FaithBridge Foster Care Inc (EIN 205162251) - 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

2006

Legal Domicile

Phone

6786907100

Tax Period

2023-01-01 to 2023-12-31

FaithBridge Foster Care Inc, founded in 2006, is a community nonprofit in the Human Services sector that reported $7.9M in total revenue in fiscal year 2023.

Mission

Mobilize and equip families, and their local churches, to provide effective foster care solutions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,836,723

Program Service Revenue $6,072,451

Investment Income $9,227

Other Revenue $-51,558

TOTAL REVENUE $7,866,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,876,698

Fundraising Expenses $279,100

Program Expenses $7,122,373

Other Expenses $4,173,703

TOTAL EXPENSES $8,050,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,866,843	$7,664,661	+0.0%
Expenses	$8,050,401	$7,351,812	+0.1%
Net Income	$-183,558	$312,849	-1.6%

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

121

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

$141,461

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Treasurer	2.0	Officer Director	$0	$0	$0
N/A	Chairman	4.0	Officer Director	$0	$0	$0
N/A	Secretary	2.0	Officer Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	Director	2.0	Director	$0	$0	$0
N/A	President and CEO	40.0	Officer	$0	$0	$0
N/A	Vice President of Finance	40.0	Officer	$131,304	$10,157	$141,461
N/A	VP Marketing and Community Engagement	40.0	Highest	$167,084	$51,670	$218,754
N/A	VP of Foster Care Ops	40.0	Highest	$133,750	$45,774	$179,524

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	$7,866,843	$8,050,401	$1,955,086	$-183,558
2022	$7,664,661	$7,351,812	$2,261,362	$312,849
2021	$7,652,118	$6,891,632	$1,803,240	$760,486
2020	$7,125,438	$7,113,359	$1,542,654	$12,079
2019	$6,599,850	$6,588,854	$1,008,244	$10,996
2018	$5,657,544	$5,592,616	$891,210	$64,928

FaithBridge Foster Care Inc