FAMILY PROMISE OF BIRMINGHAM INC

EIN: 311544162 501(c)(3) Human Services

BIRMINGHAM, AL

Total Revenue
$113,870
Total Expenses
$166,832
Total Assets
$162,122
Net Assets
$162,122
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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
1997
Legal Domicile
AL
Principal Officer
DAVID REESE
Phone
2059180246
Tax Period
2025-01-01 to 2025-12-31

FAMILY PROMISE OF BIRMINGHAM INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $114K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 47% operating deficit.

Mission

TO PROVIDE FOOD, SHELTER AND COUNSELING FOR HOMELESS FAMILIES IN THE BIRMINGHAM METROPOLITAN AREA.

Program Service Accomplishments

Program 1
Expenses: $135,346 Revenue: $113,870

HOMELESS PREVENTION & DIVERSION PROGRAM - PROVIDED FUNDS FOR RENT, UTILITIES AND FOOD FOR FAMILIES IN THE JEFFERSON COUNTY AND SURROUNDING AREAS TO PREVENT HOMELESSNESS. IN 2025 WE HELPED 76 FAMILIES...

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HOMELESS PREVENTION & DIVERSION PROGRAM - PROVIDED FUNDS FOR RENT, UTILITIES AND FOOD FOR FAMILIES IN THE JEFFERSON COUNTY AND SURROUNDING AREAS TO PREVENT HOMELESSNESS. IN 2025 WE HELPED 76 FAMILIES CONSISTING OF 99 ADULTS AND 244 CHILDREN.

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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 (2025)

Revenue Breakdown

Contributions & Grants $95,561
Program Service Revenue $0
Investment Income $-1,458
Other Revenue $19,767
TOTAL REVENUE $113,870

Expense Breakdown

Grants Paid $0
Salaries & Benefits $87,572
Fundraising Expenses $0
Program Expenses $135,346
Other Expenses $79,260
TOTAL EXPENSES $166,832

Year-over-Year Comparison

2025 2024 Change
Revenue $113,870 $150,108 -0.2%
Expenses $166,832 $177,283 -0.1%
Net Income $-52,962 $-27,175 +0.9%
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
8
Independent Members
8
Employees
1
Volunteers
N/A

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
3
$0
Total Directors
9
$81,845
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIRE HARDESTY PRESIDENT 5.00
Officer Director
$0 $0 $0
ELIZABETH HAYES BOARD MEMBER 1.00
Director
$0 $0 $0
PAMELA MARSH BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID REESE TREASURER 5.00
Officer Director
$0 $0 $0
RANA COWAN EXECUTIVE DIRECTOR 40.00
Director
$62,912 $18,933 $81,845
TOM LAMKIN BOARD MEMBER 1.00
Director
$0 $0 $0
MATT MATLOCK VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PRESTON HAIRELL BOARD MEMBER 1.00
Director
$0 $0 $0
LYNDSAY CLARK 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
2025 $113,870 $166,832 $162,122 $-52,962
2024 $150,108 $177,283 $215,084 $-27,175
2023 $185,958 $227,931 $242,259 $-41,973
2022 $167,921 $202,667 $284,232 $-34,746
2021 $303,336 $202,588 $318,978 $100,748
2020 $315,420 $214,601 $218,230 $100,819
2019 $195,525 $190,099 $117,411 $5,426
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