St Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
This year we successfully organized with our community to address a $5 million funding gap for the Fostering Independence Grant (FIG) in the 2024-25 academic year. Our MN Promise campaign continued...
This year we successfully organized with our community to address a $5 million funding gap for the Fostering Independence Grant (FIG) in the 2024-25 academic year. Our MN Promise campaign continued, where we hosted our final listening sessions, began data analysis and evaluation, hosted feedback sessions with participants, and initial drafting of the full report. Foster Advocates plans to publicly release the full Minnesota Promise Report, a comprehensive vision for systems-change led by and for Fosters, in 2025. Our Community Board finished its third year, and we expanded our MN Promise Committee to include more participants from our listening sessions. Additionally, we launched our Foster specific college pilot model, to increase support at colleges, and ensure success for MN Fosters in higher education. There is much to be done to ensure Minnesota meets its promise to all Fosters, and we are making significant progress on that thanks to our Foster leaders.
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)| 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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
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