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Nonprofiteer
← I FOSTER INC

Form 990 for tax year 2024

Filed by I FOSTER INC.

Totals

Total revenue
$7,973,676
Total expenses
$9,746,019
Contributions and grants received
$7,205,263
Grants paid
$2,786,250
Program service revenue
$688,352
Investment income
$80,061
Other revenue
$0
Total assets, end of year
$2,878,774
Total liabilities, end of year
$436,477
Net assets or fund balances, end of year
$2,442,297
Program services expenses (Part IX)
$8,322,818
Management and general expenses
$1,408,772
Fundraising expenses
$14,429
Program service expenses (Part III)
$8,322,818

Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Serita Cox

    CEO

    Total calculated
    $344,126
    From this org
    $297,451
    From related orgs
    $0
    Other
    $46,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $296,951
    Bonus
    $500
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $16,175
    Filer's total
    $344,126

  • Robert Beaudry

    Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Ryan Kelly

    Board Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Keirsten Taillon

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ann Ferrell Tata

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Neil Walsh

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Shelley Bailley

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Reid Cox

    CFO

    Total calculated
    $276,167
    From this org
    $246,790
    From related orgs
    $0
    Other
    $29,377
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,290
    Bonus
    $500
    Other
    $0
    Deferred
    $10,026
    Nontaxable benefits
    $19,350
    Filer's total
    $276,166

  • Jill Bloch

    Director of Strategic Partnerships

    Total calculated
    $123,839
    From this org
    $119,076
    From related orgs
    $0
    Other
    $4,763
    Hours/week
    40

  • Mike Maxfield

    Controller

    Total calculated
    $113,449
    From this org
    $113,449
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Summer Rogers

    West Coast Director

    Total calculated
    $122,240
    From this org
    $106,868
    From related orgs
    $0
    Other
    $15,372
    Hours/week
    40

  • Meredith Jaremchuk

    COO

    Total calculated
    $120,141
    From this org
    $108,650
    From related orgs
    $0
    Other
    $11,491
    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. 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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

  • AidKit Inc

    $2,786,250

    Passthrough funds for disbursement to individuals enrolled in a guaranteed income pilot in the state of California.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611349349312461

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