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Nonprofiteer
← FAMILY PROMISE OF WAKE COUNTY INC

Form 990 for tax year 2024

Filed by FAMILY PROMISE OF WAKE COUNTY INC.

Totals

Total revenue
$772,380
Total expenses
$1,112,053
Contributions and grants received
$744,608
Grants paid
$387,898
Program service revenue
$0
Investment income
$19,627
Other revenue
$8,145
Total assets, end of year
$3,338,805
Total liabilities, end of year
$42,414
Net assets or fund balances, end of year
$3,296,391
Program services expenses (Part IX)
$897,836
Management and general expenses
$97,785
Fundraising expenses
$116,432
Program service expenses (Part III)
$897,836

Program services were 80.7% 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

    $2,520

  • 1e · Government grants (contributions)

    $199,049

  • 1f · All other contributions, gifts and grants

    $543,039

  • 1g · Noncash contributions included above

    $88,239

  • 3 · Investment income

    total $19,627 · excluded $19,627

  • 6a · Gross rents

    real property $9,195

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,195

  • 6d · Net rental income or loss

    total $9,195 · related or exempt $9,195

  • 8a · Fundraising events: gross income

    $0

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

    $2,520

  • 8b · Fundraising events: direct expenses

    $1,050

  • 8c · Net income from fundraising events

    total -$1,050 · excluded -$1,050

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $387,898 · program services $387,898

  • 5 · Compensation of officers, directors and key employees

    total $107,309 · program services $36,485 · management and general $35,412 · fundraising $35,412

  • 7 · Other salaries and wages

    total $299,500 · program services $272,570 · management and general $5,508 · fundraising $21,422

  • 8 · Pension plan contributions

    total $5,071 · program services $4,109 · management and general $516 · fundraising $446

  • 9 · Other employee benefits

    total $44,398 · program services $26,029 · management and general $9,344 · fundraising $9,025

  • 10 · Payroll taxes

    total $32,143 · program services $24,574 · management and general $3,149 · fundraising $4,420

  • 11c · Fees: accounting

    total $43,500 · program services $6,525 · management and general $36,975

  • 11g · Fees: other

    total $40,000 · fundraising $40,000

  • 13 · Office expenses

    total $7,828 · program services $5,920 · management and general $1,379 · fundraising $529

  • 14 · Information technology

    total $44 · program services $22 · management and general $11 · fundraising $11

  • 17 · Travel

    total $4,138 · program services $3,984 · management and general $77 · fundraising $77

  • 19 · Conferences, conventions and meetings

    total $8,637 · program services $7,773 · management and general $432 · fundraising $432

  • 22 · Depreciation, depletion and amortization

    total $61,238 · program services $55,114 · management and general $3,062 · fundraising $3,062

  • 23 · Insurance

    total $17,142 · program services $15,764 · management and general $689 · fundraising $689

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $25,895 · program services $24,681 · management and general $769 · fundraising $445

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $18,057 · program services $18,057

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $9,255 · program services $8,331 · management and general $462 · fundraising $462

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $330,922 · end of year $170,042

  • 3 · Pledges and grants receivable

    beginning of year $59,460 · end of year $61,288

  • 4 · Accounts receivable

    end of year $110,137

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,893 · end of year $23,358

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

    $1,127,426

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

    $467,880

  • 10c · Land, buildings and equipment, net

    beginning of year $612,400 · end of year $659,546

  • 11 · Investments: publicly traded securities

    beginning of year $1,308,908 · end of year $1,152,766

  • 15 · Other assets

    beginning of year $1,220,208 · end of year $1,161,668

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,791 · end of year $32,698

  • 21 · Escrow or custodial account liability

    beginning of year $16,029 · end of year $9,716

  • 25 · Other liabilities

    beginning of year $1,276,743 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,215,228 · end of year $2,030,968

  • 28 · Net assets with donor restrictions

    end of year $1,265,423

Mission and programs · 2024

Mission

MOVING FAMILIES AT RISK OF OR EXPERIENCING HOMELESSNESS INTO SUSTAINABLE, PERMANENT HOUSING IN OUR COMMUNITY THROUGH A CONTINUUM OF SUPPORT SERVICES.

Activities or mission (Part I)

ASSISSTING FAMILIES AT RISK OF OR EXPERIENCING HOMELESSNESS.

  • ANNUALLY, OUR EMERGENCY SHELTER PROGRAM PROVIDES TEMPORARY SHELTER TO ABOUT 25 FAMILIES EXPERIENCING HOMELESSNESS. WITH LOCAL CONGREGATIONS PROVIDING EVENING SHELTER AND DAILY MEALS ON A WEEKLY BASIS, FAMILY PROMISE OF WAKE COUNTY PROVIDES SUPPORTIVE SERVICES AND CASE MANAGEMENT AT THE DAY CENTER. THE DAY CENTER IS ALSO A SAFE PLACE FOR FAMILIES TO BE DURING THE DAY WHILE THEY WORK THROUGH INDIVIDUAL BARRIERS TO PERMANENT HOUSING WITH STAFF ASSISTANCE.THROUGH OUR HOMELESS PREVENTION PROGRAM, A HAND UP, WE HELPED 79 FAMILIES AVOID AN EVICTION AND SAFELY REMAIN IN THEIR HOMES. WE PARTNER(CONTINUED ON SCHEDULE O)WITH THE SCHOOL SOCIAL WORKERS TO PROVIDE COORDINATED ASSISTANCE AND CASE MANAGEMENT TO THESE FAMILIES SO THAT THEY AND ESPECIALLY THEIR CHILDREN DO NOT HAVE TO EXPERIENCE THE TRAUMA FROM AN EVICTION EVENT.ANNUALLY, OUR PERMANENT HOUSING PROGRAMS - RAPID REHOUSING & NEW LEASE ON LIFE - PLACES ABOUT 40 FAMILIES IN PERMANENT HOUSING. THIS HOUSING IS USUALLY WITHIN WAKE COUNTY AND PROVIDED AT AFFORDABLE RATES. IF NECESSARY, FAMILY PROMISE CAN PROVIDE MINIMAL FINANCIAL ASSISTANCE TO ENSURE THAT THE FAMILIES ARE ABLE TO MAINTAIN THEIR PERMANENT HOUSING PLACEMENTS. AS WITH OUR OTHER PROGRAMS, CASE MANAGEMENT SERVICES ARE ALSO PROVIDED TO ASSIST FAMILIES AS NEEDED.

    Expenses $897,836 · Grants $387,898 · Revenue $9,195

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jay Wells

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lori Christian

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Gloria Mittman

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Charles George

    CO TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Ellie Santos

    CO TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Pastor Anthony Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Camden Betz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lazaro Blackmon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Blum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Crystal Bodie-Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Edwin Braswell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Paul Brustofski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Aiesha Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jane Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nick Verna

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Scott Ferris

    EXECUTIVE DIRECTOR

    Total calculated
    $107,309
    From this org
    $102,697
    From related orgs
    $0
    Other
    $4,612
    Hours/week
    50

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
2024
Filed
28 October 2025
IRS schema version
2024v5.2
Source object
202513019349302016

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