Family Promise of the Lower Cape Fear

Nonprofit profile at a glance

EIN
561925967
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Wilmington, NC, USA
Phone
9107694730
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Interfaith Coalitions
Affiliation
Interfaith

Official website

Reported finances

Revenue
$711,118
Expenses
$650,129
Assets
$908,054
Liabilities
$470,701

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

Leadership & pay

14 people listed

Executive titles in this filing

  • TOM BARTH (PRESIDENT)
  • ANGIE HILL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANGIE HILL (EXECUTIVE DIRECTOR): $62,375 total reported compensation

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

Overview

Mission

Family Promise of the Lower Cape Fear transforms the lives of families experiencing homelessness.

What it reported doing in 2025

Family promise of the lower cape fear supports families experiencing housing instability, including domestic violence survivors, to achieve sustainable independence. Established in 1996 with the initial focus of emergency shelter, we responded to the needs of our community and expanded services to also include long-term shelter, eviction prevention, shelter diversion, meals, and financial literacy programming. Our comprehensive approach allows customizable services based on the family's unique needs, challenges, and goals, with the outcome of families regaining their independence and moving into sustainable permanent housing. In 2025, we served 102 families through our programming, including 389 total individuals and 247 children.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.5%; rating input score 77
  • Program expense ratio: 86.1%; rating input score 86
  • Fundraising efficiency: $46.15 raised per $1 spent on fundraising; rating input score 74; 74th 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: Limited
  • 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: 8.6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 76.5% of revenue deployed · 86.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $560K in reported program spending
  • Leadership: top reported pay $62K · 14 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.