Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Fostering Hope Florida Inc
EIN 14-1910661 • 501(c)3 • Clearwater, FL
Profile
The mission of fostering hope florida is to partner with the community in creating a compassionate system of foster care that honors and protects the rights of children.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.62x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Balance Sheet
Assets
Down$95,530
Down $19,538 (-17%) from 2023
Liabilities
Down$154,826
Down $3,113 (-2.0%) from 2023
Net Assets
Down-$59,296
Down $16,425 (-38%) from 2023
Revenue
Down$176,521
Down $8,785 (-4.7%) from 2023
Expenses
Down$192,945
Down $19,379 (-9.1%) from 2023
Net Income
Up-$16,424
Up $10,594 (+39%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $95,530
- Liabilities
- $154,826
- Net assets
- -$59,296
- Revenue
- $176,521
- Expenses
- $192,945
- Net income
- -$16,424
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 21, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $197,752
Mission and Program Overview
Mission
The mission of fostering hope florida is to partner with the community in creating a compassionate system of foster care that honors and protects the rights of children.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $89,164 | $82,883 | ▼ $6,281 |
| Cash and Non-Interest-Bearing Accounts | $23,869 | $6,522 | ▼ $17,347 |
| Total Assets | $115,068 | $95,530 | ▼ $19,538 |
| Other Assets Total | $2,035 | $6,125 | ▲ $4,090 |
| Liabilities | |||
| Other Liabilities | $140,362 | $135,322 | ▼ $5,040 |
| Accounts Payable and Accrued Expenses | $17,577 | $19,504 | ▲ $1,927 |
| Total Liabilities | $157,939 | $154,826 | ▼ $3,113 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-42,871 | $-59,296 | ▼ $16,425 |
| Total Net Assets Fund Balance | $-42,871 | $-59,296 | ▼ $16,425 |
| Total Liabilities and Net Assets / Fund Balance | $115,068 | $95,530 | ▼ $19,538 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $51,683 | $125,117 | $176,800 |
| Land | $31,200 | - | $31,200 |
| Other Land Buildings | - | $9,865 | $9,865 |
| Other Assets Org | $1 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Gloria a West-lawson | President/tr |
| Heather Strassel | Board Member |
| Michael Rivera | Board Member |
| Raquelle Hale | Board Member |
| Richard Nelsen | Board Member |
| Wendy Pikes | Secretary |
| Patricia Hole | Vice Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $167,617
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $8,904
- All Other Contributions
- $128,433
- Change in Net Assets
- $-16,424
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $161,798 |
| Salaries, Compensation, and Employee Benefits | $31,147 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $27,730 | $1,459 | - | $29,189 |
| Occupancy | $25,364 | - | - | $25,364 |
| Fees for Services Accounting | $2,343 | $9,751 | - | $12,094 |
| All Other Expenses | $7,493 | - | - | $7,493 |
| Other Expenses | $6,312 | - | - | $6,312 |
| Depreciation Depletion | $6,280 | - | - | $6,280 |
| Interest | $5,591 | - | - | $5,591 |
| Insurance | $3,246 | - | - | $3,246 |
| Office Expenses | $2,518 | - | - | $2,518 |
| Payroll Taxes | $1,958 | - | - | $1,958 |
| Travel | $1,277 | - | - | $1,277 |
| Advertising | $485 | - | - | $485 |
| Fees for Services Other | $56 | - | - | $56 |
| Total Functional Expenses | $181,735 | $11,210 | $0 | $192,945 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $30,135 |
| Fundraising Direct Expenses | $21,231 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Community Event | $15,385 | $15,385 | $3,332 | $12,053 |
| Fostering Conne | $14,750 | $14,750 | $17,899 | $-3,149 |
| Total Events | $30,135 | $30,135 | $21,231 | $8,904 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Flagship Loans | $116,860 |
| Eidl Grants | $18,462 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“The form 990 will be completed annually and copies will be provided to the entire governing board as well as the president of the organization. Any necessary changes will then be updated on the form. Once all necessary changes are made, it will be signed by the president, dated and submitted by the filing deadline. A copy of the approved form 990 will be provided to all of the officers before the return is filed.”
Form 990, Page 6, Part VI, Line 12C
“On an annual basis, board members are required to disclose any conflicts of interest. In addition, they are made aware of situations which would be considered a conflict of interest. If such a situation arises, the board member would be required to notify the board which would address the concern.”
Form 990, Page 6, Part VI, Line 15A
“Ceo does not receive compensation. Key employee payroll is reviewed an aproved by the board of directors.”
Form 990, Page 6, Part VI, Line 15B
“At this point, no officer or key employees receive compensation.”
Form 990, Page 6, Part VI, Line 19
“The office maintains a copy of their annual 990 tax return. Upon request, the public can request to review the tax return, and any governing documents.”
