Civic Intelligence

Fostering Media Connections

EIN 45-3860344 • 501(c)3 • Los Angeles, CA

Profile

To make the solutions to americas child welfare problems headline news. We accomplish this through strict-adherence to solution-based journalism. First, we report on and produce solution-based media stories about foster care and vulnerable children. We then market those stories to mainstream and other media outlets in an effort to change the overarching foster care and child welfare narrative towards solutions, not simply problems

PO Box 861928Los Angeles, CA 90086

fosteringmediaconnections.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.19x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$115,052

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

90th percentile

53%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

42%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$1,618,695

Up $558,063 (+53%) from 2023

Liabilities

Up

$441,109

Up $138,741 (+46%) from 2023

Net Assets

Up

$1,177,586

Up $419,322 (+55%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin67th percentile

Revenue

Up

$2,330,145

Up $685,872 (+42%) from 2023

Expenses

Down

$1,993,666

Down $24,056 (-1.2%) from 2023

Net Income

Up

$336,479

Up $709,928 (+190%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $117,991Liabilities 2013: $5,398Net Assets 2013: $112,5932013Assets 2014: $103,797Liabilities 2014: $26,158Net Assets 2014: $77,6392014Assets 2015: $219,636Liabilities 2015: $34,629Net Assets 2015: $185,0072015Assets 2016: $418,329Liabilities 2016: $11,189Net Assets 2016: $407,1402016Assets 2017: $333,551Liabilities 2017: $9,431Net Assets 2017: $324,1202017Assets 2018: $345,483Liabilities 2018: $16,664Net Assets 2018: $328,8192018Assets 2019: $149,841Liabilities 2019: $27,713Net Assets 2019: $122,1282019Assets 2020: $660,277Liabilities 2020: $154,832Net Assets 2020: $505,4452020Assets 2021: $1,219,378Liabilities 2021: $550,585Net Assets 2021: $668,7932021Assets 2022: $1,099,804Liabilities 2022: $374,076Net Assets 2022: $725,7282022Assets 2023: $1,060,632Liabilities 2023: $302,368Net Assets 2023: $758,2642023Assets 2024: $1,618,695Liabilities 2024: $441,109Net Assets 2024: $1,177,5862024

Highlighted filing

2024

Assets$1,618,695
Liabilities$441,109
Net Assets$1,177,586
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $204,7162013Revenue 2014: $327,150Expenses 2014: $362,106Net Income 2014: -$34,9562014Revenue 2015: $533,659Expenses 2015: $426,291Net Income 2015: $107,3682015Revenue 2016: $780,397Expenses 2016: $558,264Net Income 2016: $222,1332016Revenue 2017: $716,776Expenses 2017: $772,187Net Income 2017: -$55,4112017Revenue 2018: $992,831Expenses 2018: $987,265Net Income 2018: $5,5662018Revenue 2019: $960,395Expenses 2019: $1,167,086Net Income 2019: -$206,6912019Revenue 2020: $1,585,891Expenses 2020: $1,198,841Net Income 2020: $387,0502020Revenue 2021: $1,628,212Expenses 2021: $1,468,249Net Income 2021: $159,9632021Revenue 2022: $1,829,305Expenses 2022: $1,772,370Net Income 2022: $56,9352022Revenue 2023: $1,644,273Expenses 2023: $2,017,722Net Income 2023: -$373,4492023Revenue 2024: $2,330,145Expenses 2024: $1,993,666Net Income 2024: $336,4792024

Highlighted filing

2024

Revenue$2,330,145
Expenses$1,993,666
Net Income$336,479
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,618,695
Liabilities
$441,109
Net assets
$1,177,586
Revenue
$2,330,145
Expenses
$1,993,666
Net income
$336,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.44$1.18$2.33$1.99$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.30$0.76$1.64$2.02$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.37$0.73$1.83$1.77$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.55$0.67$1.63$1.47$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.15$0.51$1.59$1.20$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.03$0.12$0.96$1.17$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.02$0.33$0.99$0.99$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.32$0.72$0.77$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.01$0.41$0.78$0.56$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.03$0.19$0.53$0.43$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.03$0.08$0.33$0.36$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.01$0.11$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$2,330,145
Mission and Program Overview

Mission

To make the solutions to americas child welfare problems headline news. We accomplish this through strict-adherence to solution-based journalism. First, we report on and produce solution-based media stories about foster care and vulnerable children. We then market those stories to mainstream and other media outlets in an effort to change the overarching foster care and child welfare narrative towards solutions, not simply problems

