Civic Intelligence

Foster Nation

990 • Fiscal year 2021 • EIN 85-2404828

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

11150 Santa Monica Blvd 1500Los Angeles, CA 90025

(310) 310-5759

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

64th percentile

$42,500

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Up

$579,670

Up $579,670 from 2020

Net Assets

Up

$568,640

Up $568,640 from 2020

Liabilities

$11,030

No earlier filing loaded for comparison.

Revenue

Up

$975,776

Up $975,776 from 2020

Expenses

$407,136

No earlier filing loaded for comparison.

Net Income

$568,640

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $0Net Assets 2020: $02020Assets 2021: $579,670Liabilities 2021: $11,030Net Assets 2021: $568,6402021Assets 2022: $853,736Liabilities 2022: $8,157Net Assets 2022: $845,5792022Assets 2023: $953,506Liabilities 2023: $30,134Net Assets 2023: $923,3722023Assets 2024: $919,379Liabilities 2024: $33,503Net Assets 2024: $885,8762024

Highlighted filing

2021

Assets$579,670
Liabilities$11,030
Net Assets$568,640

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $02020Revenue 2021: $975,776Expenses 2021: $407,136Net Income 2021: $568,6402021Revenue 2022: $795,181Expenses 2022: $518,242Net Income 2022: $276,9392022Revenue 2023: $782,996Expenses 2023: $705,390Net Income 2023: $77,6062023Revenue 2024: $671,256Expenses 2024: $708,513Net Income 2024: -$37,2572024

Highlighted filing

2021

Revenue$975,776
Expenses$407,136
Net Income$568,640
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$975,776
Mission and Program Overview

Mission

Foster nation engages and empowers the community to prepare, support and empower (see sch o) foster youth aging out of the system to be self-sufficient adults by providing resources, social support, and mentorship. Our main programs are 1) meal nation to address food insecurity; 2) careerx to help foster youth develop personal and professional skills necessary for adulthood; 3) the collective to raise awareness and advocate on behalf of foster youth while developing the next generation of impact leaders; and 4)defy impossible scholarship to create a career pathway into the beauty industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$579,670-
Rtn Earn Endowment Incm Other Fnds$0$568,640▲ $568,640
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$579,670▲ $579,670
Liabilities
Accounts Payable and Accrued Expenses-$11,030-
Total Liabilities$0$11,030▲ $11,030
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$568,640▲ $568,640
Total Liabilities and Net Assets / Fund Balance$0$579,670▲ $579,670
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maggie LinExecutive DirectorFT$42,500$42,500

Board Members and Trustees

NameTitle
Caroline KunitzPresident
Aaron ElsterDirector
Dave HermanDirector
Jacqueline ShamtoobDirector
Kate SomervilleDirector
Jeanne PritzkerSecretary
David MilkenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$975,776
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$975,776
Change in Net Assets
$568,640

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$100,000Fair Market Value (FMV)
Other Non Cash Contri Table6$71,838Fair Market Value (FMV)
Clothing and Household Goods-$15,447Fair Market Value (FMV)
Other Non Cash Contri Table1$10,000Fair Market Value (FMV)
Other Non Cash Contri Table9$1,104Fair Market Value (FMV)
Total Noncash Contributions17$198,389-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$279,835
Salaries, Compensation, and Employee Benefits$82,269
Other Expenses$45,032
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$279,835--$279,835
Current Officers, Directors, Trustees, and Key Employees-$42,500-$42,500
Other Salaries and Wages-$32,500-$32,500
Fees for Services Other-$16,447-$16,447
Office Expenses-$8,289-$8,289
Information Technology$6,645--$6,645
Payroll Taxes-$6,312-$6,312
Fees for Services Accounting-$3,425-$3,425
Insurance-$3,343-$3,343
Fees for Services Legal-$3,060-$3,060
Conferences and Meetings-$1,168-$1,168
Other Employee Benefits-$957-$957
Advertising-$514-$514
Travel-$192-$192
Other Expenses$128$518-$128
Total Functional Expenses$286,933$120,203$0$407,136
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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

David milken and maggie lin have a family relationship.

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

Form 990 review process the form 990 review process consists of the executive director working with the accountant to provide all requested information by grant thornton team. Once there is a draft, the form 990 is shared with the accountant and the board treasurer to review. Once finalized, the executive director moves forward with grant thornton team to file.

