Form 990 for tax year 2024
Filed by FOSTERING LIFE-CHANGING OPPORTUNITIES.
Totals
- Total revenue
- $1,859,673
- Total expenses
- $1,301,292
- Contributions and grants received
- $1,868,955
- Grants paid
- $133,440
- Program service revenue
- $0
- Investment income
- $1,765
- Other revenue
- -$11,047
- Total assets, end of year
- $4,391,571
- Total liabilities, end of year
- $204,556
- Net assets or fund balances, end of year
- $4,187,015
- Program services expenses (Part IX)
- $1,021,658
- Management and general expenses
- $275,136
- Fundraising expenses
- $4,498
- Program service expenses (Part III)
- $1,021,658
Program services were 78.5% 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
$19,325
-
1f · All other contributions, gifts and grants
$1,849,630
-
1g · Noncash contributions included above
$750
-
3 · Investment income
total $1,765 · excluded $1,765
-
8a · Fundraising events: gross income
$7,422
-
8a · Fundraising events: contributions included on line 1c
$19,325
-
8b · Fundraising events: direct expenses
$18,469
-
8c · Net income from fundraising events
total -$11,047 · excluded -$11,047
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $133,440 · program services $133,440
-
5 · Compensation of officers, directors and key employees
total $87,155 · program services $67,388 · management and general $19,767
-
7 · Other salaries and wages
total $564,707 · program services $435,425 · management and general $129,282
-
8 · Pension plan contributions
total $21,793 · program services $16,850 · management and general $4,943
-
9 · Other employee benefits
total $37,474 · program services $29,278 · management and general $8,196
-
10 · Payroll taxes
total $52,875 · program services $41,783 · management and general $11,092
-
11c · Fees: accounting
total $19,960 · management and general $19,960
-
11g · Fees: other
total $4,800 · management and general $4,800
-
13 · Office expenses
total $4,408 · management and general $4,408
-
14 · Information technology
total $31,820 · management and general $31,820
-
16 · Occupancy
total $81,488 · program services $81,488
-
17 · Travel
total $10,025 · program services $8,731 · management and general $1,294
-
19 · Conferences, conventions and meetings
total $2,630 · management and general $2,630
-
22 · Depreciation, depletion and amortization
total $23,959 · program services $23,959
-
23 · Insurance
total $36,511 · program services $15,260 · management and general $21,251
-
24a · Other expenses: $AVES AND MENTORS PROGR
total $78,800 · program services $78,800
-
24b · Other expenses: FLOURISH SCHOLARSHIPS
total $32,428 · program services $32,428
-
24c · Other expenses: HOUSING STABILITY PROGR
total $24,697 · program services $24,697
-
24d · Other expenses: PROJECT HOMELESS CONNEC
total $11,831 · program services $11,831
-
24e · All other expenses
total $40,491 · program services $20,300 · management and general $15,693 · fundraising $4,498
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $902,007 · end of year $300,119
-
2 · Savings and temporary cash investments
end of year $701,766
-
3 · Pledges and grants receivable
beginning of year $2,523,486 · end of year $3,065,430
-
9 · Prepaid expenses and deferred charges
beginning of year $8,501 · end of year $17,427
-
10a · Land, buildings and equipment: cost or other basis
$407,932
-
10b · Land, buildings and equipment: accumulated depreciation
$101,103
-
10c · Land, buildings and equipment, net
beginning of year $306,572 · end of year $306,829
-
17 · Accounts payable and accrued expenses
beginning of year $111,638 · end of year $204,556
-
27 · Net assets without donor restrictions
beginning of year $3,598,728 · end of year $2,819,704
-
28 · Net assets with donor restrictions
beginning of year $30,200 · end of year $1,367,311
Mission and programs · 2024
Mission
TO PROVIDE SUPPORTIVE SERVICES, EDUCATION, AND FINANCIAL ASSISTANCE TO YOUTH AND FAMILIES WHO ARE EXPERIENCING SOCIO-ECONOMIC BARRIERS TO WELL-BEING AND/OR ECONOMIC MOBILITY.
Activities or mission (Part I)
WEAVING RESOURCES AND RELATIONSHIPS TOGETHER SO ALL YOUTH FLOURISH.
