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Family Promise Of The Coastal Empire Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582345964 ✦ Savannah, GA ✦ Designated as a 501(c)(3)

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Overview

What is Family Promise Of The Coastal Empire Inc?

Family Promise of the Coastal Empire Inc. is a nonprofit organization located in Savannah, Georgia, dedicated to assisting low-income families in achieving sustainable independence. Through their Interfaith Hospitality Network (IHN), they collaborate with local congregations and volunteers to offer short-term shelter, meals, and supportive services. This program is entirely volunteer-driven, enabling families to save their financial resources for initial rent payments and utility bills without incurring expenses during their participation. The day shelter, a home-like atmosphere, provides families with access to personal needs such as a mailing address, computer lab for housing and job searches, shower and laundry facilities, and childcare services at no cost, Monday through Friday. Family Promise of the Coastal Empire, Inc. is committed to empowering families with new skills, tools, and resources, enabling them to maintain their independence and navigate through the barriers that led to their housing insecurity. With a team of 11 dedicated individuals, this nonprofit organization strives to make a positive impact on the lives of those in need.


Official website here: www.familypromisesavannah.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Family Promise Of The Coastal Empire Inc has received a stellar rating from Charity Navigator, reflecting its strong performance in accountability and financial management. With a 96% score in Accountability & Finance and a 94% in Culture & Community, the organization demonstrates a robust commitment to transparency and effective governance. All board members are independent, ensuring unbiased decision-making, and the organization has a solid track record of financial oversight with no material diversion of assets.

The nonprofit excels in program efficiency, with an impressive program expense ratio of 87.91%, indicating that a significant portion of its funds is directed toward mission-related activities. The organization also actively seeks and incorporates feedback from constituents, scoring 100% in feedback collection and usage, which highlights its responsiveness to community needs and priorities.

Despite its many strengths, the organization may still face challenges related to equity data and policies, as indicated by slightly lower scores in those areas. However, its overall commitment to equity strategies remains high. Family Promise Of The Coastal Empire Inc stands out as a well-managed nonprofit that effectively serves its community while maintaining high standards of accountability and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Family Promise Of The Coastal Empire Inc legitimate?

Family Promise Of The Coastal Empire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of The Coastal Empire 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,031

For more financial information, click here


Official website here: www.familypromisesavannah.org

What is the mission statement of Family Promise Of The Coastal Empire Inc?

Family Promise of the Coastal Empire Inc. is a nonprofit organization dedicated to empowering low-income families towards achieving lasting self-sufficiency and independence. They accomplish this by providing temporary housing, meals, and intensive supportive services. In collaboration with the faith-based community, families are equipped with new skills, tools, and resources to sustain their independence and overcome the barriers that led to their housing insecurity. The organization's mission is to help families navigate through their challenges and regain stability, ultimately enabling them to lead independent lives.


Official website here: www.familypromisesavannah.org

Who is the CEO of Family Promise Of The Coastal Empire Inc?

Katrina Bostick is the Executive Di of Family Promise Of The Coastal Empire Inc.


Official website here: www.familypromisesavannah.org

What is the revenue of Family Promise Of The Coastal Empire Inc?

Family Promise Of The Coastal Empire Inc's revenue in 2022 was $1,750,018.


Official website here: www.familypromisesavannah.org

Who are the executives of Family Promise Of The Coastal Empire Inc and what are their salaries?

The average compensation at Family Promise Of The Coastal Empire Inc during 2022 was $34,730. There are 11 employees and 1267 volunteers at Family Promise Of The Coastal Empire Inc.


Here are 12 key members and their salaries:


Katrina Bostick (Executive Di)
  • Compensation: $94,000
  • Related: $0
  • Other: $7,031
Jennifer Brookins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelvin Bryant (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Cleaveland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Crosby (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Cooper Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Frazier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Fullerton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Higgins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David London (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bonzo Reddick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.familypromisesavannah.org

Where can I find the form 990 for Family Promise Of The Coastal Empire Inc?

Family Promise Of The Coastal Empire Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familypromisesavannah.org

Learn more at the official website: www.familypromisesavannah.org

Mission Statement of Family Promise Of The Coastal Empire Inc

Family Promise of the Coastal Empire, Inc. is a nonprofit organization dedicated to empowering low-income families, helping them achieve lasting self-sufficiency and independence. Through short-term housing, meals, and family-centered intensive supportive services, this organization equips families with new skills, tools, and resources to maintain their independence and navigate the barriers that led to their housing insecurity. In partnership with the faith-based community of the Coastal Empire, Family Promise of the Coastal Empire, Inc. aids families in overcoming the challenges they face, ultimately striving for their long-term independence.

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Impact




July, 2024

Family Promise Of The Coastal Empire Inc makes a significant impact by empowering low-income families to achieve lasting self-sufficiency and independence. Through their Interfaith Hospitality Network program, they collaborate with local congregations and volunteers to provide shelter, meals, and supportive services to families in need. This volunteer-driven program allows families to save their financial resources for initial rent payments and utility bills. Families incur no expenses for participating and have access to a range of services including a day shelter, computer lab, shower, laundry facilities, and childcare. By offering comprehensive and cost-efficient services, Family Promise Of The Coastal Empire Inc helps families navigate through barriers that have caused housing insecurity, enabling them to maintain their independence and build new skills for a better future.




This information is meant to be a general summary of Family Promise Of The Coastal Empire 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.

Revenue
$1,750,018 (2022)
Expenses
$1,426,831 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13
  • Program Service Revenue: $12,130
  • Gross Receipts: $1,750,018

Assets and Liabilities:

  • Total Assets: $1,185,920
  • Total Liabilities: $265,598
  • Net Assets: $920,322

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$12,130

Organization Details

Founding Year

1997

Principal Officer

Katrina Bostick

Main Address

126 HORIZON PARK DRIVE, SAVANNAH, GA, 31405

NTEE Category

Code: P80 - Human services

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