Family Promise of Forsyth County Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF FAMILY PROMISE OF FORSYTH COUNTY IS TO EMPOWER AND ASSIST FAMILIES EXPERIENCING OR FACING HOMELESSNESS OR HOUSING INSECURITY TO ACHIEVE LONG-TERM STABILITY THROUGH A COMMUNITY-BASED RESPONSE. OUR CORE VALUES OF ENGAGING OUR COMMUNITY, BEING IMPACTFUL, UTILIZING WISE STEWARDSHIP, TREATING INDIVIDUALS WITH RESPECT AND DIGNITY, AND BEING UNIQUE DIRECT OUR FOCUS AND THE DIRECTION OF THE WAY WE SERVE OUR COMMUNITY.
- Income
- $616,235
- Spending
- $441,737
- Spent on programs
- 87%
- Reserves
- -10.3 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 5
- Volunteers
- 725
- Highest pay
- $75,199, executive director
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
Fair: 55 out of 100. Higher than 23% of charities in its peer group (human services, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 45% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 3 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: 92 out of 100. Higher than 86% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 2512 of 12 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
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
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, 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 (4)
- $201,406 spent. GENERAL PROGRAM - AIMS TO EMPOWER AND ASSIST FAMILIES EXPERIENCING OR FACING HOMELESSNESS OR HOUSING INSECURITY TO ACHIEVE LONG-TERM STABILITY THROUGH A COMMUNITY-BASED RESPONSE.
- $91,910 spent. ROTATIONAL RESIDENTIAL PROGRAM - OUR RESIDENTIAL PROGRAM OFFERS FAMILIES A SAFE PLACE TO STAY, MEALS AND OTHER BASIC NEEDS, WITHOUT COST, IN ORDER TO SAVE TOWARD THEIR OWN PLACE WHILE GAINING SKILLS AND HABITS NEEDED FOR SUSTAINABLE INDEPENDENCE.
- $70,547 spent. COMMUNITY BASED SERVICES - OUR PREVENTION, DIVERSION, AND STABILIZATION PROGRAMS ARE DESIGNED TO MEET FAMILIES WHERE THEY ARE, ASSESSING THEIR NEEDS TO PREVENT THE NECESSITY OF SHELTER PLACEMENT. THIS SUPPORT RANGES FROM SIMPLE ASSISTANCE WITH NAVIGATING AVAILABLE RESOURCES OR APPLYING FOR BENEFITS TO COMPREHENSIVE CASE MANAGEMENT THAT CREATES A PLAN FOR ACHIEVING SUSTAINABLE INDEPENDENCE. ADDITIONALLY, WE OFFER ONGOING SUPPORT AND RESOURCES TO PROGRAM GRADUATES TO HELP THEM MAINTAIN STABILITY. THANKS TO OUR INCREDIBLE PARTNERSHIPS, WE CAN PROVIDE ESSENTIAL ITEMS SUCH AS CLOTHING, BIRTHDAY PACKS, BACK-TO-SCHOOL CLOTHES, PAJAMAS, AND MORE. THESE ITEMS ARE DISTRIBUTED ON A ONE-ON-ONE BASIS, AT COMMUNITY OR PARTNER EVENTS, AND DURING OUR FAMILY RESOURCE FESTIVALS.
- $18,907 spent. OTHER
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
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 2024.
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 December 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.