FAMILY PROMISE METROWEST INC

EIN: 205963640 501(c)(3) Housing & Shelter

NATICK, MA

Total Revenue
$1,601,265
Total Expenses
$1,642,304
Total Assets
$2,789,339
Net Assets
$2,770,172
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MA
Principal Officer
DANIEL SEAMAN
Phone
5083184820
Tax Period
2024-01-01 to 2024-12-31

FAMILY PROMISE METROWEST INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

TO TRANSFORM THE LIVES OF FAMILIES WITH CHILDREN WHO ARE FACING HOMELESSNESS BY MOBILIZING A DIVERSE COMMUNITY TO PROVIDE SHELTER, EDUCATION AND COMPREHENSIVE SUPPORT.

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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 $1,583,705
Program Service Revenue $0
Investment Income $24,285
Other Revenue $-6,725
TOTAL REVENUE $1,601,265

Expense Breakdown

Grants Paid $362,656
Salaries & Benefits $960,509
Fundraising Expenses $196,069
Program Expenses $1,226,086
Other Expenses $319,139
TOTAL EXPENSES $1,642,304

Year-over-Year Comparison

2024 2023 Change
Revenue $1,601,265 $1,336,603 +0.2%
Expenses $1,642,304 $1,342,039 +0.2%
Net Income $-41,039 $-5,436 +6.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
15
Volunteers
189

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
4
$143,628
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIELLE CONTI EXECUTIVE DIRECTOR 40.00
Officer
$132,212 $11,416 $143,628
KELLI CONNORS CHAIR 10.00
Officer Director
$0 $0 $0
DANIEL SEAMAN TREASURER 5.00
Officer Director
$0 $0 $0
HEATHER CONNOLLY CLERK 5.00
Officer Director
$0 $0 $0
DEAN BLACKEY DIRECTOR 2.00
Director
$0 $0 $0
HARRIETT HALLAGAN DIRECTOR 2.00
Director
$0 $0 $0
THOMAS TEICH DIRECTOR 2.00
Director
$0 $0 $0
DELISA JOSEPH DIRECTOR 2.00
Director
$0 $0 $0
LI MORRISON DIRECTOR 2.00
Director
$0 $0 $0
ELIZABETH MASTERSON DIRECTOR 2.00
Director
$0 $0 $0
NICK BALSTER DIRECTOR 2.00
Director
$0 $0 $0
KEVIN LOPEZ FORMER DIRECTOR 2.00
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 $1,601,265 $1,642,304 $2,789,339 $-41,039
2023 $1,336,603 $1,342,039 $2,857,295 $-5,436
2022 $1,112,036 $1,152,127 $2,867,265 $-40,091
2021 $1,605,700 $1,024,764 $2,984,304 $580,936
2020 $1,409,694 $946,261 $2,348,898 $463,433
2019 $973,205 $751,749 $1,855,149 $221,456
2018 $1,103,761 $671,847 $2,052,561 $431,914
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