Foster A Life
- Assets
- $140.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 10/2004
- Data as of
- 05/2023
- EIN
- 20-1336607
Organization Overview
Foster A Life is located in Lubbock, TX. The organization was established in 2004. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster A Life is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Foster A Life generated $118.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $81.4k during the year ending 05/2023. While expenses have increased by 26.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shaun H Keel President | 0 | $0 | |
Katie Salter Board Member | 0 | $0 | |
Brenda Shupe Board Member | 0 | $0 | |
Neal Burt Board Member | 0 | $0 | |
Connie Sim Board Member | 0 | $0 | |
Katherine Mckee Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $60,129 |
| Other Revenue | $0 |
| Total Revenue | $118,074 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,089 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,849 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,170 |
| Total expenses | $81,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,234 |
| Other assets | $0 |
| Total assets | $140,234 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,234 |