Civic Intelligence

Foster'S Home Foundation

990 • Fiscal year 2015 • EIN 75-2446210

Sep 01, 2014 to Aug 31, 2015 • Filed on Apr 08, 2016

Organization Profilewww.fostershome.org
P O Box 978Stephenville, TX 76401

(254) 968-2143

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.09x

Higher debt load relative to assets than 32% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.78x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

37th percentile

$139,195

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

21st percentile

-4.4%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$11,189,801

Down $516,350 (-4.4%) from 2014

Net Assets

Down

$10,171,620

Down $397,594 (-3.8%) from 2014

Liabilities

Down

$1,018,181

Down $118,756 (-10%) from 2014

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin89th percentile

Revenue

Down

$1,299,272

Down $831,837 (-39%) from 2014

Expenses

Up

$768,219

Up $114,240 (+17%) from 2014

Net Income

Down

$531,053

Down $946,077 (-64%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$40M$30M$20M$10M$0Assets 2010: $7,035,646Liabilities 2010: $940,066Net Assets 2010: $6,095,5802010Assets 2011: $7,236,640Liabilities 2011: $1,159,339Net Assets 2011: $6,077,3012011Assets 2012: $8,405,082Liabilities 2012: $1,139,944Net Assets 2012: $7,265,1382012Assets 2013: $10,705,149Liabilities 2013: $1,211,359Net Assets 2013: $9,493,7902013Assets 2014: $11,706,151Liabilities 2014: $1,136,937Net Assets 2014: $10,569,2142014Assets 2015: $11,189,801Liabilities 2015: $1,018,181Net Assets 2015: $10,171,6202015Assets 2016: $10,815,877Liabilities 2016: $834,330Net Assets 2016: $9,981,5472016Assets 2017: $11,170,293Liabilities 2017: $814,316Net Assets 2017: $10,355,9772017Assets 2018: $11,948,834Liabilities 2018: $715,946Net Assets 2018: $11,232,8882018Assets 2019: $12,655,733Liabilities 2019: $654,120Net Assets 2019: $12,001,6132019Assets 2020: $13,686,941Liabilities 2020: $594,278Net Assets 2020: $13,092,6632020Assets 2021: $16,996,590Liabilities 2021: $703,633Net Assets 2021: $16,292,9572021Assets 2022: $17,919,510Liabilities 2022: $419,304Net Assets 2022: $17,500,2062022Assets 2023: $19,297,499Liabilities 2023: $371,002Net Assets 2023: $18,926,4972023Assets 2024: $24,144,686Liabilities 2024: $360,712Net Assets 2024: $23,783,9742024Assets 2025: $33,621,114Liabilities 2025: $351,480Net Assets 2025: $33,269,6342025

Highlighted filing

2015

Assets$11,189,801
Liabilities$1,018,181
Net Assets$10,171,620
Open 2015 Filing

Operations Trend

Revenue Growth7th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $427,1412010Expenses 2011: $430,6342011Expenses 2012: $453,9182012Expenses 2013: $487,1802013Revenue 2014: $2,131,109Expenses 2014: $653,979Net Income 2014: $1,477,1302014Revenue 2015: $1,299,272Expenses 2015: $768,219Net Income 2015: $531,0532015Revenue 2016: -$106,687Expenses 2016: $796,420Net Income 2016: -$903,1072016Revenue 2017: $1,194,278Expenses 2017: $906,153Net Income 2017: $288,1252017Revenue 2018: $1,209,950Expenses 2018: $830,415Net Income 2018: $379,5352018Revenue 2019: $2,098,435Expenses 2019: $792,339Net Income 2019: $1,306,0962019Revenue 2020: $1,089,042Expenses 2020: $755,258Net Income 2020: $333,7842020Revenue 2021: $2,032,823Expenses 2021: $652,651Net Income 2021: $1,380,1722021Revenue 2022: $4,136,098Expenses 2022: $580,867Net Income 2022: $3,555,2312022Revenue 2023: $1,695,275Expenses 2023: $276,572Net Income 2023: $1,418,7032023Revenue 2024: $4,103,867Expenses 2024: $1,045,404Net Income 2024: $3,058,4632024Revenue 2025: $9,225,434Expenses 2025: $1,059,864Net Income 2025: $8,165,5702025