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

Conflict of interest policy annually all directors, officers, committee members and employees must disclose any interests that could give rise to conflicts. Any actual, potential, or apparent conflicts are referred to the president/secretary, and board of directors, who take appropriate action, when necessary. In case of any potential conflict or conflicts related to financial transactions the matter is presented to the board of directors, who take action in compliance with applicable federal law relevant to "excess benefit transitions and applicable california law. All persons who violate the policy under irs code section 4958 may be subject to discharge or removal from his/her position with the corporation by vote of directors.

Form 990, Part VI, Section C, Line 19

Availability of documents the governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Foster Nation
EIN
85-2404828
Phone
3103105759
Address
11150 SANTA MONICA BLVD 1500, LOS ANGELES, CA 90025

Signing Officer

Name
Maggie Lin
Title
Executive Director
Phone
3103105759
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maggie Lin
Formed
2020
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
538

Preparer

Firm
Grant Thornton Llp
Address
75 STATE ST 13TH FLOOR, BOSTON, MA 02109
Preparer
Erin Couture
Phone
6177237900
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION:

Foster nation engages and empowers the community to prepare, support and empower foster youth aging out of the system to be self-sufficient adults by providing resources, social support, and mentorship. Our main programs are: 1) meal nation to address food insecurity; 2) careerx to help foster youth develop personal and professional skills necessary for adulthood; 3) the collective to raise awareness and advocate on behalf of foster youth while developing the next generation of impact leaders; and 4) defy impossible scholarship to create a career pathway into the beauty industry.

