Foster Advocates (EIN 825411160) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

Ariana Chamoun

Phone

2184150332

Tax Period

2024-01-01 to 2024-12-31

Foster Advocates, founded in 2018, is a small nonprofit in the Human Services sector that reported $977K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $903K left a modest 8% surplus.

Mission

Foster Advocates is not just our name it's what we do. We foster advocacy, policy change, and organizing by partnering with Fosters and impacted communities. We envision a Minnesota where every person involved in Minnesota's foster care system has the same access to opportunities and outcomes as their non-foster peers. We envision a Minnesota where Foster voices are respected and our community expertise is sought in every aspect of the child welfare system.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $962,482

Program Service Revenue $12,381

Investment Income $1,847

Other Revenue $0

TOTAL REVENUE $976,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $606,534

Fundraising Expenses $76,362

Program Expenses $627,861

Other Expenses $289,158

TOTAL EXPENSES $902,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$976,710	$1,056,108	-0.1%
Expenses	$902,732	$1,057,280	-0.1%
Net Income	$73,978	$-1,172	-64.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$96,454

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ariana Chamoun	Executive Dir.	40.00	Director	$93,731	$2,723	$96,454
Mark C Gordon	Treasurer	1.00	Officer Director	$0	$0	$0
Ed Morales	Chairman	3.00	Officer Director	$0	$0	$0
Jeremiah Hawkins	Director	1.00	Director	$0	$0	$0
Graciela Bloch	Director	1.00	Officer Director	$0	$0	$0
Jillian Gross	Director	1.00	Director	$0	$0	$0
Ace Irving	Director	1.00	Director	$0	$0	$0
Nia Dyer	Director	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
2024	$976,710	$902,732	$545,335	$73,978
2023	$1,056,108	$1,057,280	$552,408	$-1,172
2022	$598,861	$557,016	$416,916	$41,845
2021	$436,344	$367,368	$396,347	$68,976

Foster Advocates