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Family Promise of Yellowstone Valley

EIN 20-0323622 · Billings, MT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceStrong97 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF FAMILY PROMISE OF YELLOWSTONE VALLEY IS TO HELP HOMELESS FAMILIES ACHIEVE AND SUSTAIN INDEPENDENCE THROUGH A COMMUNITY RESPONSE TO HOMELESSNESS. OUR VISION IS A VALLEY IN WHICH EVERY FAMILY HAS A HOME, A LIVELIHOOD, AND THE CHANCE TO BUILD A BETTER FUTURE.

Income
$576,466
Spending
$531,943
Spent on programs
82%
Reserves
13.5 months of spending
Largest source of income
donations and private grants, 73%
Employees
7

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 66% of charities in its peer group (mental health, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.5 months of spending.

  • Debt

    16 of 20

    It owes 16% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 8% of income.

  • Income trend

    0 of 15

    Income fell 61% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 97 out of 100. Higher than 91% of charities in its peer group (mental health, $250k to $1m).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $436,460 spent. FAMILY PROMISE OF YELLOWSTONE VALLEY (FPYV) HELPS HOMELESS FAMILIES ACHIEVE AND SUSTAIN INDEPENDENCE THROUGH A COMMUNITY RESPONSE TO HOMELESSNESS. WE ACCOMPLISH THIS THROUGH OUR EMERGENCY SHELTER, TRANSITIONAL HOUSING, THE AFTER CARE PROGRAM, THE WRAP AROUND AND BREAK THE CYCLE OF POVERTY PROGRAM, AND 30 CONGREGATIONS THAT UNITE TO EMPOWER THE HOMELESS. (SEE SCHEDULE O) THE WRAP AROUND AND BREAK THE CYCLE OF POVERTY PROGRAM FOCUSES ON THE SUCCSS OF THE HOMELESS FAMILY AS A WHOLE AND WE HAVE SEEN TREMENDOUS RESULTS INCREASING OUR SUCCESS RATES FOR THE FAMILIES WE SERVE. OVER THE LAST 18 YEARS, FPYV HAS LEARNED THAT SIMPLY PROVIDING A HOMELESS FAMILY WITH SHELTER IS NOT A SUSTAINABLE SOLUTION TO A MUCH LARGER UNDERLYING ISSUE. FPYV KNOWS THAT WHEN HOMELESS FAMILIES COME INTO OUR NETWORK, THEY OFTEN ARE LACKING THE LIFE SKILLS AND COPING MECHANISMS TO ACHIEVE LONG TERM SUCCESS. THROUGH THE WRAP AROUND AND BREAK THE CYCLE OF POVERTY PROGRAM, PARENTS AND THEIR CHILDREN IN OUR SHELTER WILL HAVE ACCESS TO SUPPORT FOR AND OUR STAFF WILL ADDRESS EACH OF THE 26 DOMAINS IN THE MATRIX THAT WE COLLOW UPON ENTERING OUR NETWORK. THESE DOMAINS INCLUDE HOUSING, EMPLOYMENT, INCOME, FOOD, CHILDCARE, ADULT EDUCATION, HEALTH CARE COVERAGE, MOBILITY, CLOTHING, COMMUNITY INVOLVEMENT, PARENTING SKILLS, ACCESS TO SERVICES, LIFE SKILLS, LANGUAGE SKILLS, LEGAL ISSUES, FAMILY/SOCIAL RELATIONS, MENTAL HEALTH, PHYSICAL HEALTH, SUBSTANCE ABUSE, FUNCTIONAL ABILITY, CAREER RESILIENCY/TRAINING, SETTING GOALS/RESOURCEFULLNESS, CODEPENDENCY, CURRENT FEELINGS, AND SAFETY. DURING THE INTAKE PROCESS, WE LOOK AT EVERY DOMAIN, SCORING EACH AREA, AND UPON ENTERING OUR NETWORK WE WILL MAKE AN INDIVIDUALIZED PLAN TO ADDRESS THESE NEEDS. EACH DOMAIN IS SUPPLEMENTED BY A SERVICE PROVIDED IN THE WRAP AROUND AND BREAK THE CYCLE OF POVERTY PROGRAM. HOMELESS FAMILIES WILL WORK DILIGENTLY ON OVERCOMING THESE BARRIERS, MOST FAMILIES OVERCOME ISSUES WITH CHILD CARE AND EMPLOYMENT WITHIN THE FIRST 28 DAYS OF ENTERING OUR NETWORK.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

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