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$847,538$1,031,803▲ $184,265
Accounts Receivable$97,805$468,283▲ $370,478
Savings and Temporary Cash Investments$110,930$115,729▲ $4,799
Prepaid Expenses and Deferred Charges$1,922$2,523▲ $601
Land, Buildings, and Equipment, Net$2,437$357▼ $2,080
Total Assets$1,060,632$1,618,695▲ $558,063
Liabilities
Deferred Revenue$163,082$302,401▲ $139,319
Accounts Payable and Accrued Expenses$139,286$138,708▼ $578
Total Liabilities$302,368$441,109▲ $138,741
Net Assets / Fund Balance
Net Assets With Donor Restrictions$334,938$1,069,750▲ $734,812
Net Assets Without Donor Restrictions$423,326$107,836▼ $315,490
Total Net Assets Fund Balance$758,264$1,177,586▲ $419,322
Total Liabilities and Net Assets / Fund Balance$1,060,632$1,618,695▲ $558,063

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$357$69,941$70,298
Equipment-$8,536$8,536
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen S Davidson De SaExecutive EditorFT$111,701$3,351$115,052
John KellyCo-executive DirectorFT$111,375-$111,375
Chrisite RenickCo-executive Director/secretaryFT$107,283$3,218$110,501

Board Members and Trustees

NameTitle
Daniel HeimpelBoard Chair
Annie Tsang From Oct 2023Board Member
Dr Sharon L McdanielBoard Member
Hoang Murphy From Oct 2023Board Member
Jason Fuiman From Oct 2023Board Member
John Drebinger IiiBoard Member
Lisa Ling to Oct 2023Board Member
Simone MaxwellBoard Member
Tara WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,773,493
Program Service Revenue
$554,412
Investment Income
$2,240
Other Revenue
$0
All Other Contributions
$1,773,493
Change in Net Assets
$336,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,330,145
Revenue Not Reported on Form 990
$112,371
Total Revenue per Audited Statements
$2,442,516
Total Revenue per Form 990
$2,330,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,455,978
Other Expenses$537,688
Total Fundraising Expense$159,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$926,662$49,700$74,813$1,051,175
Current Officers, Directors, Trustees, and Key Employees$109,382$59,040$62,658$231,080
Fees for Services Other$129,080$16,850$4,049$149,979
Fees for Services Accounting$16,414$94,615$1,161$112,190
Payroll Taxes$80,949$17,363$10,345$108,657
Other Employee Benefits$49,120$6,903$732$56,755
Other Expenses$31,723$23$112$31,723
Information Technology$20,565$6,808$685$28,058
Travel$11,057$3,725$3,273$18,055
Insurance$3,408$11,056$788$15,252
Office Expenses$10,036$2,035$98$12,169
Pension Plan Contributions$7,413$832$66$8,311
Occupancy$2,854$2,455$190$5,499
Advertising$2,974$245$468$3,687
Depreciation Depletion-$2,079-$2,079
Fees for Services Legal$175--$175
Total Functional Expenses$1,560,499$273,729$159,438$1,993,666

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,106,037
Expenses per Audited Statements$1,993,666
Total Expenses per Form 990$1,993,666
Expenses Not Reported on Form 990$112,371
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Section B, Line 12C

“Conflicts of interest are monitored through regular communication. A review of all potential conflicts of interest is performed by the board annually.”

Form 990, Part VI, Section B, Line 15A

“The process for determining compensation of the organizations officers and key employees includes a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The organization utilizes websites such as indeed.com, salary.com, and glassdoor.com to determine market wages for a given geographic location and similar position.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents and policies are available for public inspection upon request.”

Form 990, Part VI, Section B, Line 15B

“This question is answered no as there are no other officers or key employees who were compensated.”

Filing and Contact Details

Filer

Filer Name
Fostering Media Connections
EIN
45-3860344
Phone
2133795359
Address
PO Box 861928, LOS ANGELES, CA 90086

Signing Officer

Name
Christie Renick
Title
Coexecutive Director
Phone
2133795359
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christie Renick
Formed
2011
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
24
Volunteers
9

Preparer

Firm
Lewis Sharpstone & Co
Address
5074 Tendilla Ave, Woodland Hills, CA 91364
Preparer
Lewis Sharpstone
Phone
8185701960
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Program Service Expenses 47,660, Grants and allocations 0, Revenue 0 FMC PUBLISHES MEDIA TO LEAD THE CONVERSATION ABOUT CHILDREN, YOUTH AND FAMILIES IN THE UNITED STATES. FMCS PUBLICATIONS INCLUDE THE IMPRINT AND FOSTERING FAMILIES TODAY THE ORGANIZATION IS ALSO HOME TO SAFECAMP AUDIO, A PODCAST NETWORK, AND YOUTH VOICES RISING, A MEDIA TRAINING PROGRAM FOR YOUNG PEOPLE WITH FOSTER CARE OR JUVENILE JUSTICE EXPERIENCE.”

Form 990, Part I, Line 1

“Fostering media connections fmc is a non-profit news organization that uses a mix of investigative, accountability and solution-oriented journalism to drive reform within the systems that serve vulnerable children, youth and their families.”

