Family Promise of Southern New Hampshire

EIN: 020528837 501(c)(3) Human Services

Nashua, NH

Total Revenue
$989,210
Total Expenses
$1,620,931
Total Assets
$5,881,691
Net Assets
$3,450,833
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NH
Principal Officer
Pamela T Wellman
Phone
6038837338
Tax Period
2024-01-01 to 2024-12-31

Family Promise of Southern New Hampshire, founded in 2001, is a small nonprofit in the Human Services sector that reported $989K in total revenue in fiscal year 2024. Expenses of $1.6M exceeded revenue, resulting in a 64% operating deficit.

Mission

Housing & Education to families experiencing homelessness as they attain sustainable independence.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $692,555
Program Service Revenue $49,834
Investment Income $355
Other Revenue $246,466
TOTAL REVENUE $989,210

Expense Breakdown

Grants Paid $203,180
Salaries & Benefits $731,739
Fundraising Expenses $273,903
Program Expenses $1,102,035
Other Expenses $686,012
TOTAL EXPENSES $1,620,931

Year-over-Year Comparison

2024 2023 Change
Revenue $989,210 $943,843 +0.0%
Expenses $1,620,931 $1,452,616 +0.1%
Net Income $-631,721 $-508,773 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
19
Independent Members
18
Employees
11
Volunteers
46

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$111,084
Total Directors
19
$111,084
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pamela Wellman Executive Director 40.00
Officer Director
$111,084 $0 $111,084
Brian Crawford President 6.00
Officer Director
$0 $0 $0
Marc Siragusa Vice President 3.00
Officer Director
$0 $0 $0
Cheryl Ruane Treasurer 4.00
Officer Director
$0 $0 $0
James Murguia Secretary 3.00
Officer Director
$0 $0 $0
Andrew Armstrong Board Member 1.00
Director
$0 $0 $0
Randy Brown Board Member 1.00
Director
$0 $0 $0
Damian Denault Board Member 1.00
Director
$0 $0 $0
Steve Estes Board Member 1.00
Director
$0 $0 $0
Bob Freed Board Member 3.00
Director
$0 $0 $0
Bob Goldstein Board Member 1.00
Director
$0 $0 $0
Bob Mack Board Member 3.00
Director
$0 $0 $0
Chuck Nuskey Board Member 2.00
Director
$0 $0 $0
Lori Piper Board Member 2.00
Director
$0 $0 $0
Tim Powers Board Member 1.00
Director
$0 $0 $0
Kevin Rourke Board Member 1.00
Director
$0 $0 $0
Lisa Scheib MD Board Member 1.00
Director
$0 $0 $0
Nicole Schultz-Price Board Member 1.00
Director
$0 $0 $0
Donald Stokes Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $989,210 $1,620,931 $5,881,691 $-631,721
2023 $943,843 $1,452,616 $5,840,538 $-508,773
2022 $1,065,209 $1,153,379 $4,228,284 $-88,170
2021 $1,507,214 $1,036,622 $4,692,581 $470,592
2020 $3,935,395 $500,429 $5,001,140 $3,434,966
2019 $478,010 $415,056 $491,673 $62,954
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