Family Promise of Essex County

What it reported doing in 2025

Housing and stabilization servicesin 2025, fpe's housing programs collectively engaged 514 individuals, including 131 children; because some individuals moved between more than one fpe housing program during the year (e.g., from a rental assistance program into a housing supports program), this figure includes duplicated counts across housing sub-programs and is not an unduplicated count. An additional 255 individuals, including 99 children, participated in stabilization services.fpe walked alongside individuals and families as they transitioned into permanent housing, building the skills and connections needed for lasting independence. Housing activities included: 1) financial aid in the form of security deposits, utility deposits, rental assistance, and move-in assistance; and 2) pre-tenancy case management to assist constituents with housing search, completing applications and lease agreements, and understanding tenant rights and responsibilities. In addition, fpe partnered with the New Jersey department of community affairs and other essex county service providers to administer a nj tenant-based rental assistance (tbra) voucher program. Specifically, fpe case managers provided outreach, program education, and voucher application assistance for 300 sheltered and unsheltered individuals in the city of newark. Those 300 individuals are included in the total of 514 above.once housed, fpe case managers helped families maintain housing stability through budgeting, financial literacy, credit repair, workforce development, and job readiness training, including job search and interviewing skills and workplace protocol seminars. Fpe also provided seminars on landlord/tenant relationships and apartment maintenance, and assistance with childcare and transportation. Stabilization services also included tax preparation services, school supplies, holiday celebrations, summer camp opportunities, and other educational and community-building field trips, as well as parenting, wellness, and nutrition support.

Financial Efficiency

• Mission deployment rate: 93.8%; rating input score 94
• Program expense ratio: 85.1%; rating input score 85
• Fundraising efficiency: $12.2 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -9.9%; rating input score 13; 13th percentile among comparable filings
• Total-asset coverage ratio: 0.84; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.35; rating input score 17; 17th percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings

Growth

• Program expense growth: 9.1% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 8.3% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 9.7% per year; rating input score 100; 54th percentile among comparable filings