2024-08-22T09:25:41-05:00 2023-12-31 561719839 Earney & Company LLP 710 Military Cutoff Road Suite 250 Wilmington NC 28405 990 2023-01-01 561925967 Family Promise of the Lower Cape Fear FAMI 9107694730 20 N 4th Street Wilmington NC 28401 Laura Miller Treasurer 9105090400 2024-08-22 1 0 Ryan Skuce CPA P00742864 9102569995 2024-08-19 2023 2024-08-08 14:25:15Z Laura Miller 20 N 4th Street Wilmington NC 28401 885970 0 X www.familypromiselcf.org X 1995 NC The organization provides case management and transitional housing for victims of domestic violence and emergency shelter to homeless families with children, while supplying them with the resources and skills vital to regaining and maintaining financial independence. 11 11 5 11 0 0 813204 767826 55131 72853 28 207 13167 22498 881530 863384 0 0 0 0 237651 243166 0 0 12308 622552 757939 860203 1001105 21327 -137721 811764 664385 527170 517512 284594 146873 X FAMILY PROMISE OF THE LOWER CAPE FEAR SUPPORTS FAMILIES EXPERIENCING HOUSING INSTABILITY, INCLUDING DOMESTIC VIOLENCE SURVIVORS, TO ACHIEVE SUSTAINABLE INDEPENDENCE. 0 0 956894 72853 FAMILY PROMISE OF THE LOWER CAPE FEAR, INC. (FAMILY PROMISE) UNITES COMMUNITIES OF FAITH IN A COLLABORATIVE EFFORT TO ASSIST HOMELESS FAMILIES. HOMELESS FAMILIES ARE PROVIDED WITH EMERGENCY AND TRANSITIONAL SERVICES THAT ASSIST THEM IN REGAINING THEIR INDEPENDENCE. ON AVERAGE, FAMILY PROMISE ASSISTS 95 INDIVIDUALS AND 30 FAMILIES PER YEAR WHICH HAS INCLUDED UP TO 65 CHILDREN UNDER THE AGE OF 18. WITH THE ASSISTANCE OF FAMILY PROMISE AN AVERAGE OF 10 FAMILIES WILL SECURE PERMANENT HOUSING AND 10 FAMILIES WILL SECURE TRANSITIONAL OR SHARED HOUSING UPON EXITING THE FAMILY PROGRAM. OVER 50% OF INDIVIDUALS SERVED ARE VICTIMS OF DOMESTIC VIOLENCE. OUR PARTICIPANTS HAVE AN 89% SUCCESS RATE IN SECURING PERMANENT HOUSING. WITH ALL PROGRAMS INCLUDING SHELTER, TRANSITIONAL HOUSING, PREVENTION, DIVERSION, AND COMMUNITY SERVICE, FAMILY PROMISE WAS ABLE TO ASSIST 3,347 FAMILIES CONSISTING OF 10,163 INDIVIDUALS DURING 2023. 956894 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 5 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X Laura Miller 9107694730 20 N 4th Street WILMINGTON NC 28401 Tom Barth PRESIDENT 4.00 X X 0 0 0 Billie Robinson VICE PRESIDENT 4.00 X X 0 0 0 Laura Miller TREASURER 4.00 X X 0 0 0 Cammeron Batanides DIRECTOR 4.00 X 0 0 0 Clayton Black DIRECTOR 4.00 X 0 0 0 Shay Brown DIRECTOR 4.00 X 0 0 0 Ronnie Burbank DIRECTOR 4.00 X 0 0 0 Walt Griffith DIRECTOR 4.00 X 0 0 0 Pat Haberfield DIRECTOR 4.00 X 0 0 0 Elisha Jennings DIRECTOR 4.00 X 0 0 0 Neal Livingston DIRECTOR 4.00 X 0 0 0 Abby Overton DIRECTOR 4.00 X 0 0 0 Leslie Watson DIRECTOR 4.00 X 0 0 0 Edward Wills DIRECTOR 4.00 X 0 0 0 Lori Wilson DIRECTOR 4.00 X 0 0 0 Anne Best EXECUTIVE DIRECTOR 40.00 X 0 92000 0 0 92000 0 0 0 0 0 0 256245 511581 433860 767826 Program fees 531110 72853 72853 72853 207 207 45084 22586 22498 22498 863384 72853 0 22705 92000 82800 6440 2760 96550 90665 2988 2897 39813 36628 1991 1194 14803 13618 740 445 3015 2714 151 150 13750 12375 688 687 22365 19681 1566 1118 61136 55022 3057 3057 16317 16317 1313 1313 49131 36848 12283 19989 17990 1999 In-Kind Expense 433860 433860 Guest emergencies 73240 73240 Repairs & maintenance 54564 54564 Other Program Expense 9259 9259 1001105 956894 31903 12308 110848 19425 7036 47500 6000 496 0 1736 815 1267497 661136 615221 606361 35963 24748 811764 664385 24988 25346 466190 447403 20000 35992 24763 527170 517512 X 284594 146873 284594 146873 811764 664385 -137721 0 X 0 1 X 1 0 X 548546 588851 677429 813200 767826 3395852 548546 588851 677429 813200 767826 3395852 3395852 60 392 20 28 207 707 26133 16166 13167 22498 77964 3474523 164126 0.97740 0.97020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85675 85675 1073823 569402 504421 59317 51128 8189 48682 40606 8076 606361 Short-Term Lease Liability 23308 Long-Term Lease Liability 1455 24763 863384 0 863384 0 863384 1001105 0 1001105 0 1001105 Gala 26525 26525 22536 White Feather Farm 10139 10139 50 1 7010 7010 0 43674 43674 22586 22586 21088 X 388935 Goodwill valuation guide X Donated Meals 2190 43800 FMV X Donated Auction Items 0 1125 FMV Additional Food 0 0 FMV 0 0 0 Form 990, Part VI, Section B, line 11b BOARD HIRES CPA FIRM TO AUDIT FINANCIAL STATEMENTS. WHEN COMPLETE, AUDITED NUMBERS ARE DRAFTED INTO 990 BY CPA FIRM. A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE TREASURER AND EXECUTIVE DIRECTOR. THE DRAFT IS THEN SHARED ELECTRONICALLY WITH ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS REVISIT THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. ANY CONFLICTS IDENTIFIED ARE DISCLOSED TO THE BOARD. THE BOARD REQUIRES CONFLICTED MEMBERS TO ABSTAIN FROM ANY VOTE IN WHICH THEY ARE CONFLICTED. Form 990, Part VI, Section B, line 15 GOVERNING BOARD REVIEWS EXECUTIVE PERFORMANCE ANNUALLY THEN USING EXPERIENCE AND COMPARITIVE DATA, INDEPENDENT MEMBERS APPROVE A SALARY FOR COMING YEAR. THIS SALARY IS PUT IN THE BUDGET. GOVERNING BOARD APPROVES GENERAL SCOPE OF SALARIES AND POTENTIAL WAGE ADJUSTMENTS THROUGH BUDGETING PROCESS. EXECUTIVE DIRECTOR MANAGES WITH IN THOSE PARAMETERS. Form 990, Part VI, Section C, line 19 ON GUIDESTAR.ORG AND AVAILABLE BY REQUEST.