Civic Intelligence

Foster Florida Inc.

990 • Fiscal year 2022 • EIN 83-1779869

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 19, 2023

3525 NW 14th AveGainesville, FL 32605-4824

(352) 448-5846

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$35,100

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

56th percentile

4.8%

Faster asset growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

33%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$171,790

Up $7,877 (+4.8%) from 2021

Net Assets

Up

$171,790

Up $7,877 (+4.8%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$316,179

Up $78,779 (+33%) from 2021

Expenses

Up

$237,775

Up $111,000 (+88%) from 2021

Net Income

Down

$78,404

Down $32,221 (-29%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $19,880Liabilities 2019: $0Net Assets 2019: $19,8802019Assets 2020: $53,288Liabilities 2020: $0Net Assets 2020: $53,2882020Assets 2021: $163,913Liabilities 2021: $0Net Assets 2021: $163,9132021Assets 2022: $171,790Liabilities 2022: $0Net Assets 2022: $171,7902022Assets 2023: $235,009Liabilities 2023: $25,621Net Assets 2023: $209,3882023Assets 2024: $208,779Liabilities 2024: $32,529Net Assets 2024: $176,2502024

Highlighted filing

2022

Assets$171,790
Liabilities$0
Net Assets$171,790

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $84,511Expenses 2019: $76,022Net Income 2019: $8,4892019Revenue 2020: $132,028Expenses 2020: $98,620Net Income 2020: $33,4082020Revenue 2021: $237,400Expenses 2021: $126,775Net Income 2021: $110,6252021Revenue 2022: $316,179Expenses 2022: $237,775Net Income 2022: $78,4042022Revenue 2023: $556,062Expenses 2023: $518,464Net Income 2023: $37,5982023Revenue 2024: $382,268Expenses 2024: $415,456Net Income 2024: -$33,1882024

Highlighted filing

2022

Revenue$316,179
Expenses$237,775
Net Income$78,404
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 19, 2023
Return Version
2022v5.0
Gross Receipts
$373,435
Mission and Program Overview

Mission

To rally the community around families fostering or adopting from the domestic foster care system by providing meals, childcare, and urgent supportensuring they have what they need to keep saying yes to children in need.

The organization exists to recruit, equip and retain strong front line foster families by empowering and mobilizing the community and church to provide wrap around care and resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$163,913$171,790▲ $7,877
Cash and Non-Interest-Bearing Accounts$163,913$161,772▼ $2,141
Savings and Temporary Cash Investments-$10,018-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$163,913$171,790▲ $7,877
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$163,913$171,790▲ $7,877
Total Liabilities and Net Assets / Fund Balance$163,913$171,790▲ $7,877
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristy SuttonVice PresidentPT$34,500$600$35,100
Lacy BasfordPresidentPT$34,500$600$35,100
Jonathan BasfordTreasurerPT-$300$300

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$324,229
Program Service Revenue
$36,701
Investment Income
$19
Other Revenue
$-44,770
All Other Contributions
$211,471
Change in Net Assets
$78,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,866
Other Expenses$73,450
Grants and Similar Amounts Paid$29,459
Total Fundraising Expense$27,351
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$23,500$23,500$23,500$70,500
Other Salaries and Wages$44,860--$44,860
Grants to Domestic Individuals$29,459--$29,459
Payroll Taxes$11,204$3,851$3,851$18,906
Office Expenses$5,763$6,257-$12,020
Other Expenses$7,994$13,946-$7,994
Fees for Services Accounting$770$836-$1,606
Advertising$673$730-$1,403
Occupancy$578$627-$1,205
Travel$458$497-$955
Conferences and Meetings$301$327-$628
Other Employee Benefits$600--$600
Total Functional Expenses$159,853$50,571$27,351$237,775
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$57,256
Fundraising Gross Income$12,486
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Make Room Ocala$36,208-$8,250-
Make Room$81,042$12,486$8,250$4,236
Total Events$117,250$12,486$57,256$-44,770
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jonathan BasfordDirector and OfficerEmployment Payment to Family MemberNo$35,100
Stephen Zach SuttonDirector and OfficerEmployment Payment to Family MemberNo$35,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
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

Board members lacy basford and jonathan basford have a familial relationship. Board members kristy sutton and stephen sutton have a familial relationship.

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

The completed form 990 is reviewed by the board, and revised as needed, prior to filing.

