Fostering Family Ministries Inc
- Assets
- $302.2k
- Revenue
- $246.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Savannah, OH
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-2690365
Organization Overview
Fostering Family Ministries Inc is located in Savannah, OH. The organization was established in 2016. 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 12/2022, Fostering Family Ministries Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Family Ministries 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 12/2022, Fostering Family Ministries Inc generated $246.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $132.5k during the year ending 12/2022. While expenses have increased by 20.0% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO MOBILIZE, ORGANIZE, EDUCATE, AND EQUIP LOCAL CHURCHES AND FAMILIES TO COMPASSIONATELY PROVIDE FAITH-BASED FOSTER SERVICES IN ASHLAND COUNTY, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTING CHILDREN AND FAMILIES IN FOSTER CARE TO CARE TEAMS THROUGH LOCAL CHURCHES. PROVIDING TRAUMA INFORMED TRAINING AND TOOLS TO SUPPORT CARING FOR CHILDREN FROM HARD PLACES. COORDINATING THE PROVISION OF APPRECIATION EVENTS, MATERIAL NEEDS ASSITANCE AND SCHOLARSHIPS FOR RECREATIONAL AND ENRICHING ACTIVITIES. SUPPORTING CHILDREN SERVICES WITH TRAUMA INFORMED TRAINING AND ENCOURAGEMENT THROUGH APPRECIATION.
DELIVERING TRAINING AND COACHING TO ASSIST CHURCHES LAUNCH AND LEAD FOSTER CARE MINISTRIES WHICH MEET THE NEEDS IN THEIR COMMUNITIES. EQUIPPING CHURCHES WITH THE TOOLS TO CREATE AWARENESS, RECRUIT SUPPORTED FOSTER PARENTS, PROVIDE MATERIAL SUPPORT, AND VOLUNTEER CARE TEAMS TO SERVE THE NEEDS OF CHILDREN AND FAMILIES IN FOSTER CARE. INCREASING CHURCH MINISTRIES UNDERSTANDING AND ABILITY TO PROVIDE TRAUMA INFORMED CARE WHILE SERVING VULNERABLE CHILDREN AND FAMILIES IN FOSTER CARE WITH THE LOVE AND HOPE OF JESUS.
PROVIDING TRUST BASED RELATIONAL INTERVENTION TRAINING, TOOLS AND COACHING TO ALL THOSE ENGAGED IN THE FOSTER CARE SYSTEM FROM CHILDREN SERVICES, COURT, FAMILIES, SCHOOLS, MENTAL HEALTH PROFESSIONALS AND CHURCHES. ENSURING THE SYSTEM IS TRAUMA COMPETENT AND MORE EFFECTIVE IN SERVING VULNERABLE CHILDREN AND FAMILIES IN FOSTER CARE; UNDERSTANDING WHEN EVERYONE IS USING SHARED LANGUAGE AND SHARED TOOLS, WE WILL SEE A GREATER IMPACT ON THOSE WHOSE LIVES ARE DISTRUPTED DUE TO TRAUMA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Gross President | OfficerTrustee | 5 | $0 |
Erin Kick ESQ Vice Preside | Trustee | 5 | $0 |
Evan Davis Treasurer | OfficerTrustee | 5 | $0 |
Jonathan Hall Secretary | OfficerTrustee | 5 | $0 |
Sarah Black Board Member | Trustee | 5 | $0 |
Sherry Bouquet Executive Di | OfficerTrustee | 40 | $58,539 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,038 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,038 |
| Total Program Service Revenue | $193,981 |
| Investment income | $303 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$529 |
| Net Income from Fundraising Events | $36,122 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,915 |
| 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. | $54,441 |
| Compensation of current officers, directors, key employees. | $4,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,226 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,882 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $165 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,232 |
| Office expenses | $7,433 |
| Information technology | $8,333 |
| Royalties | $0 |
| Occupancy | $446 |
| Travel | $3,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $638 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,338 |
| All other expenses | $5,931 |
| Total functional expenses | $132,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,342 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $302,225 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,831 |
| Total liabilities | $1,831 |
| Net assets without donor restrictions | $300,394 |
| Net assets with donor restrictions | $0 |
| 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 | $302,225 |