Fostering Youth Independence
- Assets
- $164.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Clarita, CA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 82-1034101
Organization Overview
Fostering Youth Independence is located in Santa Clarita, CA. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Youth Independence 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 Youth Independence generated $178.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.6% each year . All expenses for the organization totaled $142.7k during the year ending 12/2021. While expenses have increased by 60.7% per year over the past 4 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
PROVIDE CASE MANAGEMENT, MENTORSHIP AND GUIDANCE TO YOUTH AGING OUT OF THE FOSTER CARE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Olsen Treasurer | 40 | $0 | |
Linda Teeter Director | 1 | $0 | |
Lois Bauccio Director | 1 | $0 | |
Katy Williams Chairman | 1 | $0 | |
Stephen Snow Director | 1 | $0 | |
Julie Benson Krumrine Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,597 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,606 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,017 |
| Professional fees and other payments to independent contractors | $2,103 |
| Occupancy, rent, utilities, and maintenance | $3,412 |
| Printing, publications, postage, and shipping | $301 |
| Other expenses | $27,790 |
| Total expenses | $142,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,394 |
| Other assets | $0 |
| Total assets | $164,810 |
| Total liabilities | $1,761 |
| Net assets or fund balances | $163,049 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fostering Youth Independence has recieved totaling $47,026.
| Awarding Organization | Amount |
|---|---|
Henry Mayo Newhall Foundation San Rafael, CA PURPOSE: FOR CASE MANAGEMENT TO FOSTER YOUTH AGING OUT OF THE FOSTER CARE SYSTEM | $21,000 |
Fanny And Svante Knistrom Foundation Chatham, NJ PURPOSE: AID IN FUNDING THE CASE MANAGEMENT PROGRAM TO PROVIDE HOPE AND CHANGE FOR 15 FOSTER YOUTH. | $16,000 |
Klehn Family Foundation Newhall, CA PURPOSE: SUPPORT FOR FOSTER YOUTH IN SCV | $5,000 |
Woodward Governor Charitable Trust Rockford, IL PURPOSE: GENERAL WELFARE | $4,000 |
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cityserve Network Bakersfield, CA | $4,069,087 | $94,473,161 |
Movement Strategy Center Oakland, CA | $26,305,991 | $30,747,629 |
Casa De Los Ninos Inc Tucson, AZ | $25,293,755 | $23,382,073 |
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |