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Family Promise of Grayson County Inc

EIN 81-1140179 · Sherman, TX

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

LegitimacyPassesRegistration and standingFinancial healthFair59 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

INTERSECTING FAITH AND COMMUNITY TO EMPOWER GRAYSON COUNTY FAMILIES TO END CHILD HOMELESSNESS.

Income
$260,437
Spending
$381,122
Spent on programs
93%
Reserves
7.1 months of spending
Largest source of income
donations and private grants, 94%
Employees
4
Volunteers
250
Highest pay
$57,780, executive di

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: 59 out of 100. Higher than 58% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.1 months of spending.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 46% of income.

  • Income trend

    0 of 15

    Income fell 53% on the year before.

  • Spending floor

    15 of 15

    93% of spending went to programs and raising each dollar of donations cost 1 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

Fair: 69 out of 100. Higher than 32% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 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

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

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

  • 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 (3)
  1. $352,681 spent. FAMILY PROMISE OF GRAYSON COUNTY (FPGC), IS AN ORGNAIZTION THAT ASSISTS FAMILIES WITH MINOR CHILDREN FACING OR EXPERIENCING HOMELESSNESS. OUR ROTATION PROGRAM, FOR FAMILIES ALREADY EXPERINCEING HOMELESSNESS, PROVIDES SHELTER FOR FAMILIES BY ALLOWING THEM TO STAY IN LOCAL CONGREGATIONS A WEEK OR TWO AT A TIME. FPGC PROVIDES THE BEDS AND TRAINED VOLUNTEERS FROM THE CONGREGATIONS PROVIDE MEALS AND HOSPITALITY. ON AVERAGE 88% OF HTE FAMILIES THAT PARTICIPATE IN THE RATAION PROGRAM FIND STABLE HOUSING. GUESTS WITHOUT JOBS USUALLY FIND THEM OR ENROLL IN SHCOOL TO INCREASE THEIR INCOME POTENTIAL. OUR FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS) PROGRAM AIMS TO KEEP FAMILIES IN THEIR OWN HOMES (AND AVOID THE TRAUMA OF HOMELESSNESS) BY ASSISTING WITH RENT OR UTILITIES AND PROVIDING BUDGETING SKILLS AND CASE MANAGEMENT. OUR TRANSITIONAL HOME (TABITHA HOUSE) IS FOR FAMILIES THAT HAVE "GRADUATED" FROM THE ROTATION PROGRAM AND NEED MORE TIME TO MEET THEIR FINANCIAL GOALS (E.G. SAVING FOR A VEHICLE OR FOR A DOWN PAYMENT ON A HOUSE) FAMILIES PAY THEIR UTILITIES AND A PROGRAM FEE WHILE LIVING THERE. FPGC ENGAGES MAY VOLUNTEERS TO MINISTER IN A LOVING AND CARING WAY FOR FAMILIES IN NEED. FAMILY PROMISE OF GRAYSON COUNTY (FPGC), IS AN ORGNAIZTION THAT ASSISTS FAMILIES WITH MINOR CHILDREN FACING OR EXPERIENCING HOMELESSNESS. OUR ROTATION PROGRAM, FOR FAMILIES ALREADY EXPERINCEING HOMELESSNESS, PROVIDES SHELTER FOR FAMILIES BY ALLOWING THEM TO STAY IN LOCAL CONGREGATIONS A WEEK OR TWO AT A TIME. FPGC PROVIDES THE BEDS AND TRAINED VOLUNTEERS FROM THE CONGREGATIONS PROVIDE MEALS AND HOSPITALITY. ON AVERAGE 88% OF HTE FAMILIES THAT PARTICIPATE IN THE RATAION PROGRAM FIND STABLE HOUSING. GUESTS WITHOUT JOBS USUALLY FIND THEM OR ENROLL IN SHCOOL TO INCREASE THEIR INCOME POTENTIAL. OUR FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS) PROGRAM AIMS TO KEEP FAMILIES IN THEIR OWN HOMES (AND AVOID THE TRAUMA OF HOMELESSNESS) BY ASSISTING WITH RENT OR UTILITIES AND PROVIDING BUDGETING SKILLS AND CASE MANAGEMENT. OUR TRANSITIONAL HOME (TABITHA HOUSE) IS FOR FAMILIES THAT HAVE "GRADUATED" FROM THE ROTATION PROGRAM AND NEED MORE TIME TO MEET THEIR FINANCIAL GOALS (E.G. SAVING FOR A VEHICLE OR FOR A DOWN PAYMENT ON A HOUSE) FAMILIES PAY THEIR UTILITIES AND A PROGRAM FEE WHILE LIVING THERE. FPGC ENGAGES MAY VOLUNTEERS TO MINISTER IN A LOVING AND CARING WAY FOR FAMILIES IN NEED.
  2. OUR PROGRAMS: (1)ROTATION: FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS ARE ALLOWED TO SLEEP IN LOCAL CHURCHES FOR A WEEK OR TWO AT A TIME. WE PROVIDE BEDS AND LOCAL CONGREGATIONS PROVIDE MEALS,SPACE, AND HOSPITALITY. DURING THE DAY, GUESTS CAN COME TO OUR DAY CENTER,WHERE THERE ARE SHOWERS, WASHER AND DRYER, A PLAY AREA, A LIVING ROOM,COMPUTER ACCESS FOR JOB SEARCHES AND ONLINE CLASSES, TRANSPORTATION ASSISTANCE, AND CASH MANAGEMENT SERVICES; (2) FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS): PROVIDES FAMILES WITH RENT AND UTILITY ASSISTANCE IN ORDER TO PREVENT EVICTIONS; AND (3) TABITHA HOUSE: A TRANSITIONAL HOME FOR FAMILIES NEEDING ADDITIONAL TIME TO MEET THEIR FINANCIAL GOALS.
  3. OUR PROGRAMS: (1)ROTATION: FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS ARE ALLOWED TO SLEEP IN LOCAL CHURCHES FOR A WEEK OR TWO AT A TIME. WE PROVIDE BEDS AND LOCAL CONGREGATIONS PROVIDE MEALS,SPACE, AND HOSPITALITY. DURING THE DAY, GUESTS CAN COME TO OUR DAY CENTER,WHERE THERE ARE SHOWERS, WASHER AND DRYER, A PLAY AREA, A LIVING ROOM,COMPUTER ACCESS FOR JOB SEARCHES AND ONLINE CLASSES, TRANSPORTATION ASSISTANCE, AND CASH MANAGEMENT SERVICES; (2) FAMILY HOPE (HOUSING OPPORTUNITIES TO PREVENT EVICTIONS): PROVIDES FAMILES WITH RENT AND UTILITY ASSISTANCE IN ORDER TO PREVENT EVICTIONS; AND (3) TABITHA HOUSE: A TRANSITIONAL HOME FOR FAMILIES NEEDING ADDITIONAL TIME TO MEET THEIR FINANCIAL GOALS.

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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.

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

    Recognized by the IRS since October 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 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.