Family Promise Of The Main Line
EIN: 232664739 · Norristown, PA · NTEE: P20Z
About Family Promise Of The Main Line
Family Promise Of The Main Line (EIN: 232664739) is a nonprofit organization based in Norristown, PA, classified under NTEE code P20Z. The organization reported total revenue of $407K and total assets of $990K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of The Main Line's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Family Promise Of The Main Line has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Promise Of The Main Line with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Family Promise Of The Main Line showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Family Promise Of The Main Line's revenue has grown by 62.1%, moving from $251K to $407K. Total assets increased by 173.2% over the same period, from $362K to $990K. Total functional expenses rose by 207.8%, from $207K to $636K. In its most recent filing year (2024), Family Promise Of The Main Line reported a deficit of $229K, with expenses exceeding revenue. The organization holds $53K in liabilities against $990K in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $937K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $407K | $636K | $990K | $53K | — | — |
| 2023 | $606K | $492K | $1.2M | $62K | — | View 990 |
| 2022 | $722K | $437K | $1.1M | $25K | — | View 990 |
| 2021 | $598K | $369K | $774K | $8K | — | View 990 |
| 2020 | $443K | $303K | $629K | $72K | — | View 990 |
| 2019 | $275K | $309K | $426K | $8K | — | View 990 |
| 2018 | $156K | $199K | $452K | $0 | — | View 990 |
| 2017 | $185K | $199K | $495K | $0 | — | View 990 |
| 2016 | $152K | $180K | $509K | $0 | — | View 990 |
| 2015 | $296K | $221K | $537K | $0 | — | View 990 |
| 2014 | $223K | $228K | $462K | $0 | — | View 990 |
| 2013 | $317K | $208K | $467K | $0 | — | View 990 |
| 2012 | $251K | $207K | $362K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $407K, expenses of $636K, and assets of $990K (revenue -32.9% year-over-year).
- 2023: Revenue of $606K, expenses of $492K, and assets of $1.2M (revenue -16.1% year-over-year).
- 2022: Revenue of $722K, expenses of $437K, and assets of $1.1M (revenue +20.8% year-over-year).
- 2021: Revenue of $598K, expenses of $369K, and assets of $774K (revenue +35.0% year-over-year).
- 2020: Revenue of $443K, expenses of $303K, and assets of $629K (revenue +61.1% year-over-year).
- 2019: Revenue of $275K, expenses of $309K, and assets of $426K (revenue +76.7% year-over-year).
- 2018: Revenue of $156K, expenses of $199K, and assets of $452K (revenue -15.8% year-over-year).
- 2017: Revenue of $185K, expenses of $199K, and assets of $495K (revenue +21.2% year-over-year).
- 2016: Revenue of $152K, expenses of $180K, and assets of $509K (revenue -48.5% year-over-year).
- 2015: Revenue of $296K, expenses of $221K, and assets of $537K (revenue +32.5% year-over-year).
- 2014: Revenue of $223K, expenses of $228K, and assets of $462K (revenue -29.5% year-over-year).
- 2013: Revenue of $317K, expenses of $208K, and assets of $467K (revenue +26.2% year-over-year).
- 2012: Revenue of $251K, expenses of $207K, and assets of $362K.
Data Sources and Methodology
This transparency report for Family Promise Of The Main Line is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.