-
THE FLOURISH HOME ('FLOME') - TRANSITIONAL HOUSINGIN 2020, THE FLOURISH HOME OPENED FOR OPERATION WITH CAPACITY TO PROVIDE UP TO 6 YOUTH (AGES 16-19) EMERGENCY SHELTER AND/OR TRANSITIONAL LIVING SERVICES, DEPENDING ON THEIR INDIVIDUAL HOUSING NEEDS. POLICIES AND PROCEDURES ARE IN PLACE FOR CLIENT REFERRAL, INTAKE, ASSESSMENT, CASE MANAGEMENT, AND DISCHARGE. RESIDENTS PARTICIPATE IN OTHER FLO AND/OR COMMUNITY PROGRAM ACTIVITIES AS THOSE ARE APPLICABLE, BASED ON THEIR CASE MANAGEMENT GOALS. GOALS ARE DEVELOPED BASED ON BIO-PSYCHO-SOCIAL ASSESSMENTS AND WITH INPUT FROM YOUTH AND THEIR OTHER SUPPORT SYSTEMS. EACH RESIDENT HAS THEIR OWN BEDROOM AND IS ASSIGNED CHORES TO HELP MAINTAIN A CLEAN, SAFE, STRUCTURED ENVIRONMENT WITH SUPERVISION FROM QUALIFIED, CARING HOUSE PARENTS. IN 2023, WITH LOWER-LEVEL RENOVATIONS COMPLETE AND THANKS TO A YHDP JOINT COMPONENT GRANT FOR TRANSITIONAL HOUSING, THE FLOME STAFFING AND UNITS WERE EXPANDED TO SERVE 10 YOUTH AGES 16-24. TRANSITIONAL HOUSING OPERATES 24/7, 365.
Expenses $722,555
-
SCHOLARSHIPSFLOURISH'S FIRST FORMAL SCHOLARSHIP PROGRAM BEGAN IN 2020. ALTHOUGH THERE ARE MULTIPLE PROGRAMS SHAPED UNIQUELY FOR TRADE, TECHNICAL, LICENSING, CERTIFICATE, 2-YEAR OR 4-YEAR DEGREE-SEEKING STUDENTS, THE GOAL IS THE SAME--TO REDUCE SOCIO-ECONOMIC BARRIERS AND INCREASE ACCESS TO POSTSECONDARY EDUCATION OPPORTUNITIES FOR STUDENTS OF COLOR IN THE BOONE COUNTY AREA. IN ADDITION TO SCHOLARSHIPS, STUDENTS ARE PROVIDED PERSONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES MADE AVAILABLE THROUGH GROUP MEETINGS, ONE-ON-ONE MEETINGS, OR VIRTUAL PRESENTATIONS. SOME SELECTED SCHOLARSHIP RECIPIENTS ARE ALSO PAIRED WITH MENTORS TO INCREASE THEIR PROFESSIONAL SUPPORT NETWORK AND HELP THEM MEET UNIQUE ACADEMIC/CAREER-RELATED GOALS. PREP INTERNS BEGAN TO BE AWARDED SCHOLARSHIP FUNDS AT THE END OF THEIR PROGRAM BASED ON SUCCESSFUL COMPLETION IN 2022. SCHOLARSHIP FUNDS ARE ALLOCATED IN LINE WITH 529-ELIGIBLE EXPENSES, WITH A CERTAIN PORTION POTENTIALLY BEING MADE AVAILABLE FOR MORE FLEXIBLE SPENDING THAT FALLS INTO A BASIC NEEDS EXPENSE CATEGORY.
