Civic Intelligence

Child Welfare Innovation Inc

EIN 38-4011253 • 501(c)3 • Dorchester, MA

Profile

Foster America aims to improve the lives of America's most vulenerable children; those in foster care or at risk of entering the system. We are developing a pipeline a leaders and innovators and building a movement to transform the child welfare system.

PO Box 220080Dorchester, MA 02122

www.foster-america.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$161,996

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

92nd percentile

49%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

37%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,866,569

Up $3,913,145 (+49%) from 2023

Liabilities

Up

$347,582

Up $240,766 (+225%) from 2023

Net Assets

Up

$11,518,987

Up $3,672,379 (+47%) from 2023

Revenue

Up

$10,223,576

Up $2,740,085 (+37%) from 2023

Expenses

Up

$6,551,197

Up $2,857,851 (+77%) from 2023

Net Income

Down

$3,672,379

Down $117,766 (-3.1%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2016: $1Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1Liabilities 2017: $0Net Assets 2017: $02017Assets 2020: $4,944,046Liabilities 2020: $98,570Net Assets 2020: $4,845,4762020Assets 2021: $5,352,171Liabilities 2021: $776,827Net Assets 2021: $4,575,3442021Assets 2022: $4,176,852Liabilities 2022: $120,389Net Assets 2022: $4,056,4632022Assets 2023: $7,953,424Liabilities 2023: $106,816Net Assets 2023: $7,846,6082023Assets 2024: $11,866,569Liabilities 2024: $347,582Net Assets 2024: $11,518,9872024

Highlighted filing

2024

Assets$11,866,569
Liabilities$347,582
Net Assets$11,518,987

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2020: $7,888,372Expenses 2020: $3,348,420Net Income 2020: $4,539,9522020Revenue 2021: $3,873,893Expenses 2021: $4,144,025Net Income 2021: -$270,1322021Revenue 2022: $3,463,838Expenses 2022: $3,941,437Net Income 2022: -$477,5992022Revenue 2023: $7,483,491Expenses 2023: $3,693,346Net Income 2023: $3,790,1452023Revenue 2024: $10,223,576Expenses 2024: $6,551,197Net Income 2024: $3,672,3792024

Highlighted filing

2024

Revenue$10,223,576
Expenses$6,551,197
Net Income$3,672,379

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$3,463,838
Mission and Program Overview

Mission

To help in the aid and support of children.

Developing a pipeline of leaders and innovators and building a movement to transform the child welfare system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,757,225$1,588,150▼ $1,169,075
Savings and Temporary Cash Investments$1,411,949$1,403,723▼ $8,226
Pledges and Grants Receivable$937,408$1,070,850▲ $133,442
Intangible Assets$140,620$99,338▼ $41,282
Accounts Receivable$94,728$0▼ $94,728
Prepaid Expenses and Deferred Charges$10,241$14,791▲ $4,550
Total Assets$5,352,171$4,176,852▼ $1,175,319
Liabilities
Other Liabilities$533,300$0▼ $533,300
Accounts Payable and Accrued Expenses$243,527$120,389▼ $123,138
Total Liabilities$776,827$120,389▼ $656,438
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,663,705$2,769,532▲ $105,827
Net Assets With Donor Restrictions$1,911,639$1,286,931▼ $624,708
Total Net Assets Fund Balance$4,575,344$4,056,463▼ $518,881
Total Liabilities and Net Assets / Fund Balance$5,352,171$4,176,852▼ $1,175,319
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marie Zemler WuExecutive DirectorFT$145,021$16,975$161,996
Rosalie SchachterDirector of Dev. & CommunicationsFT$105,613$35,902$141,515
Shannon L ScottDirector of Learning & LeadershipFT$120,826$15,628$136,454
Julian JohnsonSenior FellowFT$119,649$6,298$125,947
Mathangi SwaminathanSenior FellowFT$110,092$15,075$125,167
Madel LealTFSC Senior Project ManagerFT$103,550$16,435$119,985
Anjelica Hardin HallVP of TalentFT$32,633$2,306$34,939
Michael RussomVP of Finance and OperationsFT$19,810$3,393$23,203

Board Members and Trustees

NameTitle
Susan NotkinChair, Secretary
Allegra Lawrence-HardyDirector
Daniel StephensDirector
David SandersDirector
Jermeen ShermanDirector
Jolie BalesDirector
Lola AdedokunDirector
Sandra Gasca-GonzalesDirector
Rafael LopezPast Director
Peter TreadwayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Spark Learning for Organizations LLCConsulting Services202 Faro Avenue, Davis, CA 95616$145,775
Venture Leadership ConsultingConsulting Services650 Castro St Ste 120 266, Mountain View, CA 94041$144,021
Bdo USA LLCAccounting Services100 Park Avenue, New York, NY 10017$102,040
Revenue and Support

Revenue Composition

Contributions and Grants
$3,278,066
Program Service Revenue
$208,438
Investment Income
$2,500
Other Revenue
$-25,166
All Other Contributions
$2,737,374
Change in Net Assets
$-477,599

