Family Promise Of Bradley County
- Assets
- $243.4k
- Revenue
- $266.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Cleveland, TN
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2074609
Organization Overview
Family Promise Of Bradley County is located in Cleveland, TN. The organization was established in 2010. 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 12/2021, Family Promise Of Bradley County employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Bradley County 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 Bradley County generated $266.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $216.4k during the year ending 12/2021. While expenses have increased by 15.1% 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
TO RESPOND TO THE GROWING NEED TO PROVIDE SHELTER, MEALS, AND COMPREHENSIVE SUPPORT SERVICES TO CHILDREN AND THEIR FAMILIES GOING THROUGH HOMELESS TRANSITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HOMELESS FAMILIES WITH SHELTER, MEALS AND COMPREHENSIVE SUPPORT TO RE-ESTABLISH INDEPENDENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Griffith President | OfficerTrustee | 1 | $0 |
Payten Holcombe President | OfficerTrustee | 1 | $0 |
Cindy Lawson Secretary | OfficerTrustee | 1 | $0 |
Tim Sharpe Vice Preside | OfficerTrustee | 1 | $0 |
Jennifer Sheely Treasurer | OfficerTrustee | 1 | $0 |
Shelley Coleman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $74,821 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $190,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,124 |
| Total Program Service Revenue | $0 |
| Investment income | $82 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$350 |
| Net Income from Fundraising Events | $1,581 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $266,499 |
| 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. | $41,956 |
| Compensation of current officers, directors, key employees. | $6,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,386 |
| Pension plan accruals and contributions | $1,213 |
| Other employee benefits | $850 |
| Payroll taxes | $6,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,404 |
| Advertising and promotion | $1,168 |
| Office expenses | $5,733 |
| Information technology | $1,381 |
| Royalties | $0 |
| Occupancy | $5,149 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $64 |
| Interest | $0 |
| Payments to affiliates | $1,500 |
| Depreciation, depletion, and amortization | $5,012 |
| Insurance | $9,046 |
| All other expenses | $79,404 |
| Total functional expenses | $216,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,150 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $3,200 |
| Prepaid expenses and deferred charges | $5,235 |
| Net Land, buildings, and equipment | $13,804 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $243,389 |
| Accounts payable and accrued expenses | $1,860 |
| 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 | $0 |
| Total liabilities | $1,860 |
| Net assets without donor restrictions | $178,490 |
| Net assets with donor restrictions | $63,039 |
| 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 | $243,389 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Promise Of Bradley County has recieved totaling $14,359.
| Awarding Organization | Amount |
|---|---|
Family Promise Inc Summit, NJ PURPOSE: BELK POS GRANT/FBH PREVENTION & SHELTER DIVERSION GRANT | $14,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knox Area Rescue Ministries Knoxville, TN | $20,292,191 | $22,883,471 |
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Nashville Rescue Mission Nashville, TN | $37,816,884 | $20,187,859 |
Forkids Inc Chesapeake, VA | $30,389,970 | $15,557,559 |
New Hope Housing Inc Alexandria, VA | $4,724,081 | $13,222,867 |
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |
24 7 Gateway Llc Atlanta, GA | $7,682,013 | $8,328,341 |
Partners For Home Inc Atlanta, GA | $5,368,701 | $9,349,512 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Homeward Bound Of Western North Carolina Inc Asheville, NC | $7,613,383 | $7,947,393 |