Family Promise Of Midland Texas Inc is located in Midland, TX. The organization was established in 2010. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Family Promise Of Midland Texas Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Midland Texas 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 12/2021, Family Promise Of Midland Texas Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $505.7k during the year ending 12/2021. While expenses have increased by 4.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MIDLAND INTERFAITH HOSPITALITY NETWORK (MIHN) - THE MIHN IS A PARTNERSHIP OF CONGREGATIONS WITHIN THE COMMUNITY HELPING FAMILIES WHO ARE FACING HOMELESSNESS. MIHN USES EXISTING COMMUNITY RESOURCES TO PROVIDE COMPREHENSIVE SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS. THIS UNIQUE COMMUNITY RESPONSE OFFERS AN OPPORTUNITY FOR VOLUNTEERS FROM LOCAL CONGREGATIONS TO BE ON THE FRONT LINE OF MIDLAND'S EFFORT TO REDUCE HOMELESSNESS WHILE TRANSFORMING THE LIVES OF FAMILIES IN NEED. ON A ROTATING BASIS, HOST CONGREGATIONS TYPICALLY PROVIDE MEALS, AND EQUALLY IMPORTANT, HOSPITALITY, FOR UP TO 4 FAMILIES FOR ONE WEEK, TWO-FOUR TIMES A YEAR. FAMILIES FORWARD TRANSITIONAL HOUSING (FF) - FAMILY PROMISE OF MIDLAND OWNS AND OPERATES 3 DUPLEXES DESIGNED TO PROVIDE FAMILIES THE RESOURCES TO REACH HIGHER LEVELS OF SELF-SUFFICIENT AND INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDLAND INTERFAITH HOSPITALITY NETWORK (MIHN) - FAMILY PROMISE OF MIDLAND CURRENTLY HAS 12 CONGREGATIONS SUPPORTING THIS PROGRAM. FAMILY PROMISE MAY SERVE UP TO 4 FAMILIES AT A TIME; 14 PEOPLE. WHILE IN THE PROGRAM, THE ADULTS ARE REQUIRED TO WORK FULL-TIME, GO TO SCHOOL FULL-TIME, OR A COMBINATION THEREOF. FAMILIES WORK WITH A CASE MANAGER ON SHORT-TERM OBJECTIVES, OBTAINING LONG-TERM GOALS. ALL FAMILIES HAVE CREDIT REPORTS RUN AND THEN BEGIN ON INCREASING THEIR CREDIT SCORES, WHILE REDUCING DEBT. IN ADDITION, ALL FAMILIES ARE REQUIRED TO SAVE 80% OF THEIR EARNED INCOME IN THEIR OWN BANK ACCOUNTS. PARENTS ARE ALSO REQUIRED TO ATTEND MONTHLY TRAININGS, INCLUDING FINANCIAL LITERACY TRAINING. THE AVERAGE STAY IN THE MIHN FOR FAMILIES IS 81 DAYS. DUE TO THE UNPRECEDENTED PANDEMIC, THE SERVICE DELIVERY MODEL OF THIS PROGRAM CHANGED IN MARCH 2020. WE REDUCED THE NUMBER OF FAMILIES WE COULD ACCEPT INTO THE PROGRAM TO 3/14 PEOPLE, BECAUSE WE MOVED THE FAMILIES TO ONE OF OUR FAMILIES FORWARD 3 BEDROOM / 2 BATH UNITS. THE FAMILIES NO LONGER WENT TO THE CONGREGATIONS, RATHER THE CONGREGATIONS THAT WERE SUPPOSED TO HOST, DROPPED OFF MEALS TO THE FAMILIES AT THE UNIT. THIS CONTINUED THROUGH 2021.WE SERVED 9 FAMILIES DURING 2021 INCLUDING 9 ADULTS AND 15 CHILDREN UNDER 18 FOR A TOAL OF 24 INDIVIDUALS SERVED. FOUR FAMILIES GRADUATED EITHER TO OUR FAMILIES FORWARD PROGRAM, HUD HOUSING, INCOME-RESTRICTED HOUSING OR MARKET RATE HOUSING. TWO FAMILIES LEFT THE PROGRAM DURING THE YEAR AND THREE FAMILIES REMAINED IN THE PROGRAMS AT YEAR END.