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IRS990/Desc0MEAL NATION - FREE MEAL DELIVERY/PICK UP SERVICE TO FIGHT FOOD INSECURITY: DURING THE COVID-19 PANDEMIC, WE LAUNCHED THE MEAL NATION PROGRAM TO ADDRESS FOOD INSECURITY FOR FOSTER YOUTH STUDENTS IN COLLEGE. THIS WAS DONE BY PROVIDING YOUTH WITH FREE MEALS FOR 30-60-90 DAYS THAT CAN EITHER BE PICKED UP FROM A LOCAL RESTAURANT, THROUGH OUR PARTNERSHIP WITH BENTO, OR DELIVERED THROUGH OUR PARTNER FRESHLY. WE DISTRIBUTED 76,000+ MEALS TO OVER 2,000 FOSTER YOUTH. CURRENTLY, WE PARTNER DIRECTLY WITH COLLEGES AND UNIVERSITIES IN CALIFORNIA TO PROVIDE MEAL NATION AS AN EMERGENCY-BASED PROGRAM FOR FOSTER YOUTH STUDENTS IN GUARDIAN SCHOLAR PROGRAMS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0MILESTONE GIFTS - (WORKING NAME: SPARKS OF LOVE / BIG SPARKS) CELEBRATORY GIFTS TO CELEBRATE THE SMALL AND BIG MOMENTS IN LIFE: WE PROVIDE CELEBRATORY GIFTS FOR FOSTER YOUTH DURING IMPORTANT MILESTONES/EVENTS IN THEIR LIVES, SUCH AS HIGH SCHOOL OR COLLEGE GRADUATION, BACK TO SCHOOL, OR BIRTHDAYS. OUR GOAL IS TO REMIND YOUTH THAT THERE ARE ALWAYS PEOPLE WHO CARE ABOUT THEM AND ARE IN THEIR CORNER.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CAREERX - 6 TO 9 MONTH CAREER COACHING PROGRAM - IN DEVELOPMENT IN 2021: WE ENSURE FOSTER YOUTH HAVE EQUAL FOOTING WHEN THEY ENTER THE PROFESSIONAL WORLD BY MATCHING THEM WITH A DEDICATED ONE-ON-ONE CAREER COACH, AND PROVIDING THEM WITH CAREER READINESS TRAINING NECESSARY TO HELP THEM BECOME SELF-SUFFICIENT POST FOSTER CARE. OUR GOAL IS TO HELP FOSTER YOUTH DEVELOP FOUNDATIONAL LIFE AND PROFESSIONAL SKILLS NECESSARY TO ENTER THE REAL WORLD.
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0568640
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0975776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0975776
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0811869
IRS990ScheduleA/SubstantialContributorsTotAmt0163907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0975776
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0975776
IRS990ScheduleA/TotalSupportAmt0975776
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0PERSONAL CARE & WELL BEING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1PERSONAL CARE & WELL BEING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MEALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3PERSONAL CARE & WELL BEING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4KATE SOMERVILLE PRIZE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt060793
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt115998
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt2143860
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt357184
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt40
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0PERSONAL CARE PRODUCTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1TOOTHBRUSHES FOR ADULTS & CHILDREN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2BENTO MEALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc3SHOES & CLOTHING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt067
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt252
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt3300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt41
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc3FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc4FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCESS OF MONITORING OF GRANTS WE WORK WITH 57 COLLEGES IN THE STATE OF CALIFORNIA TO IDENTIFY THE FOSTER YOUTH THAT HAVE BASIC NEEDS FOR PERSONAL CARE, CLOTHING ITEMS, AND TOILETRIES TO HELP THEM GET THROUGH COLLEGE AND/OR CAREER. THE GUARDIAN SCHOLARS DIRECTORS AT EACH COLLEGE VERIFY THAT THE STUDENTS THAT ENROLL IN OUR SHOPPING DAYS IN LOS ANGELES COUNTY ARE INDEED CURRENT OR FORMER FOSTER YOUTH. WITH THE MEAL NATION PROGRAM, WE WORK WITH EACH COLLEGE'S GUARDIAN SCHOLARS DIRECTOR TO IDENTIFY FOSTER YOUTH WHO ARE FACING FOOD INSECURITY, WHICH WAS NEARLY ALL THE FOSTER YOUTH IN COLLEGE DURING COVID-19 WHEN SCHOOLS SHUT DOWN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt015447
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt06
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt29
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0PERSONAL CARE & WELL BEING
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1MEALS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2LAPTOP
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt071838
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt110000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt21104
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0100000
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0NUMBER OF CONTRIBUTORS ALL NUMBERS LISTED IN COLUMN B REFER TO THE NUMBER OF CONTRIBUTORS.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE M, PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOSTER NATION ENGAGES AND EMPOWERS THE COMMUNITY TO PREPARE, SUPPORT AND EMPOWER FOSTER YOUTH AGING OUT OF THE SYSTEM TO BE SELF-SUFFICIENT ADULTS BY PROVIDING RESOURCES, SOCIAL SUPPORT, AND MENTORSHIP. OUR MAIN PROGRAMS ARE: 1) MEAL NATION TO ADDRESS FOOD INSECURITY; 2) CAREERX TO HELP FOSTER YOUTH DEVELOP PERSONAL AND PROFESSIONAL SKILLS NECESSARY FOR ADULTHOOD; 3) THE COLLECTIVE TO RAISE AWARENESS AND ADVOCATE ON BEHALF OF FOSTER YOUTH WHILE DEVELOPING THE NEXT GENERATION OF IMPACT LEADERS; AND 4) DEFY IMPOSSIBLE SCHOLARSHIP TO CREATE A CAREER PATHWAY INTO THE BEAUTY INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAVID MILKEN AND MAGGIE LIN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEW PROCESS THE FORM 990 REVIEW PROCESS CONSISTS OF THE EXECUTIVE DIRECTOR WORKING WITH THE ACCOUNTANT TO PROVIDE ALL REQUESTED INFORMATION BY GRANT THORNTON TEAM. ONCE THERE IS A DRAFT, THE FORM 990 IS SHARED WITH THE ACCOUNTANT AND THE BOARD TREASURER TO REVIEW. ONCE FINALIZED, THE EXECUTIVE DIRECTOR MOVES FORWARD WITH GRANT THORNTON TEAM TO FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY ANNUALLY ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND EMPLOYEES MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE PRESIDENT/SECRETARY, AND BOARD OF DIRECTORS, WHO TAKE APPROPRIATE ACTION, WHEN NECESSARY. IN CASE OF ANY POTENTIAL CONFLICT OR CONFLICTS RELATED TO FINANCIAL TRANSACTIONS THE MATTER IS PRESENTED TO THE BOARD OF DIRECTORS, WHO TAKE ACTION IN COMPLIANCE WITH APPLICABLE FEDERAL LAW RELEVANT TO "EXCESS BENEFIT TRANSITIONS AND APPLICABLE CALIFORNIA LAW. ALL PERSONS WHO VIOLATE THE POLICY UNDER IRS CODE SECTION 4958 MAY BE SUBJECT TO DISCHARGE OR REMOVAL FROM HIS/HER POSITION WITH THE CORPORATION BY VOTE OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABILITY OF DOCUMENTS THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt0579670
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0579670
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0975776
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120203
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0286933
IRS990/TotalFunctionalExpensesGrp/TotalAmt0407136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt011030
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt011030
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0568640
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0288
IRS990/TotalProgramServiceExpensesAmt0286933
IRS990/TotalReportableCompFromOrgAmt042500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0975776
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0538
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0579670
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0192
IRS990/TravelGrp/TotalAmt0192
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011150 SANTA MONICA BLVD 1500
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090025
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0FOSTERNATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z

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