Tennessee Foster Care Association Inc
- Assets
- $43.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 07/1995
- Data as of
- 06/2021
- EIN
- 58-2182186
Organization Overview
Tennessee Foster Care Association Inc is located in Knoxville, TN. The organization was established in 1995. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Tennessee Foster Care Association 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 06/2021, Tennessee Foster Care Association Inc generated $38.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $31.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (24.7%) per year over the past 3 years. 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 |
|---|---|---|---|
Marion Rhines Interim President | 5 | $0 | |
Kiana Johnson Northeast Regional Director | 2 | $0 | |
Tricia Sholar Treasurer | 5 | $0 | |
Lovell Ray Member At Large | 5 | $0 | |
Chris Cook Secretary | 5 | $0 | |
Troy Wallach Shelby Co Regional Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,809 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,117 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,475 |
| Other Revenue | $0 |
| Total Revenue | $38,401 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,500 |
| Professional fees and other payments to independent contractors | $997 |
| Occupancy, rent, utilities, and maintenance | $310 |
| Printing, publications, postage, and shipping | $267 |
| Other expenses | $13,180 |
| Total expenses | $31,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,502 |
| Other assets | $0 |
| Total assets | $43,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foster Adopt Connect Inc Independence, MO | $12,161,256 | $8,168,684 |
Faithbridge Foster Care Inc Alpharetta, GA | $1,803,240 | $7,652,118 |
Foster Care Coalition Of Greater St Louis Inc St Louis, MO | $5,655,247 | $6,817,874 |
People Places Inc Staunton, VA | $8,658,654 | $6,115,001 |
Georgia Sheriffs Youth Homes Inc Madison, GA | $21,858,053 | $5,380,264 |
Youth Town Of Tennessee Inc Jackson, TN | $4,037,865 | $4,281,456 |
Community Connections Inc Stone Mountain, GA | $2,076,544 | $3,338,180 |
Foundations For Home And Community Inc Portsmouth, VA | $16,558,173 | $4,051,248 |
Childkind Inc Tucker, GA | $548,950 | $3,322,766 |
Potter Childrens Home And Family Ministries Inc Bowling Green, KY | $1,618,168 | $3,609,147 |
Apelah Inc Ridgeland, MS | $9,232,326 | $3,381,721 |
Isaiah 117 House Elizabethton, TN | $10,749,953 | $8,404,030 |