Family Promise Of Greater Cleveland
- Assets
- $6.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Cleveland, OH
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 34-1598710
Organization Overview
Family Promise Of Greater Cleveland is located in Cleveland, OH. The organization was established in 1989. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Family Promise Of Greater Cleveland employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise Of Greater Cleveland is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Family Promise Of Greater Cleveland generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND EMPOWER HOMELESS FAMILIES TO BECOME AND REMAIN SELF-SUFFICIENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Salter Executive Director | Officer | 40 | $92,434 |
Mary Bright Vice President | OfficerTrustee | 1 | $0 |
Krista Zuchowski CPA Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Koch President | OfficerTrustee | 3 | $0 |
Julie Mayock Secretary | OfficerTrustee | 1 | $0 |
Vanetta James Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,437 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $521,061 |
| All other contributions, gifts, grants, and similar amounts not included above | $954,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,478,035 |
| Total Program Service Revenue | $0 |
| Investment income | $65,040 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,313 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,577,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,054 |
| Compensation of current officers, directors, key employees. | $4,742 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $493,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,839 |
| Payroll taxes | $43,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,499 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $35,522 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $134,825 |
| Travel | $23,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,360 |
| Interest | $3,267 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $220,499 |
| Insurance | $18,980 |
| All other expenses | $4,271 |
| Total functional expenses | $1,277,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,998 |
| Savings and temporary cash investments | $1,283,741 |
| Pledges and grants receivable | $390,718 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,621 |
| Net Land, buildings, and equipment | $2,803,623 |
| Investments—publicly traded securities | $1,478,829 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,030,530 |
| Accounts payable and accrued expenses | $43,839 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,839 |
| Net assets without donor restrictions | $5,709,805 |
| Net assets with donor restrictions | $276,886 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,030,530 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Promise Of Greater Cleveland has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $5,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $2,500 |
Endowment Analysis
| Beg. Balance | $123,864 |
| Earnings | $7,591 |
| Other Expense | $18,435 |
| Ending Balance | $113,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life Action Ministries Buchanan, MI | $13,761,466 | $20,860,658 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |
Keycorp Empl Beneficiary Assoc Tr For Post-Retirement Medical Bene Brooklyn, OH | $26,681,464 | $4,575,931 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Kentucky Refugee Ministries Inc Louisville, KY | $2,230,731 | $5,977,380 |
American Dairy Association Mideast Columbus, OH | $3,095,778 | $5,413,695 |
Lakeview Temple Inc Indianapolis, IN | $11,968,336 | $5,459,594 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |