Totals
- Total revenue
- $5,295,027
- Total expenses
- $4,858,669
- Contributions and grants received
- $4,993,595
- Grants paid
- $2,540,187
- Program service revenue
- $0
- Investment income
- $313,561
- Other revenue
- -$12,129
- Total assets, end of year
- $8,601,878
- Total liabilities, end of year
- $1,780,017
- Net assets or fund balances, end of year
- $6,821,861
- Program services expenses (Part IX)
- $4,459,862
- Management and general expenses
- $189,609
- Fundraising expenses
- $209,198
- Program service expenses (Part III)
- $4,459,862
Program services were 91.8% 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
$5,000
-
1e · Government grants (contributions)
$3,968,602
-
1f · All other contributions, gifts and grants
$1,019,993
-
1g · Noncash contributions included above
$85
-
3 · Investment income
total $275,470 · excluded $275,470
-
7a · Gross sales of assets other than inventory
securities $38,091
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $38,091
-
7d · Net gain or loss
total $38,091 · excluded $38,091
-
8a · Fundraising events: gross income
$3,270
-
8a · Fundraising events: contributions included on line 1c
$5,000
-
8b · Fundraising events: direct expenses
$30,306
-
8c · Net income from fundraising events
total -$27,036 · excluded -$27,036
-
11a · Other revenue: OTHER INCOME
total $14,907 · related or exempt $14,907
-
11e · Other revenue, total
$14,907
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,540,187 · program services $2,540,187
-
5 · Compensation of officers, directors and key employees
total $382,747 · program services $333,869 · management and general $9,984 · fundraising $38,894
-
7 · Other salaries and wages
total $886,120 · program services $776,901 · management and general $22,868 · fundraising $86,351
-
8 · Pension plan contributions
total $23,971 · program services $19,806 · management and general $694 · fundraising $3,471
-
9 · Other employee benefits
total $156,948 · program services $129,675 · management and general $4,546 · fundraising $22,727
-
10 · Payroll taxes
total $105,892 · program services $93,639 · management and general $2,446 · fundraising $9,807
-
11c · Fees: accounting
total $108,551 · program services $93,477 · management and general $14,534 · fundraising $540
-
11f · Fees: investment management
total $26,628 · management and general $26,628
-
11g · Fees: other
total $265,032 · program services $187,506 · management and general $70,472 · fundraising $7,054
-
12 · Advertising and promotion
total $90,848 · program services $71,840 · management and general $6,848 · fundraising $12,160
-
13 · Office expenses
total $127,067 · program services $98,926 · management and general $9,932 · fundraising $18,209
-
16 · Occupancy
total $29,599 · program services $29,599
-
17 · Travel
total $75,818 · program services $62,073 · management and general $3,834 · fundraising $9,911
-
22 · Depreciation, depletion and amortization
total $14,804 · management and general $14,804
-
23 · Insurance
total $13,583 · program services $11,953 · management and general $1,630
-
24a · Other expenses: EQUIPMENT
total $10,874 · program services $10,411 · management and general $389 · fundraising $74
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,391,188 · end of year $1,684,476
-
4 · Accounts receivable
beginning of year $641,633 · end of year $388,815
-
7 · Other notes and loans receivable
end of year $500,000
-
9 · Prepaid expenses and deferred charges
beginning of year $21,814 · end of year $29,641
-
10a · Land, buildings and equipment: cost or other basis
$179,335
-
10b · Land, buildings and equipment: accumulated depreciation
$75,197
-
10c · Land, buildings and equipment, net
beginning of year $118,942 · end of year $104,138
-
11 · Investments: publicly traded securities
beginning of year $4,921,775 · end of year $5,551,590
-
15 · Other assets
beginning of year $135,241 · end of year $343,218
-
17 · Accounts payable and accrued expenses
beginning of year $137,334 · end of year $168,054
-
19 · Deferred revenue
beginning of year $2,008,213 · end of year $1,504,419
-
25 · Other liabilities
beginning of year $132,480 · end of year $107,544
-
27 · Net assets without donor restrictions
beginning of year $1,030,791 · end of year $1,270,272
-
28 · Net assets with donor restrictions
beginning of year $4,921,775 · end of year $5,551,589
Mission and programs · 2023
Mission
FOSTER SUCCESS' MISSION IS TO ENSURE THAT FOSTER CARE YOUTH ARE EDUCATED, HOUSED, FINANCIALLY STABLE, EMPLOYED AND CONNECTED TO A SUPPORT SYSTEM BY AGE 25. FOSTER SUCCESS IS A 501(C)(3) CHARITABLE ORGANIZATION THAT PROVIDES TECHNICAL ASSISTANCE TO BUILD THE CAPACITY OF FUNDERS, STATE AND LOCAL POLICY MAKERS, CASE MANAGERS, INDEPENDENT LIVING SPECIALISTS AND YOUTH-SERVING PROVIDERS TO EFFECTIVELY SUPPORT YOUTH TRANSITIONING FROM FOSTER CARE.
