FAMILY PROMISE OF GREATER DENVER INC

EIN: 841367869 501(c)(3) Human Services

DENVER, CO

Total Revenue
$1,494,833
Total Expenses
$1,201,304
Total Assets
$575,568
Net Assets
$506,109
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CO
Principal Officer
JERILYNN APODACA
Phone
3036750713
Tax Period
2024-01-01 to 2024-12-31

FAMILY PROMISE OF GREATER DENVER INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 20% operating margin.

Mission

FAMILY PROMISE OF GREATER DENVER EMPOWERS FAMILIES EXPERIENCING HOMELESSNESS AND HOUSING INSTABILITY TO ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH A COMMUNITY-BASED RESPONSE. THE ORGANIZATION PROVIDES EMERGENCY SHELTER, PREVENTION AND DIVERSION ASSISTANCE, RENTAL AND BRIDGE HOUSING SUPPORT, AND CASE MANAGEMENT SERVICES THAT HELP FAMILIES SECURE AND MAINTAIN SAFE, STABLE HOUSING

Program Service Accomplishments

Program 1
Expenses: $457,929 Revenue: $0

SHELTER: FAMILY PROMISE OF GREATER DENVER PROVIDES EMERGENCY SHELTER, NUTRITIOUS MEALS, AND SUPPORTIVE SERVICES FOR FAMILIES EXPERIENCING HOMELESSNESS. IN 2024, THE DEMAND FOR SERVICES CONTINUED TO...

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SHELTER: FAMILY PROMISE OF GREATER DENVER PROVIDES EMERGENCY SHELTER, NUTRITIOUS MEALS, AND SUPPORTIVE SERVICES FOR FAMILIES EXPERIENCING HOMELESSNESS. IN 2024, THE DEMAND FOR SERVICES CONTINUED TO RISE, AND THE ORGANIZATION SERVED OVER 50 FAMILIES THROUGH ITS SHELTER ROTATION AND STATIC-SITE PROGRAMS. FAMILIES RECEIVED THREE MEALS PER DAY, SAFE OVERNIGHT ACCOMMODATIONS, TRANSPORTATION ASSISTANCE, ACCESS TO SHOWER AND LAUNDRY FACILITIES, AND INDIVIDUALIZED CASE MANAGEMENT FOCUSED ON HOUSING NAVIGATION, EMPLOYMENT, AND FAMILY STABILITY. THE PROGRAM HELPS FAMILIES BUILD THE SKILLS AND RESOURCES NEEDED TO SECURE AND MAINTAIN PERMANENT HOUSING.

Program 2
Expenses: $148,005 Revenue: $0

KEYS TO STABILITY PROGRAM - PREVENTION AND DIVERSION SERVICES: THE KEYS TO STABILITY PROGRAM PREVENTS HOMELESSNESS BY PROVIDING TARGETED FINANCIAL ASSISTANCE, CASE MANAGEMENT, AND REFERRALS TO...

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KEYS TO STABILITY PROGRAM - PREVENTION AND DIVERSION SERVICES: THE KEYS TO STABILITY PROGRAM PREVENTS HOMELESSNESS BY PROVIDING TARGETED FINANCIAL ASSISTANCE, CASE MANAGEMENT, AND REFERRALS TO FAMILIES AT IMMINENT RISK OF LOSING HOUSING. IN 2024, FAMILY PROMISE OF GREATER DENVER HELPED MORE THAN 45 HOUSEHOLDS AVOID EVICTION OR SECURE NEW HOUSING THROUGH RENTAL AND UTILITY ASSISTANCE, LANDLORD MEDIATION, AND CONNECTIONS TO COMMUNITY RESOURCES. FAMILIES ALSO RECEIVED BUDGETING AND EMPLOYMENT COACHING TO STRENGTHEN LONG-TERM FINANCIAL STABILITY. BY INTERVENING EARLY, THE PROGRAM REDUCES SHELTER ENTRIES AND PROMOTES LASTING HOUSING SECURITY.

