NonprofitsPassage Home Inc

Housing & Shelter

Passage Home Inc

RALEIGH, NC

Total revenue

$4.4M

Total expenses

$4.9M

Net assets

$944K

Grants received

$1.8M

48 grants

EIN

561765360

Tax year

2023

Mission

To break the cycle of poverty and create multi-generational self-sufficiency.

Financials

FY 2023

Revenue

Contributions & grants$3.6M
Program service revenue$749K
Investment income$2K
Other revenue$18K
Total revenue$4.4M

Expenses

Grants paid$1.6M
Salaries & benefits$1.7M
Fundraising$2K
Other expenses$1.6M
Total expenses$4.9M
Total assets$10.4M
Net assets$944K

People

21 listed

NameRoleCompensation

SETH FRIEDMAN

CEO (THRU 9/8/23)

Board

$95K

40 hrs/wk

YASMIN MORTON

VICE CHAIR

Board

1 hrs/wk

MICHELLE CASSELL

TREASURER

Board

1 hrs/wk

EMMA PAUL

SECRETARY

Board

1 hrs/wk

VICKIE ADAMSON

DIRECTOR

Board

1 hrs/wk

FRED AIKEN

DIRECTOR

Board

1 hrs/wk

SIMON AKHAMIE

DIRECTOR

Board

1 hrs/wk

RUSSELL ALLEN

DIRECTOR

Board

1 hrs/wk

MANOJ BHATIA

DIRECTOR

Board

1 hrs/wk

CORTINA CLARKSON

DIRECTOR

Board

1 hrs/wk

DAQUANTA COPELAND

DIRECTOR

Board

1 hrs/wk

DEMIAN DELLINGER

DIRECTOR

Board

1 hrs/wk

JESSICA GORE

DIRECTOR

Board

1 hrs/wk

WANDA HUNTER

DIRECTOR

Board

1 hrs/wk

MONIKA JOHNSON-HOSTELER

DIRECTOR

Board

1 hrs/wk

JENNIFER LAMPMAN

DIRECTOR

Board

1 hrs/wk

JONATHAN MELTON

DIRECTOR

Board

1 hrs/wk

LATATIOUS MORRIS

DIRECTOR

Board

1 hrs/wk

MOLLY STUART

DIRECTOR

Board

1 hrs/wk

CHRIS FOYLES

CHAIR

Board

1 hrs/wk

CARI BORAM

CEO (AS OF 1/8/24)

Board

40 hrs/wk

Grants received

Showing 48 of 48

FromAmountPurposeYear
$100K
PROGRAM/OPERATING SUPPORT
2023
$56K
FINANCIAL ASSISTANCE CONTRACT
2023
$15K
CHARITABLE DONATION
2023
$4K
Program Support
2023
$100K
PROGRAM/OPERATING SUPPORT
2022
$83K
FINANCIAL ASSISTANCE CONTRACT
2022
$80K
REACH'S PROGRAM CONNECTION
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$25K
GENERAL OPERATING
2022
$20K
CHARITABLE DONATION
2022
$15K
VIBRANT ECONOMIES
2022
$10K
UNRESTRICTED INFLATION SUPPORT GRANT
2022
$5K
COMMUNITY SUPPORT
2022
$3K
Program Support
2022
$100
NONPROFIT CAPACITY BUILDING FOCUS GROUP THANK YOU
2022
$78K
HOUSING ASSISTANCE
2021
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021
$5K
COMMUNITY SUPPORT
2021
$3K
Program Support
2021
$117K
HOUSING ASSISTANCE
2020
$58K
CHALLENGE GRANT FOR GENERAL OPERATING SUPPORT
2020
$56K
FINANCIAL ASSISTANCE CONTRACT
2020
$36K
EASTERN WAKE CHILD DEVELOPMENT PARTNERSHIP
2020
$35K
GENERAL SUPPORT
2020
$35K
GENERAL SUPPORT
2020
$10K
GENERAL OPERATING
2020
$5K
COMMUNITY SUPPORT
2020
$250
GIFT CARDS FOR GRANTEES
2020
$132K
HOUSING ASSISTANCE
2019
$7K
PROGRAM/OPERATING SUPPORT
2018
$6K
For grant recipient's exempt purposes
2018
$50
PROGRAM/OPERATING SUPPORT
2018
$10K
TO SUPPORT LOCAL COMMUNITY & FOSTER GOODWILL.
2017

Funded by

$1.8M from 20 funders · 48 grants · 2017–2024

The Bank of America Charitable Foundation Inc

$327K · 8 grants · 2018–2023

Wake County Continuum Of Care Dba

$327K · 3 grants · 2019–2021

United Way Of The Greater Triangle Inc

$295K · 4 grants · 2019–2023

Wake County Smart Start Inc

$195K · 3 grants · 2020–2023

John Rex Endowment

$126K · 5 grants · 2020–2022

Carolinas Credit Union Foundation

$70K · 2 grants · 2020

The Stewards Fund

$58K · 1 grant · 2020

Details

EIN561765360
NTEE codeL99Z
Subsection03
Ruling date1992-05
Formed1991
Employees37
Volunteers300
PASSAGE HOME INC — Mission, Financials & Grants Received | Grantivo