GREENSBORO, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAMILY ROOM FOSTER CARE RESOURCE CENTER, founded in 2019, is a small nonprofit in the Human Services sector that reported $740K in total revenue in fiscal year 2023. Revenue surged 204% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 17% operating margin.
OUR GOAL IS TO LIVE OUT OUR MISSION OF PROVIDING LOVE, ENCOURAGEMENT AND SUPPORT TO FAMILIES WHO FOSTER AND THE CHILDREN IN THEIR CARE BY ENSURING THAT EVERY CHILD THAT COMES INTO CARE HAS THEIR BASIC NEEDS MET AS QUICKLY AS POSSIBLE, INCLUDING BUT NOT LIMITED TO CLOTHING, BOOKS, TOYS AND ROOM FURNITURE. ENSURING THAT CHILDREN IN CARE HAVE THE OPPORTUNITIES FOR GROWTH AND DEVELOPMENT AFFORDED TO THEM THAT THEY NEED AND DESERVE. ENSURING THAT NO FAMILY WHO FOSTERS EVER SAYS NO TO A PLACEMENT CALL BECAUSE THEY DO NOT HAVE THE RESOURCES TO PROVIDE THE CHILDREN WITH WHAT THEY NEED. ENSURING THAT FAMILIES WHO FOSTER KNOW OF ALL RESOUCES AVAILABLE TO THEM TO SUPPORT THE CHILDREN IN THEIR CARE AND HAVE ACCESS TO THOSE RESOURCES. REMOVING BARRIERS TO FOSTERING BY PARTNERING WITH FAMILIES TO PROVIDE THE CHILDREN IN THEIR CARE WITH WHAT THEY NEED AND DESERVE AND THE RESOURCES THEY NEED TO CARE FOR THOSE CHILDREN.
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 | $739,569 | $243,303 | +2.0% |
| Expenses | $610,738 | $206,678 | +2.0% |
| Net Income | $128,831 | $36,625 | +2.5% |
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 |
|---|---|---|---|---|---|---|
| CARRIE THOMPSON | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$50,860 | $0 | $50,860 |
| PAM MCADOO-ROGERS | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SWINTOM | BOARD DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| SONYA CRAWFORD | SECRETARY | 0.00 |
Officer
|
$0 | $0 | $0 |
| BEN ESTES | TREASURER | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $739,569 | $610,738 | $983,775 | $128,831 |
| 2022 | $243,303 | $206,678 | $145,965 | $36,625 |
Compare FAMILY ROOM FOSTER CARE RESOURCE CENTER with other nonprofits in North Carolina and across the country.