GILBERT, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOOST A FOSTER FAMILY INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $314K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 15% operating margin.
OUR HOPE IS THAT OUR WORK WILL HELP FOSTER CHILDREN TO BE PLACED IN A HOME IN A TIMELIER MANNER, AVOIDING LENGTHY STAYS IN SHELTERS AND GROUP HOMES. PROSPECTIVE FOSTER FAMILIES WILL FULFILL THEIR STATE REQUIREMENTS AND BE GRANTED LICENSES QUICKER, THUS ALLOWING THEM TO BEGIN RECEIVING MUCH NEEDED RESOURCES ONLY AVAILABLE TO LICENSED CAREGIVERS.
DURING 2023, BOOST A FOSTER FAMILY SERVED OVER 1300 FAMILIES WITH OVER 3600 CHILDREN THROUGHOUT THE STATE OF ARIZONA. OF THE 3600 CHILDREN SERVED, OVER 2200 WERE ARIZONA FOSTER CHILDREN. BOOST...
DURING 2023, BOOST A FOSTER FAMILY SERVED OVER 1300 FAMILIES WITH OVER 3600 CHILDREN THROUGHOUT THE STATE OF ARIZONA. OF THE 3600 CHILDREN SERVED, OVER 2200 WERE ARIZONA FOSTER CHILDREN. BOOST ASSISTED THESE FAMILIES AND CHILDREN BY PROVIDING SAFETY ITEMS TO KINSHIP FAMILIES. OF THE FAMILIES SERVED, OVER 70 WERE CONSIDERED LOW INCOME. BOOST A FOSTER FAMILY INCREASED ITS VOLUNTEER BASE AND ITS REFERRAL SOURCES, AS WELL AS FURTHERING COMMUNITY OUTREACH AND GRANT RESOURCES. IN 2024, BOOST WILL CONTINUE ITS WORK SUPPORTING ARIZONA KINSHIP FOSTER FAMILIES BY PROVIDING SAFETY ITEMS AND SERVICES, SUCH AS FIRE EXTINGUISHERS, SMOKE ALARMS, CPR CLASSES, BEDS AND BEDDING, DOCTORS PHYSICALS, POOL FENCES, ETC.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $314,055 | $212,915 | +0.5% |
| Expenses | $266,324 | $215,326 | +0.2% |
| Net Income | $47,731 | $-2,411 | -20.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JENNY COOK | SECRETARY | 030.00 |
Officer
Director
|
$24,000 | $0 | $24,000 |
| MICHELLE NOE | PRESIDENT | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALICE BURBA | VICE-PRESIDENT | 025.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONNA OLSON | TREASURER | 010.00 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN OLSON | DIRECTOR | 005.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $314,055 | $266,324 | $204,045 | $47,731 |
| 2022 | $212,915 | $215,326 | $157,354 | $-2,411 |
| 2021 | $242,623 | $201,080 | $158,714 | $41,543 |
Compare BOOST A FOSTER FAMILY INC with other nonprofits in Arizona and across the country.