Utah Foster Care Foundation
- Assets
- $3.8m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 48
- Location
- Murray, UT
- Founding
- 04/1999
- Data as of
- 06/2023
- EIN
- 87-0619181
Organization Overview
Utah Foster Care Foundation is located in Murray, UT. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Utah Foster Care Foundation employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Foster Care Foundation 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 06/2023, Utah Foster Care Foundation generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $4.4m during the year ending 06/2023. While expenses have increased by 3.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE SERVE UTAH'S CHILDREN BY FINDING, EDUCATING, AND NURTURING FAMILIES TO MEET THE NEEDS OF CHILDREN IN FOSTER CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2023, UTAH FOSTER CARE RECRUITED AND TRAINED OVER 400 FAMILIES WHO WERE WILLING TO PROVIDE SAFE AND LOVING HOMES FOR CHILDREN IN NEED. UTAH FOSTER CARE HAD 781 CONSULTATIONS WITH PROSPECTIVE FOSTER PARENTS AND HELD 224 SUPPORT MEETINGS WITH CURRENTLY LICENSED FOSTER PARENTS. 2,278 HOURS OF LIVE TRAINING WAS PROVIDED TO CURRENT AND PROSPECTIVE FOSTER FAMILIES. BEGINNING JANUARY 1ST, 2023, UTAH FOSTER CARE INITIATED ITS NEW CLINICAL PROGRAM. THIS PROGRAM WAS ROLLED OUT TO HELP LICENSED FOSTER FAMILIES COPE WITH TRAUMA-BASED EXPERIENCES WITH THE HELP OF CLINICALLY LICENSED STAFF MEMBERS. FROM JANUARY 1, 2023 THRU JUNE 30TH, 2023, UTAH FOSTER CARE WORKED WITH 309 FAMILIES IN BOTH GROUP AND INDIVIDUAL SESSIONS. THE PROGRAM PLANS TO EXPAND IN FUTURE FISCAL YEARS.
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 |
|---|---|---|---|
Nikki Mackay CEO | Officer | 40 | $0 |
Michael Hamblin CEO | Officer | 40 | $96,562 |
Brad Hall CFO | Officer | 32 | $41,444 |
Jeannine P Timothy Chair | OfficerTrustee | 0.2 | $0 |
Jillian Lessner Treasurer | OfficerTrustee | 0.2 | $0 |
Landon Hardcastle Secretary | OfficerTrustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,104,624 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,307,982 |
| Noncash contributions included in lines 1a–1f | $416,916 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,412,606 |
| Total Program Service Revenue | $0 |
| Investment income | $17,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,884 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,431,543 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,584 |
| Compensation of current officers, directors, key employees. | $10,372 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,925,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $575,694 |
| Payroll taxes | $144,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,323 |
| Fees for services: Lobbying | $25,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,978 |
| Advertising and promotion | $0 |
| Office expenses | $83,923 |
| Information technology | $153,619 |
| Royalties | $0 |
| Occupancy | $261,725 |
| Travel | $61,936 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,594 |
| Insurance | $16,091 |
| All other expenses | $75,566 |
| Total functional expenses | $4,352,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $637,268 |
| Savings and temporary cash investments | $738,186 |
| Pledges and grants receivable | $5,765 |
| Accounts receivable, net | $654,330 |
| 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 | $161,168 |
| Net Land, buildings, and equipment | $10,626 |
| Investments—publicly traded securities | $170,784 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,406,911 |
| Total assets | $3,785,038 |
| Accounts payable and accrued expenses | $263,785 |
| 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 | $1,412,847 |
| Total liabilities | $1,676,632 |
| Net assets without donor restrictions | $1,924,619 |
| Net assets with donor restrictions | $183,787 |
| 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 | $3,785,038 |