Foundation For Foster Children Inc
- Assets
- $2.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 30
- Location
- Winter Park, FL
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-1682601
Organization Overview
Foundation For Foster Children Inc is located in Winter Park, FL. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Foundation For Foster Children Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Foster Children Inc 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 12/2021, Foundation For Foster Children Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 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
PROVIDING PERSONALIZED SUPPORT TO KIDS, AGES 0-23, IN FOSTER CARE WITH OPPORTUNITIES TO SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE:PROVIDES PERSONALIZED EDUCATIONAL SERVICES TO HELP STUDENTS IN FOSTER CARE EXPERIENCE ACADEMIC SUCCESS IN ORANGE, SEMINOLE, AND OSCEOLA COUNTIES. MOST IMPORTANTLY, CHILDREN WERE GIVEN AN OPPORTUNITY TO CREATE CONCRETE GOALS AND DEVELOP VALUABLE LIFE SKILLS, SUCH AS SELF-AWARENESS, CRITICAL THINKING, EFFECTIVE COMMUNICATION, EMPATHY, AND ACCOUNTABILITY. IN 2021 91% IMPROVED OVERALL GPA, 100% OF SENIORS GRADUATED AND 12,230 HOURS OF TUTORING WERE PROVIDED ALONG WITH 101 LAPTOPS AND LEARNING TOOLS.
ENRICHMENT: THIS PROGRAM RELIVES THE FINANCIAL OBSTACLE FACING CHILDREN IN FOSTER CARE SO THAT THEY CAN PARTICIPATE IN ACTIVITIES THAT PROVIDE POSITIVE LIFE EXPERIENCE. BY FUNDING COMMUNITY-BASED ATHLETICS, ARTS, MUSIC, FIELD TRIPS, SCHOOL ACTIVITIES, AND SUMMER CAMP EXPERIENCES, YOUTHS LEARN INDEPENDENCE, BUILD SELF-ESTEEM AND CONFIDENCE. FFC IS COMMITTED TO SUPPORTING AND PROVIDING SERVICES AND OPPORTUNITIES THAT PROMOTE POSITIVE DEVELOPMENT. IN 2021, 89 YOUTH ATTENDED SUMMER CAMP OR A NORMALCY OPPORTUNITY, 110 YOUTH EXPERIENCED A CULTURAL EVENT, 251 YOUTH ENROLLED IN ARTS OR A SPORTS ACTIVITY, AND 86 BIRTHDAY CAKES WERE PROVIDED.
EMPOWER:THE EMPOWER PROGRAM PROVIDES DIRECT ASSISTANCE AND MENTORING (ADVOCATES) TO HELP FOSTER YOUTH (AGES 14-24) NAVIGATE THROUGH THE CHALLENGING TRANSITION FROM STATE CARE TO SUCCESSFUL INDEPENDENT LIVING. ASSISTANCE INCLUDES HOUSING DEPOSITS/FEES, HOUSEHOLD STARTER KITS, DRIVERS' LICENSES, COLLEGE TEXTBOOKS AND COMPUTERS. MATCHED BY SIMILAR INTERESTS, ADVOCATES AND FOSTER YOUTH WORK TOGETHER OVER A 12-WEEK PERIOD. WHETHER THEY'RE STARTING COLLEGE, VOCATIONAL TRAINING, A NEW JOB, OR LIVING ALONE IN A NEW APARTMENT FOR THE FIRST TIME, OUR PROGRAM PROVIDES A STABLE RELATIONSHIP LEADING TO A POSITIVE OUTCOME. IN 2021, 193 YOUTH RECEIVED TRANSITION TO ADULTHOOD OPPORTUNITIES, 87% ARE WORKING WITH A STAFF ADVOCATE, 90& OF GRADUATES ARE EMPLOYED OR ENROLLED IN POST-SECONDARY EDUCATION, AND 97% OF YOUTH OVER 18 ARE IN STABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Newkirk Executive Director | Officer | 45 | $126,854 |
Woody Rodriguez Immediate Past President | OfficerTrustee | 2 | $0 |
Michelle Chira Carlton Past President | OfficerTrustee | 2 | $0 |
Celeste Thacker Vice President | OfficerTrustee | 5 | $0 |
Holly Greer President | OfficerTrustee | 5 | $0 |
Ahmad El-Gendi Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57,787 |
| Related organizations | $0 |
| Government grants | $1,865,684 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,137,759 |
| Noncash contributions included in lines 1a–1f | $117,089 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,061,230 |
| Total Program Service Revenue | $44,417 |
| Investment income | $20,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,172 |
| 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 | $3,146,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $981,120 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,595 |
| Compensation of current officers, directors, key employees. | $19,616 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $900,516 |
| Pension plan accruals and contributions | $25,614 |
| Other employee benefits | $152,333 |
| Payroll taxes | $77,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,906 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,842 |
| Advertising and promotion | $0 |
| Office expenses | $51,334 |
| Information technology | $59,243 |
| Royalties | $54,319 |
| Occupancy | $31,523 |
| Travel | $45,041 |
| 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 | $6,837 |
| Insurance | $6,137 |
| All other expenses | $0 |
| Total functional expenses | $2,634,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,132 |
| Savings and temporary cash investments | $763,637 |
| Pledges and grants receivable | $276,311 |
| Accounts receivable, net | $293,894 |
| 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 | $564,705 |
| Investments—publicly traded securities | $658,494 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,479 |
| Total assets | $2,698,652 |
| Accounts payable and accrued expenses | $147,691 |
| 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 | $7,700 |
| Total liabilities | $155,391 |
| Net assets without donor restrictions | $1,958,620 |
| Net assets with donor restrictions | $584,641 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,698,652 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Foster Children Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: PROVIDES SUPPORT & ADVOCACY TO CREATE OPPORTUNITIES AND ENHANCE THE LIVES OF FOSTER CHILDREN. | | $5,000 |
Fathers Table Foundation Cleveland, OH PURPOSE: ROBERT NEWKIRK/ COACH JAKUB | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burger King Mclamore Foundation Inc Miami, FL | $34,345,730 | $7,130,405 |
Foundation For A Greater Opportunity Sunny Isles Beach, FL | $149,453,585 | $25,729,322 |
Foundation For Foster Children Inc Winter Park, FL | $2,698,652 | $3,146,058 |
Ldg & Lpr Charitable Foundation Jupiter, FL | $11,202,189 | $2,184,628 |
Special Operation Care Fund Inc Atlanta, GA | $332,687 | $2,251,151 |
Boca West Community Charitable Foundation Inc Boca Raton, FL | $673,816 | $1,556,875 |
Jeep Beach Inc Ormond Beach, FL | $246,764 | $1,454,805 |
The Arc Tampa Bay Foundation Inc Clearwater, FL | $19,764,393 | $4,465,884 |
Glenridge Charitable Foundation Inc Jacksonville, FL | $125,452 | $997,663 |
Children Of Restaurant Employees Woodstock, GA | $1,825,017 | $1,448,112 |
Jackson Emc Foundation Inc Jefferson, GA | $239,768 | $1,230,630 |
The@karl G Estes Foundation Jacksonville, FL | $3,330,988 | $3,813,042 |