Keeping Our Promise Inc

Nonprofit profile at a glance

EIN
851918996
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Rochester, NY, USA
Phone
5857213211
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
International Migration, Refugee Issues

Official website

Reported finances

Revenue
$811,028
Expenses
$778,839
Assets
$808,354
Liabilities
$110,385

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

Leadership & pay

13 people listed

Highest reported compensation

  • ELLEN SMITH (Executive Dir.): $70,074 total reported compensation

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

Overview

Mission

Provides comprehensive resettlement support to afghans and iraqis who served us interests in a war zone, and arrive to monroe county, ny under the federal government's special immigrant visa program to establish permanaent residency.

What it reported doing in 2024

Keeping our promise provides resettlement assistance to afghan and iraqi families relocated to the us under the special immigrant visa program. Assistance includes: finding code-compliant housing; paying rent and a security deposit; furnishing the apartment or house with essentials including new beds; providing food; paying first utility bills. Keeping our promise also pays for driving lessons for sivs to obtain nys drivers license. Our housing goal is to place families in long term stable housing where they will feel comfortable living for at least two or more years. To make rental determination, kop will assess neighborhood demographics including crime rates, ownership, and general upkeep of surrounding housing units. Kop has established working relationship with landlords, who frequently offer positive referrals to other landlords to the benefit of our families. Kop also work on grouping families together in neighborhoods so they may have mutual support of each other. This model allows the families to build relationships and stability after escaping war. Kop volunteers do an initial "first shop," so each family is stocked with 3-5 days of culturally appropriate food upon arrival, and each family receives a gift card to shop at the local halal store, and local grocery stores until they are eligible for snap benefits.the wheels for work program requires a family to contribute or log 100 community service hours while studying or improving their english skills, passing their driving permit test, and then their practical driving test leading to a driver's license, and securing employment. Families frequently state that access to a car has significantly changed their lives leading to better employment outcomes by reducing travel time, providing access to a larger job market, and providing reliable transportation. The idea for this wheels for work program came from a large study of low-income families in 10 cities who participated in two federal housing voucher programs studies (moving to opportunity) conducted by the urban institute, university of Maryland and ucla. The study found that families with a car "were twice as likely to find a job and four times as likely to stay employed."each family receives a cell phone so they can communicate, use google maps for getting around the city and using the bus service before they have a car, and to make medical, school or employment appointments. The phone includes at least one month of phone service when they arrive in rochester.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 94
  • Accountability: 79
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.8%; rating input score 79
  • Program expense ratio: 82.1%; rating input score 82
  • Fundraising efficiency: $38.31 raised per $1 spent on fundraising; rating input score 73; 73rd 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: 4 of 8 controls in place; rating input score 50
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: -3.5% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 35% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 36% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 78.8% of revenue deployed · 82.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $639K in reported program spending
  • Leadership: top reported pay $70K · 13 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.