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Nonprofiteer
← FOSTERING HOPE

Form 990 for tax year 2024

Filed by FOSTERING HOPE.

Totals

Total revenue
$262,742
Total expenses
$155,171
Contributions and grants received
$212,223
Grants paid
$0
Program service revenue
$0
Investment income
$408
Other revenue
$50,111
Total assets, end of year
$267,080
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$267,080
Program services expenses (Part IX)
$147,986
Management and general expenses
$6,935
Fundraising expenses
$250
Program service expenses (Part III)
$147,986

Program services were 95.4% 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

    $212,223

  • 3 · Investment income

    total $408 · excluded $408

  • 8a · Fundraising events: gross income

    $83,970

  • 8b · Fundraising events: direct expenses

    $33,859

  • 8c · Net income from fundraising events

    total $50,111 · excluded $50,111

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $3,023 · program services $3,023

  • 11c · Fees: accounting

    total $7,010 · management and general $6,910 · fundraising $100

  • 11g · Fees: other

    total $600 · program services $450 · fundraising $150

  • 12 · Advertising and promotion

    total $5,910 · program services $5,910

  • 13 · Office expenses

    total $2,140 · program services $2,140

  • 16 · Occupancy

    total $39,932 · program services $39,932

  • 17 · Travel

    total $67 · program services $67

  • 23 · Insurance

    total $903 · program services $903

  • 24a · Other expenses: CLOSET SUPPLIES

    total $70,479 · program services $70,479

  • 24b · Other expenses: REIMBURSED EXPENSES

    total $15,695 · program services $15,695

  • 24c · Other expenses: MEALS

    total $2,282 · program services $2,282

  • 24d · Other expenses: DONATIONS

    total $2,049 · program services $2,049

  • 24e · All other expenses

    total $5,081 · program services $5,056 · management and general $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $159,509 · end of year $209,768

  • 2 · Savings and temporary cash investments

    end of year $57,312

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $159,509 · end of year $267,080

Mission and programs · 2024

Mission

FOSTERING HOPE WANTS TO PROVIDE AN EXCHANGE OF RESOURCES TO THOSE WHO ARE WILLING AND ABLE TO TURN THEIR FAMILIES INTO FOSTER FAMILIES. THE ORGANIZATION WORKS WITH GENERAL, KINSHIP, PRE/POST ADOPTIVE, FOSTER YOUTH WHO HAVE AGED OUT OF THE SYSTEM AND FIRST FAMILIES ON SAFETY PLANS. WE BELIEVE IN HEALTHY REUNIFICATION AND STRIVE TO HELP MAKE THAT POSSIBLE WHEN WE CAN.

Activities or mission (Part I)

FOSTERING HOPE IS A VOLUNTEER-RUN, DONATION-BASED 501(C)(3) ORGANIZATION THAT SERVES THE FOSTER CARE COMMUNITY. OUR MISSION IS TO EMPOWER YOUTH EXPERIENCING FOSTER CARE, NURTURE FAMILIES, AND RESTORE DIGNITY TO EVERY CHILD WE SERVE. OUR GOALS ARE TO REDUCE BARRIERS THAT STAND IN THE WAY OF PEOPLE OPENING THEIR HEARTS AND HOMES TO FOSTERING AND TO MAKE THE TRANSITION INTO THE FOSTER CARE SYSTEM LESS TRAUMATIC FOR CHILDREN. WE PROVIDE FREE RESOURCES TO FOSTER FAMILIES, KINSHIP CARE FAMILIES, PRE- AND POST-ADOPTIVE FAMILIES, BIOLOGICAL FAMILIES ON SAFETY PLANS WITH THEIR LOCAL CHILD WELFARE OFFICE, AND YOUNG ADULTS WHO HAVE RECENTLY AGED OUT. THROUGH COMPREHENSIVE SUPPORT, ADVOCACY, AND COMPASSIONATE CARE, WE ARE COMMITTED TO CREATING A WORLD WHERE EVERY CHILD EXPERIENCING FOSTER CARE FEELS VALUED, CHERISHED, AND EQUIPPED TO THRIVE.

  • FOSTERING HOPE IS A VOLUNTEER RUN, 501(C) (3) NONPROFIT, DEDICATED TO OFFERING MEANINGFUL HELP TO FOSTER FAMILIES AND CHILDREN IN PENNSYLVANIA

    Expenses $147,986

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alyssa Duorte

    DIRECTOR OF OPERATIONS

    Total calculated
    $0
    Hours/week
    10
  • Michelle Filling-Brown

    DIRECTOR OF FINANCE

    Total calculated
    $0
    Hours/week
    10
  • Sarah Alstrom

    DIRECTOR OF ADMINISTRATION

    Total calculated
    $0
    Hours/week
    10
  • Mary Mundy

    DIRECTOR OF OUTREACH

    Total calculated
    $0
    Hours/week
    10

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
2024
Filed
25 February 2025
IRS schema version
2024v5.0
Source object
202520619349300607

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