FAMILY PROMISE OF WARREN COUNTY INC

EIN: 204557357 501(c)(3) Housing & Shelter

PHILLIPSBURG, NJ

Total Revenue
$1,078,421
Total Expenses
$898,642
Total Assets
$797,500
Net Assets
$578,974
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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
2005
Legal Domicile
NJ
Principal Officer
ELIZABETH C DEROHAN
Phone
9084532194
Tax Period
2024-01-01 to 2024-12-31

FAMILY PROMISE OF WARREN COUNTY INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $180K, a strong 17% operating margin.

Mission

THE MISSION OF FAMILY PROMISE OF WARREN COUNTY IS TO HELP HOMELESS AND LOW-INCOME FAMILIES ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH A COMMUNITY-BASED RESPONSE. FAMILY PROMISE OF WARREN COUNTY ENABLES COMMUNITIES TO WORK TOGETHER TO ADDRESS THE NEEDS OF HOMELESS FAMILIES AND INDIVIDUALS. PROVIDING SHELTER, MEALS, RE-HOUSING, AND COMPREHENSIVE SERVICES, FAMILY PROMISE HELPS FAMILIES ACHIEVE LASTING SELF-SUFFICIENCY. THE VISION OF FAMILY PROMISE OF WARREN COUNTY IS A COMMUNITY, AND A COUNTRY, IN WHICH EVERY FAMILY AND INDIVIDUAL HAS A HOME, A JOB, AND THE OPPORTUNITY TO BUILD A BETTER FUTURE.

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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 $1,092,291
Program Service Revenue $0
Investment Income $-18,326
Other Revenue $4,456
TOTAL REVENUE $1,078,421

Expense Breakdown

Grants Paid $442,280
Salaries & Benefits $375,206
Fundraising Expenses $0
Program Expenses $805,931
Other Expenses $81,156
TOTAL EXPENSES $898,642

Year-over-Year Comparison

2024 2023 Change
Revenue $1,078,421 $1,112,472 0.0%
Expenses $898,642 $886,563 +0.0%
Net Income $179,779 $225,909 -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
9
Independent Members
9
Employees
12
Volunteers
50

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
6
$125,257
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSEMARIE LYNCH SECRETARY 5.00
Officer Director
$0 $0 $0
MARINELL BRZOSTOWSKI VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
STEVE UNGER TRUSTEE 5.00
Director
$0 $0 $0
BRADFORD DAY PRESIDENT 5.00
Officer Director
$0 $0 $0
MATTHEW BRADLEY TRUSTEE 5.00
Director
$0 $0 $0
ELIZABETH C DEROHAN TREASURER 5.00
Officer Director
$0 $0 $0
MARY BETH MARDIS-LECROY TRUSTEE 5.00
Director
$0 $0 $0
DIANE BONELLI TRUSTEE 5.00
Director
$0 $0 $0
THOMAS MCGUIRE TRUSTEE 5.00
Director
$0 $0 $0
ROBERT FRANKENFIELD CO-EXECUTIVE DIRECTOR 60.00
Officer
$65,000 $0 $65,000
RACHEL OPDYKE CO-EXECUTIVE DIRECTOR 60.00
Officer
$60,257 $0 $60,257
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 $1,078,421 $898,642 $797,500 $179,779
2023 $1,112,472 $886,563 $423,116 $225,909
2022 $395,040 $406,402 $269,956 $-11,362
2021 $456,824 $432,349 $202,436 $24,475
2020 $380,370 $441,609 $226,419 $-61,239
2019 $512,370 $524,410 $236,786 $-12,040
2018 $544,803 $546,517 $243,997 $-1,714
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