THE NEW FOSTER CARE

EIN: 814793580 501(c)(3) Human Services

BLOOMFIELD HILLS, MI

Total Revenue
$4,683,374
Total Expenses
$3,088,662
Total Assets
$6,736,318
Net Assets
$6,683,677
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
CHRIS YATOOMA
Phone
2488847645
Tax Period
2023-01-01 to 2023-12-31

THE NEW FOSTER CARE, founded in 2016, is a community nonprofit in the Human Services sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 34% operating margin.

Mission

THE NEW FOSTER CARE'S MISSION IS TO MAKE A TRANSFORMATIVE CHANGE IN THE MICHIGAN FOSTER CARE SYSTEM AND A MEASURABLE AND MEANINGFUL IMPACT IN THE LIVES OF CHILDREN WHO HAVE EXPERIENCED FOSTER CARE BY: 1) PROVIDING DIRECT SERVICE PROGRAMS THAT CHANGE THE TRAJECTORY OF YOUTH WITH EXPERIENCE IN FOSTER CARE; 2) PARTNERING WITH THE STATE AND LOCAL AGENCIES TO DEVELOP, FUND, AND IMPLEMENT INNOVATIVE PILOT PROGRAMS; 3) RESEARCHING AND ADVANCING POLICY AND LEGISLATIVE ACTION IN THE BEST INTERESTS OF MICHIGAN'S CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $1,371,841 Revenue: $1,176,947

THE BRIDGE PROGRAM PROVIDES COMMUNITY TEAM BUNDLED SERVICES IN WAYNE, OAKLAND, AND MACOMB COUNTIES TO RESIDENTS AGED 14-29 YEARS OLD IN FOSTER CARE, WHO HAVE AGED OUT OF FOSTER CARE, OR WHO HAVE...

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THE BRIDGE PROGRAM PROVIDES COMMUNITY TEAM BUNDLED SERVICES IN WAYNE, OAKLAND, AND MACOMB COUNTIES TO RESIDENTS AGED 14-29 YEARS OLD IN FOSTER CARE, WHO HAVE AGED OUT OF FOSTER CARE, OR WHO HAVE EXPERIENCED FAILED PERMANENCY PLANS. REFERRALS CAN BE MADE BY SELF-REFERRAL OR COMMUNITY/AGENCY. SERVICES ARE DELIVERED USING THE RESEARCH SUPPORTED TRANSITION TO INDEPENDENCE PROCESS MODEL. THIS MODEL ALLOWS FOR A MULTIDISCIPLINARY TEAM WORKING IN CONJUNCTION AND WITHIN THE COMMUNITY. TEAM MEMBERS INCLUDE A LICENSED THERAPIST, TRANSITION NAVIGATOR TO FUNCTION AS A CASE MANAGER, A PEER SUPPORT SPECIALIST WITH LIVED FOSTER CARE EXPERIENCE, AND A LEGAL SPECIALIST.THE OBJECTIVES OF THE SERVICES INCLUDE A) ENGAGING CLIENTS IN THEIR OWN FUTURES PLANNING PROCESS; B) PROVIDING THEM WITH DEVELOPMENTALLY-APPROPRIATE, NON-STIGMATIZING, CULTURALLY-COMPETENT, TRAUMA-INFORMED, AND APPEALING SERVICES AND SUPPORTS; C) INVOLVING THE YOUNG PEOPLE, AND AS RELEVANT, THEIR FAMILIES (OF ORIGIN OR FOSTER) AND OTHER INFORMAL KEY PLAYERS, IN A PROCESS THAT PREPARES AND FACILITATES THEIR MOVEMENT TOWARD GREATER SELF-SUFFICIENCY IN THE AREAS OF EDUCATION, EMPLOYMENT & CAREER, HOUSING, TIES TO THE COMMUNITY, AND PHYSICAL AND MENTAL HEALTH.102 UNIQUE AND ELIGBLE CLIENTS ENGAGED IN SERVICES. THERE WERE 485 IN-PERSON VISITS CONDUCTED WITH CLIENTS SERVICED, TOTALING 990 HOURS OF DIRECT CLIENT CONTACT. 100% OF THE BRIDGE WORKFORCE HAS BEEN TRAINED ON THE TRANSITION TO INDEPENDENCE PROCESS MODEL. ONE ALUMNI CLIENT WAS HIRED AS PEER SUPPORT SPECIALIST (PSS), ONE ALUMNI CLIENT WAS PROMOTED FROM PSS TO TRANSITION NAVIGATOR (SOCIAL WORKER).

Program 2
Expenses: $1,375,000

THE NEW FOSTER CARE HAS COMMITTED TO FUNDING THE KINSHIP CONNECTIONS PILOT, A 3-YEAR CULTURALLY COMPETENT KINSHIP PLACEMENT, SUPPORT, AND LICENSING SERVICES PILOT PROGRAM BASED ON THE MODEL DEVELOPED...

