SITUATION WITH MANY CAUSES AND UNDERLYING ISSUES. AFTER A THOROUGH SCREENING AND ASSESSMENT PERIOD IN THE BRIDGE PROGRAM, CLIENT FAMILIES WHO SHOW PARTICULAR MOTIVATION AND NEED ADDITIONAL TIME TO ADDRESS THEIR PERSONAL, FINANCIAL, AND EMPLOYMENT GOALS HAVE THE OPPORTUNITY TO LIVE IN ONE OF THE APARTMENTS THAT FAMILY PROMISE RENTS AND MANAGES. FAMILY CASE MANAGERS OFFER SUPPORT AND GUIDANCE TO FAMILIES AS THEY ASSUME THESE INDEPENDENT LIVING SITUATIONS. FAMILIES CAN REMAIN IN AN APARTMENT FOR UP TO TWO YEARS OR MORE AS LONG AS THEY ARE WORKING TOWARD THEIR GOALS. FAMILIES IN THIS PROGRAM ARE ABLE TO AVAIL THEMSELVES OF ALL OF THE SERVICES FAMILY PROMISE OFFERS. THESE INCLUDE:- JOB TRAINING AND EDUCATIONAL ADVANCEMENT, WHICH GIVE PARENTS THE TOOLS TO COMPETE FOR BETTER PAYING JOBS. CHILDCARE AND TRANSPORTATION SUBSIDIES REMOVE COMMON BARRIERS TO SUCCESSFUL EMPLOYMENT.- THE FINANCIAL EDUCATION THAT FAMILIES RECEIVE EQUIPS THEM WITH THE KNOWLEDGE NECESSARY FOR EFFECTIVE MONEY MANAGEMENT. FAMILIES ATTEND MONTHLY WORKSHOPS AND MEET INDIVIDUALLY WITH A PROFESSIONAL FINANCIAL COACH AT LEAST MONTHLY TO ADDRESS THEIR UNIQUE FINANCIAL CHALLENGES. ADDITIONALLY, ALL FAMILIES PARTICIPATE IN A MANDATORY SAVINGS PLAN. FAMILIES BUILD THEIR SAVINGS AND CREATE AN EMERGENCY FUND, WHICH PREPARES THEM FOR UNEXPECTED CHALLENGES ONCE THEY GRADUATE FROM THE NEW LEAF PROGRAM.- PERSONAL EMPOWERMENT WORKSHOPS HELP FAMILIES GAIN CONTROL OF THEIR LIVES BY INCREASING THEIR KNOWLEDGE AND CONFIDENCE. AS FAMILIES BECOME EMPOWERED, THEY BEGIN OPERATING FROM A STANDPOINT OF OPTIMISM AND SELF-DETERMINATION AS THEY ADVANCE TOWARD THEIR GOALS. IN 2022, FAMILIES EXPLORED TOPICS SUCH AS POSITIVE PARENTING TECHNIQUES, JOB READINESS SKILL BUILDING, AND RELAXATION TECHNIQUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Shackford President | OfficerTrustee | 15 | $0 |
Nadine Z Genet Vice President | OfficerTrustee | 5 | $0 |
Jerrold Fleisher Secretary | OfficerTrustee | 3 | $0 |
Rachel Votto Treasurer | OfficerTrustee | 5 | $0 |
Daniel R Boyer Fund Devel. Committee Chair | Trustee | 5 | $0 |
Ann Marie Mccann Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $40,000 |
Membership dues | $0 |
Fundraising events | $187,871 |
Related organizations | $0 |
Government grants | $81,431 |
All other contributions, gifts, grants, and similar amounts not included above | $1,583,006 |
Noncash contributions included in lines 1a–1f | $411,149 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,892,308 |
Total Program Service Revenue | $0 |
Investment income | $8,374 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,884 |
Net Income from Fundraising Events | $2,237 |
Net Income from Gaming Activities | $29,422 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,945,948 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $691,439 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $129,672 |
Compensation of current officers, directors, key employees. | $19,451 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $430,682 |
Pension plan accruals and contributions | $8,496 |
Other employee benefits | $24,742 |
Payroll taxes | $44,808 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,970 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,902 |
Advertising and promotion | $8,542 |
Office expenses | $40,973 |
Information technology | $15,656 |
Royalties | $0 |
Occupancy | $122,064 |
Travel | $1,888 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $6,750 |
Depreciation, depletion, and amortization | $2,731 |
Insurance | $10,195 |
All other expenses | $0 |
Total functional expenses | $1,645,621 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $684,927 |
Savings and temporary cash investments | $2,264,916 |
Pledges and grants receivable | $218,214 |
Accounts receivable, net | $0 |
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 | $5,000 |
Net Land, buildings, and equipment | $4,698 |
Investments—publicly traded securities | $125,093 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,088 |
Total assets | $3,313,936 |
Accounts payable and accrued expenses | $53,950 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $103,812 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $157,762 |
Net assets without donor restrictions | $2,168,778 |
Net assets with donor restrictions | $987,396 |
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 | $3,313,936 |