Family Promise Of Spokane
- Assets
- $5.5m
- Revenue
- $5.4m
- Investments
- $983.0
- Employees
- 80
- Location
- Spokane, WA
- Founding
- 03/1996
- Data as of
- 06/2023
- EIN
- 91-1707988
Organization Overview
Family Promise Of Spokane is located in Spokane, WA. The organization was established in 1996. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2023, Family Promise Of Spokane employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Spokane 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 06/2023, Family Promise Of Spokane generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $5.0m during the year ending 06/2023. While expenses have increased by 47.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OVERNIGHT SHELTER, DAY CENTER, MEALS AND TRANSPORTATION TO HOMELESS FAMILIES IN SPOKANE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EMERGENCY FAMILY SHELTER PROGRAM, WHICH INCLUDED FIVE DISTINCT LOCATIONS DURING THE FISCAL YEAR, SHELTERED A TOTAL OF 599 INDIVIDUALS. ADDITIONALLY, WE ASSISTED 223 INDIVIDUALS WITH MOVING INTO PERMANENT HOUSING OF THEIR OWN.
FAMILY PROMISE OF SPOKANE'S HOMELESSNESS PREVENTION PROGRAMS CONTINUED CONSISTENTLY IN THE FISCAL YEAR AS THEY ADMINISTERED TWO LARGE HOUSING ASSISTANCE GRANTS FROM THE CITY OF SPOKANE AND SPOKANE COUNTY AS WELL AS SEVERAL SMALLER GRANTS FROM PRIVATE DONORS THAT RESULTED IN SERVING 253 HOUSEHOLDS (911 PEOPLE).
FAMILY PROMISE OF SPOKANE STABILIZATION PROGRAM WORKS WITH FAMILIES THAT WE HAVE HELPED OBTAIN PERMANENT HOUSING. THE PROGRAM ASSISTS FAMILIES WITH CONNECTING TO COMMUNITY RESOURCES AND OVERALL SUPPORT TO HELP ENSURE THEY ARE ABLE TO CONTINUE TO MEET THE OBLIGATIONS NECESSARY TO REMAIN IN STABLE HOUSING. DURING THE FISCAL YEAR, A TOTAL OF 102 FAMILIES WERE SERVED IN THIS PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Ader Executive Dir. | Officer | 40 | $88,988 |
Dr Arnold Peterson President | OfficerTrustee | 2 | $0 |
Nick Dietzen Vice President | OfficerTrustee | 2 | $0 |
Jay Lewis Treasurer | OfficerTrustee | 2 | $0 |
James Krejci Secretary | OfficerTrustee | 2 | $0 |
Rick Chasteen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $191,722 |
| Related organizations | $0 |
| Government grants | $3,113,862 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,029,599 |
| Noncash contributions included in lines 1a–1f | $509,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,335,183 |
| Total Program Service Revenue | $43,604 |
| Investment income | $151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,295 |
| Net Gain/Loss on Asset Sales | -$1,215 |
| Net Income from Fundraising Events | -$9,583 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,420,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,379,464 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,103 |
| Compensation of current officers, directors, key employees. | $35,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,864,846 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $159,033 |
| Payroll taxes | $204,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $347 |
| Fees for services: Accounting | $88,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $79,730 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,656 |
| Advertising and promotion | $4,983 |
| Office expenses | $162,030 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $169,529 |
| Travel | $10,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $70,298 |
| Payments to affiliates | $17,000 |
| Depreciation, depletion, and amortization | $150,299 |
| Insurance | $29,057 |
| All other expenses | $16,038 |
| Total functional expenses | $5,010,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,818 |
| Savings and temporary cash investments | $4,965 |
| Pledges and grants receivable | $1,165,962 |
| 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 | $496,709 |
| Net Land, buildings, and equipment | $3,676,676 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $983 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,359 |
| Total assets | $5,535,472 |
| Accounts payable and accrued expenses | $232,114 |
| Grants payable | $0 |
| Deferred revenue | $47,038 |
| 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 | $637,562 |
| Unsecured mortgages and notes payable | $1,146,293 |
| Other liabilities | $20,751 |
| Total liabilities | $2,083,758 |
| Net assets without donor restrictions | $2,169,650 |
| Net assets with donor restrictions | $1,282,064 |
| 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 | $5,535,472 |