Overview
What is Family Promise Of Northern Kentucky?
Family Promise of Northern Kentucky is a nonprofit organization situated in Newport, Kentucky. Their primary mission is to assist families and individuals experiencing temporary homelessness, offering them emergency shelter services. The organization's goal is to empower these families to achieve sustainable independence. To accomplish this, they provide essential guest services within their temporary emergency family shelter. With a team of seven dedicated individuals, Family Promise of Northern Kentucky aims to make a positive impact on the lives of children and their families in Northern Kentucky.
Official website here: www.nkyfamilypromise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Family Promise of Northern Kentucky has received a rating of 73%, reflecting a Two-Star designation primarily based on its Accountability & Finance score. The organization demonstrates strong governance with a fully independent board, achieving the maximum points for both the majority of independent board members and board size. Additionally, it has not reported any material diversion of assets, which is a positive indicator of financial integrity.
Despite its strengths, there are some limitations noted in the financial metrics. While the program expense ratio is 61.78%, which shows a commitment to programmatic spending, it falls short of the optimal range for nonprofit efficiency. Furthermore, the absence of a whistleblower policy and document retention protocols may raise concerns about transparency and accountability practices.
Overall, while Family Promise of Northern Kentucky shows solid governance and financial accountability, improvements in operational policies and financial efficiency could enhance its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Family Promise Of Northern Kentucky legitimate?
Family Promise Of Northern Kentucky is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Northern Kentucky 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $70,915
For more financial information, click here
Official website here: www.nkyfamilypromise.org
What is the mission statement of Family Promise Of Northern Kentucky?
Family Promise of Northern Kentucky's mission is geared towards empowering children and families who are temporarily homeless in the region. Their goal is to help these families achieve sustainable independence. The organization provides temporary emergency shelter services and offers various guest services to support their guests during their stay. Their mission statement, in essence, is focused on providing a pathway out of homelessness for the children and families they serve.
Official website here: www.nkyfamilypromise.org
Who is the CEO of Family Promise Of Northern Kentucky?
Alex Rechtin is the Treasurer of Family Promise Of Northern Kentucky.
Official website here: www.nkyfamilypromise.org
What is the revenue of Family Promise Of Northern Kentucky?
Family Promise Of Northern Kentucky's revenue in 2020 was $174,321.
Official website here: www.nkyfamilypromise.org
Who are the executives of Family Promise Of Northern Kentucky and what are their salaries?
The average compensation at Family Promise Of Northern Kentucky during 2020 was $10,131. There are 7 employees and 500 volunteers at Family Promise Of Northern Kentucky.
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- Compensation: $31,296
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Official website here: www.nkyfamilypromise.org
Where can I find the form 990 for Family Promise Of Northern Kentucky?
Family Promise Of Northern Kentucky's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.nkyfamilypromise.org
Learn more at the official website: www.nkyfamilypromise.org
Mission Statement of Family Promise Of Northern Kentucky
Family Promise of Northern Kentucky is an organization dedicated to empowering children and their families who are temporarily homeless in the region. Their mission is to help these families achieve sustainable independence. They accomplish this through their emergency family shelter service, providing essential support to families and individuals in need. The shelter offers various guest services, serving as a safe haven during challenging times. The ultimate goal of Family Promise of Northern Kentucky is to assist families in overcoming their current situation and establishing a stable future.
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Impact
October, 2024
Family Promise of Northern Kentucky plays a crucial role in addressing temporary homelessness in the region. By providing emergency family shelter services in Newport, KY, it offers a safe haven for families and individuals facing immediate housing challenges. The organization is dedicated to empowering children and their families, helping them navigate through difficult times and ultimately guiding them toward sustainable independence.
Through its comprehensive support, Family Promise not only provides essential shelter but also facilitates access to necessary resources and services, fostering stability and encouraging self-sufficiency. Their impact goes beyond just providing a roof; it’s about equipping families with the tools they need to rebuild their lives and secure a brighter future. In doing so, Family Promise of Northern Kentucky contributes significantly to the well-being of the community by addressing the root causes of homelessness and working towards long-term solutions.
This information is meant to be a general summary of Family Promise Of Northern Kentucky. 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 2020.
- Gross Receipts: $185,787
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2015
Phone
(859) 360-0905Principal Officer
Alex Rechtin
Main Address
PO BOX 721763, NEWPORT, KY, 41072
Website
www.nkyfamilypromise.orgNTEE Category
Code: P60 - Human services
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