Foster Squad

EIN: 843579239 501(c)(3) Human Services

Ankeny, IA

Total Revenue
$279,727
Total Expenses
$211,875
Total Assets
$137,163
Net Assets
$126,005
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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
IA
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.

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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 (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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
7
$0
Key Employees
1
$0
Highest Compensated
0
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
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