FOSTER ONE

EIN: 881098928 501(c)(3) Human Services

ST PAUL, MN

Total Revenue
$133,615
Total Expenses
$115,948
Total Assets
$56,666
Net Assets
$40,959
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
MIKE EVANS
Phone
6514432465
Tax Period
2024-01-01 to 2024-12-31

FOSTER ONE, founded in 2022, is a small nonprofit in the Human Services sector that reported $134K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $116K left a modest 13% surplus.

Mission

WE EXIST TO HELP SUPPORT CURRENT FOSTER FAMILIES WHILE COACHING AND LEADING NEW FAMILIES INTO WHAT AND HOW GOD IS CALLING THEM INTO ORPHAN CARE. UNDERSTANDING THAT BEING A FOSTER PARENT IS NOT THE ONLY WAY TO BE INVOLVED IN FOSTER CARE. ASKING THE QUESTION, "WHAT CAN YOU DO FOR ONE?"

Program Service Accomplishments

Program 1
Expenses: $79,846 Revenue: $13,654

CHRISTMAS PRESENTS -PROVIDING CHILD SPECIFIC CHRISTMAS PRESENTS TO CHILDREN AND YOUTH INVOLVED IN THE CHILD WELFARE SYSTEM.

Program 2
Expenses: $26,220 Revenue: $27,309

STOREHOUSE - STOCKED FULL OF ITEMS TO HELP A FAMILY TRANSITION AS THEY WELCOME KIDDOS INTO THEIR HOME. ITEMS INCLUDE BUT NOT LIMITED TO: DIAPERS, WIPES, CAR SEATS, BABY EQUIPMENT, BEDS, ETC.

Program 3
Expenses: $5,380 Revenue: $4,552

FAMILIES COUNT- PARENTING CLASS THAT MEETS COURT REQUIREMENTS FOR A BIOLOGICAL PARENT WHO IS WORKING HARD TO PREVENT REMOVAL OF THEIR CHILD(REN) OR WHO ARE WORKING HARD TO BE REUNIFIED BACK WITH...

Read more

FAMILIES COUNT- PARENTING CLASS THAT MEETS COURT REQUIREMENTS FOR A BIOLOGICAL PARENT WHO IS WORKING HARD TO PREVENT REMOVAL OF THEIR CHILD(REN) OR WHO ARE WORKING HARD TO BE REUNIFIED BACK WITH THEIR CHILD(REN)

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $86,448
Program Service Revenue $45,515
Investment Income $0
Other Revenue $1,652
TOTAL REVENUE $133,615

Expense Breakdown

Grants Paid $106,067
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $111,446
Other Expenses $9,881
TOTAL EXPENSES $115,948

Year-over-Year Comparison

2024 2023 Change
Revenue $133,615 $198,105 -0.3%
Expenses $115,948 $190,967 -0.4%
Net Income $17,667 $7,138 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL EVENS PRESIDENT 20.00
Officer Director
$0 $0 $0
MELISSA EVANS VICE PRESIDENT 20.00
Officer Director
$0 $0 $0
BARRET LAHM DIRECTOR 1.00
Director
$0 $0 $0
LAUREN LAHM DIRECTOR 1.00
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 $133,615 $115,948 $56,666 $17,667
2023 $198,105 $190,967 $23,292 $7,138
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOSTER ONE with other nonprofits in Minnesota and across the country.