Foster Arizona
- Assets
- $1.9m
- Revenue
- $758.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Mesa, AZ
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-3920514
Organization Overview
Foster Arizona is located in Mesa, AZ. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Foster Arizona employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Arizona 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 12/2023, Foster Arizona generated $758.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $657.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE, EMPOWER AND ENGAGE AT-RISK YOUTH, FAMILIES AND THE COMMUNITY TO OFFER HOPE THROUGH CONNECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER ARIZONA HOUSING PROGRAM PROVIDES YOUNG ADULTS 18-24 WHO ARE TRANSITIONING OUT OF FOSTER CARE OR DEEMED AT-RISK OF HOMELESSNESS A SAFE PLACE TO LIVE WHILE OFFERING RESOURCES AND SUPPORT. PARTICIPANTS IN THE PROGRAM SET FINANCIAL, VOCATIONAL, EDUCATIONAL, PERSONAL, AND HOUSING GOALS THAT THEY WORK ON WHILE INVOLVED IN THE PROGRAM.
EDUCATION INITIATIVES - FOSTER ARIZONA IS COMMITTED TO SHARING THE HONEST STORIES OF FAMILIES, INDIVIDUALS, FIELD EXPERTS, AND YOUTH INVOLVED IN THE FOSTER CARE AND AT-RISK SPACES. WE DO THAT THROUGH OUR REAL STORIES AND EDUCATION VIDEOS, BI-ANNUAL FOSTER COOPERATIVE TRAINING EVENTS, AND OUR PODCAST: FOSTERING VOICES.
FOSTER ARIZONA KID INITIATIVES PROGRAM SERVES KIDS 3-17 THAT ARE CURRENTLY IN FOSTER CARE OR HAVE BEEN KEPT OUT OF OR LEFT THE DCS SYSTEM DUE TO REUNIFICATION, ADOPTION, OR GUARDIANSHIP. KID INITIATIVES CREATES OPPORTUNITIES TO BUILD CONNECTION AND RESILIENCE THROUGH ENGAGING THE COMMUNITY IN MEETING THE NEEDS OF BOTH THE KIDS AND THEIR FAMILY UNITS. IMPACT POINTS RANGE FROM EVENTS THAT INCLUDE BUT ARE NOT LIMITED TO FAMILY EVENTS, KIDS ONLY EVENTS, FIRST NIGHT ESSENTIAL NEEDS REQUESTS, AND DCS PLACEMENT NEED FULFILLMENTS.
FOSTER COOPERATIVE IS A UNIQUE DIGITAL COMMUNITY FOR ADULT CHAMPIONS OF CHILDREN FACING ADVERSITY TO FIND RESOURCES AND SUPPORT. RESOURCES INCLUDE: PEER-TO-PEER SUPPORT, COMMUNITY EVENTS, QUALITY RESOURCES, AND ON-DEMAND TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim J Vehon CEO And Founder | OfficerTrustee | 40 | $45,000 |
Chris Lawler Director | Trustee | 1 | $0 |
James Beene Director | Trustee | 1 | $0 |
Justice James Beene Director | Trustee | 1 | $0 |
Thom Vehon Director | Trustee | 1 | $0 |
Jack Keller Co-Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $79,270 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,905 |
| Noncash contributions included in lines 1a–1f | $127,178 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $718,175 |
| Total Program Service Revenue | $88,405 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$48,496 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $758,612 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation of current officers, directors, key employees. | $11,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,635 |
| Fees for services: Accounting | $13,632 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,446 |
| Advertising and promotion | $0 |
| Office expenses | $26,064 |
| Information technology | $1,652 |
| Royalties | $0 |
| Occupancy | $62,869 |
| Travel | $3,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,958 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,590 |
| Insurance | $13,788 |
| All other expenses | $29,236 |
| Total functional expenses | $657,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,405 |
| Savings and temporary cash investments | $361,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,897 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,030 |
| Prepaid expenses and deferred charges | $15,255 |
| Net Land, buildings, and equipment | $1,436,385 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,865,477 |
| Accounts payable and accrued expenses | $12,991 |
| Grants payable | $0 |
| Deferred revenue | $41,310 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $441,638 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $495,939 |
| Net assets without donor restrictions | $1,326,204 |
| Net assets with donor restrictions | $43,334 |
| 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 | $1,865,477 |