Highlighted filing

2015

Revenue$1,299,272
Expenses$768,219
Net Income$531,053
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Apr 8, 2016
Return Version
2014v6.0
Gross Receipts
$10,468,403
Mission and Program Overview

Mission

To provide funding to operate the sherwood & myrtie foster home for children

To provide funding to operate Sherwood & Myrtie Foster's Home for Children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,977,631$9,712,786▼ $264,845
Savings and Temporary Cash Investments$147,264$687,158▲ $539,894
Other Notes and Loans Receivable, Net$22,421$27,330▲ $4,909
Accounts Receivable$32,865$20,822▼ $12,043
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,706,151$11,189,801▼ $516,350
Other Assets Total$1,525,970$741,705▼ $784,265
Liabilities
Other Liabilities$1,131,742$1,016,247▼ $115,495
Accounts Payable and Accrued Expenses$5,195$1,934▼ $3,261
Total Liabilities$1,136,937$1,018,181▼ $118,756
Net Assets / Fund Balance
Unrestricted Net Assets$10,349,001$9,897,006▼ $451,995
Temporarily Rstr Net Assets$220,213$233,614▲ $13,401
Permanently Rstr Net Assets-$41,000-
Total Net Assets Fund Balance$10,569,214$10,171,620▼ $397,594
Total Liabilities and Net Assets / Fund Balance$11,706,151$11,189,801▼ $516,350

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$99,859--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014-$112,202▼ $6,768-$105,434
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn NewberryPresidentPT$78,468$60,727$139,195

Board Members and Trustees

NameTitle
Timothy R EbyChairman
Philip UhrhanVice Chairman
Bob McAlisterDirector
Clinton NixDirector
Earl KriegDirector
John E TerrillDirector
Steven R HerodDirector
Mike BlevinsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$399,177
Program Service Revenue
$0
Investment Income
$661,993
Other Revenue
$238,102
All Other Contributions
$5,577
Change in Net Assets
$531,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$956,450
Revenue Not Reported on Financial Statements
$342,822
Other Revenue Adjustments
$342,822
Total Revenue per Audited Statements
$956,450
Total Revenue per Form 990
$1,299,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$480,000
Other Expenses$174,419
Salaries, Compensation, and Employee Benefits$113,800
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$480,000--$480,000
Fees for Service Investment Mgmnt Fees-$111,622-$111,622
Current Officers, Directors, Trustees, and Key Employees-$82,292-$82,292
Other Salaries and Wages-$19,932-$19,932
Fees for Services Accounting-$11,155-$11,155
Payroll Taxes-$7,528-$7,528
Travel-$5,099-$5,099
Pension Plan Contributions-$4,048-$4,048
Fees for Services Legal-$1,535-$1,535
All Other Expenses-$838-$838
Other Expenses-$719-$719
Interest-$363-$363
Total Functional Expenses$480,000$288,219$0$768,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$768,219
Total Expenses per Audited Statements$768,219
Total Expenses per Form 990$768,219
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fosters Home ChildrenStephenville, TX501(c)3Support for operations of the Home$480,000
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
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
Annuities Payable$931,997
Charitable Remainder Trust Liability$61,400
Property Taxes Accrued$22,850
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the form 990 is presented to the organization's governing body prior to filing.”

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

“The executive director's salary is discussed and approved by the board of directors and then recorded in the minutes of the board meeting.”

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

“Financial Statements are available on the Organization's website.”

Filing and Contact Details

Filer

Filer Name
Fosters Home Foundation
EIN
75-2446210
Phone
2549682143
Address
P O Box 978, Stephenville, TX 76401

Signing Officer

Name
Glenn Newberry
Title
President & CEO
Signed
2016-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Newberry
Formed
1992
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
8
Employees
3

Preparer

Firm
Davis Kinard & Co PC
Address
400 Pine St Ste 600, Abilene, TX 79601
Preparer
L Diane Terrell CPA
Phone
3256724000
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Change in split interest agreement = -$73738”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“Endowment funds were established for the purpose of assisting the Home with the cost of higher education for the children.”

