Civic Intelligence

I Foster Inc.

990 • Fiscal year 2020 • EIN 80-0627614

Jul 01, 2019 to Jun 30, 2020 • Filed on May 06, 2021

PO Box 159Truckee, CA 96160

(530) 550-9672

Siviq Scores

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

Liabilities / Assets

90th percentile

0.82x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.44x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

51st percentile

5.7%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$191,086

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

355%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,979,450

Up $1,543,959 (+355%) from 2019

Net Assets

Up

$354,963

Up $213,067 (+150%) from 2019

Liabilities

Up

$1,624,487

Up $1,330,892 (+453%) from 2019

Revenue

Up

$3,715,154

Up $1,756,091 (+90%) from 2019

Expenses

Up

$3,502,087

Up $1,445,561 (+70%) from 2019

Net Income

Up

$213,067

Up $310,530 (+319%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $27,375Liabilities 2012: $147,912Net Assets 2012: -$120,5372012Assets 2013: $182,272Liabilities 2013: $216,248Net Assets 2013: -$33,9762013Assets 2014: $198,740Liabilities 2014: $253,571Net Assets 2014: -$54,8312014Assets 2015: $185,399Liabilities 2015: $65,206Net Assets 2015: $120,1932015Assets 2016: $222,112Liabilities 2016: $103,421Net Assets 2016: $118,6912016Assets 2017: $336,442Liabilities 2017: $69,564Net Assets 2017: $266,8782017Assets 2018: $553,219Liabilities 2018: $118,660Net Assets 2018: $434,5592018Assets 2019: $435,491Liabilities 2019: $293,595Net Assets 2019: $141,8962019Assets 2020: $1,979,450Liabilities 2020: $1,624,487Net Assets 2020: $354,9632020Assets 2021: $1,330,245Liabilities 2021: $552,363Net Assets 2021: $777,8822021Assets 2022: $7,345,670Liabilities 2022: $742,244Net Assets 2022: $6,603,4262022Assets 2023: $5,602,479Liabilities 2023: $705,948Net Assets 2023: $4,896,5312023Assets 2024: $6,325,798Liabilities 2024: $2,210,424Net Assets 2024: $4,115,3742024

Highlighted filing

2020

Assets$1,979,450
Liabilities$1,624,487
Net Assets$354,963

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $762,178Expenses 2012: $882,326Net Income 2012: -$120,1482012Expenses 2013: $1,070,9432013Revenue 2014: $1,551,045Expenses 2014: $1,571,900Net Income 2014: -$20,8552014Revenue 2015: $1,557,638Expenses 2015: $1,382,614Net Income 2015: $175,0242015Revenue 2016: $1,440,246Expenses 2016: $1,441,748Net Income 2016: -$1,5022016Revenue 2017: $1,305,380Expenses 2017: $1,157,193Net Income 2017: $148,1872017Revenue 2018: $1,927,770Expenses 2018: $1,760,089Net Income 2018: $167,6812018Revenue 2019: $1,959,063Expenses 2019: $2,056,526Net Income 2019: -$97,4632019Revenue 2020: $3,715,154Expenses 2020: $3,502,087Net Income 2020: $213,0672020Revenue 2021: $4,253,777Expenses 2021: $3,779,243Net Income 2021: $474,5342021Revenue 2022: $10,178,724Expenses 2022: $4,350,940Net Income 2022: $5,827,7842022Revenue 2023: $4,008,714Expenses 2023: $5,568,981Net Income 2023: -$1,560,2672023Revenue 2024: $9,955,391Expenses 2024: $10,736,548Net Income 2024: -$781,1572024

Highlighted filing

2020

Revenue$3,715,154
Expenses$3,502,087
Net Income$213,067
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 6, 2021
Return Version
2019v5.2
Gross Receipts
$3,715,154
Mission and Program Overview

Mission

Ifoster is a national non-profit that focuses on providing life changing resources for vulnerable children and youth. Programs are available for free at www.ifoster.org to members of the foster, adoptive and kinship communities; youth who have emancipated out of the system; and the organizations that support them. Programs focus on closing the funding gap in child welfare and achieving purchasing power and voice.

