2023-04-10T13:08:39-05:00 2022-12-31 382184825 HUNGERFORD NICHOLS CPAS ADVISORS 2910 LUCERNE DR SE GRAND RAPIDS MI 49546 990 2022-01-01 383357709 FAMILY PROMISE OF GRAND RAPIDS FAMI 6164755220 516 CHERRY STREET SE GRAND RAPIDS MI 49503 LISA VALK INTERIM CEO 6164755220 2023-03-29 1 LISA VALK 999009999 0 JENNIFER L ROGELL CPA P01291797 6169493200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA VALK 516 CHERRY STREET SE GRAND RAPIDS MI 49503 8069081 0 X WWW.FAMILYPROMISEGR.ORG X 1997 MI THE ORGANIZATION PROVIDES SHELTER, BASIC NEEDS, STABILIZATION SERVICES, AND HOUSING SOLUTIONS TO FAMILIES EXPERIENCING HOMELESSNESS. 12 12 54 2542 0 0 5429567 7905825 0 0 7112 15170 -37179 99594 5399500 8020589 2626401 1726520 0 0 1625850 2305471 0 0 454648 1061122 1871568 5313373 5903559 86127 2117030 3472871 5594471 125514 130084 3347357 5464387 X THE ORGANIZATION PROVIDES HOMELESS PREVENTION SERVICES, EMERGENCY SHELTER AND BASIC NEEDS, HOUSING SOLUTIONS, AND FAMILY AND EARLY CHILDHOOD SERVICES TO FAMILIES IN A HOUSING CRISIS. 0 0 2296164 1387174 14967 EMERGENCY SHELTER - PROVIDES CHILDREN AND THEIR FAMILIES WITH SAFE SHELTER, BASIC NEEDS, AND SUPPORTIVE SERVICES AS THEY SEEK PERMANENT HOUSING. 1207768 36334 PARTNERS IN HOUSING- PROVIDES AFFORDABLE HOUSING TO FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS WITH AN OPPORTUNITY FOR HOME OWNERSHIP. 600277 158737 860 FAMILY AND EARLY CHILDHOOD SERVICES - PROVIDES SUPPORTIVE SERVICES TO FAMILIES NEWLY TRANSITIONED INTO HOUSING TO ENSURE THEY CAN STAY SECURELY HOUSED. 467618 144275 101899 HOUSING - PROVIDES HOUSING SOLUTIONS TO FAMILIES WITH CHILDREN COMING FROM EMERGENCY SHELTER. PREVENTION - PROVIDES SUPPORTIVE SERVICES TO FAMILIES IN A HOUSING CRISIS TO KEEP THEM SAFELY HOUSED OR SECURE NEW HOUSING OPPORTUNITIES. 467618 144275 101899 4571827 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 54 1 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X X AURELIA BOUWHUIS 6164755220 516 CHERRY STREET SE GRAND RAPIDS MI 49503 MICHAEL MOODY DIRECTOR 2.00 X 0 0 0 CRYSTEL IMPERI SECRETARY 5.00 X X 0 0 0 CHRIS HUYGE DIRECTOR 2.00 X 0 0 0 NATHAN TRATHEN TREASURER 5.00 X X 0 0 0 GLENDA WILLIAMS DIRECTOR 2.00 X 0 0 0 LINDA ANDERSON DIRECTOR 5.00 X 0 0 0 BEN TAYLOR DIRECTOR 2.00 X 0 0 0 SARA KNOESTER DIRECTOR 2.00 X 0 0 0 SUSAN STODDARD PRESIDENT 5.00 X X 0 0 0 TENISA FRYE VICE PRESIDENT 5.00 X X 0 0 0 TRENESSA ALLEN DIRECTOR 2.00 X 0 0 0 BRIDGETTE BAKER DIRECTOR 2.00 X 0 0 0 CHERYL SCHUCH EXECUTIVE DIRECTOR 40.00 X 126728 0 11905 126728 0 11905 1 0 0 0 0 579918 193327 3191049 3941531 185919 7905825 15170 15170 98483 0 98483 98483 98483 30360 193327 48492 -18132 -18132 MISCELLANEOUS 900001 19243 19243 19243 8020589 117726 0 -2962 1726520 1726520 138633 41590 