Overview
What is Family Promise Metrowest Inc?
Family Promise Metrowest Inc is a nonprofit organization situated in Natick, Massachusetts, specifically at 6 Mulligan Street. Their primary mission is to assist hard-working families with children who are experiencing homelessness. They accomplish this by offering temporary housing, meals, and supportive coaching, aiming to decrease the length of shelter stays and serve more families. Family Promise Metrowest Inc's objective is to transform the lives of these families through a diverse community, providing not only shelter but also education and comprehensive support. Currently, the organization is staffed by 14 dedicated individuals.
Official website here: www.familypromisemetrowest.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating
Family Promise Metrowest Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance across key metrics of accountability and finance, leadership and adaptability, and culture and community. With an overall score of 94%, the organization demonstrates excellent financial practices, including a high program expense ratio of 68.26%, indicating that a significant portion of its funds is directed towards its programs and services.
The nonprofit boasts a perfect score for leadership and adaptability, showcasing its effective governance with 100% independent board members and comprehensive policies in place, such as conflict of interest and whistleblower policies. The organization also excels in constituent feedback, earning full points in feedback collection and usage, which highlights its commitment to community engagement and responsiveness to the needs of those it serves.
While the organization performs exceptionally well, it does face some challenges as indicated by an equity strategies score of 83 out of 100. This suggests that there may be areas for improvement in equity practices, but overall, Family Promise Metrowest Inc stands out as a highly accountable and effective nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Family Promise Metrowest Inc legitimate?
Family Promise Metrowest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Metrowest Inc 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: $101,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $564,108
For more financial information, click here
Official website here: www.familypromisemetrowest.org
What is the mission statement of Family Promise Metrowest Inc?
Family Promise Metrowest Inc's mission is to transform the lives of families with children who are facing homelessness. They achieve this by mobilizing a diverse community to provide shelter, education, and comprehensive support. The organization's shelter program offers temporary housing, meals, and supportive coaching to hard-working families, aiming to decrease the length of shelter stays and increase the number of families served. Their recent transition to a static site model with multiple units has been successful in reducing the average length of stay from 140 days to 90 days.
Official website here: www.familypromisemetrowest.org
Who is the CEO of Family Promise Metrowest Inc?
Daniel Seaman is the Former Director of Family Promise Metrowest Inc.
Official website here: www.familypromisemetrowest.org
What is the revenue of Family Promise Metrowest Inc?
Family Promise Metrowest Inc's revenue in 2022 was $1,112,036.
Official website here: www.familypromisemetrowest.org
Who are the executives of Family Promise Metrowest Inc and what are their salaries?
The average compensation at Family Promise Metrowest Inc during 2022 was $47,565. There are 14 employees and 345 volunteers at Family Promise Metrowest Inc.
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- Compensation: $82,231
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- Compensation: $14,421
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Official website here: www.familypromisemetrowest.org
Where can I find the form 990 for Family Promise Metrowest Inc?
Family Promise Metrowest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.familypromisemetrowest.org
Learn more at the official website: www.familypromisemetrowest.org
Mission Statement of Family Promise Metrowest Inc
Family Promise Metrowest Inc is committed to transforming the lives of families with children who are currently experiencing homelessness. They achieve this by mobilizing a diverse community to provide shelter, education, and comprehensive support. This nonprofit organization's mission is to offer temporary housing, meals, and supportive coaching to hard-working families with children, aiming to decrease the length of their stay in shelters and increase the number of families served. Currently, Family Promise Metrowest Inc operates with three available units in a static site model, successfully reducing the average shelter stay from 140 days to 90 days.
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Impact
October, 2024
Family Promise Metrowest Inc has a significant impact on families experiencing homelessness in the region. By providing temporary housing, meals, and supportive coaching, they facilitate a holistic approach to helping families with children regain stability.
Their recent transition to a static site model, featuring three dedicated shelter units, has proven effective in reducing the average length of stay in shelter from 140 days to 90 days. This positive change not only fosters a more expedited path to permanent housing but also increases the number of families served.
Through community mobilization and comprehensive support systems, Family Promise Metrowest Inc transforms the lives of those they assist, ultimately empowering families to overcome challenges and secure a brighter future.
This information is meant to be a general summary of Family Promise Metrowest Inc. 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: $3,186
- Gross Receipts: $1,150,508
Assets and Liabilities:
- Total Assets: $2,867,265
- Total Liabilities: $50,991
- Net Assets: $2,816,274
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Organization Details
Founding Year
2005
Phone
(508) 318-4820Principal Officer
Daniel Seaman
Main Address
6 MULLIGAN STREET, NATICK, MA, 01760
NTEE Category
Code: L41 - Housing
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