FAMILY PROMISE - GREATER PHOENIX

EIN: 860914408 501(c)(3) Religion

SCOTTSDALE, AZ

Total Revenue
$2,905,489
Total Expenses
$2,511,895
Total Assets
$7,278,739
Net Assets
$5,197,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AZ
Principal Officer
TED TAYLOR
Phone
4806595227
Tax Period
2024-01-01 to 2024-12-31

FAMILY PROMISE - GREATER PHOENIX, founded in 1998, is a community nonprofit in the Religion sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 14% surplus.

Mission

ENABLE FAMILIES ON THE PRECIPICE OF HOMELESSNESS, OR CURRENTLY EXPERIENCING HOMELESSNESS, TO SUSTAIN OR GAIN EMPLOYMENT, INDEPENDENT HOUSING AND SELF-SUFFICIENCY.

Program Service Accomplishments

Program 1
Expenses: $1,567,810

SHELTER PROGRAM: PROVIDES EMERGENCY SHELTER AND SUPPORT SERVICES TO HOMELESS FAMILIES WITH CHILDREN AND THEIR PETS. LODGING IS EITHER THROUGH COMMUNITY-BASED HOSTING WITHIN AN INTERFAITH NETWORK OR...

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SHELTER PROGRAM: PROVIDES EMERGENCY SHELTER AND SUPPORT SERVICES TO HOMELESS FAMILIES WITH CHILDREN AND THEIR PETS. LODGING IS EITHER THROUGH COMMUNITY-BASED HOSTING WITHIN AN INTERFAITH NETWORK OR ON-SITE AT FAMILY PROMISE. THE DUAL MODEL IS A LINGERING PANDEMIC PIVOT. FAMILIES RECEIVE UP TO 60 DAYS OF SHELTER, BASIC NEEDS, COACHING, EDUCATION, AND CASH FLOW MANAGEMENT TRAINING AT ONE OF FIVE FAMILY PROMISE SITES. MANY FAMILIES ALSO HAVE EMPLOYMENT AS A GOAL, ALTHOUGH SOME ALREADY HAVE A JOB WHEN THEY MOVE INTO OUR SHELTER. CHILDCARE IS ALSO KEY TO A FAMILY'S SUCCESS, SO WE SUPPORT THOSE INITIAL FEES. THE OBJECTIVE IS TO QUICKLY STABILIZE THE ENTIRE FAMILY: BABIES/TODDLERS THROUGH CHILDCARE, CHILDREN THROUGH SCHOOL AND AFTERNOON ENRICHMENT, AND PARENTS THROUGH WORK AND SAVINGS. THIS EMPOWERS THEM TO SECURE SUSTAINABLE, LONG-TERM HOUSING. DURING 2024, WE PROVIDED SHELTER SERVICES TO 177 FAMILIES CONSISTING OF 229 ADULTS AND 348 CHILDREN. THAT TRANSLATED TO 21,243 SHELTER NIGHTS BY THE INTERFAITH CONGREGATION NETWORK AND FAMILY PROMISE STAFF. APPROXIMATELY 32,000 HOURS OF SERVICE WERE PROVIDED BY VOLUNTEERS TO SUPPLEMENT SERVICES PROVIDED BY PAID STAFF. THE SHELTER PROGRAM ALSO FEATURED ITS FOURTH FULL YEAR OF HOMELESS PREVENTION SERVICES. FUNDING SUPPORTED RENTAL SHORTFALL BEFORE FAMILIES BECOME HOMELESS AND SUPPORTED MOVE-IN COSTS FOR GRADUATES TO PREVENT A SLIDE BACK INTO HOMELESSNESS. WE SUPPORTED 70 CHILDREN IN 30 FAMILIES WITH PREVENTION SERVICES. IT ONLY COST $409/CHILD TO PAD THEIR FAMILY'S HOUSING AND HEALTH STABILITY. REGULAR FOOD DONATIONS FROM THE COMMUNITY ALLOW US TO SEND EACH FAMILY HOME WITH A FOOD BOX TOO.

Program 2
Expenses: $49,943

OUTREACH DEVELOPMENT: IN ORDER TO PROVIDE EMERGENCY SHELTER TO HOMELESS FAMILIES, THE ORGANIZATION MUST ENSURE A SOLID AND DIVERSE AWARENESS AND FUNDING PIPELINE. REACHING OUT TO THE CONGREGATIONAL...

