Family Promise Of The Main Line
- Assets
- $990.1k
- Revenue
- $406.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Norristown, PA
- Founding
- 06/1992
- Data as of
- 06/2024
- EIN
- 23-2664739
Organization Overview
Family Promise Of The Main Line is located in Norristown, PA. The organization was established in 1992. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Family Promise Of The Main Line employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of The Main Line 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 06/2024, Family Promise Of The Main Line generated $406.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $635.9k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP FAMILIES EXPERIENCING HOMELESSNESS AND LOW-INCOME FAMILIES ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH A COMMUNITY-BASED RESPONSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PROMISE OF THE MAIN LINE (FPML) HAS BEEN PROVIDING A PATHWAY TO HOPE AND STABILITY FOR OUR MOST VULNERABLE NEIGHBORS. IN FY2024 WE SERVED 24 FAMILIES, COMPRISED OF 83 INDIVIDUALS, THROUGH EMERGENCY SHELTER AND GRADUATE SELF-SUFFICIENCY SERVICES. THESE FAMILIES RECEIVED CRITICAL, EMERGENCY, BASIC NEEDS SUPPORTS ALONGSIDE CASE MANAGEMENT AND CONNECTION TO COMMUNITY BENEFITS AND SERVICES THAT STABILIZED THEIR HOUSING SITUATION AND OPENED A PATHWAY TOWARDS ECONOMIC SELF-SUFFICIENCY. ADDITIONALLY, WE PROVIDED AS MANY AS FOUR HOUSEHOLDS PER DAY WITH VITAL INFORMATION AND REFERRAL SERVICES TO HELP WITH ISSUES PUTTING THEM AT RISK OF A HOUSING CRISIS, INCLUDING RENTAL ASSISTANCE, UTILITY ASSISTANCE, FOOD ASSISTANCE, BENEFITS ASSISTANCE, TRANSPORTATION ASSISTANCE, CHILDCARE ASSISTANCE, AND INFORMATION ABOUT OUR EMERGENCY SHELTER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Wright President | OfficerTrustee | 2 | $0 |
Judith Duroseau Vice Preside | OfficerTrustee | 2 | $0 |
Michael Cunningham Treasurer | OfficerTrustee | 2 | $0 |
Lisa Mccarthy Secretary | OfficerTrustee | 2 | $0 |
Anne Minicozzi Board Member | 2 | $0 | |
James Baldwin Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $343,072 |
| Noncash contributions included in lines 1a–1f | $16,615 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,072 |
| Total Program Service Revenue | $0 |
| Investment income | $24,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,680 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,579 |
| Pension plan accruals and contributions | $4,878 |
| Other employee benefits | $11,391 |
| Payroll taxes | $14,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,432 |
| Advertising and promotion | $342 |
| Office expenses | $10,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,864 |
| Travel | $3,083 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $19,095 |
| Insurance | $12,415 |
| All other expenses | $20,005 |
| Total functional expenses | $635,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,217 |
| Savings and temporary cash investments | $667,926 |
| Pledges and grants receivable | $41,468 |
| 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 | $3,525 |
| Prepaid expenses and deferred charges | $2,366 |
| Net Land, buildings, and equipment | $152,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $990,111 |
| Accounts payable and accrued expenses | $28,132 |
| 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 | $0 |
| Other liabilities | $25,094 |
| Total liabilities | $53,226 |
| Net assets without donor restrictions | $893,385 |
| Net assets with donor restrictions | $43,500 |
| 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 | $990,111 |