Foster Adopt Connect Inc
- Assets
- $12.2m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 297
- Location
- Independence, MO
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 43-1895965
Organization Overview
Foster Adopt Connect Inc is located in Independence, MO. The organization was established in 2001. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Foster Adopt Connect Inc employed 297 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Foster Adopt Connect Inc 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 12/2021, Foster Adopt Connect Inc generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $9.1m during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTERADOPT CONNECT'S MISSION IS TO PROVIDE FOSTER AND ADOPTIVE CHILDREN A STABLE, LOVING AND NURTURING FAMILY ENVIRONMENT BY SUPPORT AND ADVOCACY FOR ABUSED AND NEGLECTED CHILDREN AND THE FAMILIES CARING FOR THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER ADOPT CONNECT WORKS WITH CHILDREN, YOUTH, AND FAMILIES AS THEY NAVIGATE THE COMPLEXITIES OF THE CHILD WELFARE SYSTEM. WITH THE HELP OF INNOVATIVE TOOLS, A DEDICATED PROFESSIONAL STAFF, AND OVER 20 YEARS OF EXPERIENCE WORKING IN THE KANSAS AND MISSOURI FOSTER CARE SYSTEMS, WE'RE EQUIPPED TO CONNECT CHILDREN WITH FAMILIES THAT PROVIDE LOVE, HEALING, AND STABILITY FOR A BRIGHTER FUTURE. THOSE PROGRAMS THAT HELP CONNECT, HEAL AND PROVIDE STABILITY INCLUDE 30 DAYS TO FAMILY, BEHAVIORAL HEALTH MEMBERSHIP PROGRAM, BEHAVIORAL INTERVENTIONIST, COMMUNITY CONNECTION YOUTH PROJECT, CONNECT CAF, EXTREME FAMILY FINDING, FOOD PANTRY/CLOTHING CLOSET, FOSTERING PREVENTION, KINSHIP NAVIGATOR, LAWYERS FOR KIDS GRANTS, LEGAL ADVOCACY, RESPITE CARE, SUPPORT GROUPS, AND YOUTH CONNECT CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Ross President And CEO | Officer | 40 | $176,975 |
Jennifer Johnson Chief Operations Officer | Officer | 40 | $140,006 |
Bridgett Myers Chief Development Officer | Officer | 40 | $135,739 |
Allison Gregory President Of Regional Development | Officer | 40 | $76,238 |
Jim Keeney Chief Financial Officer | Officer | 40 | $65,112 |
Leon Fisher Chief Financial Officer | Officer | 40 | $36,079 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $302,620 |
| Related organizations | $0 |
| Government grants | $3,351,752 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,255,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,910,286 |
| Total Program Service Revenue | $686,941 |
| Investment income | $2,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,867 |
| Net Gain/Loss on Asset Sales | -$1,407,301 |
| Net Income from Fundraising Events | -$46,242 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,168,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $245,730 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $702,438 |
| Compensation of current officers, directors, key employees. | $62,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,276,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $618,494 |
| Payroll taxes | $441,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,404 |
| Fees for services: Accounting | $36,366 |
| Fees for services: Lobbying | $82,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $183,831 |
| Advertising and promotion | $28,246 |
| Office expenses | $344,465 |
| Information technology | $108,108 |
| Royalties | $0 |
| Occupancy | $310,247 |
| Travel | $101,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,971 |
| Interest | $34,737 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $203,088 |
| Insurance | $89,143 |
| All other expenses | $0 |
| Total functional expenses | $9,097,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,300,774 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,462,754 |
| Accounts receivable, net | $136,358 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,501 |
| Net Land, buildings, and equipment | $6,205,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,161,256 |
| Accounts payable and accrued expenses | $521,602 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $969,453 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $103,304 |
| Total liabilities | $1,594,359 |
| Net assets without donor restrictions | $8,568,355 |
| Net assets with donor restrictions | $1,998,542 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,161,256 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Foster Adopt Connect Inc has recieved totaling $559,495.
| Awarding Organization | Amount |
|---|---|
Jackson County Community Childrens Service Fund Kansas City, MO PURPOSE: BEHAVIORAL INTERVENTION PROGRAM & FAMILY CONNECTIONS SHELTER | $224,470 |
Ticket To Dream Foundation Roseville, CA PURPOSE: FOSTER KIDS PROGRAM | $88,700 |
Sarli Family Foundation Overland Park, KS PURPOSE: CHARITABLE | $75,000 |
Convoy Of Hope Springfield, MO PURPOSE: PROGRAM FULLFILLMENT | $57,031 |
Oppenstein Brothers Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $40,000 |
Oppenstein Brothers Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Specialized Alternatives For Families And Youth Of Kentucky Inc Lexington, KY | $1,516,940 | $14,842,351 |
Emberhope Inc Newton, KS | $33,046,827 | $12,909,477 |
S O S Childrens Villages Illinois Chicago, IL | $43,220,580 | $16,194,875 |
Spero Family Services Mount Vernon, IL | $7,180,018 | $13,404,846 |
Foster Adopt Connect Inc Independence, MO | $12,161,256 | $8,168,684 |
Villages Inc Topeka, KS | $17,906,080 | $8,383,153 |
Foster Care Coalition Of Greater St Louis Inc St Louis, MO | $5,655,247 | $6,817,874 |
Youth Town Of Tennessee Inc Jackson, TN | $4,037,865 | $4,281,456 |
Christian Heritage Childrens Home Walton, NE | $5,189,360 | $3,765,747 |
Building Blocks For Community Enrichment ONeill, NE | $1,672,888 | $3,377,853 |
Potter Childrens Home And Family Ministries Inc Bowling Green, KY | $1,618,168 | $3,609,147 |
Restoration Family Services Inc Wichita, KS | $304,437 | $2,741,478 |