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OUTREACH DEVELOPMENT: IN ORDER TO PROVIDE EMERGENCY SHELTER TO HOMELESS FAMILIES, THE ORGANIZATION MUST ENSURE A SOLID AND DIVERSE AWARENESS AND FUNDING PIPELINE. REACHING OUT TO THE CONGREGATIONAL, BUSINESS, AND CIVIC COMMUNITIES ARE ROUTINE EFFORTS. CONGREGATIONAL VOLUNTEERS WHO PROVIDE LODGING AND MEALS REMAIN THE CORE OF FAMILY PROMISE. THESE RELATIONSHIPS ARE THOUGHTFULLY CULTIVATED AND NURTURED TO SUSTAIN THEIR PARTICIPATION, ESPECIALLY IN A POST-PANDEMIC WORLD WHERE CHURCH ATTENDANCE HAS SLID. IN-KIND LODGING, MEALS AND VOLUNTEER EFFORTS SAVED FAMILY PROMISE OVER $390,000 IN 2024. THE OUTREACH STAFF MADE GREAT STRIDES IN EXPANDING COMMUNITY PARTNERSHIPS AND TWO-WAY REFERRAL NORMS WHEN FAMILY PROMISE JOINED THE GLENDALE HOMELESS ALLIANCE. ITS HUB IS THE NORTON AND RAMSEY SOCIAL JUSTICE EMPOWERMENT CENTER AND PARTNERS KNOW TO REFER HOMELESS FAMILIES TO US. WE BEGAN REGULARLY REACHING OUT TO OUR NEIGHBORS WITH NEEDS LIST REQUESTS VIA THE NEXTDOOR APP. MANY DONORS DROPPED OFF ITEMS AND TOURED OUR FACILITIES AS A RESULT. WE BEGAN SHOWING OUR SIGNATURE "JOURNEY OF A CHILD" VIDEO TO CONCLUDE EACH TOUR. NEIGHBORS, BUSINESS LEADERS, AND ORGANIZATION LEADERS ARE MOVED BY HOW SIMPLY FAMILY PROMISE CAN END FAMILY HOMELESSNESS WITH COMMUNITY SUPPORT.

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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 $2,727,100
Program Service Revenue $0
Investment Income $31,406
Other Revenue $146,983
TOTAL REVENUE $2,905,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,315,524
Fundraising Expenses $572,634
Program Expenses $1,617,753
Other Expenses $1,194,204
TOTAL EXPENSES $2,511,895

Year-over-Year Comparison

2024 2023 Change
Revenue $2,905,489 $2,624,323 +0.1%
Expenses $2,511,895 $2,316,846 +0.1%
Net Income $393,594 $307,477 +0.3%
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
14
Independent Members
14
Employees
29
Volunteers
6400

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
4
$108,880
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHYLLIS BANUCCI BOARD MEMBER 4.00
Director
$0 $0 $0
JULIE CIENIAWSKI BOARD MEMBER 4.00
Director
$0 $0 $0
DON HENNINGER BOARD MEMBER 4.00
Director
$0 $0 $0
GABRIELLE LAWRENCE BOARD MEMBER 4.00
Director
$0 $0 $0
KEVIN MAXWELL BOARD MEMBER 4.00
Director
$0 $0 $0
JOANNE MIZELL BOARD MEMBER 4.00
Director
$0 $0 $0
NEIL SUTTON BOARD MEMBER 4.00
Director
$0 $0 $0
CHRIS IRISH BOARD MEMBER 4.00
Director
$0 $0 $0
JO ELLEN MCNAMARA BOARD MEMBER 4.00
Director
$0 $0 $0
MELINDA CONLEY BOARD MEMBER 4.00
Director
$0 $0 $0
TANNER DETRO SECRETARY 4.00
Officer Director
$0 $0 $0
ED ROBERTS TREASURER 4.00
Officer Director
$0 $0 $0
TED TAYLOR CHIEF EXECUTIVE OFFICER 40.00
Officer
$108,880 $0 $108,880
TIM MCGOUGH CHAIRMAN 4.00
Officer
$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 $2,905,489 $2,511,895 $7,278,739 $393,594
2023 $2,624,323 $2,316,846 $6,699,181 $307,477
2022 $3,198,883 $2,117,528 $6,204,819 $1,081,355
2021 $3,658,944 $2,005,891 $5,154,498 $1,653,053
2020 $2,105,167 $1,894,494 $1,960,111 $210,673
2019 $1,539,324 $1,382,850 $1,593,502 $156,474
2019 $1,539,324 $1,382,850 $1,593,502 $156,474
2018 $1,216,940 $1,109,257 $1,382,654 $107,683
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