NURTURING FOSTER FAMILIES INC (EIN 862160310) - 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

2021

Legal Domicile

Principal Officer

SHARON PALMER

Phone

5085147125

Tax Period

2024-01-01 to 2024-12-31

NURTURING FOSTER FAMILIES INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $162K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 29% operating margin.

Mission

SUPPORT FOSTER FAMILIES BY PROVIDING BASIC NECESSITIES, HELPING HANDS AND EMOTIONAL SUPPORT ALL WHILE KEEPING WITH THE CORE VALUES OF COMMUNITY, COMPASSION, RESPECT AND SERVICE

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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 $161,530

Program Service Revenue $0

Investment Income $713

Other Revenue $0

TOTAL REVENUE $162,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,959

Fundraising Expenses $16,503

Program Expenses $72,428

Other Expenses $58,112

TOTAL EXPENSES $115,071

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,243	$105,881	+0.5%
Expenses	$115,071	$39,560	+1.9%
Net Income	$47,172	$66,321	-0.3%

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

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
ANDREW PALMER	CHAIR	20.00	Officer Director	$0	$0	$0
SHARON PALMER	DIRECTOR	40.00	Officer Director	$0	$0	$0
DAVID QUINONES	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE CUFF	DIRECTOR	2.00	Director	$0	$0	$0
CINDY HORGAN	DIRECTOR	2.00	Director	$0	$0	$0
BRAD HOOPER	DIRECTOR	2.00	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	$162,243	$115,071	$166,829	$47,172
2023	$105,881	$39,560	$109,207	$66,321
2022	$65,383	$45,499	$42,886	$19,884
2021	$41,599	$18,597	$23,002	$23,002

NURTURING FOSTER FAMILIES INC