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,426,119
Revenue Not Reported on Financial Statements
$37,719
Revenue Not Reported on Form 990
$-41,282
Other Revenue Adjustments
$37,719
Total Revenue per Audited Statements
$3,384,837
Total Revenue per Form 990
$3,463,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,319,592
Other Expenses$1,621,845
Total Fundraising Expense$300,739
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,379,644$173,300$136,860$1,689,804
Fees for Services Other$447,257$574,975$75,643$1,097,875
Current Officers, Directors, Trustees, and Key Employees$60,749$118,891$40,498$220,138
Other Employee Benefits$152,887$21,920$16,466$191,273
Travel$146,398$18,868$5,613$170,879
Payroll Taxes$113,204$22,113$13,666$148,983
Fees for Services Accounting-$122,667-$122,667
Pension Plan Contributions$56,041$8,071$5,282$69,394
Conferences and Meetings$43,276$16,363$703$60,342
Office Expenses$33,899$22,969$2,364$59,232
Other Expenses$43,488$3,910$402$47,800
Information Technology$17,518$11,870$1,222$30,610
Insurance$7,824$5,302$546$13,672
Fees for Services Legal$1,391$6,934$1,101$9,426
Interest$4,230$2,867$295$7,392
Occupancy$1,116$756$78$1,950
Total Functional Expenses$2,508,922$1,131,776$300,739$3,941,437

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,941,437
Expenses per Audited Statements$3,903,718
Total Expenses per Audited Statements$3,903,718
Expenses Not Reported on Financial Statements$37,719
Other Expense Adjustments$37,719
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section B, line 11B

Form 990 is prepared by an independent public accounting firm who submits it to the governing body for review and sign off.

Form 990, Part VI, Section B, line 12C

Board members review the conflict of interest policy annually, complete a form listing their employment, board, and other major relationships with other entities, and sign the form. During every board vote, board members are asked to abstain from voting if they might have a conflict of interest with the topic under discussion. We count and document abstentions for every board vote.

Form 990, Part VI, Section B, line 15

During 2022, the Organization engaged the services of Edgility, an independent HR and compensation consultant, to design organizational compensation policies. This strategic partnership was established to ensure compensation practices align with industry standards and best practices. Edgility's expertise has been instrumental in developing compensation policies and establishing a robust and fair compensation determination process. Edgility helped to define the Organization's compensation philosophy and implement a structure that supports it. Edgility was pivotal in designing a comprehensive process for establishing and approving the Executive Director's compensation, which received board approval. Additionally, Edgility provided a compensation structure for all employees that was carefully crafted and vetted, ultimately gaining the approval of the board. Their use of comparable compensation data for similar organizations has allowed the Organization to benchmark its compensation packages effectively. Furthermore, in line with Edgility's guidance, the Organization maintains meticulous records to document and record compensation arrangements for all staff, ensuring transparency and compliance with regulatory requirements.

Form 990, Part VI, Section C, line 19

Financial statements and governing documents including the conflict of interest and whistle blower policies are made available to the public upon request. Additionally, financial statements for subsequent tax years following 2019 will be audited by an independent auditor and published on the organization's website.

Filing and Contact Details

Filer

Filer Name
Child Welfare Innovation Inc
EIN
38-4011253
Phone
2027809405
Address
PO Box 220080, Dorchester, MA 02122
Doing Business As
Foster America

Signing Officer

Name
Marie Zemler Wu
Title
Executive Director
Phone
2027809405
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Zemler Wu
Formed
2016
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
27
Volunteers
9

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consulting: Program service expenses 86,288. Management and general expenses 429,993. Fundraising expenses 68,260. Total expenses 584,541. Training Facilitator Fee: Program service expenses 51,333. Management and general expenses 18,189. Fundraising expenses 616. Total expenses 70,138. Professional Coaching: Program service expenses 256,801. Management and general expenses 90,991. Fundraising expenses 3,083. Total expenses 350,875. Other Professional Services: Program service expenses 52,835. Management and general expenses 35,802. Fundraising expenses 3,684. Total expenses 92,321.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Impairment Loss on Intangible Asset -41,282.

Part XI, Line 4B - Other Adjustments:

Write Off of Grant Receivable 37,719.

Part XII, Line 4B - Other Adjustments:

Write Off of Grant Receivable 37,719.

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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/Form990PartVIISectionAGrp/TitleTxt0Chair, Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Past Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP of Finance and Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP of Talent
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director of Dev. & Communications
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director of Learning & Leadership
IRS990/Form990PartVIISectionAGrp/TitleTxt15Senior Fellow
IRS990/Form990PartVIISectionAGrp/TitleTxt16Senior Fellow
IRS990/Form990PartVIISectionAGrp/TitleTxt17TFSC Senior Project Manager
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IRS990/MissionDesc0Foster America aims to improve the lives of America's most vulenerable children; those in foster care or at risk of entering the system. We are developing a pipeline a leaders and innovators and building a movement to transform the child welfare system.
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