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Realized Gain on Sale of Investments $333909 Realized Gain on Sale of Fixed Asset $8913”

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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010569214
IRS990/NetAssetsOrFundBalancesEOYAmt010171620
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0342822
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0342822
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-854909
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01525970
IRS990/OtherAssetsTotalGrp/EOYAmt0741705
IRS990/OtherChangesInNetAssetsAmt0-73738
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Property Tax
IRS990/OtherExpensesGrp/Desc1Brummett Ranch Expenses
IRS990/OtherExpensesGrp/Desc2Administrative Misc.
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt034333
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16895
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21860
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3719
IRS990/OtherExpensesGrp/TotalAmt034333
IRS990/OtherExpensesGrp/TotalAmt16895
IRS990/OtherExpensesGrp/TotalAmt21860
IRS990/OtherExpensesGrp/TotalAmt3719
IRS990/OtherLiabilitiesGrp/BOYAmt01131742
IRS990/OtherLiabilitiesGrp/EOYAmt01016247
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019932
IRS990/OtherSalariesAndWagesGrp/TotalAmt019932
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022421
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt027330
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07528
IRS990/PayrollTaxesGrp/TotalAmt07528
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04048
IRS990/PensionPlanContributionsGrp/TotalAmt04048
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt041000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Glenn Newberry
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0503525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0372588
IRS990/PYInvestmentIncomeAmt01362150
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0205894
IRS990/PYOtherRevenueAmt0265434
IRS990/PYRevenuesLessExpensesAmt01477130
IRS990/PYSalariesCompEmpBnftPaidAmt075497
IRS990/PYTotalExpensesAmt0653979
IRS990/PYTotalRevenueAmt02131109
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0531053
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0393600
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0238102
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0238102
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0147264
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0687158
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0751377874
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0480000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Sherwood and Myrtie Fosters Home
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0480000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.43000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0112202
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0105434
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6768
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0768219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt099859
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Charitable Remainder Trusts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Real Estate Held for Sale
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1931997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt261400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Property Taxes Accrued
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Annuities Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Charitable Remainder Trust Liability
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0342822
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.39000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0342822
IRS990ScheduleD/RevenueSubtotalAmt0956450
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds were established for the purpose of assisting the Home with the cost of higher education for the children.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Realized Gain on Sale of Investments $333909 Realized Gain on Sale of Fixed Asset $8913
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.18000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0741705
IRS990ScheduleD/TotalExpensesPerForm990Amt0768219
IRS990ScheduleD/TotalLiabilityAmt01016247
IRS990ScheduleD/TotalRevenuePerForm990Amt01299272
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0956450
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0768219
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0480000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support for operations of the Home
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Fosters Home Children
IRS990ScheduleI/RecipientTable/RecipientEIN0751377874
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01779 N Graham
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Stephenville
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076401
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Actual
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the form 990 is presented to the organization's governing body prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The executive director's salary is discussed and approved by the board of directors and then recorded in the minutes of the board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Financial Statements are available on the Organization's website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Change in split interest agreement = -$73738
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,189,801
Liabilities
$1,018,181
Net assets
$10,171,620
Revenue
$1,299,272
Expenses
$768,219
Net income
$531,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$33.6$0.35$33.3$9.23$1.06$8.17
2024Detailed filing. Detailed filing data is available for this year.$24.1$0.36$23.8$4.10$1.05$3.06
2023Detailed filing. Detailed filing data is available for this year.$19.3$0.37$18.9$1.70$0.28$1.42
2022Detailed filing. Detailed filing data is available for this year.$17.9$0.42$17.5$4.14$0.58$3.56
2021Detailed filing. Detailed filing data is available for this year.$17.0$0.70$16.3$2.03$0.65$1.38
2020Detailed filing. Detailed filing data is available for this year.$13.7$0.59$13.1$1.09$0.76$0.33
2019Detailed filing. Detailed filing data is available for this year.$12.7$0.65$12.0$2.10$0.79$1.31
2018Detailed filing. Detailed filing data is available for this year.$11.9$0.72$11.2$1.21$0.83$0.38
2017Detailed filing. Detailed filing data is available for this year.$11.2$0.81$10.4$1.19$0.91$0.29
2016Detailed filing. Detailed filing data is available for this year.$10.8$0.83$9.98$0.11$0.80$0.90
2015Detailed filing. Detailed filing data is available for this year.$11.2$1.02$10.2$1.30$0.77$0.53
2014Detailed filing. Detailed filing data is available for this year.$11.7$1.14$10.6$2.13$0.65$1.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$1.21$9.49$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.41$1.14$7.27$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$1.16$6.08$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$0.94$6.10$0.43