FOSTER SUCCESS

EIN: 455056874 501(c)(3) Human Services

INDIANAPOLIS, IN

Total Revenue
$5,082,104
Total Expenses
$4,406,626
Total Assets
$9,131,708
Net Assets
$7,788,044
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IN
Principal Officer
MAGGIE STEVENS PHD
Phone
3179178940
Tax Period
2024-07-01 to 2025-06-30

FOSTER SUCCESS, founded in 2012, is a community nonprofit in the Human Services sector that reported $5.1M in total revenue in fiscal year 2024. Expenses of $4.4M left a modest 13% surplus.

Mission

FOSTER SUCCESS' MISSION IS TO ENSURE THAT FOSTER CARE YOUTH ARE EDUCATED, HOUSED, FINANCIALLY STABLE, EMPLOYED AND CONNECTED TO A SUPPORT SYSTEM BY AGE 25. FOSTER SUCCESS IS A 501(C)(3) CHARITABLE ORGANIZATION THAT PROVIDES TECHNICAL ASSISTANCE TO BUILD THE CAPACITY OF FUNDERS, STATE AND LOCAL POLICY MAKERS, CASE MANAGERS, INDEPENDENT LIVING SPECIALISTS AND YOUTH-SERVING PROVIDERS TO EFFECTIVELY SUPPORT YOUTH TRANSITIONING FROM FOSTER CARE.

Program Service Accomplishments

Program 1
Expenses: $2,107,588

EDUCATIONAL SUCCESS. EDUCATIONAL SUCCESS LOOKS DIFFERENT FOR EACH PERSON. THROUGH A COMPREHENSIVE SERIES OF EDUCATIONAL SUPPORT PROGRAMS, PARTICIPANTS CAN ACCESS SUPPORT TO NAVIGATE THEIR JOURNEY...

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EDUCATIONAL SUCCESS. EDUCATIONAL SUCCESS LOOKS DIFFERENT FOR EACH PERSON. THROUGH A COMPREHENSIVE SERIES OF EDUCATIONAL SUPPORT PROGRAMS, PARTICIPANTS CAN ACCESS SUPPORT TO NAVIGATE THEIR JOURNEY FROM HIGH SCHOOL TO COLLEGE AND THROUGH THE VARIOUS CHALLENGES THAT COME ALONG WITH EACH STEP.

Program 2
Expenses: $513,218

HEALTH & WELL-BEING. WE KNOW THAT THE HEALTH AND WELL-BEING OF A YOUNG PERSON IS NOT SIMPLY DEPENDENT ON THE CHOICES THEY MAKE. THERE ARE COMPLEX CONDITIONS, LIKE WHERE THEY LIVE, WORK, LEARN, AND...

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HEALTH & WELL-BEING. WE KNOW THAT THE HEALTH AND WELL-BEING OF A YOUNG PERSON IS NOT SIMPLY DEPENDENT ON THE CHOICES THEY MAKE. THERE ARE COMPLEX CONDITIONS, LIKE WHERE THEY LIVE, WORK, LEARN, AND PLAY, THAT AFFECT THEM, TOO. WE STRIVE TO MAKE SURE EVERY YOUNG PERSON CAN MEET THEIR MOST BASIC NEEDS. WE PROVIDE 1:1 REFERRALS AND REAL CONNECTIONS TO COMMUNITY RESOURCES INCLUDING: DOCUMENTATION, HOUSING, FINANCIAL SUPPORT, FOOD, HYGIENE ITEMS, TRANSPORTATION, MEDICAL & HEALTH NEEDS, AND SELF-ADVOCACY.

Program 3
Expenses: $433,332

YOUTH ENGAGEMENT. THE YOUTH ENGAGEMENT PROGRAMS BRING TOGETHER YOUNG PEOPLE TO SUPPORT ONE ANOTHER AND TACKLE THE ISSUES THAT MATTER TO THEM. WHETHER OR NOT A YOUNG PERSON IS INVOLVED IN SOME OF OUR...

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YOUTH ENGAGEMENT. THE YOUTH ENGAGEMENT PROGRAMS BRING TOGETHER YOUNG PEOPLE TO SUPPORT ONE ANOTHER AND TACKLE THE ISSUES THAT MATTER TO THEM. WHETHER OR NOT A YOUNG PERSON IS INVOLVED IN SOME OF OUR OTHER PROGRAMS, WE STILL WANT THOSE WHO HAVE BEEN IN FOSTER CARE TO ENGAGE WITH THEIR PEERS WHO HAVE SHARED EXPERIENCES.

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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 $4,661,126
Program Service Revenue $0
Investment Income $383,443
Other Revenue $37,535
TOTAL REVENUE $5,082,104

Expense Breakdown

Grants Paid $2,076,889
Salaries & Benefits $1,528,158
Fundraising Expenses $380,388
Program Expenses $3,768,740
Other Expenses $801,579
TOTAL EXPENSES $4,406,626

Year-over-Year Comparison

2024 2023 Change
Revenue $5,082,104 $5,295,027 0.0%
Expenses $4,406,626 $4,858,669 -0.1%
Net Income $675,478 $436,358 +0.5%
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
14
Independent Members
14
Employees
34
Volunteers
173

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
8
$398,277
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAGGIE STEVENS PHD CEO/PRESIDENT 40.00
Officer
$128,642 $22,337 $150,979
MONIKA MALA PHD CHIEF OPERATIONS OFFICER 40.00
Officer
$118,249 $4,341 $122,590
TRAVIS TESTER MA CFRE CHIEF DEVELOPMENT/COMMUNICATIONS OFFICER 40.00
Officer
$109,758 $14,950 $124,708
KATE HUSSEY BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOHN TOTTEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARIE CAMERON TREASURER 1.00
Officer Director
$0 $0 $0
MEGAN SAVAGE SECRETARY 1.00
Officer Director
$0 $0 $0
DANNY KIBBLE PAST BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MIKE BRADY BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE HOY BOARD MEMBER 1.00
Director
$0 $0 $0
SHONTRAI IRVING BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
NICK MUSIAL BOARD MEMBER 1.00
Director
$0 $0 $0
BARATH RAMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MORGAN RUMPLE-WHITING BOARD MEMBER 1.00
Director
$0 $0 $0
DEMETRIUS WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
AMBER WILLIAMS 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 $5,082,104 $4,406,626 $9,131,708 $675,478
2024 $5,295,027 $4,858,669 $8,601,878 $436,358
2023 $9,816,775 $4,876,329 $8,230,593 $4,940,446
2022 $5,024,322 $4,982,502 $2,116,539 $41,820
2021 $3,552,429 $3,539,884 $1,822,992 $12,545
2020 $3,089,590 $2,914,288 $1,537,224 $175,302
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