FOSTERING PROMISE (EIN 931614827) - 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

2023

Legal Domicile

Principal Officer

ANDRE V CHAPMAN

Tax Period

2024-08-01 to 2025-07-31

FOSTERING PROMISE, founded in 2023, is a small nonprofit in the Human Services sector that reported $622K in total revenue in fiscal year 2024. The organization ran a surplus of $190K, a strong 31% operating margin.

Mission

The mission of Fostering Promise is to ensure that every young person who ages out of foster care has a safe place to call home, the support of a caring mentor and the hope for a promising future.

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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 $621,640

Program Service Revenue $0

Investment Income $173

Other Revenue $0

TOTAL REVENUE $621,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,203

Fundraising Expenses $35,000

Program Expenses $200,208

Other Expenses $292,277

TOTAL EXPENSES $431,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$621,813	N/A	N/A
Expenses	$431,480	N/A	N/A
Net Income	$190,333	N/A	N/A

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

N/A

Employees

Volunteers

N/A

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

$110,875

Total Directors

$110,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDRE V CHAPMAN	President & CEO	30.00	Officer Director	$110,875	$0	$110,875
GARY RUMMELHOFF	CFO	0.00	Director	$0	$0	$0
CHRIS CLAY	Secretary	0.00	Director	$0	$0	$0
CARL AGERS	BOARD MEMBER	0.00	Director	$0	$0	$0
MICA EADES MAYO	BOARD MEMBER	0.00	Director	$0	$0	$0
JANELLE GUMBS	BOARD MEMBER	0.00	Director	$0	$0	$0
ANNE CARDWELL	BOARD MEMBER	0.00	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
2025	$621,813	$431,480	$260,323	$190,333

FOSTERING PROMISE