Overview
What is Family Promise Of The Lower Cape Fear?
Family Promise of the Lower Cape Fear is a nonprofit organization located in Wilmington, North Carolina. Their primary mission is to aid homeless families, particularly those affected by domestic violence, by offering emergency and transitional services. These services assist families in regaining their financial independence, with an impressive success rate of 89% in securing permanent housing. The organization provides case management and transitional housing for victims of domestic violence, while also offering emergency shelter to families with children. With the support of Family Promise, an average of 10 families secures permanent housing annually, and 10 families transitions to shared housing upon exiting the program. In 2022, Family Promise helped 530 families, consisting of 2,675 individuals, including 1,939 children under 18. The nonprofit has a team of 5 dedicated individuals working towards this noble cause.
Official website here: www.familypromiselcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Stars
Family Promise of the Lower Cape Fear has earned a Three-Star rating from Charity Navigator, indicating a solid performance in various accountability and financial metrics. The 90% score in Accountability & Finance reflects strong governance, including a fully independent board and effective financial oversight practices. Their program expense ratio of 94.30% demonstrates a commitment to directing funds toward their mission, suggesting that the majority of their resources effectively support their programs.
In terms of cultural and community impact, the organization scored exceptionally well with a 95% rating, highlighting its focus on equity strategies. This indicates that Family Promise is actively working to create inclusive programs and policies that address the needs of diverse populations within their community.
However, there is a noted limitation in their liabilities to assets ratio, which stands at 64.94%. While this is an important figure, it may suggest that the organization has a higher level of liabilities relative to its assets, which could be a point of concern for potential donors regarding financial stability. Overall, the organization shows a dedicated approach to their mission with robust accountability mechanisms in place.
This AI summary has been generated from information found on Charity Navigator.
Is Family Promise Of The Lower Cape Fear legitimate?
Family Promise Of The Lower Cape Fear is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of The Lower Cape Fear 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: $94,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,708
For more financial information, click here
Official website here: www.familypromiselcf.org
What is the mission statement of Family Promise Of The Lower Cape Fear?
Family Promise of the Lower Cape Fear is an organization committed to helping victims of domestic violence and homeless families with children regain financial independence. They provide case management and transitional housing services, equipping these families with necessary resources and skills. The organization's mission is to assist these families in overcoming their homelessness and achieving long-term stability. On average, the organization helps around 30 families per year, with a significant percentage being victims of domestic violence. With an impressive 89% success rate in securing permanent housing, Family Promise of the Lower Cape Fear plays a vital role in transforming the lives of vulnerable families.
Official website here: www.familypromiselcf.org
Who is the CEO of Family Promise Of The Lower Cape Fear?
Laura Miller is the President of Family Promise Of The Lower Cape Fear.
Official website here: www.familypromiselcf.org
What is the revenue of Family Promise Of The Lower Cape Fear?
Family Promise Of The Lower Cape Fear's revenue in 2022 was $881,530.
Official website here: www.familypromiselcf.org
Who are the executives of Family Promise Of The Lower Cape Fear and what are their salaries?
The average compensation at Family Promise Of The Lower Cape Fear during 2022 was $36,694. There are 5 employees at Family Promise Of The Lower Cape Fear.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,760
- Other: $0
Official website here: www.familypromiselcf.org
Where can I find the form 990 for Family Promise Of The Lower Cape Fear?
Family Promise Of The Lower Cape Fear's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.familypromiselcf.org
Learn more at the official website: www.familypromiselcf.org
Mission Statement of Family Promise Of The Lower Cape Fear
Family Promise Of The Lower Cape Fear is an organization dedicated to assisting homeless families with children and victims of domestic violence. Its primary mission involves providing case management and transitional housing, aiming to empower these families to regain financial independence. The organization offers emergency shelter and essential resources, such as food, clothing, and skills training, to help families rebuild their lives. On average, Family Promise assists around 30 families annually, with a significant percentage of individuals being victims of domestic violence. The program boasts a high success rate, as over 89% of the families it assists secure permanent housing. By offering a comprehensive range of services, including shelter, transitional housing, prevention, diversion, and community service, Family Promise Of The Lower Cape Fear is committed to making a positive impact on the lives of vulnerable families in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Family Promise Of The Lower Cape Fear's impact is significant in providing crucial support to homeless families and victims of domestic violence in the Wilmington, NC area. The organization's collaborative efforts with communities of faith have helped an average of 95 individuals and 30 families per year, including up to 65 children under the age of 18. Family Promise has been instrumental in assisting families in securing permanent and transitional housing, with an impressive 89% success rate in securing permanent housing for program participants. In 2022 alone, Family Promise assisted 530 families, totaling 2,675 individuals, with a focus on providing shelter, transitional housing, prevention, diversion, and community service. This demonstrates the organization's vital role in empowering families to regain independence and stability in their lives.
This information is meant to be a general summary of Family Promise Of The Lower Cape Fear. 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: $28
- Program Service Revenue: $55,131
- Gross Receipts: $901,933
Assets and Liabilities:
- Total Assets: $811,764
- Total Liabilities: $527,170
- Net Assets: $284,594
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Revenue
$55,131
Organization Details
Founding Year
1995
Phone
(910) 769-4730Principal Officer
Laura Miller
Main Address
20 N 4th Street, Wilmington, NC, 28401
Website
www.familypromiselcf.orgNTEE Category
Code: X90 - Religion related
If you are a representative of Family Promise Of The Lower Cape Fear and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.