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Nonprofiteer
← FAMILY PROMISE OF SOUTH SARASOTA COUNTY INC

Form 990 for tax year 2025

Filed by FAMILY PROMISE OF SOUTH SARASOTA COUNTY INC.

Totals

Total revenue
$1,853,400
Total expenses
$1,008,318
Contributions and grants received
$1,630,919
Grants paid
$87,791
Program service revenue
$197,015
Investment income
$12,682
Other revenue
$12,784
Total assets, end of year
$6,108,818
Total liabilities, end of year
$912,503
Net assets or fund balances, end of year
$5,196,315
Program services expenses (Part IX)
$902,468
Management and general expenses
$55,259
Fundraising expenses
$50,591
Program service expenses (Part III)
$902,468

Program services were 89.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $203,498

  • 1f · All other contributions, gifts and grants

    $1,427,421

  • 1g · Noncash contributions included above

    $27,206

  • 2a · Program service revenue: PATHWAYS HOME

    total $1,958 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: SUSTAINABLE HOUSING

    total $80,174 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: BRIDGE HOUSING

    total $50,715 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: OPEN DOORS

    total $64,168 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $12,682 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $89,297

  • 8a · Fundraising events: contributions included on line 1c

    $203,498

  • 8b · Fundraising events: direct expenses

    $76,513

  • 8c · Net income from fundraising events

    total $12,784 · unrelated business $0 · excluded $12,784

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $87,791 · program services $87,791

  • 7 · Other salaries and wages

    total $347,972 · program services $284,015 · management and general $25,416 · fundraising $38,541

  • 9 · Other employee benefits

    total $63,739 · program services $57,375 · management and general $5,700 · fundraising $664

  • 10 · Payroll taxes

    total $24,708 · program services $20,086 · management and general $1,839 · fundraising $2,783

  • 11b · Fees: legal

    total $1,703 · program services $1,703 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $40,028 · program services $37,354 · management and general $2,674 · fundraising $0

  • 12 · Advertising and promotion

    total $4,228 · program services $2,537 · management and general $0 · fundraising $1,691

  • 13 · Office expenses

    total $15,237 · program services $7,237 · management and general $1,864 · fundraising $6,136

  • 14 · Information technology

    total $34,731 · program services $25,022 · management and general $9,709 · fundraising $0

  • 16 · Occupancy

    total $72,524 · program services $69,060 · management and general $3,464 · fundraising $0

  • 17 · Travel

    total $6,342 · program services $5,542 · management and general $450 · fundraising $350

  • 20 · Interest

    total $10,970 · program services $10,970 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $8,500 · program services $8,500 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $114,420 · program services $114,420 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $54,270 · program services $52,527 · management and general $1,317 · fundraising $426

  • 24a · Other expenses: EMERGENCY FUNDS

    total $21,041 · program services $21,041 · management and general $0 · fundraising $0

  • 24b · Other expenses: DIVERSION

    total $16,135 · program services $16,135 · management and general $0 · fundraising $0

  • 24c · Other expenses: CAPITAL CAMPAIGN

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $49,103 · program services $49,103 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $34,876 · program services $32,050 · management and general $2,826 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $353,140 · end of year $692,273

  • 2 · Savings and temporary cash investments

    beginning of year $0

  • 3 · Pledges and grants receivable

    beginning of year $36,014 · end of year $30,368

  • 8 · Inventories for sale or use

    beginning of year $4,315 · end of year $5,762

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,867 · end of year $22,712

  • 10a · Land, buildings and equipment: cost or other basis

    $5,327,729

  • 10b · Land, buildings and equipment: accumulated depreciation

    $445,267

  • 10c · Land, buildings and equipment, net

    beginning of year $4,899,210 · end of year $4,882,462

  • 15 · Other assets

    beginning of year $22,455 · end of year $475,241

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,100 · end of year $20,608

  • 21 · Escrow or custodial account liability

    beginning of year $8,967 · end of year $10,767

  • 23 · Secured mortgages and notes payable

    beginning of year $942,354 · end of year $876,177

  • 25 · Other liabilities

    beginning of year $19,347 · end of year $4,951

  • 27 · Net assets without donor restrictions

    beginning of year $4,301,233 · end of year $4,963,876

  • 28 · Net assets with donor restrictions

    beginning of year $50,000 · end of year $232,439

Mission and programs · 2025

Mission

TO PROVIDE HOUSING SUPPORT TO CHILDREN AND THEIR FAMILIES IN SOUTH SARASOTA COUNTY.

  • BRIDGE HOUSING - COMBINES A VOLUNTERR NETWORK OF LOCAL HOST CONGREGATIONS FOR MEALS AND OVERNIGHT SHELTER ALONG WITH USE OF THE DAY CENTER FOR A PERMANENT ADDRESS, TRAINING AND CASE MANAGEMENT SERVICES. KEEPING THE PROMISE IS A POST-SHELTERPROGRAM OFFERING CONTINUING CASE MANGAGEMENT AND SUPPORT WITH THE PROGRAM GOAL OF PLACING THEM IN PERMANENT HOUSEING. HELP WITH FINDING EMPLOYMENT IS ALSO PART OF THIS PROCESS.

    Expenses $257,839 · Grants $6,629 · Revenue $50,715

  • OPEN DOORS - PROVIDES INITAL CONTACT WITH HOMELESS (AND/OR AT-RISK OF HOMELESSNESS FAMILIES) WITH CHILDREN; ACTIVITIES INCLUDE HOMELESS PREVENTION, DIVERSION, ACUITY OF NEED SCREENING, COORDINATED ENTRY, MOVE-IN FUNDING AND REFERRALS OR OTHER NEEDED SERVICES. CASE MANAGEMENT IS ALSO PROVIDED TO ASSIST FAMILIES WITH HOUSING/SHELTER.

    Expenses $251,253 · Grants $73,234 · Revenue $64,168

  • PATHWAYS HOME - DESIGNED TO HELP FAMILIES MAINTAIN STABLE HOUSING WHILE BUILDING LONG-TERM SELF-SUFFICIENCY THROUGH RENT SUBSIDIES. FAMILY PROMISE OF SOUTH SARASOTA COUNTY, INC. WILL PROVIDE PARTIAL RENT SUBSIDIES, ALONG WITH OPTIONAL SUPPORTIVE SERVICES, TO SUPPORT FAMILIES AS THEY WORK TOWARD FINANCIAL STABILITY.

    Expenses $197,510 · Revenue $1,958

  • SUSTAINABLE HOUSING - PROVIDING AFFORDABLE HOUSING FOR THE LOCAL WORKFORCE.

    Expenses $195,866 · Revenue $80,174

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jennifer Fagenbaum

    EXECUTIVE DIRECTOR

    Total calculated
    $114,808
    From this org
    $114,808
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jake Tate

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • Kelly Oliver

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • Margaret Pittala

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Dane Desantis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Joyner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Brent Dykstra

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5

  • Paul Cernansky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • J Travis Sparks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Will Betterton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Bacon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rachel Frank

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Courtney Green

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jess Fronckowiak

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Beau Walker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
26 May 2026
IRS schema version
2025v4.1
Source object
202632239349301123

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