Civic Intelligence

Foster'S Home Foundation

990 • Fiscal year 2020 • EIN 75-2446210

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 15, 2021

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

25th percentile

0.04x

Higher debt load relative to assets than 25% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.55x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

83rd percentile

31%

Higher net margin than 83% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$163,152

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

54th percentile

8.1%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-48%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$13,686,941

Up $1,031,208 (+8.1%) from 2019

Net Assets

Up

$13,092,663

Up $1,091,050 (+9.1%) from 2019

Liabilities

Down

$594,278

Down $59,842 (-9.1%) from 2019

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin83rd percentile

Revenue

Down

$1,089,042

Down $1,009,393 (-48%) from 2019

Expenses

Down

$755,258

Down $37,081 (-4.7%) from 2019

Net Income

Down

$333,784

Down $972,312 (-74%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2020

Assets$13,686,941
Liabilities$594,278
Net Assets$13,092,663
Open 2020 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

2020

Revenue$1,089,042
Expenses$755,258
Net Income$333,784
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 15, 2021
Return Version
2019v5.2
Gross Receipts
$1,448,195
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$11,693,357$12,949,329▲ $1,255,972
Savings and Temporary Cash Investments$578,329$366,909▼ $211,420
Other Notes and Loans Receivable, Net$9,984$0▼ $9,984
Accounts Receivable$10,368$6,709▼ $3,659
Total Assets$12,655,733$13,686,941▲ $1,031,208
Other Assets Total$363,695$363,994▲ $299
Liabilities
Other Liabilities$654,120$594,278▼ $59,842
Total Liabilities$654,120$594,278▼ $59,842
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,810,193$12,897,628▲ $1,087,435
Net Assets With Donor Restrictions$191,420$195,035▲ $3,615
Total Net Assets Fund Balance$12,001,613$13,092,663▲ $1,091,050
Total Liabilities and Net Assets / Fund Balance$12,655,733$13,686,941▲ $1,031,208

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$221,835$300▲ $3,315$0$225,450
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
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn NewberryPast PresidentFT$105,600$19,008$124,608

Board Members and Trustees

NameTitle
John TerrillChairman
Doug YoungPresident
Clinton NixDirector
James Bo CoxDirector
Mike BlevinsDirector
Phil UhrhanDirector
Heath HamrickSecretary
Jeff GilesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$501,050
Program Service Revenue
$0
Investment Income
$425,145
Other Revenue
$162,847
All Other Contributions
$14,597
Change in Net Assets
$333,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,049,150
Revenue Not Reported on Financial Statements
$39,892
Revenue Not Reported on Form 990
$772,538
Total Revenue per Audited Statements
$1,821,688
Total Revenue per Form 990
$1,089,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$518,000
Salaries, Compensation, and Employee Benefits$173,893
Other Expenses$63,365
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$518,000--$518,000
Other Salaries and Wages-$147,872-$147,872
Fees for Service Investment Mgmnt Fees-$39,892-$39,892
Payroll Taxes-$11,797-$11,797
Fees for Services Accounting-$11,145-$11,145
Other Employee Benefits-$8,130-$8,130
Pension Plan Contributions-$6,094-$6,094
Travel-$4,359-$4,359
Other Expenses-$487-$487
Total Functional Expenses$518,000$237,258$0$755,258

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$755,258
Expenses per Audited Statements$715,366
Total Expenses per Audited Statements$715,366
Expenses Not Reported on Financial Statements$39,892
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$518,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$568,225
Charitable Remainder Trust Liability$22,843
Property Taxes Accrued$3,210
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
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
Doug Young
Title
President
Phone
2549682143
Signed
2021-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Young
Formed
1992
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
4
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 -15,272.”

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.”

Raw XML AppendixShowing 400 of 508 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/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DOUG YOUNG
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01292870
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0518001
IRS990/PYInvestmentIncomeAmt0666904
IRS990/PYOtherExpensesAmt081130
IRS990/PYOtherRevenueAmt0138661
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01306096
IRS990/PYSalariesCompEmpBnftPaidAmt0193208
IRS990/PYTotalExpensesAmt0792339
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02098435
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0333784
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0486453
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0162847
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0162847
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0578329
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0366909
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/SupportAmt0518000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SHERWOOD AND MYRTIE FOSTER'S HOME
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0518000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.20170
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0221835
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0300
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0225450
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03315
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0202789
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt020000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0221835
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06683
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt07637
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0147473
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0202789
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05266
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt09950
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0133143
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt015000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0147473
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08080
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt08750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0105434
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt021000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0133143
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06709
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt039892
IRS990ScheduleD/ExpensesSubtotalAmt0715366
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt039892
IRS990ScheduleD/InvestmentExpensesNotIncldAmt039892
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0772538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1568225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt222843
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PROPERTY TAXES ACCRUED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHARITABLE REMAINDER TRUST LIABILITY
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.18200
IRS990ScheduleD/RevenueNotReportedAmt0772538
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt039892
IRS990ScheduleD/RevenueSubtotalAmt01049150
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS WERE ESTABLISHED FOR THE PURPOSE OF ASSISTING THE HOME WITH THE COST OF HIGHER EDUCATION FOR THE CHILDREN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.61630
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0755258
IRS990ScheduleD/TotalLiabilityAmt0594278
IRS990ScheduleD/TotalRevenuePerForm990Amt01089042
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01821688
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0715366
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0518000
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/BaseCompensationFilingOrgAmt0105600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt033092
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt02647
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt02805
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLENN NEWBERRY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PAST PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0124608
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt038544
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 -15,272.
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

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,686,941
Liabilities
$594,278
Net assets
$13,092,663
Revenue
$1,089,042
Expenses
$755,258
Net income
$333,784
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