Fostering Change For Children Ltd
- Assets
- $393.1k
- Revenue
- $947.0k
- Investments
- $0.0
- Employees
- 25
- Location
- Rocky Point, NY
- Founding
- 01/2006
- Data as of
- 06/2021
- EIN
- 20-2242921
Organization Overview
Fostering Change For Children Ltd is located in Rocky Point, NY. The organization was established in 2006. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 06/2021, Fostering Change For Children Ltd employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Change For Children Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Fostering Change For Children Ltd generated $947.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $754.4k during the year ending 06/2021. While expenses have increased by 8.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTH WELFARE AND ECONOMIC STATUS OF DISADVANTAGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING & COACHING: FOSTERING CHANGE FOR CHILDREN OFFERS A SPECIALIZED TRAINING AND CONSULTATION PROGRAM FOR THE CHILD WELFARE WORKFORCE. OUR PROGRAM IS UTILIZED BY OVER 25 NYC AGENCIES AND ORGANIZATIONS AND SEVERAL OTHERS NATIONALLY. ALL TRAININGS OFFERED BY FCFC ARE GEARED TOWARDS EMPOWERING CHILD WELFARE PROFESSIONALS WHO INTERFACE WITH CHILDREN AND FAMILIES TO SEE THEMSELVES AS POWERFUL CHANGE AGENTS ON BEHALF OF THE PEOPLE THEY WORK WITH. FCFC EMPLOYS A DISTINCTIVE BRAND OF TRAININGS UTILIZING EXPERIENTIAL LEARNING, COACHING, AND VARIED TECHNIQUES TO REACH ALL AUDIENCES. FCFC PROMOTES A POSITIVE AND FUN LEARNING ENVIRONMENT IN WHICH PARTICIPANTS ARE ENCOURAGED TO ASK QUESTIONS, COMMENT AND DISCUSS REACTIONS, THOUGHTS, AND FEELINGS RELATED TO THE WORK. OUR TRAININGS UTILIZE RESEARCH AND DIRECT FEEDBACK FROM THE FRONTLINE TO INFORM BEST PRACTICES.
CHILDRENS CORPS: CHILDRENS CORPS ENHANCES NYCS CHILD WELFARE SYSTEM BY INFUSING ITS WORKFORCE WITH DEDICATED PROFESSIONALS. ITS GOALS ARE TO: A) INCREASE RETENTION RATES OF FRONTLINE CHILD WELFARE WORKERS, B) IMPROVE OUTCOMES FOR CHILDREN AND FAMILIES, AND C) CREATE FUTURE LEADERS IN CHILD WELFARE AND HUMAN SERVICES. CORPS MEMBERS ARE PLACED AT ONE OF 16 PARTNER CHILD WELFARE AGENCIES THROUGHOUT NEW YORK CITY AND WESTCHESTER IN CASEWORKER AND OTHER FRONTLINE POSITIONS IN FOSTER CARE AND PREVENTIVE PROGRAMS. CORPS MEMBERS COMMIT TO SERVING FOR TWO YEARS AND AGENCIES PROVIDE FULL SALARIES AND BENEFITS. SINCE 2011, 500 CORPS MEMBERS HAVE ENTERED THE PROGRAM, 108 OF WHOM ARE CURRENTLY SERVING THEIR TWO-YEAR COMMITMENT. THERE ARE CURRENTLY 209 ALUMNI, THE MAJORITY OF WHOM ARE STILL WORKING IN CHILD WELFARE, PURSUING GRADUATE DEGREES, AND/OR WORKING IN A RELATED FIELD THAT SUPPORTS CHILDREN AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Chaffkin Ceo&co-Founder | Officer | 40 | $131,808 |
Adam Jenah Treasurer | OfficerTrustee | 2 | $0 |
Melissa Potter Forde Chairperson | OfficerTrustee | 2 | $0 |
Ronald Klempner Vice President | OfficerTrustee | 2 | $0 |
Gregory Jay Secretary | OfficerTrustee | 2 | $0 |
Theonilla Lee-Chan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $73,283 |
| All other contributions, gifts, grants, and similar amounts not included above | $363,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,708 |
| Total Program Service Revenue | $510,277 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,000 |
| Compensation of current officers, directors, key employees. | $14,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,613 |
| Payroll taxes | $34,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $126,583 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $10,408 |
| Royalties | $0 |
| Occupancy | $18,554 |
| Travel | $4,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,814 |
| All other expenses | $9,940 |
| Total functional expenses | $754,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,696 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $81,400 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $393,096 |
| Accounts payable and accrued expenses | $14,363 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,363 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $378,733 |
| Total liabilities and net assets/fund balances | $393,096 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fostering Change For Children Ltd has recieved totaling $141,252.
| Awarding Organization | Amount |
|---|---|
Redlich Horwitz Foundation Millerton, NY PURPOSE: GENERAL UNRESTRICTED | $75,000 |
Hedge Funds Care Inc New York, NY PURPOSE: TO IMPROVE SAFETY & PERMANENCY OUTCOMES FOR CHILDREN, YOUTH & FAMILIES, TO INCREASE RETENTION OF FRONTLINE CHILD WELFARE PROFESSIONALS, TO INFUSE CHILD WELFARE & HUMAN SERVICE SYSTEMS WITH FUTURE LEADERS | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,206 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincents Services Inc Brooklyn, NY | $56,327,989 | $54,283,078 |
Mercyfirst Syosset, NY | $24,629,062 | $46,422,164 |
Forestdale Inc Forest Hills, NY | $34,766,990 | $33,843,723 |
New Alternatives For Children Inc New York, NY | $14,403,157 | $29,422,220 |
Bair Foundation New Wilmington, PA | $2,726,710 | $26,265,407 |
Hopewell Inc Dedham, MA | $14,910,538 | $21,131,703 |
Bair Foundation Of Pennsylvania New Wilmington, PA | $4,400,305 | $17,358,075 |
Bair Foundation Of Texas New Wilmington, PA | $1,144,889 | $8,905,447 |
Tabor Childrens Services Inc Philadelphia, PA | $5,265,944 | $8,132,394 |
Alliance Human Services Inc Southborough, MA | $2,629,304 | $7,759,450 |
Mountain Lake Childrens Residence Inc Lake Placid, NY | $5,650,108 | $7,132,040 |
Childrens Choice Of Maryland Inc Bellmawr, NJ | $2,034,719 | $6,054,965 |