Family Promise of Tualatin Valley

Nonprofit profile at a glance

EIN
815297091
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
Tigard, OR, USA
Phone
5034272768
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Centers

Reported finances

Revenue
$9,769,289
Expenses
$5,439,362
Assets
$18,889,391
Liabilities
$185,824

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • REBECCA QUINN (President)
  • VERONICA WILLIAMS (Vice President)

Highest reported compensation

  • ROSE MONEY (Executive Dir.): $209,776 total reported compensation
  • MAYRA MENDOZA (INTERIM ED): $98,060 total reported compensation
  • SCOTT TAKEMOTO (INTERIM ED): $97,604 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide families and individuals experiencing homelessness temporary emergency shelter with intensive case management support while they work toward the goal of safe, stable and affordable housing.

What it reported doing in 2024

Founded in 1988, family promise is a nationwide program that is dedicated to serving families with children who are homeless or at risk of homelessness. Local affiliates organize congregations, civic organizations, social service agencies and community members into volunteer coalitions. The family promise of tualatin valley (the organization), an affiliate of the nationwide program, was formed as a separate and independent not-for-profit organization in october, 2016 and opened its doors to serving families experiencing homelessness in march, 2019. Family promise of tualatin valley serves families and adults experiencing houselessness in Washington county. Our extensive network of civic, business and religious organizations help us to provide enrichment activities, life skills trainings, meals, and a supportive community for our guests every day of the year.emergency shelter: fptv provides shelter, case management, food, and housing navigation for folks experiencing homelessness. We work one-on-one with guests to build on their existing strengths and make an individualized plan to achieve sustainable housing. Additionally, while in shelter guests have access to out clothing closet, food pantry and hot meal service, ensuring basic needs are met while families work towards stability. We also provide connections to healthcare, transportation, employment and host onsite enrichment activities for kids. Housing stabilization: for households coming out of an episode of homelessness, this program provides linkages to employment, healthcare and other services to prevent reoccurrence and create longer-term self-sufficiency. These ongoing services assist households to retain their housing and be good tenants and neighbors. This can include tapering households off the financial assistance over time till they are paying 100% of the rent.prevention and diversion: for households facing eviction we have a case manager who provides landlord mediation as well as rental and utility assistance to keep them housed. The cost of a single intervention to keep a family in their home is significantly less than the cost of rehousing them. In addition to the financial cost, housing destabilization can be traumatic for children and adults, negatively impacting both physical and mental health.

Operating model

Revenue model
Grant-funded. 90% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 75
  • Accountability: 90
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.8%; rating input score 51
  • Program expense ratio: 90.6%; rating input score 91
  • Fundraising efficiency: $101.51 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 44.3%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 3.47; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 7.5%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 47.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 52.2% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 63.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 50.8% of revenue deployed · 90.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $4.9M in reported program spending
  • Leadership: top reported pay $210K · 12 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.6M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.