Family Promise of Southern Chester County

What it reported doing in 2024

Fpscc provides housing, wholesome food, and basic necessities for families with children experiencing homelessness. The goal of the organization is to move families to self-sufficiency, providing them with services including but not limited to employment assistance, education in budgeting and parenting, as well as family/individual counseling. Once families are in a financial position to move into an apartment, help is provided to find and furnish the new home with everything needed from furniture to dishware to linens. Fpscc stays in touch with our families, supplying holiday gifts, school supplies, and other life necessities. The work of family promise includes three main components, which we employ separately or together depending upon each familys needs: diversion (promise made): aims to prevent families from entering shelter by providing immediate financial assistance and support services to resolve housing crises and maintain stable housing. Promise house: offers shelter and case management services for families experiencing homelessness for up to 120 days in an apartment- like setting, focusing on providing a safe and supportive environment while helping them transition to stable housing. This program offers the regions only emergency shelter for families. At this time, we are able to offer promise house locations to up to eight families at a time, a service for which we always have a waiting list. Stabilization (promise kept): provides ongoing support to families up to one year after securing housing to ensure long-term stability and prevent future crises and incidences of homelessness. Homelessness is a very stressful and traumatic experience. We are proud to have increased capacity for shelter assistance from two promise houses in 2022 to six promise houses in 2024. We served 102 families across all programs and provided 1,279 nights of shelter to families.

Financial Efficiency

• Mission deployment rate: 89.2%; rating input score 89
• Program expense ratio: 83.7%; rating input score 84
• Fundraising efficiency: $14.23 raised per $1 spent on fundraising; rating input score 49; 49th 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; 76th 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; 63rd percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -6.2%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 1.12; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 16.7%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: 13.2% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 8.7% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 13.7% per year; rating input score 100; 69th percentile among comparable filings