Form 990, Part VI, Section B, Line 15

The salary of officers or key employees of the organization are derived from the following: 1) comparisons with similar positions 2) board approval, as shown in the meeting minutes 3) non-independent members abstaining from voting on the compensation 4) review of the florida nonprofit alliance compensation and benefits report 5) review of forms 990 of similar organizations and 5) financial prudence to the overall budget.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflicts of interest policy and 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Foster Florida Inc
EIN
83-1779869
Phone
3524485846
Address
3525 NW 14TH AVE, GAINESVILLE, FL 32605-4824

Signing Officer

Name
Jonathan Basford
Title
Treasurer
Phone
3524485846
Signed
2023-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Basford
Formed
2018
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
3
Employees
5
Volunteers
1,367

Preparer

Firm
James Moore & Co Pl
Address
5931 NW 1ST PL, GAINESVILLE, FL 32607-2063
Preparer
Corinne Laroche
Phone
3523781331
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt036208
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt057256
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MAKE ROOM
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MAKE ROOM OCALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt026545
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt026545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt081042
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036208
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0117250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012486
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012486
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-44770
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016500
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08250
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08250
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt013211
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014211
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DIRECT SUPPORT TO FOSTER FAMILIES AND CHILDREN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt029459
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0CLOTHING, FOOD, AND OTHER NECESSITIES.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0870
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WORKS DIRECTLY WITH THE FOSTER FAMILIES AND CHILDREN, THUS IT IS ABLE TO ENSURE THE GOODS AND FUNDS ARE USED FOR THE INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JONATHAN BASFORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1STEPHEN ZACH SUTTON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR AND OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR AND OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt035100
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt135100
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYMENT PAYMENT TO FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1EMPLOYMENT PAYMENT TO FAMILY MEMBER
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE FAMILY MEMBERS OF THE INTERESTED PERSONS ARE EMPLOYED BY THE ORGANIZATION. THE SALARIES OF EACH FAMILY MEMBERS ARE DETERMINED BY THE INDEPENDENT BOARD MEMBERS AND EXECUTED AT ARM'S LENGTH.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L PART V
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS LACY BASFORD AND JONATHAN BASFORD HAVE A FAMILIAL RELATIONSHIP. BOARD MEMBERS KRISTY SUTTON AND STEPHEN SUTTON HAVE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED FORM 990 IS REVIEWED BY THE BOARD, AND REVISED AS NEEDED, PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SALARY OF OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION ARE DERIVED FROM THE FOLLOWING: 1) COMPARISONS WITH SIMILAR POSITIONS 2) BOARD APPROVAL, AS SHOWN IN THE MEETING MINUTES 3) NON-INDEPENDENT MEMBERS ABSTAINING FROM VOTING ON THE COMPENSATION 4) REVIEW OF THE FLORIDA NONPROFIT ALLIANCE COMPENSATION AND BENEFITS REPORT 5) REVIEW OF FORMS 990 OF SIMILAR ORGANIZATIONS AND 5) FINANCIAL PRUDENCE TO THE OVERALL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND 990 AVAILABLE UPON REQUEST.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163913
IRS990/TotalAssetsEOYAmt0171790
IRS990/TotalAssetsGrp/BOYAmt0163913
IRS990/TotalAssetsGrp/EOYAmt0171790
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0324229
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027351
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159853
IRS990/TotalFunctionalExpensesGrp/TotalAmt0237775
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0163913
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0171790
IRS990/TotalOtherCompensationAmt01500
IRS990/TotalProgramServiceExpensesAmt0159853
IRS990/TotalProgramServiceRevenueAmt036701
IRS990/TotalReportableCompFromOrgAmt069000
IRS990/TotalRevenueGrp/ExclusionAmt0-44751
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036701
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0316179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01367
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0163913
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0171790
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0497
IRS990/TravelGrp/ProgramServicesAmt0458
IRS990/TravelGrp/TotalAmt0955
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03525 NW 14TH AVE
IRS990/USAddress/CityNm0GAINESVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0326054824
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.FOSTERFLORIDA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN BASFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03524485846
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOSTER FLORIDA INC
ReturnHeader/Filer/BusinessNameControlTxt0FOST
ReturnHeader/Filer/EIN0831779869
ReturnHeader/Filer/PhoneNum03524485846
ReturnHeader/Filer/USAddress/AddressLine1Txt03525 NW 14TH AVE
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL

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