BETA FOSTER CARE

EIN: 330311770 501(c)(3)

LAGUNA HILLS, CA

Total Revenue
$549,267
Total Expenses
$516,519
Total Assets
$871,844
Net Assets
$794,453
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
CA
Phone
9496007722
Tax Period
2024-01-01 to 2024-12-31

BETA FOSTER CARE, founded in 1988, is a small nonprofit that reported $549K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $517K left a modest 6% surplus.

Mission

PROVIDE PRIVATE FOSTER FAMILY PLACEMENT FOR CHILDREN WHO HAVE BEEN REMOVED FROM THEIR PARENTS' CUSTODY DUE TO ABUSE AND NEGLECT.

Program Service Accomplishments

Program 1
Expenses: $479,788

PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2021 PROGRAM SERVICESPRIMARY EXEMPT PURPOSES: BETA FOSTER CARE WAS INCORPORATED ON 07/21/88 FOR THE PURPOSE...

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PROGRAM SERVICES ACCOMPLISHMENTANNUAL TAX FILING DATABETA FOSTER CARE: JANUARY - DECEMBER 2021 PROGRAM SERVICESPRIMARY EXEMPT PURPOSES: BETA FOSTER CARE WAS INCORPORATED ON 07/21/88 FOR THE PURPOSE OF PROVIDING SERVICES THAT PREVENT CRUELTY TO CHILDREN. THE PROGRAM DESCRIBED BELOW ACHIEVED THIS PURPOSE IN THE ABOVE REPORTING PERIOD.FOSTER CARE PROGRAM: BETA FOSTER CARE PLACED CHILDREN INTO AGENCY CERTIFIED HOMES DURING 2021. WHILE IN PLACEMENT, CHILDREN RECEIVED RESIDENTIAL CHILD CARE SERVICES, WEEKLY MENTAL HEALTH SERVICES (IF 5 YEARS OF AGE AND OLDER) FOR THE FIRST 30 DAYS OF PLACEMENT-THEN EVERY OTHER WEEK THEREAFTER. THESE CHILDREN ALSO RECEIVED WEEKLY SOCIAL SERVICES WITH THE GOAL OF NATURAL/BIOLOGICAL PARENT FAMILY REUNIFICATION, OR TO BE DISCHARGED OUT OF FOSTER CARE INTO PERMANENT PLACEMENT(ADOPTION OR GUARDIANSHIP). THESE CASE PLAN GOALS ARE DETERMINED BY THE COUNTY PLACEMENT AGENCIES THAT CONTRACT WITH BETA FOSTER CARE, ON A PER CHILD BASIS, FOR FOSTER CARE SERVICES . BETA FOSTER CARE IS UNDER CONTRACT WITH ORANGE COUNTY SOCIAL SERVICES AGENCY TO PROVIDE FOSTER CARE SERVICES. BETA FOSTER CARE MAY RECEIVE PLACEMENT OF FOSTER YOUTH FROM LOS ANGELES COUNTY OF CHILDREN AND FAMILY SERVICES AS WELL, PER COUNTY ADMINISTRATIVE APPROVAL OF AGENCIES NOT UNDER CONTRACT.DURING THE REPORTING PERIOD, BETA FOSTER CARE RECRUITED, SCREENED, TRAINED, AND THEN CERTIFIED NEW RESOURCE FAMILY HOMES. RESOURCE FAMILY CERTIFICATION REQUIRES A MORE COMPLEX APPROVAL PROCESS DUE TO NEW FOSTER CARE REFORM LAWS. SINCE 2017, THE CALIFORNIA DEPARTMENT OF SOCIAL SERVICES BEGAN REQUIRING DETAIL AND SPECIFIC RESOURCE FAMILY HOME STUDIES WITH PSYCHOSOCIAL ASSESSMENTS. ALSO,IN 2017, BETA FOSTER CARE BECAME NATIONALLY ACCREDITED AS FOSTER FAMILY AGENCY BY CARF INTERNATIONAL. THIS IS A CARF THREE-YEAR ACCREDITATION THAT WAS AWARDED TO BETA FOSTER CARE UPON PASSING A WEEK LONG PROGRAM AUDIT. THIS ACCREDITION IS ALSO A NEW REQUIREMENT UNDER THE NEW FOSTER CARE REFORM LAWS.

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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 $75,895
Program Service Revenue $381,939
Investment Income $91,210
Other Revenue $223
TOTAL REVENUE $549,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $235,853
Fundraising Expenses $8,271
Program Expenses $479,788
Other Expenses $277,835
TOTAL EXPENSES $516,519

Year-over-Year Comparison

2024 2023 Change
Revenue $549,267 $757,189 -0.3%
Expenses $516,519 $651,136 -0.2%
Net Income $32,748 $106,053 -0.7%
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
5
Independent Members
3
Employees
6
Volunteers
N/A

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
1
$98,900
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG ZACUTO Executive Dir. 40.00
Officer
$98,900 $0 $98,900
MICHAEL ESTEY President 2.00
Director
$0 $0 $0
STACIE HENDERSON ESQ Secretary 2.00
Director
$0 $0 $0
ADAM ZACUTO CFO & MEMBER 2.00
Director
$0 $0 $0
TERRI ESTEY BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY LINDHOLM 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
2024 $549,267 $516,519 $871,844 $32,748
2023 $757,189 $651,136 $793,509 $106,053
2022 $457,041 $539,394 $577,752 $-82,353
2021 $898,210 $569,007 $747,390 $329,203
2020 $621,850 $572,424 $397,079 $49,426
2019 $627,747 $576,988 $357,805 $50,759
2018 $601,302 $568,800 $316,657 $32,502
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