The House Of Promise
- Assets
- $580.6k
- Revenue
- $482.9k
- Investments
- $5.0k
- Employees
- 16
- Location
- Lansing, MI
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 45-5272090
Organization Overview
The House Of Promise is located in Lansing, MI. The organization was established in 2013. As of 12/2021, House Of Promise employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Promise 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, House Of Promise generated $482.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $444.8k during the year ending 12/2021. While expenses have increased by 34.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE A SAFE HAVEN FOR GIRLS WHO HAVE BEEN VICTIMS OF TRAFFICKING OR SEXUAL ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A SAFE HAVEN FOR GIRLS FROM 12-25 YEARS OLD WHO HAVE BEEN VICTIMS OF TRAFFICKING OR SEXUAL ABUSE.
RAISING AWARENESS OF SEXUAL ABUSE AND HUMAN TRAFFICKING THROUGH EVENTS AND ONLINE RESOURCES.
BLOOM SHOPPE: INITIATIVE ESTABLISHED TO PROVIDE SAFE AND SUPPORTED PROFESSIONAL DEVELOPMENT AND GATEWAY EMPLOYMENT OPPORTUNITIES FOR WOMEN SEX TRAFFICKING SURVIVORS WITHIN THE RESIDENTIAL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Montgomery Executive Director | OfficerTrustee | 40 | $51,686 |
Julie Tadgerson Chair | OfficerTrustee | 1 | $0 |
Bernie Bryan Treasurer | OfficerTrustee | 5 | $0 |
Carla Cantu Secretary | OfficerTrustee | 1 | $0 |
John Cantu Director | Trustee | 1 | $0 |
Al Norris Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $473,490 |
| Noncash contributions included in lines 1a–1f | $15,082 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $473,490 |
| Total Program Service Revenue | $0 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,791 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,905 |
| 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. | $51,686 |
| Compensation of current officers, directors, key employees. | $8,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,793 |
| Pension plan accruals and contributions | $21,475 |
| Other employee benefits | $0 |
| Payroll taxes | $16,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,304 |
| Advertising and promotion | $8,185 |
| Office expenses | $6,211 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,850 |
| Travel | $1,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,326 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,112 |
| Insurance | $0 |
| All other expenses | $38,136 |
| Total functional expenses | $444,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,208 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,114 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $515,260 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $580,582 |
| Accounts payable and accrued expenses | $12,295 |
| 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 | $27,015 |
| Secured mortgages and notes payable | $298,584 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $337,894 |
| Net assets without donor restrictions | $242,688 |
| Net assets with donor restrictions | $0 |
| 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 | $580,582 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The House Of Promise has recieved totaling $152,851.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $72,000 |
Joe D Pentecost Foundation East Lansing, MI PURPOSE: GRANT | $42,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $38,250 |
Kimball Family Foundation Naples, FL PURPOSE: HUMAN SEX TRAFFICKING RECOVERY | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alvis Inc Columbus, OH | $23,086,637 | $39,918,984 |
Blue Water Development Housing Inc Marysville, MI | $7,021,558 | $13,592,557 |
Lifebuilders Detroit, MI | $4,777,776 | $2,593,675 |
Mommy And Me Too Inc Cleveland, OH | $477,465 | $1,361,664 |
Carter House Youngstown, OH | $41,785 | $678,657 |
God Is Faithful Temporary Shelter Janesville, WI | $1,890,290 | $743,429 |
St Vincent De Paul Housing Facilities Inc Newark, OH | $2,072,481 | $651,549 |
Nia Imani Family Inc Milwaukee, WI | $758,181 | $485,904 |
The House Of Promise Lansing, MI | $580,582 | $482,905 |
Home With Hope Inc Lafayette, IN | $0 | $299,549 |
Robert E Berry Halfway House Inc Fond Du Lac, WI | $278,840 | $352,951 |
Pax House Cincinnati, OH | $32,811 | $300,803 |