Civic Intelligence

Foster'S Home Foundation

990 • Fiscal year 2019 • EIN 75-2446210

Sep 01, 2018 to Aug 31, 2019 • Filed on Jun 30, 2020

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

28th percentile

0.05x

Higher debt load relative to assets than 28% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.31x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$166,382

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

58th percentile

5.9%

Faster asset growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

73%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$12,655,733

Up $706,899 (+5.9%) from 2018

Net Assets

Up

$12,001,613

Up $768,725 (+6.8%) from 2018

Liabilities

Down

$654,120

Down $61,826 (-8.6%) from 2018

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin94th percentile

Revenue

Up

$2,098,435

Up $888,485 (+73%) from 2018

Expenses

Down

$792,339

Down $38,076 (-4.6%) from 2018

Net Income

Up

$1,306,096

Up $926,561 (+244%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2019

Assets$12,655,733
Liabilities$654,120
Net Assets$12,001,613
Open 2019 Filing

Operations Trend

Revenue Growth93rd 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

2019

Revenue$2,098,435
Expenses$792,339
Net Income$1,306,096
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jun 30, 2020
Return Version
2018v3.2
Gross Receipts
$9,980,956
Mission and Program Overview

Mission

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

To provide funding to operate sherwood and myrtie foster's home for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,304,231$11,693,357▲ $1,389,126
Savings and Temporary Cash Investments$727,835$578,329▼ $149,506
Investments Other Securities$53,925--
Accounts Receivable$8,354$10,368▲ $2,014
Other Notes and Loans Receivable, Net$9,984$9,984→ $0
Total Assets$11,948,834$12,655,733▲ $706,899
Other Assets Total$844,505$363,695▼ $480,810
Liabilities
Other Liabilities$706,215$654,120▼ $52,095
Accounts Payable and Accrued Expenses$9,731$0▼ $9,731
Total Liabilities$715,946$654,120▼ $61,826
Net Assets / Fund Balance
Unrestricted Net Assets$11,060,514$11,810,193▲ $749,679
Temporarily Rstr Net Assets$131,374$150,420▲ $19,046
Permanently Rstr Net Assets$41,000$41,000→ $0
Total Net Assets Fund Balance$11,232,888$12,001,613▲ $768,725
Total Liabilities and Net Assets / Fund Balance$11,948,834$12,655,733▲ $706,899

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$202,789$20,000▲ $6,683$7,637$221,835
2017$147,473$60,000▲ $5,266$9,950$202,789
2016$133,143$15,000▲ $8,080$8,750$147,473
2015$105,434$21,000▲ $6,709-$133,143
2014-$112,202▼ $6,768-$105,434
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn NewberryPresidentFT$110,400$17,404$127,804

Board Members and Trustees

NameTitle
Mike BlevinsChairman
John TerrillVice Chairman
Clinton NixDirector
James Bo CoxDirector
Jeff GilesDirector
Phil UhrhanDirector
Heath HamrickSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,292,870
Program Service Revenue
$0
Investment Income
$666,904
Other Revenue
$138,661
All Other Contributions
$24,544
Change in Net Assets
$1,306,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,726,480
Revenue Not Reported on Financial Statements
$371,955
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$331,955
Total Revenue per Audited Statements
$1,726,480
Total Revenue per Form 990
$2,098,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$518,001
Salaries, Compensation, and Employee Benefits$193,208
Other Expenses$81,130
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$518,001--$518,001
Current Officers, Directors, Trustees, and Key Employees-$110,400-$110,400
Other Salaries and Wages-$43,041-$43,041
Fees for Service Investment Mgmnt Fees-$40,000-$40,000
Other Employee Benefits-$15,789-$15,789
Pension Plan Contributions-$12,240-$12,240
Payroll Taxes-$11,738-$11,738
Fees for Services Accounting-$10,310-$10,310
Travel-$3,811-$3,811
Other Expenses-$674-$674
Fees for Services Legal-$250-$250
Total Functional Expenses$518,001$274,338$0$792,339

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$792,339
Expenses per Audited Statements$752,339
Total Expenses per Audited Statements$752,339
Expenses Not Reported on Financial Statements$40,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
FOSTER'S HOME CHILDRENStephenville, TX501(c)3Support for Operations of the Home$518,001
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
Annuities Payable$624,428
Charitable Remainder Trust Liability$23,182
Property Taxes Accrued$6,510
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 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, Section B, Line 11B

“Line 11a explanation - a copy of the form 990 is presented to the organization's governing body prior to filing.”

