FOUNDATIONS FOR HOME & COMMUNITY INC

EIN: 311701722 501(c)(3) Human Services

PORTSMOUTH, VA

Total Revenue
$4,538,075
Total Expenses
$4,021,785
Total Assets
$20,790,156
Net Assets
$20,050,898
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
VA
Phone
7573937200
Tax Period
2024-07-01 to 2025-06-30

FOUNDATIONS FOR HOME & COMMUNITY INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2017. Expenses of $4.9M exceeded revenue, resulting in a 22% operating deficit.

Mission

FOUNDATIONS FOR HOME AND COMMUNITY IS A TREATMENT FOSTER CARE PROGRAM THAT SERVICES CHILDREN, FROM NEWBORN TO AGE 21, WHO REQUIRE OUT-OF-HOME, COMMUNITY-BASED PLACEMENT IN A FAMILY SETTING, AND WHO HAVE BEEN UNSUCCESSFUL OR ARE INAPPROPRIATE FOR TRADITIONAL FOSTER CARE. THE MISSION OF THE AGENCY IS TO PROVIDE CHILDREN AND YOUTH WITH COMPREHENSIVE, COORDINATED, COST-EFFECTIVE TREATMENT SERVICES IN THE LEAST RESTRICTIVE, MOST NORMALIZED ENVIRONMENT.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,106,251
Investment Income $1,431,824
Other Revenue $0
TOTAL REVENUE $4,538,075

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,210,780
Other Expenses $4,021,785
TOTAL EXPENSES $4,021,785

Year-over-Year Comparison

2024 2023 Change
Revenue $4,538,075 $4,525,107 +0.0%
Expenses $4,021,785 $3,871,599 +0.0%
Net Income $516,290 $653,508 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATOYA WRIGHT-BONAPARTE PRESIDENT/CHAIRMAN 2.0
Officer Director
$0 $0 $0
CHRISTOPER ACHUENU BOARD MEMBER 2.0
Director
$0 $0 $0
JULIA O'BRIEN BOARD MEMBER 2.0
Director
$0 $0 $0
KEELA HAILES BOARD MEMBER 2.0
Director
$0 $0 $0
MARY SHINE BOARD MEMBER 2.0
Director
$0 $0 $0
ROBERT STIEG BOARD MEMBER 2.0
Director
$0 $0 $0
CHAD LANNING CFO 2.0
Officer
$0 $0 $0
EMILY MEYERS PROGRAM DIRECTOR 40.0
Officer
$0 $0 $0
ROSE BRUZZO CEO 20.0
Officer
$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 $4,538,075 $4,021,785 $20,790,156 $516,290
2024 No data No data No data No data
2023 $4,105,075 $4,153,588 $18,022,582 $-48,513
2022 $4,051,248 $3,364,076 $16,558,173 $687,172
2021 $4,020,174 $3,899,173 $18,450,490 $121,001
2020 $4,111,076 $3,872,986 $15,824,703 $238,090
2019 $4,067,808 $4,227,149 $16,400,757 $-159,341
2018 $4,037,030 $4,909,568 $15,747,415 $-872,538
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