FOSTER ONE (EIN 881098928) - 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

2022

Legal Domicile

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

TO SUPPORT THE CHILD WELFARE SYSTEM IN THE STATE ON MN. THIS IS DONE THROUGH DIFFERENT PROGRAMS AND SERVICES, SERVING ALL PARTIES INVOLVED WITHIN THE CHILD WELFARE SYSTEM INCLUDING: FOSTER FAMILIES, KINSHIP FAMILIES', SOCIAL WORKERS, BIOLOGICAL PARENTS, YOUTH IN FOSTER CARE AND OTHER PROFESSIONALS INVOLVED IN THE CHILD WELFARE SYSTEM.

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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 $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

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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
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

FOSTER ONE