Family Promise Of Martin County
- Assets
- $682.0k
- Revenue
- $538.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Stuart, FL
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-3848930
Organization Overview
Family Promise Of Martin County is located in Stuart, FL. The organization was established in 2018. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Family Promise Of Martin County employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Martin 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 12/2023, Family Promise Of Martin County generated $538.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 68.2% each year . All expenses for the organization totaled $394.0k during the year ending 12/2023. 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 MARTIN COUNTY PROVIDES SHELTER, TEMPORARY ASSISTANCE, HOSPITALITY, TRANSITIONAL HOUSING AND CASE MANAGEMENT FOR FAMILIES WITH CHILDREN EXPERIENCING AND AT RISK OF HOMELESSNESS. ONGOING SUPPORT IS PROVIDED TO EMPOWER WORKING FAMILIES TO ACHIEVE SUSTAINABLE INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PROMISE OF MARTIN COUNTY INC. PROVIDES SHELTER, MEALS, AND COMPREHENSIVE SUPPORT SERVICES TO FAMILIES WITH CHILDREN EXPERIENCING AND AT RISK OF HOMELESSNESS. THE ORGANIZATION COORDINATES WITH 8 LOCAL CHURCHES THROUGHOUT MARTIN COUNTY TO PROVIDE SHELTER SERVICES, PROVIDING TEMPORARY HOUSING AT EACH CHURCH CONGERGATION'S SITE. FAMILIES IN THE PROGRAM ROTATE BETWEEN THE CHURCHES EVERY TWO WEEKS. OUR CASE MANAGEMENT STAFF ALSO ASSISTS FAMILIES TO MAINTAIN THEIR HOMES THROUGH PREVENTION AND STABILIZATION PROGRAMS. OUR CASE MANAGEMENT STAFF ALSO ASSISTS FAMILIES WITH DIVERSION ALTERNATIVES TO FIND LODGING WITH FAMILY MEMBERS, FRIENDS, OR LODGING AT LOCAL HOTELS AND MOTELS. DURING THE CALENDAR YEAR 2023, OUR ORGANIZATION HAS ASSISTED 280 FAMILIES AND 500 CHILDREN WITH SHELTER/PREVENTION/DIVERSION PROGRAMS AS WELL AS MEALS AND OTHER COMPREHENSIVE SUPPORT SERVICES. THE ORGANIZATION EXPANDED ITS ALMOST HOME TRANSITIONAL HOUSING FROM ONE HOME TO FIVE HOMES, ACQUIRING A MASTER LEASE OF 4 NEW APARTMENT UNITS. THE BUILD OF A TINY COTTAGE WAS COMPLETED WITH TWO MORE IN PROCESS AND SECURED AGREEMENTS WITH CHURCHES TO HOUSE THE TINY COTTAGES. A PILOT PROGRAM "OPEN TABLE" WAS STARTED CREATING A FAMILY OF MENTORS FOR SHELTER FAMILIES. FOR THE 2023 YEAR, THE ORGANIZATION PROVIDED A TOTAL OF 2,183 BED NIGHTS / 4,125 MEALS / 7,450 VOLUNTEER HOURS OF SERVICE / 65% OF OUR FAMILIES SECURED PERMANENT HOUSING OF THEIR OWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad E Fair Chairman | OfficerTrustee | 5 | $0 |
Jill Bennett Secretary | OfficerTrustee | 5 | $0 |
John Fedorek Treasurer | OfficerTrustee | 7 | $0 |
David Bradford Director | Trustee | 2 | $0 |
Paige Cortes Director | Trustee | 5 | $0 |
Chris Vega Diretcor | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $481,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,021 |
| Total Program Service Revenue | $5,176 |
| Investment income | $2,947 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$691 |
| Net Income from Fundraising Events | $45,162 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $538,626 |
| 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. | $73,500 |
| Compensation of current officers, directors, key employees. | $11,025 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,201 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,650 |
| Advertising and promotion | $4,642 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,476 |
| Travel | $418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,806 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,685 |
| Insurance | $16,022 |
| All other expenses | $21,040 |
| Total functional expenses | $394,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,691 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $372,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,937 |
| Total assets | $681,965 |
| Accounts payable and accrued expenses | $0 |
| 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 | $296,621 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,206 |
| Total liabilities | $303,827 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $378,138 |
| 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 | $681,965 |