FAMILIES FORWARD TRANSITIONAL HOUSING (FF) - WE OPERATE THREE DUPLEXES WITH FIVE UNITS OF THREE BEDROOM/THREE BATHS AND ONE UNIT WITH TWO BEDROOMS/TWO BATHS. FAMILIES PAY A MONTHLY PROGRAM FEE THAT ASSISTS IN THE COSTS OF PROVIDING FREE CASE MANAGEMENT, FREE UTILITIES, AND FREE CHILD CARE. FAMILIES MAY LIVE IN THESE UNITS FOR UP TO 2 YEARS. WHILE IN THE PROGRAM, FAMILIES WORK DILIGENTLY IN REDUCING THEIR DEBT, INCREASING THEIR SAVINGS, AND INCREASING THEIR EMPLOYABILITY FOR LONG TERM GAIN. FAMILIES ARE REQUIRED TO SAVE 20% OF THEIR EARNED INCOME AND ATTEND MONTHLY PARENT TRAININGS. TWO UNITS HAVE BEEN DESIGNATED AS INCOME RESTRICTED (LESS THAN OR EQUAL TO 30% OF TAKE-HOME INCOME) AND/OR RAPID REHOUSING.CONSTRUCTION CONTINUED ON PHASE II OF THE RENOVATION/EXPANSION PROJECT, WHICH INCLUDES THE BUILDING OF 5 DUPLEXES, A STORAGE BUILDING, A BASKETBALL COURT, AND A PLAYGROUND. PHASE II IS THE EXPANSION OF OUR FAMILIES FORWARD TRANSITIONAL HOUSING PROGRAM. ONCE COMPLETED, WE WILL DOUBLE OUR CAPACITY TO SERVE 20 FAMILIES AT A TIME (4 IN THE MIHN AND 16 IN FF). THIS PROJECT WAS COMPLETED IN THE SPRING OF 2022.DURING 2021, WE SERVED 9 FAMILIES INCLUDING 10 ADULTS AND 25 CHILDREN UNDER 18 FOR A TOTAL OF 35 INDIVIDUALS SERVED. THREE FAMILIES GRADUATED THE PROGRAM AND MOVED TO PURCHASED OR RENTED HOUSING. THREE FAMILIES LEFT THE PROGRAM DURING THE YEAR AND THREE FAMILES REMAINED IN THE PROGRAM AT YEAR END.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Miller Executive Dir. | Officer | 40 | $81,634 |
Mikanna Baker Treasurer | OfficerTrustee | 1 | $0 |
Doug Buchanan Vice President | OfficerTrustee | 1 | $0 |
Chris Butler President | OfficerTrustee | 1 | $0 |
Beth Bradford Secretary | OfficerTrustee | 1 | $0 |
Jessica Sparkman Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Vandergriff Group Architect | 12/30/20 | $146,704 |
Mw Builders Building Contractor | 12/30/20 | $1,805,936 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $32,200 |
All other contributions, gifts, grants, and similar amounts not included above | $1,035,442 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,642 |
Total Program Service Revenue | $16,722 |
Investment income | $6,127 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $46,944 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,138,946 |
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. | $81,634 |
Compensation of current officers, directors, key employees. | $11,345 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $112,963 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,500 |
Payroll taxes | $15,596 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,425 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,674 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $103,132 |
Travel | $0 |
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 | $85,618 |
Insurance | $0 |
All other expenses | $6,376 |
Total functional expenses | $505,701 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $502,737 |
Savings and temporary cash investments | $746,736 |
Pledges and grants receivable | $41,370 |
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 | $5,364 |
Net Land, buildings, and equipment | $6,589,633 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,885,840 |
Accounts payable and accrued expenses | $33,074 |
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 | $3,626 |
Total liabilities | $36,700 |
Net assets without donor restrictions | $7,210,282 |
Net assets with donor restrictions | $638,858 |
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 | $7,885,840 |
Over the last fiscal year, we have identified 4 grants that Family Promise Of Midland Texas Inc has recieved totaling $132,579.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $52,200 |
Permian Basin Area Foundation Midland, TX PURPOSE: Human Services | $49,879 |
James A Buddy Davidson Charitable Foundation Midland, TX PURPOSE: FAMILY FWD UTILITIES & DAYCARE | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,500 |
Organization Name | Assets | Revenue |
---|---|---|
Ragin Cajun Facilities Inc Lafayette, LA | $263,550,740 | $22,159,335 |
University Facilities Inc Hammond, LA | $142,004,479 | $18,110,312 |
The Macguire Center El Paso, TX | $178,858 | $665,370 |
Projecthandup Grapevine, TX | $51,069,660 | $5,731,956 |
Boles Childrens Home Inc Quinlan, TX | $12,043,794 | $1,742,939 |
Temenos Community Development Corpo Ration Houston, TX | $5,605,357 | -$300,037 |
Empower 225 Baton Rouge, LA | $1,080,614 | $2,677,785 |
Reynolds House Non-Profit Corporation El Paso, TX | $703,756 | $1,361,764 |
Reflection Ministries Of Texas Inc Midland, TX | $2,559,712 | $2,275,639 |
Covenant Recovery Inc Pine Bluff, AR | $956,380 | $1,711,087 |
New Orleans Women & Childrens Shelter Inc New Orleans, LA | $1,027,149 | $1,948,703 |
Inter-Cooperative Council At University Of Texas Inc Austin, TX | $6,304,599 | $1,430,552 |