A national non-profit that focuses on providing life changing resources for vulnerable children and youth. Programs are available for free at www.ifoster.org to members of the foster, adoptive and kinship communities; youth who have emancipated out of the system; and the organizations that support them. Programs focus on closing the funding gap in child welfare and achieving purchasing power and voice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$272,362$581,278▲ $308,916
Cash and Non-Interest-Bearing Accounts$89,055$511,541▲ $422,486
Inventories for Sale or Use$0$498,093▲ $498,093
Savings and Temporary Cash Investments$1,925$384,168▲ $382,243
Total Assets$435,491$1,979,450▲ $1,543,959
Other Assets Total$72,149$4,370▼ $67,779
Liabilities
Other Liabilities$0$681,179▲ $681,179
Deferred Revenue$213,525$515,000▲ $301,475
Accounts Payable and Accrued Expenses$80,070$428,308▲ $348,238
Total Liabilities$293,595$1,624,487▲ $1,330,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$141,896$354,963▲ $213,067
Total Net Assets Fund Balance$141,896$354,963▲ $213,067
Total Liabilities and Net Assets / Fund Balance$435,491$1,979,450▲ $1,543,959
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Serita CoxExecutive DirectorFT$191,086$191,086
Reid CoxChief Financial OfficerFT$134,547$134,547

Board Members and Trustees

NameTitle
Lyn FarrBoard Chair
Keirsten TaillonVice Chairman
Ann Ferrell TataBoard Member
Holly BrittBoard Member
Jeff NewtonBoard Member
Karen KeoghBoard Member
Neil WelshBoard Member
Robert BeaudryBoard Member
Ryan KellyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,367,865
Program Service Revenue
$329,018
Investment Income
$46
Other Revenue
$18,225
All Other Contributions
$1,741,879
Change in Net Assets
$213,067

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,715,154
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,715,154
Total Revenue per Form 990
$3,715,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,176,238
Salaries, Compensation, and Employee Benefits$1,325,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$753,020$199,687-$952,707
Current Officers, Directors, Trustees, and Key Employees$257,230$68,213-$325,443
Information Technology$70,068$18,581-$88,649
Advertising-$87,430-$87,430
Occupancy$62,997$16,706-$79,703
Travel$54,076$14,340-$68,416
Fees for Services Accounting$38,720$10,268-$48,988
Other Employee Benefits$37,701$9,998-$47,699
Fees for Services Other$24,195$6,416-$30,611
Other Expenses$14,552$3,859-$18,411
All Other Expenses$11,388$2,440-$13,828
Insurance$2,927$776-$3,703
Fees for Services Legal$1,645$436-$2,081
Interest$583$154-$737
Total Functional Expenses$2,991,744$510,343$0$3,502,087

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,502,087
Total Expenses per Audited Statements$3,502,087
Total Expenses per Form 990$3,502,087
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Fair Futures$362,025
Ppp Loan$319,154
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Serita cox (executive director, founder) and reid cox (cfo, founder) are a married couple.

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

Ifoster, inc. Business office, human resources and other units as applicable provide information to gallina llp, ifoster's cpa firm, necessary to prepare the financial statements and the tax returns. Gallina delivers a preliminary form 990 and california form 199 to ifoster, inc. For review. The business office and executive director review the forms and submit corrections and additions, if any, to gallina llp for preparation of the final returns. The final returns are provided to ifoster inc. For proper signature and mailing as well as preparation of copies to ifoster inc.'s board members.

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

Ifoster's employee handbook contains a conflict of interest policy which includes provisions for disclosure annually, by officers, directors, and key employees, of interests that could constitute a conflict. In the event a conflict should be determined following review by the executive director, board president or full board membership, the conflict would be resolved with the offending party.

Form 990, Part VI, Section B, Line 15

Executive director and all other officer position compensation was discussed and approved by a compensation committee of independent members of the board using industry comparable data, and approved by all other independent board members.

