Foster Squad

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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

2023

Legal Domicile

Principal Officer

Traci Schermerhorn

Phone

5156337993

Tax Period

2025-01-01 to 2025-12-31

Foster Squad, founded in 2023, is a small nonprofit in the Human Services sector that reported $280K in total revenue in fiscal year 2025. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 24% operating margin.

Mission

The Foster SQUAD is here to provide resources to Iowa foster families as they care for our communitys most vulnerable children.

Program Service Accomplishments

Program 1

Expenses: $191,221 Revenue: $279,727

Provides helpful resources that will help foster parents during their foster care journey.

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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 (2025)

Revenue Breakdown

Contributions & Grants $279,727

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $279,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $191,221

Other Expenses $211,875

TOTAL EXPENSES $211,875

Year-over-Year Comparison

	2025	2024	Change
Revenue	$279,727	$151,983	+0.8%
Expenses	$211,875	$122,062	+0.7%
Net Income	$67,852	$29,921	+1.3%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Traci Schermerhorn	Executive Director	N/A	Key Emp	$0	$0	$0
Kate Pauly	President	N/A	Officer	$0	$0	$0
Nola Davis	Director	N/A	Director	$0	$0	$0
Amy Murray	Director	N/A	Director	$0	$0	$0
Malea Trainer	Director	N/A	Director	$0	$0	$0
Cannady Fritzjunker	Director	N/A	Director	$0	$0	$0
Rachelle Little	Director	N/A	Director	$0	$0	$0
Amy Carpenter	Director	N/A	Director	$0	$0	$0
Kasey Reicks	Secretary	N/A	Officer	$0	$0	$0
Lauren Baade	Treasurer	N/A	Officer	$0	$0	$0
Michael Braman	Director	N/A	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
2025	$279,727	$211,875	$137,163	$67,852
2024	$151,983	$122,062	$69,608	$29,921