Civic Intelligence

Beta Foster Care

990 • Fiscal year 2016 • EIN 33-0311770

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

23276 South Pointe DrLaguna Hills, CA 92653

(949) 600-7722

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.34x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.19x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

47th percentile

1.7%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$83,199

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

5.3%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$275,812

Up $3,727 (+1.4%) from 2015

Net Assets

Up

$182,021

Up $8,555 (+4.9%) from 2015

Liabilities

Down

$93,791

Down $4,828 (-4.9%) from 2015

Revenue

Up

$495,688

Up $25,053 (+5.3%) from 2015

Expenses

Up

$487,133

Up $18,279 (+3.9%) from 2015

Net Income

Up

$8,555

Up $6,774 (+380%) from 2015

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: $272,085Liabilities 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

2016

Assets$275,812
Liabilities$93,791
Net Assets$182,021

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: $470,635Expenses 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

2016

Revenue$495,688
Expenses$487,133
Net Income$8,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$504,049
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$224,996$210,290▼ $14,706
Accounts Receivable$2,689$35,382▲ $32,693
Savings and Temporary Cash Investments$30,766$17,023▼ $13,743
Prepaid Expenses and Deferred Charges$5,781$6,374▲ $593
Land, Buildings, and Equipment, Net$6,653$5,543▼ $1,110
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$272,085$275,812▲ $3,727
Other Assets Total$1,200$1,200→ $0
Liabilities
Other Liabilities$75,186$67,522▼ $7,664
Accounts Payable and Accrued Expenses$23,433$26,269▲ $2,836
Total Liabilities$98,619$93,791▼ $4,828
Net Assets / Fund Balance
Unrestricted Net Assets$173,466$182,021▲ $8,555
Total Net Assets Fund Balance$173,466$182,021▲ $8,555
Total Liabilities and Net Assets / Fund Balance$272,085$275,812▲ $3,727

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,918$62,748$65,666
Other Land Buildings-$14,967$14,967
Leasehold Improvements$2,625$625$3,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Craig ZacutoSocial WorkerFT$83,199$83,199
Craig ZacutoExecutive DirectorPT$22,451$22,451

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
$6,159
Program Service Revenue
$421,827
Investment Income
$110
Other Revenue
$67,592
All Other Contributions
$6,159
Change in Net Assets
$8,555

Audited Revenue Reconciliation

Revenue per Audited Statements
$495,688
Total Revenue per Audited Statements
$495,688
Total Revenue per Form 990
$495,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,721
Salaries, Compensation, and Employee Benefits$199,412
Total Fundraising Expense$12,077
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$83,199$11,886$10,565$105,650
Other Salaries and Wages$78,327-$666$78,993
Occupancy-$16,283-$16,283
Insurance$14,681$188$127$14,996
Payroll Taxes$11,936$1,136$719$13,791
All Other Expenses$1,843$8,716-$10,559
Fees for Services Accounting-$7,979-$7,979
Interest-$5,866-$5,866
Other Expenses$4,495$3,966-$3,966
Fees for Services Other-$2,600-$2,600
Depreciation Depletion$1,109--$1,109
Other Employee Benefits-$978-$978
Advertising$420--$420
Total Functional Expenses$410,520$64,536$12,077$487,133

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$487,133
Total Expenses per Audited Statements$487,133
Total Expenses per Form 990$487,133
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,953
Fundraising Direct Expenses$8,361
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Beta Foster Care Awards$75,953$75,953$3,131$72,822
Total Events$75,953$75,953$8,361$67,592
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$67,522
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
2017-11-15
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
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 2016 : PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2016 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 16 new children into agency certified homes 2016. 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 18 children from this program to be reunited with natural parents or be permanently placed.On 12/31/2016 Beta Foster Care had in foster care placement 16 children.During the reporting period, Beta Foster Care recruited, screened, trained, and then certified 3 new foster families. The total number of foster families under certification on 12/31/2016 was 11.Reporting Period Expenses: $410,520

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04938
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IRS990/PayrollTaxesGrp/TotalAmt013791
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05781
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IRS990/ProgramServiceRevenueGrp/Desc1O.C Social Service Agency
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08555
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0427986
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0509505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0571015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0451968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02384934
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0110
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0466
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05411
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt046070
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt065877
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02384934
IRS990ScheduleA/TotalSupportAmt02672004
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt02918
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062748
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065666
IRS990ScheduleD/ExpensesSubtotalAmt0487133
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02625
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0625
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03250
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014967
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014967
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Business Line
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt05543
IRS990ScheduleD/TotalExpensesPerForm990Amt0487133
IRS990ScheduleD/TotalLiabilityAmt067522
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0The Beta Foster Care Awards
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05230
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Part III-Line 4(a): STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS - BETA FOSTER CAREJANUARY - DECEMBER 2016 : PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2016 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 16 new children into agency certified homes 2016. 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 18 children from this program to be reunited with natural parents or be permanently placed.On 12/31/2016 Beta Foster Care had in foster care placement 16 children.During the reporting period, Beta Foster Care recruited, screened, trained, and then certified 3 new foster families. The total number of foster families under certification on 12/31/2016 was 11.Reporting Period Expenses: $410,520
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
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0272085

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
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