Activities or mission (Part I)
FOSTER YOUTH SUPPORT - SEE PART III LINE 1 FOR MISSION STATEMENT.
-
YOUTH ENGAGEMENT: THE YOUTH ENGAGEMENT PROGRAMS BRING TOGETHER YOUNG PEOPLE TO SUPPORT ONE ANOTHER AND TACKLE THE ISSUES THAT MATTER TO THEM. WHETHER OR NOT A YOUNG PERSON IS INVOLVED IN SOME OF OUR OTHER PROGRAMS, WE STILL WANT THOSE WHO HAVE BEEN IN FOSTER CARE TO ENGAGE WITH THEIR PEERS WHO HAVE SHARED EXPERIENCES.
Expenses $563,048
-
FINANCIAL EMPOWERMENT: FINANCIAL EMPOWERMENT IS THE KEY TO FINANCIAL LITERACY AND SELF-SUFFICIENCY. PROGRAM PARTICIPANTS GAIN SKILLS AND KNOWLEDGE TO SAVE MONEY, SPEND WISELY, AND BUILD CREDIT AND ASSETS. THEY ALSO CAN RECEIVE FUNDS TO MATCH THEIR OWN SAVINGS TO ASSIST THEM IN PURCHASING VEHICLES, PAYING FOR HOUSING, OR COVERING OTHER SIGNIFICANT EXPENSES.
Expenses $322,860
-
EDUCATIONAL SUCCESS: EDUCATIONAL SUCCESS LOOKS DIFFERENT FOR EACH PERSON. THROUGH A COMPREHENSIVE SERIES OF EDUCATIONAL SUPPORT PROGRAMS, PARTICIPANTS CAN ACCESS SUPPORT TO NAVIGATE THEIR JOURNEY FROM HIGH SCHOOL TO COLLEGE AND THROUGH THE VARIOUS CHALLENGES THAT COME ALONG WITH EACH STEP.
Expenses $2,897,349 · Grants $2,540,187
-
WORKFORCE READINESS. WORKFORCE READINESS MEANS ENSURING THAT OUR YOUNG PEOPLE HAVE CLEAR AND SUPPORTIVE PATHS TO GOOD AND PROMISING JOBS. UNEMPLOYMENT IS A SIGNIFICANT PROBLEM FOR THOSE WHO HAVE EXPERIENCED FOSTER CARE. JUST 51% OF CURRENT OR FORMER FOSTER YOUTH REPORT BEING EMPLOYED AT AGE 21, COMPARED TO 61% OF THEIR NON-FOSTER CARE PEERS.HEALTH & WELL-BEING. WE KNOW THAT THE HEALTH AND WELL-BEING OF A YOUNG PERSON IS NOT SIMPLY DEPENDENT ON THE CHOICES THEY MAKE. THERE ARE COMPLEX CONDITIONS, LIKE WHERE THEY LIVE, WORK, LEARN, AND PLAY, THAT AFFECT THEM, TOO. WE STRIVE TO MAKE SURE EVERY YOUNG PERSON CAN MEET THEIR MOST BASIC NEEDS. WE PROVIDE 1:1 REFERRALS AND REAL CONNECTIONS TO COMMUNITY RESOURCES INCLUDING: DOCUMENTATION, HOUSING, FINANCIAL SUPPORT, FOOD, HYGIENE ITEMS, TRANSPORTATION, MEDICAL & HEALTH NEEDS, AND SELF-ADVOCACY.
Expenses $676,605
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marie CameronMARIE CAMERON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kate HusseyKATE HUSSEY
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Danny KibbleDANNY KIBBLE
PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Megan SavageMEGAN SAVAGE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John TottenJOHN TOTTEN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Katie JacksonKATIE JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Caroline HoyCAROLINE HOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barath RamanBARATH RAMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Morgan Rumple-WhitingMORGAN RUMPLE-WHITING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike BradyMIKE BRADY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shontrai IrvingSHONTRAI IRVING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amber WilliamsAMBER WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maggie Stevens PhDMAGGIE STEVENS PHD
CEO/PRESIDENT
- Total calculated
- $146,874
- From this org
- $125,926
- From related orgs
- $0
- Other
- $20,948
- Hours/week
- 40
-
Monika Mala PhDMONIKA MALA PHD
CHIEF OPERATIONS OFFICER
- Total calculated
- $100,016
- From this org
- $100,016
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Travis Tester Ma CFRETRAVIS TESTER MA CFRE
CHIEF DEVELOPMENT/COMMUNICATIONS OFFICER
- Total calculated
- $117,168
- From this org
- $104,825
- From related orgs
- $0
- Other
- $12,343
- 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.
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.
-
FOSTER SUCCESS EDUCATION SERVICES INC
501(C)(3) · FOSTER YOUTH SUPPORT · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510219349300316
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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