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THE NEW FOSTER CARE HAS COMMITTED TO FUNDING THE KINSHIP CONNECTIONS PILOT, A 3-YEAR CULTURALLY COMPETENT KINSHIP PLACEMENT, SUPPORT, AND LICENSING SERVICES PILOT PROGRAM BASED ON THE MODEL DEVELOPED BY A SECOND CHANCE INC (ASC), IN ALLEGHENY COUNTY, PENNSYLVANIA. THE PILOT SERVICES ARE DELIVERED BY ORCHARDS CHILDREN'S SERVICES IN OAKLAND AND WAYNE (SOUTH CENTRAL) COUNTIES. THE NEW FOSTER CARE HAS MADE THE FOLLOWING ADDITIONAL COMMITMENTS: 1) CONTRACTING WITH A SECOND CHANCE, INC. TO PROVIDE TECHNICAL ASSISTANCE AND TRAINING TO MDHHS AND ORCHARDS CHILDREN'S SERVICES; AND 2) OVERSEEING THE EVALUATION OF THE PROGRAM TO DETERMINE ITS SUCCESS AND ANY RETURN ON INVESTMENT REALIZED.THE OBJECTIVE OF THE PILOT PROGRAM IS TO A) LOCATE APPROPRIATE KINSHIP FAMILY FOR OUT-OF-HOME PLACEMENT OF CHILDREN.; B) PROVIDE SUPPORT TO KINSHIP CARE PROVIDERS AND FACILITATE CONNECTIONS TO PROGRAMS AND SERVICES TO ASSIST THEM IN MEETING THE NEEDS OF CHILDREN; C) ASSIST KINSHIP CARE PROVIDERS IN MEETING STATE FOSTER PARENT LICENSING REQUIREMENTS; D) SUPPORT PARENTS TO EXPEDITE PERMANENCY PLANNING.277 UNIQUE AND ELIGIBLE CHILDREN RECEIVED FAMILY FINDING/ENGAGEMENT SERVICES, OF THOSE CHILDREN 219 WERE PLACED WITH KINSHIP PROVIDERS WHO BENEFITED FROM DIRECT SERVICE SUPPORT. 74% OF CHILDREN REMOVED FROM THEIR HOMES DUE TO ABUSE/NEGLECT IN OAKLAND COUNTY AND 80% IN WAYNE COUNTY WERE PLACED WITH KINSHIP PROVIDERS. THERE WAS AN AVERAGE OF 561 DAYS REDUCED IN LENGTH OF STAY OF PILOT CHILDREN IN FOSTER CARE, WHO ACHIEVED PERMANENCY.

Program 3
Expenses: $47,670

THE NEW FOSTER CARE PARTNERED WITH MICHIGAN FEDERATION FOR CHILDREN AND FAMILIES TO FUND THE EXPANSION OF PROTECTIVE FACTORS FRAMEWORK TRAINING THROUGHOUT MICHIGAN FROM OCTOBER 2022 TO MARCH 2023...

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THE NEW FOSTER CARE PARTNERED WITH MICHIGAN FEDERATION FOR CHILDREN AND FAMILIES TO FUND THE EXPANSION OF PROTECTIVE FACTORS FRAMEWORK TRAINING THROUGHOUT MICHIGAN FROM OCTOBER 2022 TO MARCH 2023. PROTECTIVE FACTORS IS A NATIONALLY RECOGNIZED FRAMEWORK, WHERE THE FACTORS ARE STRENGTHS THAT HELP SUPPORT FAMILIES AND REDUCE THE LIKELIHOOD OF CHILD ABUSE AND NEGLECT. TRAINING LEADERS OF PROTECTIVE FACTORS DEVELOPED A CURRICULUM SPECIFIC TO MICHIGAN FAMILIES AND MADE WEBINARS AND TRAINING EVENTS AVAILABLE, FREE OF CHARGE, TO WORKERS AND SUPERVISORS IN FAMILY PRESERVATION AGENCIES ACROSS THE STATE.THE OBJECTIVE OF THE PROGRAM IS TO A) DEVELOP CURRICULUM; B) FACILITATE TRAININGS.TRAINING WAS PROVIDED TO 242 WORKERS AND SUPERVISORS AT 13 AGENCIES. 10 LUNCH AND LEARN SESSIONS WERE HELD, EXPANDING UPON TRAINING TOPICS, PEER-TO-PEER LEARNING, AND ADDITIONAL MENTORING.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,413,648
Program Service Revenue $0
Investment Income $269,844
Other Revenue $-118
TOTAL REVENUE $4,683,374

Expense Breakdown

Grants Paid $1,502,700
Salaries & Benefits $1,382,270
Fundraising Expenses $0
Program Expenses $2,794,511
Other Expenses $203,692
TOTAL EXPENSES $3,088,662

Year-over-Year Comparison

2023 2022 Change
Revenue $4,683,374 $3,057,622 +0.5%
Expenses $3,088,662 $1,001,772 +2.1%
Net Income $1,594,712 $2,055,850 -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
4
Independent Members
4
Employees
33
Volunteers
15

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS YATOOMA PRESIDENT 15.00
Officer Director
$0 $0 $0
LIZA MUNRO SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN CALLEY TREASURER 1.00
Officer Director
$0 $0 $0
JEANETTE BROWN DIRECTOR 1.00
Director
$0 $0 $0
SHANNON URBON EXECUTIVE DIRECTOR 50.00
Highest
$140,258 $8,546 $148,804
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 No data No data No data No data
2023 $4,683,374 $3,088,662 $6,736,318 $1,594,712
2022 $3,057,622 $1,001,772 $5,140,379 $2,055,850
2021 $299,494 $686,119 $3,273,344 $-386,625
2020 $1,616,088 $647,568 $3,711,997 $968,520
2019 $1,468,899 $683,617 $2,754,728 $785,282
2018 $1,225,431 $476,883 $1,988,053 $748,548
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