Form 990, Part IV, Section B, Line 11B

“A copy of form 990 is provided to the board of directors for review and approval prior to filing.”

Form 990, Part XI, Line 8

“During the course of the 2023 fiscal year audit adjustments were identified that were not reflected in the 2022 form 990. The aggregate amount of these adjustments were 82,843.”

Form 990, Part XII, Line 2B

“For the fiscal year ending june 30, 2024, the financial statements were audited by an independent contractor, with oversight provided by a designated committee within the organization.”

Form 990, Part III, Line 1

“Fostering media connections is a non-profit news organization that uses a mix of investigative, accountability and solution-oriented journalism to drive reform within the systems that serve vulnerable children, youth and their families.”

Financial Statement Notes

X 2

“The organization is a nonprofit private corporation organized under the laws of california and, as such, is exempt from federal and state income taxes under internal revenue code irc section 501c3 and corresponding state provisions. The organization recognizes the financial statement benefit of tax positions, such as filing status of tax-exempt, only after determining that the relevant tax authority would more likely than not sustain the position following an audit. The organization is subject to potential income tax audits on open tax years by any taxing jurisdiction in which it operates. The statute of limitations for federal and california state purposes is generally three and four years, respectively.”

Raw XML AppendixShowing 400 of 498 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.

Path#Value
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IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
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IRS990/CYOtherExpensesAmt0537688
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02079
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IRS990/ProgSrvcAccomActy2Grp/Desc0FOSTERING FAMILIES TODAY FFT FFT IS AN AWARD-WINNING BI-MONTHLY PRINT AND DIGITAL MAGAZINE DISTRIBUTED TO RESOURCE FAMILIES AND KIN CAREGIVERS ACROSS THE COUNTRY. MORE THAN JUST A MAGAZINE, FFT ENSURES CAREGIVERS ARE EDUCATED ABOUT THE LATEST DEVELOPMENTS IN TRAUMA-INFORMED CARE AND PROVIDES THEM WITH AN OPPORTUNITY TO EARN CONTINUING EDUCATION CREDITS THROUGH READING COMPREHENSION. DURING THE YEAR ENDED JUNE 30, 2024 THE ORGANIZATION PUBLISHED 6 ISSUES AND DISTRIBUTED MORE THAN 102,000 COPIES TO CAREGIVERS ACROSS THE US, INCLUDING 4 FULLY TRANSLATED SPANISH ISSUES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH VOICES RISING PROGRAM YVR WAS ESTABLISHED IN 2016 AS A JOURNALISM TRAINING PROGRAM FOR YOUNG PEOPLE WITH LIVED EXPERIENCE IN THE FOSTER CARE OR JUVENILE JUSTICE SYSTEMS, TO DATE, WE HAVE PUBLISHED HUNDREDS OF PERSONAL REFLECTIONS AND OPINION PIECES FROM YOUNG PEOPLE. DURING CALENDAR YEAR 2024, 46 YOUTH-WRITTEN PIECES WERE PUBLISHED.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT PRIVATE CORPORATION ORGANIZED UNDER THE LAWS OF CALIFORNIA AND, AS SUCH, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE IRC SECTION 501C3 AND CORRESPONDING STATE PROVISIONS. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS FILING STATUS OF TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 47,660, Grants and allocations 0, Revenue 0 FMC PUBLISHES MEDIA TO LEAD THE CONVERSATION ABOUT CHILDREN, YOUTH AND FAMILIES IN THE UNITED STATES. FMCS PUBLICATIONS INCLUDE THE IMPRINT AND FOSTERING FAMILIES TODAY THE ORGANIZATION IS ALSO HOME TO SAFECAMP AUDIO, A PODCAST NETWORK, AND YOUTH VOICES RISING, A MEDIA TRAINING PROGRAM FOR YOUNG PEOPLE WITH FOSTER CARE OR JUVENILE JUSTICE EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FOSTERING MEDIA CONNECTIONS FMC IS A NON-PROFIT NEWS ORGANIZATION THAT USES A MIX OF INVESTIGATIVE, ACCOUNTABILITY AND SOLUTION-ORIENTED JOURNALISM TO DRIVE REFORM WITHIN THE SYSTEMS THAT SERVE VULNERABLE CHILDREN, YOUTH AND THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE MONITORED THROUGH REGULAR COMMUNICATION. A REVIEW OF ALL POTENTIAL CONFLICTS OF INTEREST IS PERFORMED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATIONS OFFICERS AND KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE ORGANIZATION UTILIZES WEBSITES SUCH AS INDEED.COM, SALARY.COM, AND GLASSDOOR.COM TO DETERMINE MARKET WAGES FOR A GIVEN GEOGRAPHIC LOCATION AND SIMILAR POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.

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