FAMILY PROMISE OF GRAND RAPIDS

🔒

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

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

TENISA FRYE

Phone

6164755220

Tax Period

2025-01-01 to 2025-12-31

FAMILY PROMISE OF GRAND RAPIDS, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $5.3M in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES HOMELESS PREVENTION SERVICES, EMERGENCY SHELTER AND BASIC NEEDS, HOUSING SOLUTIONS, AND FAMILY AND EARLY CHILDHOOD SERVICES TO FAMILIES IN A HOUSING CRISIS.

Program Service Accomplishments

Program 1

Expenses: $1,797,866 Revenue: $35,980

EMERGENCY SHELTER - PROVIDES CHILDREN AND THEIR FAMILIES WITH SAFE SHELTER, BASIC NEEDS, AND SUPPORTIVE SERVICES AS THEY SEEK PERMANENT HOUSING.

Program 2

Expenses: $649,169

SHELTER DIVERSION SERVICES - PROVIDES SUPPORTING SERVICES TO FAMILIES NEWLY TRANSITIONED INTO HOUSING TO ENSURE THEY CAN STAY SECURELY HOUSED.

Program 3

Expenses: $944,346

FAMILY AND EARLY CHILDHOOD SERVICES - PROVIDES SUPPORTIVE SERVICES TO FAMILIES NEWLY TRANSITIONED INTO HOUSING TO ENSURE THEY CAN STAY SECURELY HOUSED.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,957,674

Program Service Revenue $35,980

Investment Income $132,472

Other Revenue $129,667

TOTAL REVENUE $5,255,793

Expense Breakdown

Grants Paid $605,472

Salaries & Benefits $3,204,702

Fundraising Expenses $569,832

Program Expenses $4,152,252

Other Expenses $1,525,523

TOTAL EXPENSES $5,335,697

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,255,793	$4,537,058	+0.2%
Expenses	$5,335,697	$6,290,713	-0.2%
Net Income	$-79,904	$-1,753,655	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

4000

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

$419,444

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRENT GOODING	PRESIDENT	5.00	Officer Director	$0	$0	$0
NATHAN TRATHEN	TREASURER	5.00	Officer Director	$0	$0	$0
CHRISTIAN HUYGE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
AUDRA BLODGETT	SECRETARY	5.00	Officer Director	$0	$0	$0
KIM DELONG	DIRECTOR	2.00	Director	$0	$0	$0
CIARRA C ADKINS	DIRECTOR	2.00	Director	$0	$0	$0
LISA KNIGHT	DIRECTOR	2.00	Director	$0	$0	$0
HEATHER MERRICK	DIRECTOR	2.00	Director	$0	$0	$0
BRAD SPARKS	DIRECTOR	2.00	Director	$0	$0	$0
SHARIEM SATERFIELD	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL LYNN	DIRECTOR	2.00	Director	$0	$0	$0
TENISA FRYE	CEO	40.00	Officer	$170,993	$444	$171,437
AURELIA BOUWHUIS	CFO	40.00	Officer	$116,887	$25,274	$142,161
SHELLY BARNETTE-DAWSON	CAO	40.00	Officer	$105,846	$0	$105,846

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	$5,255,793	$5,335,697	$10,985,565	$-79,904
2024	$4,537,058	$6,290,713	$11,004,375	$-1,753,655
2023	$8,227,206	$6,127,018	$12,040,722	$2,100,188
2022	$8,020,589	$5,903,559	$5,594,471	$2,117,030
2021	$5,399,500	$5,313,373	$3,472,871	$86,127
2020	$5,540,917	$4,207,422	$3,731,982	$1,333,495
2019	$2,637,955	$2,703,530	$2,017,656	$-65,575
2018	$2,004,624	$2,084,942	$2,069,872	$-80,318