Fosterstrong
- Assets
- $137.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-4248752
Organization Overview
Fosterstrong is located in Los Angeles, CA. The organization was established in 2019. 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. Fosterstrong 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, Fosterstrong generated $51.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 3 years. 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
SPEAK AT CONFERENCES TO EDUCATE THE PUBLIC ABOUT THE VALUE OF FOSTERING CHILDREN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Anders CFO | 4 | $0 | |
Sean Anders CEO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $10 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,096 |
| Total expenses | $2,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,501 |
| Other assets | $0 |
| Total assets | $137,501 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,501 |
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