Family Room Foster Care Resource Center
- Assets
- $983.8k
- Revenue
- $739.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Greensboro, NC
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-3448564
Organization Overview
Family Room Foster Care Resource Center, operating under the name Family Room, is located in Greensboro, NC. The organization was established in 2019. 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 12/2023, Family Room employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Room 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, Family Room generated $739.6k in total revenue. All expenses for the organization totaled $610.7k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR GOAL IS TO LIVE OUT OUR MISSION OF PROVIDING LOVE, ENCOURAGEMENT AND SUPPORT TO FAMILIES WHO FOSTER AND THE CHILDREN IN THEIR CARE BY ENSURING THAT EVERY CHILD THAT COMES INTO CARE HAS THEIR BASIC NEEDS MET AS QUICKLY AS POSSIBLE, INCLUDING BUT NOT LIMITED TO CLOTHING, BOOKS, TOYS AND ROOM FURNITURE. ENSURING THAT CHILDREN IN CARE HAVE THE OPPORTUNITIES FOR GROWTH AND DEVELOPMENT AFFORDED TO THEM THAT THEY NEED AND DESERVE. ENSURING THAT NO FAMILY WHO FOSTERS EVER SAYS NO TO A PLACEMENT CALL BECAUSE THEY DO NOT HAVE THE RESOURCES TO PROVIDE THE CHILDREN WITH WHAT THEY NEED. ENSURING THAT FAMILIES WHO FOSTER KNOW OF ALL RESOUCES AVAILABLE TO THEM TO SUPPORT THE CHILDREN IN THEIR CARE AND HAVE ACCESS TO THOSE RESOURCES. REMOVING BARRIERS TO FOSTERING BY PARTNERING WITH FAMILIES TO PROVIDE THE CHILDREN IN THEIR CARE WITH WHAT THEY NEED AND DESERVE AND THE RESOURCES THEY NEED TO CARE FOR THOSE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE LOVE, ENCOURAGEMENT AND SUPPORT TO FAMILIES WHO FOSTER AND THE CHILDREN IN THEIR CARE BY ENSURING THAT EVERY CHILD WHO COMES INTO CARE HAS THEIR BASIC NEEDS MET AS QUICKLY AS POSSIBLE BY PROVIDING FOSTER FAMILIES WITH CLOTHING, BOOKS, TOYS AND ROOM FURNITURE. WE TRY TO ENSURE THAT ANY FOSTER FAMILY CAN ALWAYS SAY YES TO A PLACEMENT CALL AT ANY TIME OF THE DAY OF NIGHT BECAUSE THEY HAVE THE RESOURCES TO PROVIDE THE CHILDREN WITH WHAT THEY NEED. WE MAKE FAMILIES WHO FOSTER AWARE OF ALL RESOURCES AVAILABLE TO THEM TO SUPPORT THE CHILDREN IN THEIR CARE AND TRY TO ENSURE THEY HAVE ACCESS TO THOSE RESOURCES. WE TRY TO ENSURE THAT SIBLINGS CAN BE PLACED TOGETHER IN THE SAME FOSTER HOME BY PROVIDING STATE REGULATED, AGE APPROPRIATE BED AND DRESSERS. WE EDUCATE, ADVOCATE AND DISPEL THE MYTHS AND MISINFORMATION IN THE COMMUNITY ABOUT FOSTER CARE AS IT PERTAINS TO THE NEED FOR COMMUNITY SUPPORT.WE PARTNER WITH FOSTER CARE LICENSING AGENCIES IN THE COMMUNITY TO CONTINUE TO GAIN RESOURCES FOR PROVIDING SUPPORT TO THE FAMILIES WHO FOSTER AND THE CHILDREN IN THEIR CARE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Thompson Executive Director | OfficerTrustee | 40 | $50,860 |
Pam Mcadoo-Rogers Board Director | Trustee | 0 | $0 |
Chris Swintom Board Director | Trustee | 0 | $0 |
Sonya Crawford Secretary | Officer | 0 | $0 |
Ben Estes Treasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,608 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $686,699 |
| Noncash contributions included in lines 1a–1f | $491,873 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $751,307 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,744 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $739,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $388,407 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,860 |
| Compensation of current officers, directors, key employees. | $23,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,753 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,956 |
| 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 | $0 |
| Advertising and promotion | $6,059 |
| Office expenses | $3,946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,557 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,368 |
| All other expenses | $5,071 |
| Total functional expenses | $610,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,147 |
| Savings and temporary cash investments | $30,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,649 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $669,614 |
| Prepaid expenses and deferred charges | $6,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $171,361 |
| Total assets | $983,775 |
| 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 | $175,984 |
| Total liabilities | $175,984 |
| Net assets without donor restrictions | $790,086 |
| Net assets with donor restrictions | $17,705 |
| 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 | $983,775 |