Skip to content
Nonprofiteer
← FOSTER NATION

Form 990 for tax year 2022

Filed by FOSTER NATION.

Totals

Total revenue
$795,181
Total expenses
$518,242
Contributions and grants received
$792,276
Grants paid
$178,727
Program service revenue
$0
Investment income
$2,905
Other revenue
$0
Total assets, end of year
$853,736
Total liabilities, end of year
$8,157
Net assets or fund balances, end of year
$845,579
Program services expenses (Part IX)
$381,796
Management and general expenses
$125,357
Fundraising expenses
$11,089
Program service expenses (Part III)
$381,796

Program services were 73.7% 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

    $792,276

  • 1g · Noncash contributions included above

    $149,277

  • 3 · Investment income

    total $2,905 · excluded $2,905

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $178,727 · program services $178,727

  • 5 · Compensation of officers, directors and key employees

    total $85,000 · program services $42,500 · management and general $42,500

  • 7 · Other salaries and wages

    total $83,696 · program services $62,772 · management and general $20,924

  • 9 · Other employee benefits

    total $1,526 · management and general $1,526

  • 10 · Payroll taxes

    total $14,486 · management and general $14,486

  • 11b · Fees: legal

    total $3,000 · management and general $3,000

  • 11c · Fees: accounting

    total $2,425 · management and general $2,425

  • 11g · Fees: other

    total $24,782 · program services $15,731 · management and general $9,051

  • 12 · Advertising and promotion

    total $250 · management and general $250

  • 13 · Office expenses

    total $11,482 · program services $52 · management and general $11,430

  • 14 · Information technology

    total $14,948 · program services $14,430 · management and general $518

  • 17 · Travel

    total $4,028 · program services $93 · management and general $3,935

  • 19 · Conferences, conventions and meetings

    total $59,206 · program services $55,101 · management and general $4,105

  • 23 · Insurance

    total $4,289 · management and general $4,289

  • 24a · Other expenses: GRANT WRITING EXPENSES

    total $12,390 · program services $12,390

  • 24b · Other expenses: FUNDRAISING EXPENSES

    total $11,089 · fundraising $11,089

  • 24c · Other expenses: MERCHANT FEE

    total $6,918 · management and general $6,918

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $579,670 · end of year $240,831

  • 11 · Investments: publicly traded securities

    end of year $612,905

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,030 · end of year $8,157

  • 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 $568,640 · end of year $845,579

Mission and programs · 2022

Mission

SEE SCHEDULE O

Activities or mission (Part I)

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) CAREERX TO HELP FOSTER YOUTH DEVELOP PERSONAL AND PROFESSIONAL SKILLS NECESSARY FOR ADULTHOOD; 2) THE ESSENTIALS TO HELP BUILD CONFIDENCE IN FOSTER YOUTH BY PROVIDING ESSENTIAL RESOURCES; 3) MEAL NATION TO ADDRESS FOOD INSECURITY; 4) THE COLLECTIVE TO RAISE AWARENESS AND ADVOCATE ON BEHALF OF FOSTER YOUTH WHILE DEVELOPING THE NEXT GENERATION OF IMPACT LEADERS; AND 5) DEFY IMPOSSIBLE SCHOLARSHIP TO CREATE A CAREER PATHWAY INTO THE BEAUTY INDUSTRY.

  • THE ESSENTIALS - (PREVIOUSLY SHOPPING DAYS OR BASIC NEEDS) FREE SHOPPING DAYS FOR FOSTER YOUTH: WE HELP BUILD CONFIDENCE IN FOSTER YOUTH BY PROVIDING ESSENTIAL RESOURCES VIA FREE POP-UP SHOPPING DAYS FOR YOUTH TO SHOP FOR PROFESSIONAL AND CASUAL CLOTHING, TOILETRIES, BEAUTY PRODUCTS, AND ACCESSORIES. OUR GOAL IS TO ENSURE FOSTER YOUTH FEEL CONFIDENT AS THEY PURSUE THEIR PROFESSIONAL AND EDUCATIONAL DREAMS.

    Expenses $181,400 · Grants $178,727

  • CAREERX - 6 MONTH CAREER COACHING PROGRAM: 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. WE BELIEVE THAT ONE MEANINGFUL CONNECTION CAN CHANGE YOUR LIFE.

    Expenses $139,016

  • MEAL 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.

    Expenses $39,819

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $21,561

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Maggie Lin

    EXECUTIVE DIRECTOR

    Total calculated
    $85,000
    From this org
    $85,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Caroline Kunitz

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • David Milken

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Aaron Elster

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Jeanne Pritzker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dave Herman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jacqueline Shamtoob

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kate Somerville

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joy Taylor

    DIRECTOR (AS OF 01/26/2022)

    Total calculated
    $0
    Hours/week
    2

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
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349318276

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.