55453 41590 1878999 1134987 582748 161264 33027 21615 7597 3815 83318 55475 18711 9132 171494 100295 54160 17039 4612 789 1113 2710 41210 7047 9947 24216 180745 30908 43625 106212 20813 20813 64066 40515 13543 10008 438898 425166 8375 5357 66735 54903 6915 4917 96389 71328 14458 10603 44332 34417 6314 3601 REPAIR & MAINTENANCE 480629 471708 5529 3392 PROGRAM HOUSING COSTS 284450 284450 MISCELLANEOUS 53753 19582 27549 6622 PROFESSIONAL DEVELOPMEN 35536 22710 9562 3264 59400 27822 11485 20093 5903559 4571827 877084 454648 2060884 2607928 575838 1407911 10956 2114180 587071 836149 1527109 0 40567 3472871 5594471 122260 86411 3254 2765 0 40908 125514 130084 X 2495897 3329116 851460 2135271 3347357 5464387 3472871 5594471 2117030 0 X 0 1 X 1 1 1 X 2083459 2672045 5423455 5449939 7936185 23565083 2083459 2672045 5423455 5449939 7936185 23565083 263017 23302066 180 5828 6043 6823 15170 34044 23599127 117726 0.98740 0.90540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 244000 244000 1149221 110607 1038614 501199 320369 180830 113832 101694 12138 105928 54401 51527 1527109 OPERATING LEASE LIABILITY 40908 40908 X 8181606 161017 161017 8020589 0 8020589 6064576 161017 161017 5903559 0 5903559 PART X, LINE 2: THE ORGANIZATION EVALUATES TAX POSITIONS TAKEN ON ITS FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES WHICH REQUIRE THAT TAX POSITIONS TAKEN BE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO SIGNIFICANT UNRECOGNIZED TAX BENEFITS UNDER THAT CRITERIA. PENALTIES AND INTEREST, IF ANY, ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED. DREAMS DINNER 148966 140566 8400 3262 4982 7857 GOLF OUTING 52284 37884 14400 14567 2805 2 22437 14877 7560 600 3341 6510 4568 223687 193327 30360 3862 22890 6510 15230 48492 -18132 1 HOUSING ASSISTANCE AND HOTEL SHELTER 1203 1543602 343935 FAIR MARKET VALUE BASIC NEEDS, FOOD, CLOTHING, AND FURNITURE PART I, LINE 2: FAMILY PROMISE ADHERES TO GAAP. GOVERNMENT FUNDS ARE IDENTIFIED WITHIN THEIR ACCOUNTING SYSTEM, AND RESTRICTED IN USE PER THE GUIDELINES OF THE AWARD. FAMILY PROMISE COMPLETES ALL REQUIRED GOVERNMENT GRANT REPORTING IN A TIMELY MANNER. FUND SPEND DOWN IS MONITORED WITH REVIEW OCCURRING MONTHLY BOTH INTERNALLY AND BY AN OUTSIDE ACCOUNTING PROVIDER. FINANCIAL STATEMENTS ARE AUDITED ANNUALLY. X 116135 FAIR VALUE X 1 3000 FAIR VALUE X 37 61172 FAIR VALUE X IN-KIND OTHER 39 5612 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT LISTING ANY CONFLICTS OF INTEREST. THIS IS MONITORED PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR AND DETERMINES COMPENSATION BASED ON YEARLY PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS COPIES OF THE FINANCIAL STATEMENTS, 990, AND GOVERNING DOCUMENTS AVAILABLE IN THE OFFICE UPON REQUEST.