Overview
What is Family Promise Of Yellowstone Valley?
Family Promise of Yellowstone Valley (FPYV) is a nonprofit organization situated in Billings, Montana, specifically at 10 S 26th St. Their mission is to assist homeless families in achieving and sustaining independence through a community response to homelessness. They accomplish this by offering emergency shelter, transitional housing, an aftercare program, a wrap-around program, and the Break the Cycle of Poverty program. The organization further collaborates with 30 congregations to empower the homeless. The vision of FPYV is a Valley where every family has a home, a livelihood, and the opportunity to build a better future. With a team of 7 dedicated employees, FPYV strives to create a supportive environment for homeless families to regain their independence and establish a brighter future.
What are the reviews and ratings of this charity?
Charity Navigator rating: 95% (Four-Star out of Four Star rating).
Family Promise of Yellowstone Valley demonstrates strong accountability and financial practices, achieving a remarkable score of 94 in this category. The organization maintains a fully independent board and exhibits robust financial management, with no reported material diversion of assets. Their commitment to transparency is evident through established policies on conflicts of interest and whistleblowing, as well as thorough record-keeping.
Additionally, the nonprofit excels in leadership and adaptability, scoring a perfect 100. Their investment in leadership development and focus on mobilizing their mission indicates a proactive approach to enhancing their effectiveness. The organization adapts well to changing circumstances, which is crucial for maintaining relevance and impact in their community.
Overall, Family Promise of Yellowstone Valley's high ratings reflect its solid governance structures and a strong commitment to serving its mission effectively. The absence of noted weaknesses further underscores its reputation as a responsible and impactful nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Family Promise Of Yellowstone Valley legitimate?
Family Promise Of Yellowstone Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Yellowstone Valley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,375
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What is the mission statement of Family Promise Of Yellowstone Valley?
The mission of Family Promise of Yellowstone Valley is geared towards assisting homeless families in achieving and maintaining independence. This is accomplished through a community-driven approach to homelessness. The organization's vision is for a region where every family has a home, a livelihood, and the opportunity to build a better future. They carry out their mission through various initiatives such as emergency shelter, transitional housing, an aftercare program, a wrap-around program to break the cycle of poverty, and collaboration with 30 congregations to empower the homeless.
Who is the CEO of Family Promise Of Yellowstone Valley?
Billie Parrott is the President of Family Promise Of Yellowstone Valley.
What is the revenue of Family Promise Of Yellowstone Valley?
Family Promise Of Yellowstone Valley's revenue in 2022 was $684,864.
Who are the executives of Family Promise Of Yellowstone Valley and what are their salaries?
The average compensation at Family Promise Of Yellowstone Valley during 2022 was $34,196. There are 7 employees at Family Promise Of Yellowstone Valley.
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Where can I find the form 990 for Family Promise Of Yellowstone Valley?
Family Promise Of Yellowstone Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Promise Of Yellowstone Valley
Family Promise of Yellowstone Valley, a dedicated non-profit organization, is committed to helping homeless families achieve and sustain independence through a community-driven response to homelessness. Their ultimate vision is a valley where every family has a home, a livelihood, and the opportunity to build a better future.
To accomplish this mission, Family Promise of Yellowstone Valley offers a range of programs. They provide emergency shelter for homeless families, transitional housing to help them move towards independence, an aftercare program for ongoing support, and the 'Wrap Around' and 'Break the Cycle of Poverty' program to address the root causes of homelessness. Additionally, they collaborate with 30 congregations in the community, uniting their efforts to empower the homeless and help them rebuild their lives.
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Impact
July, 2024
Family Promise Of Yellowstone Valley's impact is profound as it helps homeless families achieve and sustain independence through a community response to homelessness. The organization provides emergency shelter, transitional housing, aftercare programs, wrap-around services, and programs to break the cycle of poverty. By uniting with 30 congregations, they empower the homeless and work towards creating a valley where every family has a home, a livelihood, and the chance to build a better future.
This information is meant to be a general summary of Family Promise Of Yellowstone Valley. 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: $3,899
- Program Service Revenue: $13,340
- Gross Receipts: $693,708
Assets and Liabilities:
- Total Assets: $2,186,071
- Total Liabilities: $519,501
- Net Assets: $1,666,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSITIONAL HOUSING
Revenue
$13,340
Organization Details
Founding Year
2003
Phone
(406) 294-7432Principal Officer
Billie Parrott
Main Address
10 S 26TH ST, BILLINGS, MT, 59101
NTEE Category
Code: F31 - Mental health
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