Ark Homes Foster Family Agency

EIN: 200088130 501(c)(3) Human Services

Rancho Cucamonga, CA

Total Revenue
$5,415,506
Total Expenses
$5,294,346
Total Assets
$2,052,283
Net Assets
$1,496,788
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
David K Mathias
Phone
9099485747
Tax Period
2023-01-01 to 2023-12-31

Ark Homes Foster Family Agency, founded in 2003, is a community nonprofit in the Human Services sector that reported $5.4M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

Ark Homes Foster Family Agency is a licensed Foster Family Agency whose primary mission is to provide a healthy, safe, and nurturing environment for emotionally disturbed, neglected, and abused children.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,945,819
Program Service Revenue $469,374
Investment Income $138
Other Revenue $175
TOTAL REVENUE $5,415,506

Expense Breakdown

Grants Paid $1,637,734
Salaries & Benefits $2,685,953
Fundraising Expenses $0
Program Expenses $4,672,532
Other Expenses $970,659
TOTAL EXPENSES $5,294,346

Year-over-Year Comparison

2023 2022 Change
Revenue $5,415,506 $7,526,418 -0.3%
Expenses $5,294,346 $7,621,393 -0.3%
Net Income $121,160 $-94,975 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
69
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$256,850
Total Directors
7
$256,850
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sahaar Azariah Joseph Board Chair 1.00
Officer Director
$0 $0 $0
Rufus Francis Treasurer 1.00
Officer Director
$0 $0 $0
David K Mathias Exec. Director/Secretary 40.00
Officer Director
$232,970 $23,880 $256,850
Michelle Jackson Board Member 1.00
Director
$0 $0 $0
Arusa Malik Board Member 1.00
Director
$0 $0 $0
Isaiah Mall Board Member 1.00
Director
$0 $0 $0
Dr Dennis Nelson Board Member 1.00
Director
$0 $0 $0
Catalino R Aguilar Accounting Manager 40.00
Highest
$116,828 $6,000 $122,828
Alice F Dorothy Program Director/Administrator 40.00
Highest
$100,917 $0 $100,917
Ying Yang Y Pei Accountant 40.00
Highest
$106,097 $5,628 $111,725
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,415,506 $5,294,346 $2,052,283 $121,160
2022 $7,526,418 $7,621,393 $2,099,484 $-94,975
2021 $7,021,482 $6,968,212 $1,896,498 $53,270
2020 $5,771,156 $5,346,157 $1,832,919 $424,999
2019 $3,956,361 $3,728,884 $1,245,305 $227,477
2018 $3,403,756 $3,410,125 $989,525 $-6,369
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