Foster Source
- Assets
- $135.7k
- Revenue
- $511.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Thornton, CO
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-2922749
Organization Overview
Foster Source is located in Thornton, CO. The organization was established in 2017. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Foster Source employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Source 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 Source generated $511.2k in total revenue. All expenses for the organization totaled $416.0k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE RELEVANT TRAINING, RESOURCES AND SUPPORT TO FOSTER PARENTS FROM A TRAUMA-INFORMED APPROACH, GIVING THEM SKILLS AND CONFIDENCE TO SPARK HEALING IN VULNERABLE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE DISTRIBUTED 2,600 MEALS, 740 BOXES OF DIAPERS, 640 GIFT CARDS, 416 WEIGHTED ITEMS, 56 MATTRESSES AND 803 ADDITIONAL ITEMS RANGING FROM STROLLERS, CRIBS, CAR SEATS, SPECIAL NEEDS LIKE WEIGHTED BLANKETS, SPECIALIZED THERAPIES, ETC. WE HOSTED 35 FREE TRAININGS AND/OR SUPPORT GROUPS FOR FOSTER AND KINSHIP PARENTS, ALL WITH FREE CHILDCARE. WE SERVED OVER 1,200 FOSTER PARENTS IN THE ONLINE CLASSROOM. WE PROVIDED 50 FOSTER PARENTS WITH VIRTUAL THERAPY SESSIONS AND 36 FOSTER PARENTS ATTENDED OUR LEADER OF THE HERD EQUINE-ASSISTED PARENTING PRACTICE LAB. WE SPONSORED CHAMPS COLORADO PILOTED IN THREE COLORADO COUNTIES WITH ONE STATE LEVEL ENGAGEMENT. OVERALL WE SERVED 4,000+ FOSTER PARENTS AND CHILDREN IN THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Bernhard Executive Di | OfficerTrustee | 40 | $41,500 |
Rebecca Allen President | OfficerTrustee | 1 | $0 |
Kriss Porco Treasurer | OfficerTrustee | 1 | $0 |
Maria Avila Secretary | OfficerTrustee | 1 | $0 |
Brian Bernhard Board Member | Trustee | 1 | $0 |
Adrienne Parrot Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,708 |
| Related organizations | $0 |
| Government grants | $9,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $470,412 |
| Noncash contributions included in lines 1a–1f | $39,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $511,844 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$615 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $511,229 |
| 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. | $41,500 |
| Compensation of current officers, directors, key employees. | $4,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,277 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,332 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,896 |
| Information technology | $4,344 |
| Royalties | $0 |
| Occupancy | $2,211 |
| Travel | $1,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,296 |
| All other expenses | $4,707 |
| Total functional expenses | $416,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,070 |
| 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 | $22,663 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $135,733 |
| Accounts payable and accrued expenses | $2,250 |
| 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 | $0 |
| Total liabilities | $2,250 |
| Net assets without donor restrictions | $133,483 |
| 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 | $135,733 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foster Source has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Grs Foundation Wichita, KS PURPOSE: OPERATING FUND FOR OTHER PUBLIC CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childhelp Inc Scottsdale, AZ | $27,663,489 | $48,183,793 |
Jewish Family & Childrens Service Phoenix, AZ | $35,725,821 | $43,815,904 |
Kidstlc Inc Olathe, KS | $31,030,355 | $24,436,470 |
Clayton Early Learning Denver, CO | $55,457,457 | $17,594,627 |
Kansas Childrens Service League Wichita, KS | $10,344,235 | $17,651,176 |
Youth Development Institute Phoenix, AZ | $7,642,122 | $15,390,888 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
A Precious Child Inc Broomfield, CO | $10,651,409 | $12,095,666 |
Tennyson Center For Children At Colorado Christian Home Denver, CO | $16,755,505 | $11,768,822 |
Arizona Baptist Childrens Services Tucson, AZ | $6,943,663 | $9,654,753 |
Child Saving Institute Inc Omaha, NE | $4,800,291 | $9,949,776 |
Hope And Home Colorado Springs, CO | $12,687,463 | $9,895,799 |