Expenses $164,137 · Grants $131,709
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$AVES THE STUDENTS ACHIEVING VALUABLE EDUCATIONAL SAVINGS ($AVES) PROGRAM CONSISTS OF STAFF WORKING WITH ELIGIBLE STUDENTS TO EARN DEPOSITS INTO A HIGHER EDUCATION SAVINGS ACCOUNT BY PARTICIPATING AND LOGGING THEIR POSITIVE YOUTH DEVELOPMENT ACTIVITIES. IN 2022, $AVES ELIGIBILITY EXPANDED FROM ONLY HIGH SCHOOL STUDENTS TO STUDENTS IN GRADES 5-12 AND IN 2023, FLO ENDED THE PARTNERSHIP WITH SEED SUCCESS/MOST 529 TO MANAGE THE ACCOUNT TRACKING IN OUR APRICOT SYSTEM AND TRANSACTIONS IN OUR SAVINGS ACCOUNT, WHICH IS SEPARATE FROM OUR MAIN CHECKING ACCOUNT. MENTORINGTHE GOAL OF MENTORING IS TO MATCH STUDENTS WITH A TRUSTED, CARING ADULT WHO CAN SUPPORT THE GROWTH OF THEIR SOCIAL CAPITAL AND HELP THEM DEVELOP LIFE AND CAREER SKILLS. STUDENTS PARTICIPATING IN ANY OTHER FLO PROGRAM ARE ELIGIBLE TO BE PAIRED WITH A MENTOR, BUT IT IS FOLDED INTO SCHOLARSHIPS AND INTERNSHIPS PROGRAMMING. VOLUNTEER MENTORS ARE RECRUITED, TRAINED, AND MATCHED BY STAFF FOR QUALIFYING STUDENTS WHO ARE PARTICIPATING IN OTHER FLO PROGRAMS. MENTORS ENGAGE IN VARIOUS ACTIVITIES THAT CAN INCREASE THE LIKELIHOOD OF THEIR MENTEES' POST-SECONDARY SUCCESS; INCLUDING SOME OF THOSE LISTED ON THEIR MENTEE'S GAME PLAN. THEY ALSO LIAISE WITH FLO CASE MANAGERS WHEN BASIC NEEDS ARISE FOR THEIR MENTEE. MENTORING RELATIONSHIPS ARE PROVIDED ONGOING SUPERVISION AND SUPPORT BY FLO STAFF.
Expenses $78,800
-
EMERGENCY & BASIC NEEDS ASSISTANCEFLOURISH COMMUNITY SUPPORT SPECIALISTS AND YOUTH SPECIALISTS HELP SUBMIT AND PROCESS REQUESTS FOR EMERGENCY AND BASIC NEEDS ASSISTANCE FOR FLOURISH YOUTH PARTICIPANTS AND THEIR FAMILIES. AGREEMENT PLANS ARE CREATED WITH CASE MANAGEMENT GOALS TO PREVENT THE NEEDS FROM RECURRING, WHEN POSSIBLE. MOST FUNDING FOR THIS PROGRAM COMES FROM FUNDRAISING EVENTS. NEEDS CATEGORIES INCLUDE EDUCATION-RELATED, EMPLOYMENT-RELATED, FOOD, MEDICAL/PHYSICAL/MENTAL HEALTH, SHELTER/HOUSING, TECHNOLOGY/COMMUNICATION, AND TRANSPORTATION. MEETING BASIC NEEDS THROUGH THIS PROGRAM HELPS ADDRESS BARRIERS TO PARTICIPATION IN FLO'S OTHER PROGRAMS, OFTEN BEGINS OR INCREASES THE DEPTH OF ENGAGEMENT, AND ENHANCES WELLBEING OUTCOMES OVERALL. INTERNSHIPS FLOURISH INTERNSHIPS HAVE GROWN INTO TWO STEPPED-PROGRAMS, PREP I AND PREP II, AND ARE OFFERED TO RISING JUNIORS AND RECENT HIGH SCHOOL GRADUATES EXPERIENCING BARRIERS TO HIGHER EDUCATION OR EMPLOYMENT. THE INTERNS WORK EITHER PART-OR FULL-TIME AND RECEIVE PERSONAL AND PROFESSIONAL DEVELOPMENT IN A REAL-WORLD, CORPORATE SETTING. PREP I INTERNS WORK PART-TIME AND APPLY THEIR LEARNING TO COMPLETE A SERVICE PROJECT WHILE PREP II GETS MORE HAND-ON EXPERIENCE AT 40 HOURS A WEEK WITH ONLY ONE PROGRAMMING DAY WEEKLY. INTERNS IN BOTH PROGRAMS WALK AWAY WITH AN EMPLOYMENT PORTFOLIO, INTERVIEW OUTFIT, A FUTURE CAREER OR HIGHER EDUCATION PLAN, AND ENHANCED SOFT AND HARD EMPLOYMENT SKILLS. THEIR PERFORMANCE IS MANAGED AND EVALUATED ALONG WITH THEIR FINAL PRESENTATION. UPON SUCCESSFUL COMPLETION, EACH INTERN RECEIVES A SCHOLARSHIP FOR COSTS