Family Promise in Anoka County

EIN: 271151848 501(c)(3) Human Services

Coon Rapids, MN

Total Revenue
$1,648,785
Total Expenses
$518,139
Total Assets
$1,541,967
Net Assets
$1,526,789
🔒

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
2010
Legal Domicile
MN
Principal Officer
David M Frei
Phone
7635687365
Tax Period
2023-01-01 to 2023-12-31

Family Promise in Anoka County, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 292% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 69% operating margin.

Mission

Family Promise in Anoka County (FPAC) provides temporary shelter, hospitality, and case management to assist families experiencing housing insecurity to build a foundation of lasting independence.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,622,368
Program Service Revenue $2
Investment Income $26,415
Other Revenue $0
TOTAL REVENUE $1,648,785

Expense Breakdown

Grants Paid $100,926
Salaries & Benefits $274,866
Fundraising Expenses $26,134
Program Expenses $399,925
Other Expenses $142,347
TOTAL EXPENSES $518,139

Year-over-Year Comparison

2023 2022 Change
Revenue $1,648,785 $420,674 +2.9%
Expenses $518,139 $482,845 +0.1%
Net Income $1,130,646 $-62,171 -19.2%
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
12
Independent Members
12
Employees
6
Volunteers
200

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
$66,514
Total Directors
12
$66,514
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David M Frei Executive Director 45.00
Officer Director
$66,514 $0 $66,514
Kristina Cady President, Board Member 3.00
Officer Director
$0 $0 $0
Janine Wenholz Treasurer, Board Member 4.00
Officer Director
$0 $0 $0
David Noe Board Member 5.00
Director
$0 $0 $0
Joan Farrell Secretary, Board Member 3.00
Officer Director
$0 $0 $0
Janet Beto Board Member 2.00
Director
$0 $0 $0
Laura Brandt Board Member 3.00
Director
$0 $0 $0
Amber Mitchell Board Member 4.00
Director
$0 $0 $0
Gina Lund Board Member 3.00
Director
$0 $0 $0
Theresa Pinger Vice President 3.00
Officer Director
$0 $0 $0
Sue Baysden Board Member 5.00
Director
$0 $0 $0
Kelly Eisenbraun Board Member 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 No data No data No data No data
2023 $1,648,785 $518,139 $1,541,967 $1,130,646
2022 $420,674 $482,845 $249,389 $-62,171
2021 $526,811 $477,791 $312,516 $49,020
2020 $349,820 $356,373 $298,787 $-6,553
2019 $479,866 $386,579 $265,010 $93,287
2018 $349,745 $327,240 $216,215 $22,505
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Family Promise in Anoka County with other nonprofits in Minnesota and across the country.