FOUNDATION FOR FOSTER CHILDREN INC (EIN 261682601) - 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

2008

Legal Domicile

Principal Officer

RAQUEL BELL

Phone

4074224615

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR FOSTER CHILDREN INC, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $2.7M exceeded revenue, resulting in a 26% operating deficit.

Mission

OUR MISSION IS TO CREATE MEANINGFUL CONNECTIONS FOR CHILDREN IN FOSTER CARE THROUGH PERSONALIZED SUPPORT.

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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 $2,100,288

Program Service Revenue $35,834

Investment Income $26,687

Other Revenue $-6,523

TOTAL REVENUE $2,156,286

Expense Breakdown

Grants Paid $651,977

Salaries & Benefits $1,599,681

Fundraising Expenses $307,753

Program Expenses $2,037,574

Other Expenses $457,814

TOTAL EXPENSES $2,709,472

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,156,286	$3,921,455	-0.5%
Expenses	$2,709,472	$3,611,222	-0.2%
Net Income	$-553,186	$310,233	-2.8%

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

$30,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CELESTE THACKER	PRESIDENT	5.00	Officer Director	$0	$0	$0
HOLLY GREER	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE CHIRA CARLTON	DIRECTOR	2.00	Director	$0	$0	$0
KEITH COKER	DIRECTOR	5.00	Director	$0	$0	$0
SEJAL PATEL	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JENNIFER SPOONER	TREASURER	5.00	Officer Director	$0	$0	$0
LAURA EIDSON COSGROVE	DIRECTOR	2.00	Director	$0	$0	$0
LARA LEE	DIRECTOR	2.00	Director	$0	$0	$0
LAMONT JACKSON	DIRECTOR	2.00	Director	$0	$0	$0
ALISON YURKO	DIRECTOR	2.00	Director	$0	$0	$0
JANICE BRODIE	DIRECTOR	2.00	Director	$0	$0	$0
MARK TJERNAGEL	SECRETARY	2.00	Officer Director	$0	$0	$0
KIM BAXTER	PRESIDENT-ELECT	2.00	Director	$0	$0	$0
DAVE VARET	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL CRAINE	DIRECTOR	2.00	Director	$0	$0	$0
BERNADETTE RAMPERSAD	DIRECTOR	2.00	Director	$0	$0	$0
LINDSAY WOESTE	DIRECTOR	2.00	Director	$0	$0	$0
PURVI JAYSWAL	DIRECTOR	2.00	Director	$0	$0	$0
KAY REDLICH	DIRECTOR	2.00	Director	$0	$0	$0
RAQUEL BELL	EXECUTIVE DIRECTOR	45.00	Officer	$27,083	$3,504	$30,587
ROBERT NEWKIRK	FORMER EXECUTIVE DIRECTOR	45.00		$126,859	$3,806	$130,665

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,156,286	$2,709,472	$2,305,308	$-553,186
2022	$3,921,455	$3,611,222	$2,933,211	$310,233
2021	$3,146,058	$2,634,284	$2,698,652	$511,774
2020	$1,649,461	$1,853,833	$2,092,639	$-204,372
2019	$1,071,644	$1,334,850	$2,190,915	$-263,206
2018	$1,668,399	$1,281,195	$2,365,403	$387,204

FOUNDATION FOR FOSTER CHILDREN INC