Civic Intelligence

Beta Foster Care

990 • Fiscal year 2015 • EIN 33-0311770

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

23276 South Pointe DrLaguna Hills, CA 92653

(949) 600-7722

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$272,038

Down $2,422 (-0.9%) from 2014

Net Assets

Up

$173,446

Up $1,761 (+1.0%) from 2014

Liabilities

Down

$98,592

Down $4,183 (-4.1%) from 2014

Revenue And Expenses

Revenue

Down

$470,615

Down $104,873 (-18%) from 2014

Expenses

Down

$468,854

Down $30,872 (-6.2%) from 2014

Net Income

Down

$1,761

Down $74,001 (-98%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $94,681Liabilities 2010: $136,206Net Assets 2010: -$41,5252010Assets 2011: $119,128Liabilities 2011: $129,086Net Assets 2011: -$9,9582011Assets 2012: $144,737Liabilities 2012: $125,082Net Assets 2012: $19,6552012Assets 2013: $213,980Liabilities 2013: $116,750Net Assets 2013: $97,2302013Assets 2014: $274,460Liabilities 2014: $102,775Net Assets 2014: $171,6852014Assets 2015: $272,038Liabilities 2015: $98,592Net Assets 2015: $173,4462015Assets 2015: $272,085Liabilities 2015: $98,619Net Assets 2015: $173,4662015Assets 2016: $275,812Liabilities 2016: $93,791Net Assets 2016: $182,0212016Assets 2018: $316,657Liabilities 2018: $75,332Net Assets 2018: $241,3252018Assets 2019: $357,805Liabilities 2019: $65,638Net Assets 2019: $292,1672019Assets 2020: $397,079Liabilities 2020: $55,486Net Assets 2020: $341,5932020Assets 2021: $747,390Liabilities 2021: $34,817Net Assets 2021: $712,5732021Assets 2022: $577,752Liabilities 2022: $28,520Net Assets 2022: $549,2322022Assets 2023: $793,509Liabilities 2023: $31,804Net Assets 2023: $761,7052023Assets 2024: $871,844Liabilities 2024: $77,391Net Assets 2024: $794,4532024

Highlighted filing

2015

Assets$272,038
Liabilities$98,592
Net Assets$173,446

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $455,1202010Expenses 2011: $416,1982011Expenses 2012: $479,1622012Revenue 2013: $626,206Expenses 2013: $549,473Net Income 2013: $76,7332013Revenue 2014: $575,488Expenses 2014: $499,726Net Income 2014: $75,7622014Revenue 2015: $470,615Expenses 2015: $468,854Net Income 2015: $1,7612015Revenue 2015: $470,635Expenses 2015: $468,854Net Income 2015: $1,7812015Revenue 2016: $495,688Expenses 2016: $487,133Net Income 2016: $8,5552016Revenue 2018: $601,302Expenses 2018: $568,800Net Income 2018: $32,5022018Revenue 2019: $627,747Expenses 2019: $576,988Net Income 2019: $50,7592019Revenue 2020: $621,850Expenses 2020: $572,424Net Income 2020: $49,4262020Revenue 2021: $898,210Expenses 2021: $569,007Net Income 2021: $329,2032021Revenue 2022: $457,041Expenses 2022: $539,394Net Income 2022: -$82,3532022Revenue 2023: $757,189Expenses 2023: $651,136Net Income 2023: $106,0532023Revenue 2024: $549,267Expenses 2024: $516,519Net Income 2024: $32,7482024

Highlighted filing

2015

Revenue$470,615
Expenses$468,854
Net Income$1,761
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$476,825
Mission and Program Overview

