LUBBOCK, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAMILY PROMISE OF LUBBOCK INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $291K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $394K exceeded revenue, resulting in a 36% operating deficit.
To provide homeless families with children the tools necessary to achieve long term financial, parental, and personal self-sufficiency through a comprehensive program of temporary housing, case management, and supportive services.
Family Promise of Lubbock serves families without regard to race, ethnicity, age, or orientation. Of the families completing the Family Promise Program, 100% remained employed and in sustainable...
Family Promise of Lubbock serves families without regard to race, ethnicity, age, or orientation. Of the families completing the Family Promise Program, 100% remained employed and in sustainable housing at 6 months. The Family Mentoring Program trains mentors to offer both practical and emotional support by helping to recognize and appreciate the family's unique strengths, define and set goals and action steps, encourage family members to take action toward their goals, review progress regularly, provide a link to the larger community by identifying and locating community resources, and to celebrate each achievement along the way.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $290,707 | $234,076 | +0.2% |
| Expenses | $394,169 | $337,305 | +0.2% |
| Net Income | $-103,462 | $-103,229 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ed Mullins | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gary House | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kase Wilbanks | Member-at-large | 1.00 |
Director
|
$0 | $0 | $0 |
| Marlise Boyles | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Vickie Wilson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| BREANNE MINEFREE | President | 1.00 |
Director
|
$0 | $0 | $0 |
| HOLLY CHURCHWELL | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM FULLER | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN KIECHLER | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $290,707 | $394,169 | $751,025 | $-103,462 |
| 2022 | $234,076 | $337,305 | $856,744 | $-103,229 |
| 2021 | $261,016 | $299,646 | $972,694 | $-38,630 |
| 2020 | $394,418 | $349,323 | $570,270 | $45,095 |
| 2020 | $394,418 | $349,323 | $570,270 | $45,095 |
| 2019 | $286,253 | $302,891 | $347,787 | $-16,638 |
| 2018 | $349,176 | $298,563 | $370,425 | $50,613 |
Compare FAMILY PROMISE OF LUBBOCK INC with other nonprofits in Texas and across the country.