Overview
What is Seacoast Family Promise?
Seacoast Family Promise is a compassionate nonprofit organization based in Exeter, New Hampshire. Their mission is to empower families with children who are experiencing homelessness, helping them achieve sustainable independence through a community-driven response. In 2020, they provided overnight shelter to 12 families, who collectively spent 3,097 bed-nights and were served 9,291 meals. The average length of stay for these families was 96 days. Seacoast Family Promise responded to referrals from 161 individuals during the same year, ultimately ensuring that 100% of the families participating in their program moved on to stable housing. This remarkable achievement was made possible with the support of approximately 1,200 dedicated community volunteers and a small professional team.
Official website here: www.seacoastfamilypromise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Seacoast Family Promise has received a rating of "Needs Improvement" with an overall score of 69%. This rating reflects concerns in accountability and finance, particularly the absence of key financial documents and policies, such as a conflict of interest policy and a whistleblower policy. However, it is noteworthy that the organization has achieved full independence among its board members and maintains a strong program expense ratio of 86.31%, indicating a focus on programmatic efforts.
The evaluation highlights strengths in governance, with 100% independent board members and a good liabilities to assets ratio of 2.41%. These factors suggest a solid management structure and fiscal responsibility. Nonetheless, the lack of financial transparency, as evidenced by the missing financial statements and tax form on their website, limits their overall score and raises questions about their operational practices.
In summary, while Seacoast Family Promise demonstrates effectiveness in its programming and governance structure, significant improvements are needed in financial accountability and transparency to enhance trust and confidence among stakeholders. Addressing these limitations could help the organization improve its standing and better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Seacoast Family Promise legitimate?
Seacoast Family Promise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seacoast Family Promise submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,226
For more financial information, click here
Official website here: www.seacoastfamilypromise.org
What is the mission statement of Seacoast Family Promise?
Seacoast Family Promise's mission is centered around empowering families with children experiencing homelessness to achieve sustainable independence. They accomplish this through a community-based response. In 2020, the organization provided overnight shelter to 12 families, housing 32 individuals in total, offering 3,097 bed-nights and serving 9,291 meals. The average length of stay for families was 96 days. Seacoast Family Promise responded to referrals from 161 individuals during this year. Remarkably, 100% of the families participating in their program successfully transitioned into stable housing. This was made possible with the assistance of approximately 1,200 community volunteers and a small professional team.
Official website here: www.seacoastfamilypromise.org
Who is the CEO of Seacoast Family Promise?
Ken George is the Treasurer of Seacoast Family Promise.
Official website here: www.seacoastfamilypromise.org
What is the revenue of Seacoast Family Promise?
Seacoast Family Promise's revenue in 2022 was $542,522.
Official website here: www.seacoastfamilypromise.org
Who are the executives of Seacoast Family Promise and what are their salaries?
The average compensation at Seacoast Family Promise during 2022 was $25,372. There are 13 employees and 600 volunteers at Seacoast Family Promise.
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Official website here: www.seacoastfamilypromise.org
Where can I find the form 990 for Seacoast Family Promise?
Seacoast Family Promise's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seacoastfamilypromise.org
Learn more at the official website: www.seacoastfamilypromise.org
Mission Statement of Seacoast Family Promise
Seacoast Family Promise, a nonprofit organization, is committed to empowering families with children who are experiencing homelessness to achieve sustainable independence. This is accomplished through a community-based response. In 2020, the organization provided overnight shelter to 12 families, comprising 32 individuals, offering a total of 3,097 bed-nights and serving 9,291 meals. The average length of stay for families was 96 days, and remarkably, 100% of the families participating in the Seacoast Family Promise (SFP) program successfully transitioned to stable housing. These achievements were made possible with the assistance of approximately 1,200 community volunteers and a small professional staff.
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Impact
July, 2024
Seacoast Family Promise's impact can be seen in the tangible results they achieved in 2020. They provided overnight shelter to 12 families, totaling 32 individuals, offering 3,097 bed-nights and serving 9,291 meals. The families stayed for an average of 96 days, during which 100% of the participants were able to transition to stable housing. This success was made possible by the support of 1,200 community volunteers and a dedicated professional staff. Their commitment to empowering families experiencing homelessness to achieve sustainable independence is evident in these outcomes.
This information is meant to be a general summary of Seacoast Family Promise. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $72
- Program Service Revenue: $11,321
- Gross Receipts: $559,988
Assets and Liabilities:
- Total Assets: $2,046,545
- Total Liabilities: $49,352
- Net Assets: $1,997,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$11,321
Organization Details
Founding Year
2001
Phone
(603) 658-8448Principal Officer
Ken George
Main Address
27 HAMPTON ROAD, EXETER, NH, 03833
NTEE Category
Code: L41 - Housing
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