FAMILY PROMISE OF BERGEN COUNTY

EIN: 222853599 501(c)(3) Housing & Shelter

RIDGEWOOD, NJ

Total Revenue
$1,939,402
Total Expenses
$2,042,047
Total Assets
$3,136,298
Net Assets
$3,089,271
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NJ
Principal Officer
PAUL SHACKFORD
Phone
2018338009
Tax Period
2024-01-01 to 2024-12-31

FAMILY PROMISE OF BERGEN COUNTY, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

PROVIDE TEMPORARY SHELTER AND SUPPORT TO WORKING FAMILIES EXPERIENCING HOMELESSNESS, AND A DINNER PROGRAM TO ADDRESS FOOD INSECURITY IN THE COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,808,348
Program Service Revenue $0
Investment Income $129,903
Other Revenue $1,151
TOTAL REVENUE $1,939,402

Expense Breakdown

Grants Paid $879,889
Salaries & Benefits $728,066
Fundraising Expenses $270,817
Program Expenses $1,508,343
Other Expenses $434,092
TOTAL EXPENSES $2,042,047

Year-over-Year Comparison

2024 2023 Change
Revenue $1,939,402 $1,762,630 +0.1%
Expenses $2,042,047 $1,763,205 +0.2%
Net Income $-102,645 $-575 +177.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
12
Volunteers
1000

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
$142,820
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE DUGGAN EXECUTIVE DIRECTOR 40.00
Officer
$138,165 $4,655 $142,820
PAUL SHACKFORD PRESIDENT 15.00
Officer Director
$0 $0 $0
NADINE Z GENET VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JERROLD FLEISHER SECRETARY 3.00
Officer Director
$0 $0 $0
RACHEL VOTTO TREASURER 5.00
Officer Director
$0 $0 $0
DANIEL R BOYER FUND DEVEL. COMMITTEE CHAI 5.00
Director
$0 $0 $0
ANN MARIE MCCANN TRUSTEE 3.00
Director
$0 $0 $0
FRANK SKUTHAN TRUSTEE 3.00
Director
$0 $0 $0
SUSAN UNGARO TRUSTEE 3.00
Director
$0 $0 $0
DONNETT VERLEY TRUSTEE 3.00
Director
$0 $0 $0
ALINA ALBANO TRUSTEE 3.00
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 $1,939,402 $2,042,047 $3,136,298 $-102,645
2023 $1,762,630 $1,763,205 $3,227,138 $-575
2022 $1,945,948 $1,645,621 $3,313,936 $300,327
2021 $2,402,119 $1,535,310 $2,990,710 $866,809
2020 $2,419,712 $1,793,679 $2,138,624 $626,033
2019 $1,507,014 $1,028,617 $1,407,550 $478,397
2018 $1,094,340 $956,042 $930,102 $138,298
2018 $1,094,340 $956,042 $930,102 $138,298
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FAMILY PROMISE OF BERGEN COUNTY with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.