Foster Your Future is located in Fountain Hills, AZ. The organization was established in 2015. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Your Future 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 12/2023, Foster Your Future generated $156.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $140.0k during the year ending 12/2023. While expenses have increased by 23.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING HOUSING AND EDUCATION FOR YOUNG ADULTS THAT HAVE EXITED THE FOSTER CARE SYSTEM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Paulsen Director | 0 | $0 | |
Randy D Paulsen Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,462 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,462 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,556 |
| Total expenses | $139,996 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,553 |
| Other assets | $0 |
| Total assets | $53,301 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,301 |