Fostering Success Inc
- Assets
- $11.7k
- Revenue
- $947.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dunedin, FL
- Founding
- Data as of
- 12/2016
- EIN
- 47-1734442
Organization Overview
Fostering Success Inc is located in Dunedin, FL.
For the year ending 12/2016, Fostering Success Inc generated $947.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $4.6k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (76.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOME-BASED FOSTER CARE FOR TEENAGERS AND PRE- TEENS IN BELIZE CITY, BELIZE. THE HOME PROVIDES SHELTER, CARE AND GUIDANCE TO ABUSED, ABANDONED AND NEGLECTED CHILDREN IN A FAMILY HOME ENVIRONMENT, WITH A FOCUS ON PREPARING THE CHILDREN FOR INDEPENDENT LIVING. INDIVIDUAL, CUSTOMIZED PLANS ARE CREATED FOR EACH CHILD. THE GOAL IS TO HELP THE CHILDREN TRANSITION FROM TEENAGERS TO YOUNG ADULTS WHO ARE CAPABLE OF SUPPORTING THEMSELVES AND HAVING A BRIGHT AND SUCCESSFUL FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Connelly Secretary/tr | 0 | $0 | |
Laura J Connelly President | 0 | $0 | |
Kevin J Connelly Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $947 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,250 |
| Occupancy | $44 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $151 |
| Total operating and administrative expenses | $4,565 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,186 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,482 |
| Other assets | $0 |
| Total assets | $11,668 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $29,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,000 |
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