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

“A written conflict of interest policy is present and the board members review and sign it annually. Compliance is monitored and enforced by refusal to engage in any monetary transactions from the home to the board. This involves refusing to utilize any board member, or their company, for services rendered. Board members also abstain as necessary from any votes that may pertain to a personal conflict of interest related to relationships, transactions, or positions. If a board member perceives they, or another board member, may have a conflict of interest, it is brought up for disclosure and discussion.”

Form 990, Part VI, Section B, Line 15

“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, Section C, Line 19

“Financial statements are available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
FOSTER'S HOME FOUNDATION
EIN
75-2446210
Phone
2549682143
Address
P O BOX 978, STEPHENVILLE, TX 76401

Signing Officer

Name
Glenn Newberry
Title
President & CEO
Phone
2549682143
Signed
2020-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Newberry
Formed
1992
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
400 PINE ST STE 600, ABILENE, TX 79601-5190
Preparer
Donna Scifres-solomon CPA
Phone
3256724000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in split interest agreement -43,600.”

Financial Statement Notes

PART V, LINE 4:

“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 ADJUSTMENTS:

“Realized gain on sale of investments 331,955.”

Raw XML AppendixShowing 400 of 520 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.

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IRS990/PayrollTaxesGrp/TotalAmt011738
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012240
IRS990/PensionPlanContributionsGrp/TotalAmt012240
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt041000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt041000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GLENN NEWBERRY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0794417
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0528000
IRS990/PYInvestmentIncomeAmt0228852
IRS990/PYOtherExpensesAmt094579
IRS990/PYOtherRevenueAmt0186681
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0379535
IRS990/PYSalariesCompEmpBnftPaidAmt0207836
IRS990/PYTotalExpensesAmt0830415
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01209950
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01306096
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01268326
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0138661
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0138661
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0727835
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0578329
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0751377874
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0518001
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SHERWOOD AND MYRTIE FOSTER'S HOME
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0518001
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.20530
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0202789
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt020000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0221835
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt06683
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt07637
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0147473
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0202789
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05266
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt09950
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0133143
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt015000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0147473
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08080
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt08750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0105434
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt021000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0133143
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06709
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0112202
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0105434
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6768
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt040000
IRS990ScheduleD/ExpensesSubtotalAmt0752339
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt040000
IRS990ScheduleD/InvestmentExpensesNotIncldAmt040000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1624428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt223182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PROPERTY TAXES ACCRUED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHARITABLE REMAINDER TRUST LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0331955
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.18480
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0371955
IRS990ScheduleD/RevenueSubtotalAmt01726480
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 331,955.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.60990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0792339
IRS990ScheduleD/TotalLiabilityAmt0654120
IRS990ScheduleD/TotalRevenuePerForm990Amt02098435
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01726480
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0752339
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0518001
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR OPERATIONS OF THE HOME
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOSTER'S 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
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0110400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt034062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt02112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08956
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt02404
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLENN NEWBERRY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0127804
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt038578
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - A COPY OF THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A WRITTEN CONFLICT OF INTEREST POLICY IS PRESENT AND THE BOARD MEMBERS REVIEW AND SIGN IT ANNUALLY. COMPLIANCE IS MONITORED AND ENFORCED BY REFUSAL TO ENGAGE IN ANY MONETARY TRANSACTIONS FROM THE HOME TO THE BOARD. THIS INVOLVES REFUSING TO UTILIZE ANY BOARD MEMBER, OR THEIR COMPANY, FOR SERVICES RENDERED. BOARD MEMBERS ALSO ABSTAIN AS NECESSARY FROM ANY VOTES THAT MAY PERTAIN TO A PERSONAL CONFLICT OF INTEREST RELATED TO RELATIONSHIPS, TRANSACTIONS, OR POSITIONS. IF A BOARD MEMBER PERCEIVES THEY, OR ANOTHER BOARD MEMBER, MAY HAVE A CONFLICT OF INTEREST, IT IS BROUGHT UP FOR DISCLOSURE AND DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN SPLIT INTEREST AGREEMENT -43,600.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FOSTER'S HOME FOR CHILDREN INC

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,655,733
Liabilities
$654,120
Net assets
$12,001,613
Revenue
$2,098,435
Expenses
$792,339
Net income
$1,306,096
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