Family Promise of Martin County Inc

Nonprofit profile at a glance

EIN
823848930
IRS 990 coverage
2021–2025
Forms available
Form 990 2025, Form 990-EZ 2020, Form 990-N 2018
Location
Stuart, FL, USA
Phone
7722669327
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers

Reported finances

Revenue
$692,563
Expenses
$603,858
Assets
$973,477
Liabilities
$6,779

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MADELEINE BOZONE GREENWOOD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MADELEINE BOZONE GREENWOOD (EXECUTIVE DIRECTOR): $81,178 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to help families (full-time martin county working parent(s) and their children) experiencing or facing homelessness achieve sustainable independence through a community-based response.the organization does this first by providing prevention services before families reach a crisis, shelter when homelessness is inevitable, transitional housing and stabilization efforts to help families become and remain independent.while most shelters separate families based upon gender, age, and generational placement, family promise of martin county's focus is on keeping the family together. Not only does this prevent further fiscal and financial strain on the community, but it prevents significant unnecessary trauma on the family.

What it reported doing in 2025

Family promise of martin county inc. Provides shelter, meals, and comprehensive support services to families with children experiencing and at risk of homelessness. Programs for martin county families include: shelter rotation, shelter diversion, husi (help us stay in) eviction prevention/humi (help us move in) rapid rehousing, almost home transitional housing, and stabilization.shelter: shelter and meals are provided through an interfaith hospitality network. The organization coordinates with local churches to provide shelter, providing temporary housing at each church congregation's site. Families in the program rotate between churches.almost home: transitional housing is provided through a master lease program where we pay market rent and place families in apartment units/housing. The families pay a program fee below 30% of their household income (a pay-it-forward" fee to help the next family) while saving and taking classes to qualify for homeownership or return to independent rental housing of their own. In 2025, a total of 12 apartments and one house were available for the almost home program.home sharing: the oprganization matches families for home sharing when single parents cannot make it on their own or when a retired senior and a family cannot make it on one income.shelter diversion: the organization mediates with family/friends that are allowing the local foster families to foster the pets of families experiencing homelessness. Pets are well cared for and loved while our families work through their goals to move from shelter/transitional housing to home ownership or return to independent rental housing.promise to keep families together: family promise of martin county is the only shelter program in martin county, fl that houses dual parenting families, single fathers, single mothers, grandparents that have custody of their grandchildren, etc. We do not deny boys over age 12 to remain with their family in shelter. All families are required to attend weekly case management, budgeting, future financial planning training and a host of educational programs.tiny home villages: the organization is in the process of completing a tiny home village on church property to respond to the need for transitional housing. Tiny home cottages will accomodate families of 4 or less in a partnership program with a local church congregation with surplus land. A handbook is being created to share the process with other congregations and non-profit organizations.highlights and statistics for 2025 include as follows: our programs served over 462 children and 292 families.our almost home transitional housing program grew to 13 apartments/homes offering a bridge from crisis to stability for 15 more families.we helped 49 families with 111 children stay in their homes or rehouse rapidly.training and resources were provided to one family to purchase their first home.our teen program equipped young people with budgeting and job skills.our night programs gave parents tools for career growth in financial planning and homeownership readiness.we continue to match the few families willing to share housing.with the support of a dedicated church partner, our tiny home program has five homes in place.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 94
  • Accountability: 83
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.4%; rating input score 74
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $14.36 raised per $1 spent on fundraising; rating input score 46; 46th 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: 87.5%; rating input score 88; 24th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.8%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 1.61; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 13.4%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 27.8% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 34.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 38.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 74.4% of revenue deployed · 85% of spending went to programs
  • Governance: 7 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $513K in reported program spending
  • Leadership: top reported pay $81K · 8 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.