FAMILY PROMISE OF LAS VEGAS INC

EIN: 880352350 501(c)(3) Housing & Shelter

LAS VEGAS, NV

Total Revenue
$9,429,654
Total Expenses
$1,719,433
Total Assets
$14,283,863
Net Assets
$14,254,696
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NV
Principal Officer
CLAUDIA WIDHALM
Phone
7026388806
Tax Period
2024-09-01 to 2025-06-30

FAMILY PROMISE OF LAS VEGAS INC, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.7M, a strong 82% operating margin.

Mission

OR MOST SIGNIFICANT ACTIVITIES FAMILY PROMISE IS COMMITTED TO HELPING HOMELESS FAMILIES IN THE LAS VEGAS VALLEY TO ACHIEVE LASTING INDEPENDENCE. WE DO THIS BY HELPING OUR COMMUNITY MOBILIZE TO PROVIDE SAFE SHELTER, MEALS, AND SUPPORT SERVICES FOR HOMELESS FAMILIES. FORM 990 - ORGANIZATION'S MISSION PARTNERING WITH FAITH HOUSES AND COMMUNITY ORGANIZATIONS, WE ASSIST FAMILIES IN THE LAS VEGAS VALLEY TO TRANSITION FROM HOMELESSNESS TO STABILITY AND INDEPENDENCE THROUGH COMPASSIONATE GUIDANCE, SHELTER AND EDUCATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,408,834
Program Service Revenue $0
Investment Income $20,820
Other Revenue $0
TOTAL REVENUE $9,429,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $791,047
Fundraising Expenses $22,340
Program Expenses $1,532,546
Other Expenses $928,386
TOTAL EXPENSES $1,719,433

Year-over-Year Comparison

2024 2023 Change
Revenue $9,429,654 $6,199,606 +0.5%
Expenses $1,719,433 $1,369,656 +0.3%
Net Income $7,710,221 $4,829,950 +0.6%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
14
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
6
$193,028
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA JONES PRESIDENT 2.00
Officer Director
$0 $0 $0
BRENT WOOD VICE PRESIDE 2.00
Officer Director
$0 $0 $0
CLAUDIA WIDHALM TREASURER 2.00
Officer Director
$0 $0 $0
CHRIS WALTHER SECRETARY 2.00
Officer Director
$0 $0 $0
CURTIS A PARKER BOARD MEMBER 2.00
Director
$0 $0 $0
LUKE ASELTINE BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTIN KIRUI-CASE BOARD MEMBER 2.00
Director
$0 $0 $0
LEONARD CHIDE BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA YONAMINE BOARD MEMBER 2.00
Director
$0 $0 $0
LISA KAPLAN BOARD MEMBER 2.00
Director
$0 $0 $0
ARMENA MKHITARYAN EXECUTIVE DI 40.00
Officer
$116,659 $0 $116,659
MARISA CERVANTES EXECUTIVE DI 40.00
Officer
$76,369 $0 $76,369
SARA MIRELES BOARD MEMBER 2.00
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
2025 $9,429,654 $1,719,433 $14,283,863 $7,710,221
2024 $6,199,606 $1,369,656 $7,438,704 $4,829,950
2023 $2,285,242 $1,501,032 $1,734,441 $784,210
2022 $1,432,632 $1,079,429 $945,805 $353,203
2021 $1,454,657 $1,246,533 $625,221 $208,124
2020 $1,275,914 $1,005,100 $586,262 $270,814
2019 $616,105 $609,754 $226,649 $6,351
2018 $514,017 $518,930 $219,334 $-4,913
Explore More Nonprofits
Top 100 Nonprofits in Nevada Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FAMILY PROMISE OF LAS VEGAS INC with other nonprofits in Nevada and across the country.