Foster Village Charlotte
- Assets
- $912.1k
- Revenue
- $615.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Charlotte, NC
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-4729146
Organization Overview
Foster Village Charlotte is located in Charlotte, NC. The organization was established in 2018. 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 12/2023, Foster Village Charlotte employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Village Charlotte 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 12/2023, Foster Village Charlotte generated $615.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $539.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER VILLAGE CHARLOTTE CREATES CONNECTION WITH DIGNITY FOR CHILDREN AND FAMILIES EXPERIENCING FOSTER CARE BY MEETING URGENT NEEDS, PROVIDING EDUCATIONAL AND EMOTIONAL SUPPORT, AND ADVOCATING AS A COLLECTIVE COMMUNITY VOICE FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECT-ENSURING FAMILIES CARING FOR CHILDREN IN FOSTER CARE ARE CONNECTED TO EACH OTHER AND TO ONGOING, HOLISTIC SUPPORT THROUGH THERAPIST-LED AND PEER DRIVEN SUPPORT GROUPS, EDUCATIONAL TRAININGS, FAMILY CONNECTION EVENTS, AND ONE-ON-ONE SUPPORT. FVC OPERATES THE CONNECTION COTTAGE, A HOME-LIKE ENVIRONMENT FOR FAMILY VISITATIONS INCLUDING A SENSORY PLAY STUDIO.
EQUIP-ENSURING CHILDREN IN FOSTER CARE IN THE CHARLOTTE, NC METRO AREA HAVE THEIR NEEDS MET WITH DIGNITY THROUGH TANGIBLE SUPPORT INCLUDING, BUT NOT LIMITED TO, BRAND NEW CLOTHING AND OTHER ESSENTIALS, CAR SEATS, BEDS, EQUIPMENT, ETC. AS THEY ENTER CARE. FVC PROVIDES FREE SENSORY TOOLS TO CHILDREN IN THE CHILD WELFARE SYSTEM TO PROMOTE REGULATION AND ATTACHMENT
ADVOCATE-ENSURING ADVOCACY FOR CHILDREN IN FOSTER CARE THROUGH COMMUNITY EDUCATION CLASSES AND AWARENESS EVENTS AS WELL AS BEING PROVIDERS OF THIRD-PARTY FEEDBACK TO CHILD WELFARE RELATED AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Prillaman Co-Director | Officer | 40 | $58,560 |
Becky Santoro Co-Director | Officer | 35 | $51,560 |
Mary Hamby Secretary | OfficerTrustee | 5 | $0 |
Sloan Crawford President | OfficerTrustee | 5 | $0 |
Lindsey Williams Trustee | Trustee | 2 | $0 |
Emmons Daniel Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $188,148 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $426,997 |
| Noncash contributions included in lines 1a–1f | $17,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $615,145 |
| Total Program Service Revenue | $0 |
| Investment income | $15,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,923 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,621 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,120 |
| Compensation of current officers, directors, key employees. | $9,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,883 |
| Advertising and promotion | $4,208 |
| Office expenses | $4,270 |
| Information technology | $6,167 |
| Royalties | $0 |
| Occupancy | $74,471 |
| Travel | $736 |
| 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 | $6,125 |
| Insurance | $4,605 |
| All other expenses | $0 |
| Total functional expenses | $539,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $438,022 |
| Savings and temporary cash investments | $376,978 |
| 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 | $45,456 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,393 |
| Total assets | $912,125 |
| Accounts payable and accrued expenses | $411 |
| 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 | $45,773 |
| Total liabilities | $46,184 |
| Net assets without donor restrictions | $840,941 |
| Net assets with donor restrictions | $25,000 |
| 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 | $912,125 |