Fostering Family Ministries Inc
- Assets
- $186.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Savannah, OH
- Founding
- 12/2016
- Data as of
- 12/2021
- 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. 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 12/2021, Fostering Family Ministries Inc generated $198.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $99.4k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Bouquet Executive Di | 40 | $56,019 | |
Deb Gross President | 0 | $0 | |
Jonathan Hall Secretary | 0 | $0 | |
Sarah Black Board Member | 1 | $0 | |
Tommy Theisen Board Member | 1 | $0 | |
Karen Laughery Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,753 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,753 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,396 |
| Professional fees and other payments to independent contractors | $1,573 |
| Occupancy, rent, utilities, and maintenance | $525 |
| Printing, publications, postage, and shipping | $750 |
| Other expenses | $27,198 |
| Total expenses | $99,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,756 |
| Other assets | $0 |
| Total assets | $186,756 |
| Total liabilities | $2,072 |
| Net assets or fund balances | $184,684 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fostering Family Ministries Inc has recieved totaling $80,750.
| Awarding Organization | Amount |
|---|---|
Samaritan Hospital Foundation Ashland, OH PURPOSE: REFER TO PART IV | $31,000 |
The Global Orphan Project Inc Kansas City, MO PURPOSE: ORPHAN CARE | $25,000 |
Upward Bound Youth Wooster, OH PURPOSE: GENERAL SUPPORT | $10,000 |
East Texas Communties Foundation Inc Tyler, TX PURPOSE: Human Service | $7,500 |
Norma June Foundation Ashland, OH PURPOSE: GENERAL SUPPORT | $4,250 |
Randall M & Nancy M Dana Family Foundation Columbus, OH PURPOSE: PROMOTING FOSTER FAMILIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spaulding For Children Southfield, MI | $7,623,371 | $10,216,119 |
Bair Foundation Of Texas New Wilmington, PA | $1,144,889 | $8,905,447 |
Tabor Childrens Services Inc Philadelphia, PA | $5,265,944 | $8,132,394 |
Cadence Care Network Niles, OH | $3,603,274 | $7,911,630 |
Ohio Teaching-Family Association Swanton, OH | $1,062,390 | $6,784,090 |
Childrens Choice Inc Chester, PA | $1,421,593 | $5,676,837 |
Children Have Options In Caring Environments Inc Dayton, OH | $1,950,175 | $5,061,139 |
Caring For Kids Inc Cuyahoga Falls, OH | $2,258,086 | $5,059,020 |
Family Care For Children&youth Inc Milton, PA | $3,265,351 | $3,892,797 |
Family Care Services Inc Chambersburg, PA | $2,460,289 | $4,002,413 |
Sojourners Care Network Mcarthur, OH | $2,182,507 | $4,193,596 |
Agape For Youth Inc Dayton, OH | $567,683 | $3,755,664 |