FAMILY PROMISE OF GREAT FALLS (EIN 462655042) - Form 990 Financial Analysis & Trantor Score

🔒

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

2013

Legal Domicile

Principal Officer

GREG GROSENICK

Phone

4068660288

Tax Period

2024-01-01 to 2024-12-31

FAMILY PROMISE OF GREAT FALLS, founded in 2013, is a small nonprofit in the Religion sector that reported $314K in total revenue in fiscal year 2024. Expenses of $276K left a modest 12% surplus.

Mission

FAMILY PROMISE OF GREAT FALLS PROVIDES SUPPORT AND RESOURCES TO CHILDREN (CONTINUE TO SCHEDULE O) AND THEIR FAMILIES IN A HOMELESS SITUATION UNTIL THE FAMILY CAN REGAIN SUSTAINABLE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $311,080

Program Service Revenue $0

Investment Income $1,380

Other Revenue $2,038

TOTAL REVENUE $314,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,218

Fundraising Expenses $7,106

Program Expenses $231,356

Other Expenses $148,325

TOTAL EXPENSES $275,543

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,498	$309,830	+0.0%
Expenses	$275,543	$240,323	+0.1%
Net Income	$38,955	$69,507	-0.4%

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

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

$62,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DESARAE BAKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
BECKIE FRISBEE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TRISHA WESTMORELAND	SECRETARY	2.00	Officer Director	$0	$0	$0
MARY LEHMAN	TREASURER	2.00	Officer Director	$0	$0	$0
EVAN BOWSER	BOARD MEMBER	1.00	Director	$0	$0	$0
CANDICE GRIFFITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARILYN CARLSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY OLINGER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARYELLEN BINDEL	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY MICHELOTTI	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG GROSENICK	EXECUTIVE DIRECTOR	30.00	Officer	$62,400	$0	$62,400

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	$314,498	$275,543	$303,911	$38,955
2023	$309,830	$240,323	$258,311	$69,507
2022	$234,434	$179,986	$188,099	$54,448
2021	$103,508	$47,993	$132,016	$55,515
2020	$133,169	$109,994	$76,501	$23,175
2019	$167,022	$162,796	$54,685	$4,226
2018	$126,537	$146,493	$51,870	$-19,956

FAMILY PROMISE OF GREAT FALLS