FOREVER HOMES FOR FOSTER KIDS

EIN: 821256794 501(c)(3) Food, Agriculture & Nutrition

SAN DIEGO, CA

Total Revenue
$56,030
Total Expenses
$71,538
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
RICHARD VILLASANA
Phone
6198864760
Tax Period
2022-01-01 to 2022-12-31

FOREVER HOMES FOR FOSTER KIDS, founded in 2017, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $56K in total revenue in fiscal year 2022. Expenses of $72K exceeded revenue, resulting in a 28% operating deficit.

Mission

helping kids find their parents or legal custodians

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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 (2022)

Revenue Breakdown

Contributions & Grants $56,030
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $56,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,538
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $71,538

Year-over-Year Comparison

2022 2021 Change
Revenue $56,030 N/A N/A
Expenses $71,538 N/A N/A
Net Income $-15,508 N/A N/A
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

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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD VILLASANA FOUNDER 20
$71,538 $0 $71,538
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
2022 $56,030 $71,538 No data $-15,508
2021 $66,497 No data No data No data
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