Program 3
Expenses: $111,854 Revenue: $0

BRIDGE AND TENANT BASED RENTAL ASSISTANCE (TBRA) PROGRAMS - TRANSITIONAL AND LONG-TERM HOUSING SUPPORT: FAMILY PROMISE OF GREATER DENVER OPERATES BRIDGE HOUSING UNITS AND TENANT-BASED RENTAL...

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BRIDGE AND TENANT BASED RENTAL ASSISTANCE (TBRA) PROGRAMS - TRANSITIONAL AND LONG-TERM HOUSING SUPPORT: FAMILY PROMISE OF GREATER DENVER OPERATES BRIDGE HOUSING UNITS AND TENANT-BASED RENTAL ASSISTANCE (TBRA) PROGRAMS THAT PROVIDE TRANSITIONAL HOUSING AND RENTAL SUBSIDIES TO HELP FAMILIES BRIDGE THE GAP TO INDEPENDENCE. IN 2024, THE ORGANIZATION SUPPORTED OVER 25 FAMILIES WITH TEMPORARY HOUSING, ONGOING RENTAL SUPPORT, AND WRAPAROUND CASE MANAGEMENT. PARTICIPANTS WORKED WITH HOUSING NAVIGATORS TO BUILD CREDIT, INCREASE INCOME, AND TRANSITION INTO SUSTAINABLE PERMANENT HOUSING. THESE PROGRAMS DIRECTLY ADDRESS THE SHORTAGE OF AFFORDABLE HOUSING AND ENSURE FAMILIES HAVE THE SUPPORT NEEDED TO REMAIN STABLY HOUSED.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,388,645
Program Service Revenue $0
Investment Income $149
Other Revenue $106,039
TOTAL REVENUE $1,494,833

Expense Breakdown

Grants Paid $3,745
Salaries & Benefits $648,578
Fundraising Expenses $72,648
Program Expenses $852,376
Other Expenses $548,981
TOTAL EXPENSES $1,201,304

Year-over-Year Comparison

2024 2023 Change
Revenue $1,494,833 $1,240,296 +0.2%
Expenses $1,201,304 $1,654,700 -0.3%
Net Income $293,529 $-414,404 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
20
Volunteers
600

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
8
$105,742
Total Directors
10
$88,802
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERILYN APODACA EXECUTIVE DIRECTOR 50
Officer Director
$88,802 $0 $88,802
JASON FRASER EXECUTIVE DIRECTOR UNTIL 2/8/2024 50
Officer
$16,940 $0 $16,940
RENEE QUINTANA CHAIR 5
Officer Director
$0 $0 $0
RACHELLE TRUJILLO VICE CHAIR 2
Officer Director
$0 $0 $0
RACHEL DICKERSON TREASURER 5
Officer Director
$0 $0 $0
JASON CARRITHERS SECRETARY 3
Officer Director
$0 $0 $0
JOSEP CASH SECRETARY 1
Officer Director
$0 $0 $0
TAMARA ALEXANDER-JOHNSON INTERIM CHAIR 5
Officer Director
$0 $0 $0
STEVE MCCARLEY BOARD MEMBER 3
Director
$0 $0 $0
JAZZMINE CLIFTON BOARD MEMBER 5
Director
$0 $0 $0
LISA RITTER BOARD MEMBER 5
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
2024 $1,494,833 $1,201,304 $575,568 $293,529
2023 $1,240,296 $1,654,700 $895,970 $-414,404
2023 $1,164,646 $1,570,005 $894,674 $-405,359
2022 $1,650,668 $1,618,947 $1,357,845 $31,721
2021 $2,284,521 $2,138,076 $623,579 $146,445
2020 $1,435,184 $1,099,567 $531,303 $335,617
2019 $660,010 $722,568 $132,442 $-62,558
2018 $611,968 $667,262 $210,714 $-55,294
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