Filing and Contact Details
Filer
- Filer Name
- Fostering Hope Florida Inc
- EIN
- 14-1910661
- Phone
- 7276885328
- Address
- PO BOX 1632, CLEARWATER, FL 33757-1632
Signing Officer
- Name
- Gloria a West-lawson
- Title
- President/treasurer
- Phone
- 7276885328
- Signed
- 2025-04-21
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Gloria a West-lawson
- Formed
- 2004
- Legal Domicile
- Fl
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 6
- Volunteers
- 85
Preparer
- Firm
- Michael E Steuer CPA Pa
- Address
- 1000 S BELCHER RD STE 7, LARGO, FL 33771-3316
- Preparer
- Michael E Steuer CPA
- Phone
- 7277979000
Supplemental Narrative
Additional Explanations
Form 990, Page 1, Part I, Line 6
“Volunteers assist in activities and projects with children.”
Form 990, Page 2, Part III, Line 4A
“Fostering hope florida, inc.'s approach to improve outcomes for at-risk youth in foster care is to create a system of community-support for foster families and children in foster care. This effort is being pursued through several initiatives: 1) providing community awareness to increase support base and to recruit new foster parents: reached over 1000 people with this campaign. 2) providing free services to children in foster care: served over 300 individuals annually (services include: mentoring, providing necessities: clothing, toiletries, distributing educational material, transportation, providing car seats, beds, toys). 3) operating 3 community supported group homes for children in foster care called hope houses: provided a home for 30 children”
Form 990, Page 2, Part III, Line 4D
“Fostering hope florida, inc.'s approach to improve outcomes for at-risk youth in foster care is to create a system of community-support for foster families and children in foster care. This effort is being pursued through several initiatives: 1) providing community awareness to increase support base and to recruit new foster parents: reached over 1000 people with this campaign. 2) providing free services to children in foster care: served over 300 individuals annually (services include: mentoring,providing necessities: clothing, toiletries, distributing educational material, transportation, providing car seats, beds, toys). 3) operating 3 community supported group homes for children in foster care called hope houses: provided a home for 30 children”
Form 990, Part XI, Line 9
“Reversal of 2019 tax adjustment 0 other 0”
Raw XML Appendix385 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | FOSTERING HOPE FLORIDA, INC.'S APPROACH TO IMPROVE OUTCOMES FOR AT-RISK YOUTH IN FOSTER CARE IS TO CREATE A SYSTEM OF COMMUNITY-SUPPORT FOR FOSTER FAMILIES AND CHILDREN IN FOSTER CARE. THIS EFFORT IS BEING PURSUED THROUGH SEVERAL INITIATIVES: 1) PROVIDING COMMUNITY AWARENESS TO INCREASE SUPPORT BASE AND TO RECRUIT NEW FOSTER PARENTS: REACHED OVER 1000 PEOPLE WITH THIS CAMPAIGN. 2) PROVIDING FREE SERVICES TO CHILDREN IN FOSTER CARE: SERVED OVER 300 INDIVIDUALS ANNUALLY (SERVICES INCLUDE: MENTORING, PROVIDING NECESSITIES: CLOTHING, TOILETRIES, DISTRIBUTING EDUCATIONAL MATERIAL, TRANSPORTATION, PROVIDING CAR SEATS, BEDS, TOYS). 3) OPERATING 3 COMMUNITY SUPPORTED GROUP HOMES FOR CHILDREN IN FOSTER CARE CALLED HOPE HOUSES: PROVIDED A HOME FOR 30 CHILDREN |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | FOSTERING HOPE FLORIDA, INC.'S APPROACH TO IMPROVE OUTCOMES FOR AT-RISK YOUTH IN FOSTER CARE IS TO CREATE A SYSTEM OF COMMUNITY-SUPPORT FOR FOSTER FAMILIES AND CHILDREN IN FOSTER CARE. THIS EFFORT IS BEING PURSUED THROUGH SEVERAL INITIATIVES: 1) PROVIDING COMMUNITY AWARENESS TO INCREASE SUPPORT BASE AND TO RECRUIT NEW FOSTER PARENTS: REACHED OVER 1000 PEOPLE WITH THIS CAMPAIGN. 2) PROVIDING FREE SERVICES TO CHILDREN IN FOSTER CARE: SERVED OVER 300 INDIVIDUALS ANNUALLY (SERVICES INCLUDE: MENTORING,PROVIDING NECESSITIES: CLOTHING, TOILETRIES, DISTRIBUTING EDUCATIONAL MATERIAL, TRANSPORTATION, PROVIDING CAR SEATS, BEDS, TOYS). 3) OPERATING 3 COMMUNITY SUPPORTED GROUP HOMES FOR CHILDREN IN FOSTER CARE CALLED HOPE HOUSES: PROVIDED A HOME FOR 30 CHILDREN |