Mission

Provide private foster family placement for children who have been removed from their parents' custody due to abuse and neglect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$224,423$224,976▲ $553
Savings and Temporary Cash Investments$37,958$30,766▼ $7,192
Land, Buildings, and Equipment, Net$5,077$6,653▲ $1,576
Prepaid Expenses and Deferred Charges$3,698$5,753▲ $2,055
Accounts Receivable$2,104$2,689▲ $585
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$274,460$272,038▼ $2,422
Other Assets Total$1,200$1,201▲ $1
Liabilities
Other Liabilities$79,055$75,186▼ $3,869
Accounts Payable and Accrued Expenses$23,720$23,406▼ $314
Total Liabilities$102,775$98,592▼ $4,183
Net Assets / Fund Balance
Unrestricted Net Assets$171,685$173,446▲ $1,761
Total Net Assets Fund Balance$171,685$173,446▲ $1,761
Total Liabilities and Net Assets / Fund Balance$274,460$272,038▼ $2,422

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,944$61,722$65,666
Other Land Buildings-$14,967$14,967
Leasehold Improvements$2,709$541$3,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Craig ZacutoSocial WorkerFT$79,616$79,616
Craig ZacutoExecutive DirectorPT$21,484$21,484

Board Members and Trustees

NameTitle
Michael EsteyPresident
Kim LindholmBoard Member
Terry EsteyBoard Member
Adam ZacutoCFO
Stacie HendersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$29,278
Program Service Revenue
$395,162
Investment Income
$105
Other Revenue
$46,070
All Other Contributions
$29,278
Change in Net Assets
$1,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$470,615
Total Revenue per Audited Statements
$470,615
Total Revenue per Form 990
$470,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,820
Salaries, Compensation, and Employee Benefits$202,034
Total Fundraising Expense$13,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$79,616$11,374$10,110$101,100
Other Salaries and Wages$84,812-$602$85,414
Occupancy$15,598$1,733-$17,331
Insurance$12,505$2,873$111$15,489
Payroll Taxes$12,541$1,063$677$14,281
Fees for Services Accounting$5,826$1,456$900$8,182
All Other Expenses$4,566$1,496$174$6,236
Interest-$6,017-$6,017
Other Expenses$2,374$594$469$2,968
Depreciation Depletion$1,076$269-$1,345
Other Employee Benefits$991$248-$1,239
Advertising$420--$420
Total Functional Expenses$428,265$27,546$13,043$468,854

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$468,854
Total Expenses per Audited Statements$468,854
Total Expenses per Form 990$468,854
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,858
Fundraising Direct Expenses$6,210
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Beta Foster Care Awards$51,858$51,858$1,234$50,624
Total Events$51,858$51,858$6,210$45,648
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Business Line$75,186
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The names of our Advisory Board and Associate Board memebers are disclosed on our website - www.betafostercare.org. Two board members are related to each others. All documents are available for public inspection upon request.

Form 990, Part VI, Line 11B: Form 990 Review Process

Executive Officer reviewed and signed form 990. The return then will be submitted to the board of directors for final approval.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Executive Director would present recommendations and open discussion with the Board of Directors. The Board would give final approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Our financial statements and the names of our directors along with their personal profiles are disclosed on our website - www.Betafostercare.org. All documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Beta Foster Care
EIN
33-0311770
Phone
9496007722
Address
23276 South Pointe Dr, Laguna Hills, CA 92653

Signing Officer

Name
Craig Zacuto
Title
Executive Director
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
9

