FOSTER SOURCE

EIN: 812922749 501(c)(3) Human Services

THORNTON, CO

Total Revenue
$1,247,405
Total Expenses
$1,420,114
Total Assets
$340,292
Net Assets
$251,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CO
Principal Officer
RENEE BERNHARD
Phone
3036184331
Tax Period
2025-01-01 to 2025-12-31

FOSTER SOURCE, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 14% operating deficit.

Mission

OUR MISSION IS TO PROMOTE HEALING FOR CHILDREN AND FAMILIES IMPACTED BY CHILD WELFARE THROUGH MEANINGFUL, TRANSFORMATIONAL RESOURCES, COMMUNITY AND SUPPORT.

Program Service Accomplishments

Program 1
Expenses: $1,206,799 Revenue: $11,580

FOSTER SOURCE REBRANDED TO FOSTER SOURCE DBA BE THE SOURCE IN 2025. THE AGENCY SERVED WELL OVER 4000 FOSTER AND KINSHIP CAREGIVERS AND CHILDREN, AS WELL AS NATURAL PARENTS WORKING TO REUNIFY WITH...

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FOSTER SOURCE REBRANDED TO FOSTER SOURCE DBA BE THE SOURCE IN 2025. THE AGENCY SERVED WELL OVER 4000 FOSTER AND KINSHIP CAREGIVERS AND CHILDREN, AS WELL AS NATURAL PARENTS WORKING TO REUNIFY WITH HOLISTIC, WRAP-AROUND SERVICES THAT PROMOTE HEALING. IN THE LEARNING SOURCE, 3127 CLASS SURVEYS WERE RECEIVED FROM 1438 CAREGIVERS THAT WERE ACTIVE IN 2025. 636 UNIQUE FAMILIES SUBMITTED 1119 REQUESTS FOR HARD GOOD ITEMS TO MAKE PLACEMENT POSSIBLE OR TO MAINTAIN PLACEMENTS. ITEMS PROVIDED MOST WERE DIAPERS, MATTRESSES AND CAR SEATS. IN THERAPEUTIC SERVICES, 124 NEW CAREGIVERS BEGAN RECEIVING THERAPY, MAKING THE TOTAL OF ALL TIME CAREGIVERS REFERRED TO THERAPY TO 868. BE THE SOURCE SPONSORED 1406 THERAPY SESSIONS IN 2025. EIGHT EQUINE THERAPY LABS WERE HOSTED AND INCLUDED A TOTAL OF 57 PARTICIPANTS. 113 UNIQUE USERS REGISTERED IN THE RESPITE SOURCE AND 316 POSSIBLE RESPITE MATCHES WERE MADE. 53 FAMILIES WITH 64 CHILDREN IN CARE USED THE AGENCY'S FAMILY ADVOCACY SERVICES. 14 LIVED EXPERT AMBASSADORS HOSTED 100 MONTHLY PEER TO PEER SUPPORT EVENTS FOR OVER 1000 CAREGIVERS AND OVER 2000 CHILDREN.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,235,825
Program Service Revenue $11,580
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,247,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $554,883
Fundraising Expenses $45,896
Program Expenses $1,206,799
Other Expenses $865,231
TOTAL EXPENSES $1,420,114

Year-over-Year Comparison

2025 2024 Change
Revenue $1,247,405 $1,494,480 -0.2%
Expenses $1,420,114 $1,329,516 +0.1%
Net Income $-172,709 $164,964 -2.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
9
Volunteers
50

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
3
$82,800
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE BERNHARD EXECUTIVE DI 50.00
Officer
$70,000 $12,800 $82,800
TONYA VAN BEBER BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN BERNHARD PRESIDENT 1.00
Officer Director
$0 $0 $0
SEAN CAMACHO BOARD MEMBER 1.00
Director
$0 $0 $0
NYOMI DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
MATT LACRUE BOARD MEMBER 1.00
Director
$0 $0 $0
DAYLIN SHORT TREASURER 1.00
Officer Director
$0 $0 $0
CHARLES TEDESCO 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 $1,247,405 $1,420,114 $340,292 $-172,709
2024 $1,494,480 $1,329,516 $483,863 $164,964
2023 $987,011 $987,422 $329,005 $-411
2022 $880,079 $753,884 $317,799 $126,195
2021 $511,229 $416,016 $135,733 $95,213
2020 $333,310 $333,411 $55,746 $-101
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