Charity Search / FAMILY PROMISE OF GRAYSON COUNTY INC
Housing & Shelter (L41) 990 on File

FAMILY PROMISE OF GRAYSON COUNTY INC

EIN: 81-1140179 · SHERMAN, TX 75090-6209 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$260K
Total Revenue
$381K
Total Expenses
$297K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.5%
Fundraising Efficiency N/A
Operating Reserve 9.34x
Liability-to-Asset 20.4%
Revenue Diversification 94.4%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.5% 87.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.1% 11.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.3 mo 13.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
20.4% 25.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
94.4% 91.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
-52.7% 5.0%
P10P90
Expense growth
Year over year expense growth
43.2% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-46.3% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $260K $381K $297K 92.5% 4
2023 $550K $266K $417K 85.2% 3
2022 $389K $372K $236K 93.4% 5
2021 $426K $171K N/A 2
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Organization Details
EIN
81-1140179
State
TX
City
SHERMAN
ZIP
75090-6209
Classification
L41
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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