Preparer

Firm
Pectel Inc
Address
6 Liberty Suite B-150, Aliso Viejo, CA 92656
Preparer
Michael Q Nguyen CPA inactive
Phone
9494251566
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Part III-Line 4(a): STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS - BETA FOSTER CAREJANUARY - DECEMBER 2015 : PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2015 PROGRAM SERVICESPRIMARY EXEMPT PURPOSES: Beta Foster Care was incorporated on 07/21/88 for the purpose of providing services that prevent cruelty to children. The program described below achieved this purpose in the above reporting period.FOSTER CARE PROGRAM: Beta Foster Care placed 25 new children into agency certified homes 2015. While in placement there children received residential child care services, weekly mental health services (if 5 years of age and older) for the first 90 days of placement-then every other week thereafter. These children also received weekly social services with the goal of natural/biological parent Family Reunification, or to be discharged out of foster care into Permanent Placement (Adoption or Guardianship). These case plan goals are determined by the county placement agencies that contract with Beta Foster Care, on a per child basis, for foster care services. Beta Foster Care is under contract with Orange County Social Services Agency to provide foster care services. Beta Foster Care may receive placement of foster youth from Los Angeles County of Children and Family Services as well, per county administrative approval of agencies not under contract. During the reporting period, Beta Foster Care discharged 24 children from this program to be reunited with natural parents or be permanently placed.On 12/31/2015 Beta Foster Care had in foster care placement 19 children.During the reporting period, Beta Foster Care recruited, screened, trained, and then certified 4 new foster families. The total number of foster families under certification on 12/31/2015 was 15.Reporting Period Expenses: $428,265

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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0The Beta Foster Care Awards
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Part III-Line 4(a): STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS - BETA FOSTER CAREJANUARY - DECEMBER 2015 : PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2015 PROGRAM SERVICESPRIMARY EXEMPT PURPOSES: Beta Foster Care was incorporated on 07/21/88 for the purpose of providing services that prevent cruelty to children. The program described below achieved this purpose in the above reporting period.FOSTER CARE PROGRAM: Beta Foster Care placed 25 new children into agency certified homes 2015. While in placement there children received residential child care services, weekly mental health services (if 5 years of age and older) for the first 90 days of placement-then every other week thereafter. These children also received weekly social services with the goal of natural/biological parent Family Reunification, or to be discharged out of foster care into Permanent Placement (Adoption or Guardianship). These case plan goals are determined by the county placement agencies that contract with Beta Foster Care, on a per child basis, for foster care services. Beta Foster Care is under contract with Orange County Social Services Agency to provide foster care services. Beta Foster Care may receive placement of foster youth from Los Angeles County of Children and Family Services as well, per county administrative approval of agencies not under contract. During the reporting period, Beta Foster Care discharged 24 children from this program to be reunited with natural parents or be permanently placed.On 12/31/2015 Beta Foster Care had in foster care placement 19 children.During the reporting period, Beta Foster Care recruited, screened, trained, and then certified 4 new foster families. The total number of foster families under certification on 12/31/2015 was 15.Reporting Period Expenses: $428,265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The names of our Advisory Board and Associate Board memebers are disclosed on our website - www.betafostercare.org. Two board members are related to each others. All documents are available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive Officer reviewed and signed form 990. The return then will be submitted to the board of directors for final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director would present recommendations and open discussion with the Board of Directors. The Board would give final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Our financial statements and the names of our directors along with their personal profiles are disclosed on our website - www.Betafostercare.org. All documents are available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.72$0.77$7.94$5.49$5.17$0.33
2023Detailed filing. Detailed filing data is available for this year.$7.94$0.32$7.62$7.57$6.51$1.06
2022Detailed filing. Detailed filing data is available for this year.$5.78$0.29$5.49$4.57$5.39$0.82
2021Detailed filing. Detailed filing data is available for this year.$7.47$0.35$7.13$8.98$5.69$3.29
2020Detailed filing. Detailed filing data is available for this year.$3.97$0.55$3.42$6.22$5.72$0.49
2019Detailed filing. Detailed filing data is available for this year.$3.58$0.66$2.92$6.28$5.77$0.51
2018Detailed filing. Detailed filing data is available for this year.$3.17$0.75$2.41$6.01$5.69$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.94$1.82$4.96$4.87$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.99$1.73$4.71$4.69$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.99$1.73$4.71$4.69$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.74$1.03$1.72$5.75$5.00$0.76
2013Detailed filing. Detailed filing data is available for this year.$2.14$1.17$0.97$6.26$5.49$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$1.25$0.20$4.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$1.29$0.10$4.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$1.36$0.42$4.55