Form 990, Part VI, Section C, Line 18

The governing documents for the organization are made available to anyone who goes to the office and requests to see them.

Form 990, Part VI, Section C, Line 19

Form 990 is made available for public inspection to anyone requesting it.

Filing and Contact Details

Filer

Filer Name
Ifoster Inc
EIN
80-0627614
Phone
5305509672
Address
PO BOX 159, TRUCKEE, CA 96160

Signing Officer

Name
Serita Cox
Title
Executive Director
Phone
7752980138
Signed
2021-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Serita Cox
Formed
2010
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
87
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
915 HIGHLAND POINTE DR SUITE 300, ROSEVILLE, CA 95678
Preparer
Joshua Price
Phone
9167847800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Fasb asc topic 740, accounting for uncertainty in income taxes, prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. For the year ended june 30, 2020 the organization has no material uncertain tax positions to be accounted for in the financial statements under these rules.

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IRS990/MissionDesc0IFOSTER IS A NATIONAL NON-PROFIT THAT FOCUSES ON PROVIDING LIFE CHANGING RESOURCES FOR VULNERABLE CHILDREN AND YOUTH. PROGRAMS ARE AVAILABLE FOR FREE AT WWW.IFOSTER.ORG TO MEMBERS OF THE FOSTER, ADOPTIVE AND KINSHIP COMMUNITIES; YOUTH WHO HAVE EMANCIPATED OUT OF THE SYSTEM; AND THE ORGANIZATIONS THAT SUPPORT THEM. PROGRAMS FOCUS ON CLOSING THE FUNDING GAP IN CHILD WELFARE AND ACHIEVING PURCHASING POWER AND VOICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0141896
IRS990/NetAssetsOrFundBalancesEOYAmt0354963
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0141896
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0354963
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016706
IRS990/OccupancyGrp/ProgramServicesAmt062997
IRS990/OccupancyGrp/TotalAmt079703
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072149
IRS990/OtherAssetsTotalGrp/EOYAmt04370
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09998
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037701
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047699
IRS990/OtherExpensesGrp/Desc0DEVICE EXPENSE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055515
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115524
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23859
IRS990/OtherExpensesGrp/ProgramServicesAmt01394756
IRS990/OtherExpensesGrp/ProgramServicesAmt1209347
IRS990/OtherExpensesGrp/ProgramServicesAmt258539
IRS990/OtherExpensesGrp/ProgramServicesAmt314552
IRS990/OtherExpensesGrp/TotalAmt01394756
IRS990/OtherExpensesGrp/TotalAmt1264862
IRS990/OtherExpensesGrp/TotalAmt274063
IRS990/OtherExpensesGrp/TotalAmt318411
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0681179
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt018225
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018225
IRS990/OtherRevenueTotalAmt018225
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0199687
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0753020
IRS990/OtherSalariesAndWagesGrp/TotalAmt0952707
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SERITA COX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624110
IRS990/ProgramServiceRevenueGrp/Desc0GET CONNECTED!
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0329018
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0329018
IRS990/ProgSrvcAccomActy2Grp/Desc01-LAPTOP / GET CONNECTED! - ADDRESSES THE DIGITAL DIVIDE BARRIER AMONG CHILDREN AND YOUTH IN FOSTER CARE. IN PARTNERSHIP WITH MICROSOFT, CDI COMPUTER DEALERS, INC., AND A NUMBER OF FUNDING PARTNERS, 1-LAPTOP PROVIDES REFURBISHED BUSINESS-CLASS LAPTOPS WITH FULL MICROSOFT PRODUCTIVITY SOFTWARE (WINDOWS AND OFFICE), TECH SUPPORT AND DIGITAL LITERACY TRAINING, AND LOW-COST INTERNET ACCESS PARTNERSHIPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01645458
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0329018
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01873803
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt048
IRS990/PYOtherExpensesAmt01160492
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt085212
IRS990/PYRevenuesLessExpensesAmt0-97463
IRS990/PYSalariesCompEmpBnftPaidAmt0896034
IRS990/PYTotalExpensesAmt02056526
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01959063
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0213067
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01925
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0384168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03367865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01873803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01845273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01106077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01246481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09439499
