FOSTERING CHANGE FOR CHILDREN LTD (EIN 202242921) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

BARRY CHAFFKIN

Phone

6318330109

Tax Period

2024-07-01 to 2025-06-30

FOSTERING CHANGE FOR CHILDREN LTD, founded in 2005, is a small nonprofit in the Human Services sector that reported $811K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $698K left a modest 14% surplus.

Mission

Training & coaching of foster parents; Selection, training, coaching of incoming child welfare workers.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $354,863

Program Service Revenue $445,509

Investment Income $0

Other Revenue $10,680

TOTAL REVENUE $811,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $588,475

Fundraising Expenses $24,836

Program Expenses $608,100

Other Expenses $109,240

TOTAL EXPENSES $697,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$811,052	$656,470	+0.2%
Expenses	$697,715	$695,831	+0.0%
Net Income	$113,337	$-39,361	-3.9%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$157,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY CHAFFKIN	CEO&CO-FOUNDER	40.00	Officer	$157,000	$0	$157,000
Melissa Potter Forde	Chairman	2.00	Officer Director	$0	$0	$0
ADAM JENAH	Treasurer	2.00	Officer Director	$0	$0	$0
Ronald Klempner	ViceChairperson	2.00	Officer Director	$0	$0	$0
Gregory Jay	Secretary	2.00	Officer Director	$0	$0	$0
Zac Schwartzman	BOARD MEMBER	1.00	Director	$0	$0	$0
David Coquillette	BOARD MEMBER	1.00	Director	$0	$0	$0
BETH MUTNIK	BOARD MEMBER	1.00	Director	$0	$0	$0

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
2025	$811,052	$697,715	$110,253	$113,337
2024	No data	No data	No data	No data
2023	$619,435	$743,982	$96,729	$-124,547
2023	$427,029	$507,885	$114,968	$-80,856
2022	$456,038	$764,600	$160,824	$-308,562
2021	$946,985	$754,389	$393,096	$192,596
2020	$707,338	$582,038	$273,783	$125,300
2019	$585,431	$586,021	$74,539	$-590

FOSTERING CHANGE FOR CHILDREN LTD