Family Promise of Summit County
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Family Promise of Summit County does not meet the following 2 Standards for Charity Accountability:
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Family Promise of Summit County does not meet this standard because:
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
Family Promise of Summit County does not meet this standard because:
Family Promise of Summit County meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
We help homeless families with children stay together and achieve sustainable independence.
Year, State Incorporated:
2003, OH
To Keep Families Together To alleviate the trauma of homelessness and assist families in securing a stable home environment.
For the year ended December 31, 2023, Family Promise of Summit County's program expenses were:
| Total Prgram Services | $470,533 |
| Total Program Expenses | $470,533 |
Chair of the Board
Mr. James Strang, Board President
Chair's Profession / Business Affiliation
Board Size
10
Paid Staff Size
4
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Family Promise of Summit County's IRS Form 990 for the year ended December 31, 2023.
Source of Funds
| Contributions, grants, gifts and other similar amounts | $488,596 |
| Income from fund rainsing events | $44,456 |
| Amount from the sale of assets other than inventory | $4,062 |
| Miscellaneous | $414 |
| Investment Income | $64 |
| Total Income | $537,592 |
Programs: 76% Fundraising: 14% Administrative: 10%
| Total Income | $537,592 |
| Total expenses: | $615,420 |
| Program expenses | $470,533 |
| Fundraising expenses | $83,775 |
| Administrative expenses | $61,112 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-77,828 |
| Beginning Net Assets | $887,354 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $809,526 |
| Total Liabilities | $25,899 |
| Total Assets | $809,526 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