ASSOCIATED WITH HIGHER EDUCATION PROGRAMS. CASE MANAGEMENTCASE MANAGEMENT IS A WRAP-AROUND SERVICE WOVEN THROUGHOUT ALL FLOURISH PROGRAMS. QUALIFIED YOUTH SPECIALISTS AND COMMUNITY SUPPORT SPECIALISTS ENGAGE, ASSESS, INTERVENE, REFER, MONITOR, EVALUATE, DISCHARGE, AND FOLLOW-UP LONG-TERM WITH FLOURISH PROGRAM PARTICIPANTS AND SOMETIMES THEIR FAMILIES, TO ENSURE BASIC (PHYSICAL, ENVIRONMENTAL, SOCIAL, EMOTIONAL, AND BEHAVIORAL HEALTH NEEDS) ARE MET AND THAT SERVICES ARE COORDINATED AND ACROSS PROGRAMS OF FLOURISH AND ITS COMMUNITY PARTNERS. BOONE COUNTY YOUTH MOVEFLOURISH PREP INTERNS, WITH THE SUPPORT OF BOONE COUNTY COMMUNITY SERVICES, INITIATED A LOCAL CHAPTER WITHIN THE MEMBERSHIP NETWORK OF YOUTH MOVE NATIONAL, IN SUMMER OF 2022. BOONE COUNTY YOUTH MOVE IS A YOUTH-LED EFFORT, WITH UP TO FOUR YOUTH LEADERSHIP COMMITTEE CHAIRS WHO ARE ELIGIBLE FOR STIPENDS, RESPONSIBLE FOR ENGAGING OTHER COMMUNITY YOUTH TO PARTICIPATE IN ITS ACTIVITIES AND MONTHLY MEETINGS ON A VOLUNTARY BASIS. STAFF FROM FLOURISH AND ITS COMMUNITY PARTNERS SERVE AS SUPPORTIVE ADULTS TO HELP YOUTH IDENTIFY AND IMPLEMENT STRATEGIES TO LEAD CHANGE ON ISSUES THAT MATTER TO THEM. THE YOUTH'S PRIORITY STRATEGIES INCLUDE PROVIDING PEER-LED LIFE SKILLS WORKSHOPS AND FUN, SAFE ACTIVITIES FOR YOUTH AS A MEANS OF PREVENTING YOUTH VIOLENCE. AS FLO TRANSITIONAL HOUSING EXPANDS WITH YHDP, FLO IS SLOWLY BEGINNING TO TRANSITION THIS COLLABORATIVE EFFORT OF MAINTAINING THE LOCAL CHAPTER TO COMMUNITY PARTNERS WHO HAVE MORE CAPACITY FOR YOUTH-LED ADVOCACY/ORGANIZING. THE 2-YEAR GRANT THROUGH BOONE COUNTY FOR YOUTH MOVE FUNDING ENDED DECEMBER 2024.
Expenses $56,166 · Grants $1,731
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Loreli WilsonLORELI WILSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Rae CooperRAE COOPER
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Jewell SimmsJEWELL SIMMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Carl ThomasCARL THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tierre BanksTIERRE BANKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave LeonDAVE LEON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandy OveracreSANDY OVERACRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Eryca NevilleDR ERYCA NEVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claire SlamaCLAIRE SLAMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey BitnerLINDSEY BITNER
PAST DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emily ThoroughmanEMILY THOROUGHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beatrice StewartBEATRICE STEWART
EXECUTIVE DIRECTOR
- Total calculated
- $87,155
- From this org
- $78,363
- From related orgs
- $0
- Other
- $8,792
- 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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
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MORTGAGE RESEARCH CENTER LLC
S · MO
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543119349302434
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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