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0148
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0872932
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018225
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018225
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59670
IRS990ScheduleA/PublicSupportPY170Pct00.55100
IRS990ScheduleA/PublicSupportTotal170Amt05643296
IRS990ScheduleA/SubstantialContributorsTotAmt03796203
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03367865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01873803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01845273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01106077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01246481
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09439499
IRS990ScheduleA/TotalSupportAmt09457872
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03502087
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0362025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1319154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FAIR FUTURES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PPP LOAN
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03715154
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEAR ENDED JUNE 30, 2020 THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER THESE RULES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03502087
IRS990ScheduleD/TotalLiabilityAmt0681179
IRS990ScheduleD/TotalRevenuePerForm990Amt03715154
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03715154
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03502087
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0191086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SERITA COX
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0191086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS APPROVE THE SALARIES FOR THE EMPLOYEES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SERITA COX (EXECUTIVE DIRECTOR, FOUNDER) AND REID COX (CFO, FOUNDER) ARE A MARRIED COUPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IFOSTER, INC. BUSINESS OFFICE, HUMAN RESOURCES AND OTHER UNITS AS APPLICABLE PROVIDE INFORMATION TO GALLINA LLP, IFOSTER'S CPA FIRM, NECESSARY TO PREPARE THE FINANCIAL STATEMENTS AND THE TAX RETURNS. GALLINA DELIVERS A PRELIMINARY FORM 990 AND CALIFORNIA FORM 199 TO IFOSTER, INC. FOR REVIEW. THE BUSINESS OFFICE AND EXECUTIVE DIRECTOR REVIEW THE FORMS AND SUBMIT CORRECTIONS AND ADDITIONS, IF ANY, TO GALLINA LLP FOR PREPARATION OF THE FINAL RETURNS. THE FINAL RETURNS ARE PROVIDED TO IFOSTER INC. FOR PROPER SIGNATURE AND MAILING AS WELL AS PREPARATION OF COPIES TO IFOSTER INC.'S BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IFOSTER'S EMPLOYEE HANDBOOK CONTAINS A CONFLICT OF INTEREST POLICY WHICH INCLUDES PROVISIONS FOR DISCLOSURE ANNUALLY, BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES, OF INTERESTS THAT COULD CONSTITUTE A CONFLICT. IN THE EVENT A CONFLICT SHOULD BE DETERMINED FOLLOWING REVIEW BY THE EXECUTIVE DIRECTOR, BOARD PRESIDENT OR FULL BOARD MEMBERSHIP, THE CONFLICT WOULD BE RESOLVED WITH THE OFFENDING PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR AND ALL OTHER OFFICER POSITION COMPENSATION WAS DISCUSSED AND APPROVED BY A COMPENSATION COMMITTEE OF INDEPENDENT MEMBERS OF THE BOARD USING INDUSTRY COMPARABLE DATA, AND APPROVED BY ALL OTHER INDEPENDENT BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS FOR THE ORGANIZATION ARE MADE AVAILABLE TO ANYONE WHO GOES TO THE OFFICE AND REQUESTS TO SEE THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS MADE AVAILABLE FOR PUBLIC INSPECTION TO ANYONE REQUESTING IT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.33$2.21$4.12$9.96$10.7$0.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.60$0.71$4.90$4.01$5.57$1.56
2022Detailed filing. Detailed filing data is available for this year.$7.35$0.74$6.60$10.2$4.35$5.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.55$0.78$4.25$3.78$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.98$1.62$0.35$3.72$3.50$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.29$0.14$1.96$2.06$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.12$0.43$1.93$1.76$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.07$0.27$1.31$1.16$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.10$0.12$1.44$1.44$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.19$0.07$0.12$1.56$1.38$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.25$0.05$1.55$1.57$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.22$0.03$1.07
2012Summary only. Only limited summary data is available for this year.$0.03$0.15$0.12$0.76$0.88$0.12