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| IRS990/PYTotalRevenueAmt | 0 | 185306 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FLAGSHIP LOANS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | EIDL GRANTS |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VOLUNTEERS ASSIST IN ACTIVITIES AND PROJECTS WITH CHILDREN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FOSTERING HOPE FLORIDA, INC.'S APPROACH TO IMPROVE OUTCOMES FOR AT-RISK YOUTH IN FOSTER CARE IS TO CREATE A SYSTEM OF COMMUNITY-SUPPORT FOR FOSTER FAMILIES AND CHILDREN IN FOSTER CARE. THIS EFFORT IS BEING PURSUED THROUGH SEVERAL INITIATIVES: 1) PROVIDING COMMUNITY AWARENESS TO INCREASE SUPPORT BASE AND TO RECRUIT NEW FOSTER PARENTS: REACHED OVER 1000 PEOPLE WITH THIS CAMPAIGN. 2) PROVIDING FREE SERVICES TO CHILDREN IN FOSTER CARE: SERVED OVER 300 INDIVIDUALS ANNUALLY (SERVICES INCLUDE: MENTORING, PROVIDING NECESSITIES: CLOTHING, TOILETRIES, DISTRIBUTING EDUCATIONAL MATERIAL, TRANSPORTATION, PROVIDING CAR SEATS, BEDS, TOYS). 3) OPERATING 3 COMMUNITY SUPPORTED GROUP HOMES FOR CHILDREN IN FOSTER CARE CALLED HOPE HOUSES: PROVIDED A HOME FOR 30 CHILDREN |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FOSTERING HOPE FLORIDA, INC.'S APPROACH TO IMPROVE OUTCOMES FOR AT-RISK YOUTH IN FOSTER CARE IS TO CREATE A SYSTEM OF COMMUNITY-SUPPORT FOR FOSTER FAMILIES AND CHILDREN IN FOSTER CARE. THIS EFFORT IS BEING PURSUED THROUGH SEVERAL INITIATIVES: 1) PROVIDING COMMUNITY AWARENESS TO INCREASE SUPPORT BASE AND TO RECRUIT NEW FOSTER PARENTS: REACHED OVER 1000 PEOPLE WITH THIS CAMPAIGN. 2) PROVIDING FREE SERVICES TO CHILDREN IN FOSTER CARE: SERVED OVER 300 INDIVIDUALS ANNUALLY (SERVICES INCLUDE: MENTORING,PROVIDING NECESSITIES: CLOTHING, TOILETRIES, DISTRIBUTING EDUCATIONAL MATERIAL, TRANSPORTATION, PROVIDING CAR SEATS, BEDS, TOYS). 3) OPERATING 3 COMMUNITY SUPPORTED GROUP HOMES FOR CHILDREN IN FOSTER CARE CALLED HOPE HOUSES: PROVIDED A HOME FOR 30 CHILDREN |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ON AN ANNUAL BASIS, BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. IN ADDITION, THEY ARE MADE AWARE OF SITUATIONS WHICH WOULD BE CONSIDERED A CONFLICT OF INTEREST. IF SUCH A SITUATION ARISES, THE BOARD MEMBER WOULD BE REQUIRED TO NOTIFY THE BOARD WHICH WOULD ADDRESS THE CONCERN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CEO DOES NOT RECEIVE COMPENSATION. KEY EMPLOYEE PAYROLL IS REVIEWED AN APROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AT THIS POINT, NO OFFICER OR KEY EMPLOYEES RECEIVE COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE OFFICE MAINTAINS A COPY OF THEIR ANNUAL 990 TAX RETURN. UPON REQUEST, THE PUBLIC CAN REQUEST TO REVIEW THE TAX RETURN, AND ANY GOVERNING DOCUMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | REVERSAL OF 2019 TAX ADJUSTMENT 0 OTHER 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
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| IRS990/USAddress/AddressLine1Txt | 0 | 5337 RAY DRIVE |
| IRS990/USAddress/CityNm | 0 | WEEKI WACHEE |
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| IRS990/WebsiteAddressTxt | 0 | WWW.FOSTERINGHOPEFLORIDA.COM |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GLORIA A WEST-LAWSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7276885328 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FOSTERING HOPE FLORIDA INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOST |
| ReturnHeader/Filer/EIN | 0 | 141910661 |
| ReturnHeader/Filer/PhoneNum | 0 | 7276885328 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 1632 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLEARWATER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 337571632 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 593761272 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MICHAEL E STEUER CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1000 S BELCHER RD STE 7 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LARGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 337713316 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7277979000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL E STEUER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-08-08T14:32:38-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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