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Nonprofiteer
← LOVE FOSTERS HOPE

Form 990 for tax year 2025

Filed by LOVE FOSTERS HOPE.

Totals

Total revenue
$784,038
Total expenses
$481,689
Contributions and grants received
$514,309
Grants paid
$0
Program service revenue
$0
Investment income
$21,169
Other revenue
$248,560
Total assets, end of year
$614,486
Total liabilities, end of year
$6,160
Net assets or fund balances, end of year
$608,326
Program services expenses (Part IX)
$329,496
Management and general expenses
$143,266
Fundraising expenses
$8,927
Program service expenses (Part III)
$329,496

Program services were 68.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $514,309

  • 3 · Investment income

    total $21,169

  • 8a · Fundraising events: gross income

    $385,944

  • 8a · Fundraising events: contributions included on line 1c

    $130,625

  • 8b · Fundraising events: direct expenses

    $137,384

  • 8c · Net income from fundraising events

    total $248,560

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $197,751 · program services $107,975 · management and general $89,776

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $8,401 · management and general $8,401

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $2,191 · management and general $2,191

  • 14 · Information technology

    total $6,076 · management and general $6,076

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $35,210 · program services $22,792 · management and general $12,418

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $479 · management and general $479

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $19,125 · management and general $19,125

  • 24a · Other expenses: Program Services

    total $193,347 · program services $193,347

  • 24b · Other expenses: Fundraising Expense

    total $8,927 · fundraising $8,927

  • 24c · Other expenses: Background Checks

    total $5,382 · program services $5,382

  • 24e · All other expenses

    total $4,800 · management and general $4,800

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150,126 · end of year $182,051

  • 2 · Savings and temporary cash investments

    beginning of year $161,266 · end of year $432,435

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,415 · end of year $6,160

  • 27 · Net assets without donor restrictions

    beginning of year $305,977 · end of year $608,326

Mission and programs · 2025

Mission

Love Fosters Hope is a Texas based Non-Profit Organization with many facets but one purpose To impact the lives of children and teens in foster care who have been abused, neglected or abandoned.

  • Summer Camps Love Fosters Hope host 4 summer camps for ages 7-19 that are uniquely designed to serve children and teens in foster care who have been abused, abandoned, and neglected. Volunteers are trauma trained and our goal is to create a healing enviroment where every child leaves camp knowing they are significant, valued, and they have hope. Kids are experiencing fun creating positive memories.

    Expenses $329,496

As filed on the 2025 return.

Listed in Part VII

  • Susan Watkins

    Chariman

    Total calculated
    $0
    Hours/week
    2
  • Monica Lawrence

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Andy Baker

    Member

    Total calculated
    $0
    Hours/week
    2
  • Collin Gallagher

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Mitch Hall

    Member

    Total calculated
    $0
    Hours/week
    2
  • Casey Heathcott

    Member

    Total calculated
    $0
    Hours/week
    2
  • Aron Tipton

    Member

    Total calculated
    $0
    Hours/week
    2
  • Michael Goodwin

    Board VP

    Total calculated
    $0
    Hours/week
    2
  • Bill Lawrence

    Member

    Total calculated
    $0
    Hours/week
    2
  • Jason Miller

    Member

    Total calculated
    $0
    Hours/week
    2
  • Kristi Horton

    Executive Director

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
24 March 2026
IRS schema version
2025v4.0
Source object
202610839349301666

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