Foster Nation
- Assets
- $579.7k
- Revenue
- $975.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2404828
Organization Overview
Foster Nation is located in Los Angeles, CA. 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 Nation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Nation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER NATION ENGAGES AND EMPOWERS THE COMMUNITY TO PREPARE, SUPPORT AND EMPOWER (SEE SCH O) FOSTER YOUTH AGING OUT OF THE SYSTEM TO BE SELF-SUFFICIENT ADULTS BY PROVIDING RESOURCES, SOCIAL SUPPORT, AND MENTORSHIP. OUR MAIN PROGRAMS ARE 1) MEAL NATION TO ADDRESS FOOD INSECURITY; 2) CAREERX TO HELP FOSTER YOUTH DEVELOP PERSONAL AND PROFESSIONAL SKILLS NECESSARY FOR ADULTHOOD; 3) THE COLLECTIVE TO RAISE AWARENESS AND ADVOCATE ON BEHALF OF FOSTER YOUTH WHILE DEVELOPING THE NEXT GENERATION OF IMPACT LEADERS; AND 4)DEFY IMPOSSIBLE SCHOLARSHIP TO CREATE A CAREER PATHWAY INTO THE BEAUTY INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEAL NATION - FREE MEAL DELIVERY/PICK UP SERVICE TO FIGHT FOOD INSECURITY: DURING THE COVID-19 PANDEMIC, WE LAUNCHED THE MEAL NATION PROGRAM TO ADDRESS FOOD INSECURITY FOR FOSTER YOUTH STUDENTS IN COLLEGE. THIS WAS DONE BY PROVIDING YOUTH WITH FREE MEALS FOR 30-60-90 DAYS THAT CAN EITHER BE PICKED UP FROM A LOCAL RESTAURANT, THROUGH OUR PARTNERSHIP WITH BENTO, OR DELIVERED THROUGH OUR PARTNER FRESHLY. WE DISTRIBUTED 76,000+ MEALS TO OVER 2,000 FOSTER YOUTH. CURRENTLY, WE PARTNER DIRECTLY WITH COLLEGES AND UNIVERSITIES IN CALIFORNIA TO PROVIDE MEAL NATION AS AN EMERGENCY-BASED PROGRAM FOR FOSTER YOUTH STUDENTS IN GUARDIAN SCHOLAR PROGRAMS.
BASIC NEEDS - (WORKING NAME: CORE GOODS / THE ESSENTIALS) FREE SHOPPING DAYS FOR FOSTER YOUTH: WE HELP BUILD CONFIDENCE IN FOSTER YOUTH BY PROVIDING ESSENTIAL RESOURCES VIA FREE POP-UP SHOPPING DAYS FOR YOUTH TO SHOP FOR PROFESSIONAL AND CASUAL CLOTHING, TOILETRIES, BEAUTY PRODUCTS, AND ACCESSORIES. OUR GOAL IS TO ENSURE FOSTER YOUTH FEEL CONFIDENT AS THEY PURSUE THEIR PROFESSIONAL AND EDUCATIONAL DREAMS.
MILESTONE GIFTS - (WORKING NAME: SPARKS OF LOVE / BIG SPARKS) CELEBRATORY GIFTS TO CELEBRATE THE SMALL AND BIG MOMENTS IN LIFE: WE PROVIDE CELEBRATORY GIFTS FOR FOSTER YOUTH DURING IMPORTANT MILESTONES/EVENTS IN THEIR LIVES, SUCH AS HIGH SCHOOL OR COLLEGE GRADUATION, BACK TO SCHOOL, OR BIRTHDAYS. OUR GOAL IS TO REMIND YOUTH THAT THERE ARE ALWAYS PEOPLE WHO CARE ABOUT THEM AND ARE IN THEIR CORNER.
CAREERX - 6 TO 9 MONTH CAREER COACHING PROGRAM - IN DEVELOPMENT IN 2021: WE ENSURE FOSTER YOUTH HAVE EQUAL FOOTING WHEN THEY ENTER THE PROFESSIONAL WORLD BY MATCHING THEM WITH A DEDICATED ONE-ON-ONE CAREER COACH, AND PROVIDING THEM WITH CAREER READINESS TRAINING NECESSARY TO HELP THEM BECOME SELF-SUFFICIENT POST FOSTER CARE. OUR GOAL IS TO HELP FOSTER YOUTH DEVELOP FOUNDATIONAL LIFE AND PROFESSIONAL SKILLS NECESSARY TO ENTER THE REAL WORLD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Lin Executive Director | Officer | 40 | $42,500 |
Jeanne Pritzker Secretary | OfficerTrustee | 4 | $0 |
Caroline Kunitz President | OfficerTrustee | 2 | $0 |
David Milken Treasurer | OfficerTrustee | 4 | $0 |
Aaron Elster Director | Trustee | 2 | $0 |
Dave Herman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $975,776 |
| Noncash contributions included in lines 1a–1f | $198,389 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $975,776 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $975,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $279,835 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,500 |
| Compensation of current officers, directors, key employees. | $42,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $957 |
| Payroll taxes | $6,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,060 |
| Fees for services: Accounting | $3,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,447 |
| Advertising and promotion | $514 |
| Office expenses | $8,289 |
| Information technology | $6,645 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,168 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,343 |
| All other expenses | $0 |
| Total functional expenses | $407,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,670 |
| 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 | $0 |
| 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 | $579,670 |
| Accounts payable and accrued expenses | $11,030 |
| 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 | $11,030 |
| Net assets without donor restrictions | $0 |
| 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 | $568,640 |
| Total liabilities and net assets/fund balances | $579,670 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Foster Nation has recieved totaling $37,999.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSES | | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,989 |
The California Wellness Foundation Los Angeles, CA PURPOSE: FOR CORE OPERATING SUPPORT FOR SERVICES THAT SUPPORT AND EMPOWER FOSTER YOUTH IN LOS ANGELES BY REDUCING FOOD INSECURITIES AND ENHANCING CAREER DEVELOPMENT THROUGH MENTORSHIP PROGRAMS. | $5,000 |
The Clarion Capital Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hathaway-Sycamores Child And Family Services Los Angeles, CA | $28,384,086 | $61,200,132 |
Childrens Cabinet Inc A Child And Family Resource Reno, NV | $35,960,816 | $54,256,092 |
Cocokids Inc Concord, CA | $10,471,686 | $53,023,141 |
Childhelp Inc Scottsdale, AZ | $27,663,489 | $48,183,793 |
Childrens Bureau Of Southern Calif Los Angeles, CA | $50,531,468 | $47,479,306 |
Para Los Ninos Los Angeles, CA | $25,620,640 | $46,741,167 |
Jewish Family & Childrens Service Phoenix, AZ | $35,725,821 | $43,815,904 |
Solano Family & Childrens Council Fairfield, CA | $6,189,383 | $38,720,449 |
Community Child Care Council Of Santa Clara County Inc San Jose, CA | $1,636,421 | $36,793,456 |
Larkin Street Youth Services San Francisco, CA | $40,568,485 | $46,585,374 |
Child And Family Guidance Center Northridge, CA | $11,291,544 | $29,685,186 |
Childnet Youth And Family Services Inc Long Beach, CA | $44,773,984 | $33,626,452 |