Family Promise of South Sarasota County Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE HOUSING SUPPORT TO CHILDREN AND THEIR FAMILIES IN SOUTH SARASOTA COUNTY.
- Income
- $1.9 million
- Spending
- $1.0 million
- Spent on programs
- 90%
- Reserves
- 1 months of spending
- Largest source of income
- donations and private grants, 88%
- Employees
- 6
- Volunteers
- 1,200
- Highest pay
- $114,808, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 38% of charities in its peer group (human services, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.0 months of spending.
Debt
20 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 46% of income.
Income trend
5 of 15Income fell 24% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 60% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 2513 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, 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 (5)
- $257,839 spent. BRIDGE HOUSING - COMBINES A VOLUNTERR NETWORK OF LOCAL HOST CONGREGATIONS FOR MEALS AND OVERNIGHT SHELTER ALONG WITH USE OF THE DAY CENTER FOR A PERMANENT ADDRESS, TRAINING AND CASE MANAGEMENT SERVICES. KEEPING THE PROMISE IS A POST-SHELTERPROGRAM OFFERING CONTINUING CASE MANGAGEMENT AND SUPPORT WITH THE PROGRAM GOAL OF PLACING THEM IN PERMANENT HOUSEING. HELP WITH FINDING EMPLOYMENT IS ALSO PART OF THIS PROCESS.
- $251,253 spent. OPEN DOORS - PROVIDES INITAL CONTACT WITH HOMELESS (AND/OR AT-RISK OF HOMELESSNESS FAMILIES) WITH CHILDREN; ACTIVITIES INCLUDE HOMELESS PREVENTION, DIVERSION, ACUITY OF NEED SCREENING, COORDINATED ENTRY, MOVE-IN FUNDING AND REFERRALS OR OTHER NEEDED SERVICES. CASE MANAGEMENT IS ALSO PROVIDED TO ASSIST FAMILIES WITH HOUSING/SHELTER.
- $197,510 spent. PATHWAYS HOME - DESIGNED TO HELP FAMILIES MAINTAIN STABLE HOUSING WHILE BUILDING LONG-TERM SELF-SUFFICIENCY THROUGH RENT SUBSIDIES. FAMILY PROMISE OF SOUTH SARASOTA COUNTY, INC. WILL PROVIDE PARTIAL RENT SUBSIDIES, ALONG WITH OPTIONAL SUPPORTIVE SERVICES, TO SUPPORT FAMILIES AS THEY WORK TOWARD FINANCIAL STABILITY.
- $195,866 spent. SUSTAINABLE HOUSING - PROVIDING AFFORDABLE HOUSING FOR THE LOCAL WORKFORCE.
- SUSTAINABLE HOUSING - PROVIDING AFFORDABLE HOUSING 195866. 0. 80174.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.