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Nonprofiteer
← CHILDRENS FOUNDATION OF AMERICA

Form 990 for tax year 2022

Filed by CHILDRENS FOUNDATION OF AMERICA.

Totals

Total revenue
$581,980
Total expenses
$508,021
Contributions and grants received
$638,504
Grants paid
$182,997
Program service revenue
$0
Investment income
$0
Other revenue
-$56,524
Total assets, end of year
$648,832
Total liabilities, end of year
$232,737
Net assets or fund balances, end of year
$416,095
Program services expenses (Part IX)
$477,588
Management and general expenses
$23,806
Fundraising expenses
$6,627
Program service expenses (Part III)
$477,588

Program services were 94.0% 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.

  • 1c · Fundraising events

    $207,868

  • 1f · All other contributions, gifts and grants

    $430,636

  • 1g · Noncash contributions included above

    $215,909

  • 8a · Fundraising events: gross income

    $0

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

    $207,868

  • 8b · Fundraising events: direct expenses

    $56,524

  • 8c · Net income from fundraising events

    total -$56,524 · excluded -$56,524

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $146,501 · program services $146,501

  • 2 · Grants to domestic individuals

    total $36,496 · program services $36,496

  • 11a · Fees: management

    total $14,700 · management and general $14,700

  • 11c · Fees: accounting

    total $8,400 · management and general $8,400

  • 12 · Advertising and promotion

    total $3,451 · fundraising $3,451

  • 14 · Information technology

    total $10,576 · program services $10,576

  • 16 · Occupancy

    total $30,422 · program services $30,422

  • 19 · Conferences, conventions and meetings

    total $4,179 · program services $4,179

  • 23 · Insurance

    total $761 · program services $761

  • 24a · Other expenses: IN-KIND GIFTS

    total $215,908 · program services $215,908

  • 24b · Other expenses: EQUIPMENT LEASE

    total $22,621 · program services $22,621

  • 24c · Other expenses: DONATION PROCESSING FEE

    total $2,976 · program services $2,976

  • 24d · Other expenses: BUILDING EXPENSE

    total $2,760 · program services $2,760

  • 24e · All other expenses

    total $8,270 · program services $4,388 · management and general $706 · fundraising $3,176

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $433,683 · end of year $419,543

  • 8 · Inventories for sale or use

    beginning of year $6,660 · end of year $14,528

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,370 · end of year $2,500

  • 15 · Other assets

    beginning of year $2,249 · end of year $212,261

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,732 · end of year $7,846

  • 19 · Deferred revenue

    beginning of year $85,000

  • 25 · Other liabilities

    beginning of year $17,094 · end of year $224,891

  • 27 · Net assets without donor restrictions

    beginning of year $342,136 · end of year $416,095

Mission and programs · 2022

Mission

CHILDREN'S FOUNDATION OF AMERICA (THE FOUNDATION) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO RAISE FUNDS AND PROVIDE SUPPORT TO CHILDREN IN NEED. THE PRIMARY GOAL OF THE FOUNDATION IS TO IDENTIFY AND ACCESS RESOURCES TO SUPPORT FOSTER CARE, RESIDENTIAL TREATMENT, AND EDUCATION PROGRAMS OF THE HIGHEST QUALITY SO THAT CHILDREN WHO HAVE BEEN THE VICTIMS OF ABUSE, NEGLECT, OR ABANDONMENT MAY LEAD HEALTHY, PRODUCTIVE LIVES.

Activities or mission (Part I)

TO PROVIDE AN OPPORTUNITY FOR EVERY PERSON TO HELP CHILDREN HEAL, LEARN AND THRIVE.

  • TO RAISE FUNDS THROUGH VOLUNTEER OPPORTUNITIES, AWARENESS CAMPAIGNS, COLLECTION DRIVES AND CARE PACKAGE ASSEMBLY, SCHOLARSHIPS AND GRANTS TO SUPPORT CHILDREN IN FOSTER CARE, SHELTERS, AND UNDERSERVED COMMUNITIES.

    Expenses $477,588 · Grants $182,997

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cher Ofstedahl

    CEO

    Total calculated
    $208,188
    From this org
    $0
    From related orgs
    $189,542
    Other
    $18,646
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,810 related
    Bonus
    $0 + $2,732 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,646 related
    Filer's total
    $0 + $208,188 related

  • John Neiuber

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Danny Keshshian

    VICE/CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Ashley Adams

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Laura Chaidez

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Christina Jackson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Carla Kingsbury

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sharon Nagel

    MEMBER

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
7 May 2024
IRS schema version
2022v5.0
Source object
202441369349312609

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