Friends Of Foster Children
- Assets
- $264.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 05/1976
- Data as of
- 04/2024
- EIN
- 95-2994439
Organization Overview
Friends Of Foster Children is located in Arcadia, CA. The organization was established in 1976. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Foster Children 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 04/2024, Friends Of Foster Children generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $71.8k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO FOSTER CHILDREN IN RESIDENTIAL FACILITIES AND TO EMANCIPATED FOSTER YOUTH.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO EMANCIPATED YOUTH ATTENDING COLLEGE
RESIDENTIAL SUPPORT ACTIVITIES FOR FOSTER CHILDREN.
SCHOOL SUPPLIES TO FOSTER CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginger Loesch President | 2 | $0 | |
Deborah Mistretta Director | 1 | $0 | |
Kathy Stokes Secretary/treasurer | 2 | $0 | |
Scott Winnie Director | 1 | $0 | |
Kris Mathison Asst. Treasurer | 2 | $0 | |
Rachel Lasota Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,866 |
| Total Program Service Revenue | $0 |
| Membership dues | $475 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,373 |
| 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 | $2,732 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,959 |
| Total expenses | $71,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,377 |
| Other assets | $0 |
| Total assets | $264,377 |
| Total liabilities | $0 |
| Net assets or fund balances | $264,377 |