Foster Progress
- Assets
- $123.3k
- Revenue
- $309.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Chicago, IL
- Founding
- 06/2016
- Data as of
- 06/2022
- EIN
- 47-3959210
Organization Overview
Foster Progress is located in Chicago, IL. The organization was established in 2016. 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, Foster Progress employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Progress 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 06/2022, Foster Progress generated $309.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.7% each year . All expenses for the organization totaled $300.1k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER ILLINOIS YOUTH CURRENTLY OR FORMERLY IN FOSTER CARE TO ATTAIN A COLLEGE DEGREE AND TRANSITION INTO ADULTHOOD SUCCESSFULLY BY PROVIDING MENTORSHIP, ADVOCACY, AND EDUCATIONAL OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3
THE MENTORING AND SCHOLARSHIP PROGRAM FOR THE SENIORS GRADUATE HIGH SCHOOL. ALSO, PROVIDING ON-LINE TRAINING AND COACHING FOR CASEWORKERS, STUDENTS, FOSTER PARENTS, AND EDUCATORS ON HOW TO FOSTER SUCCESS FOR YOUNG PEOPLE.
THE MENTORING AND SCHOLARSHIP PROGRAM FOR THE SENIORS GRADUATE HIGH SCHOOL. ALSO, PROVIDING ON-LINE TRAINING AND COACHING FOR CASEWORKERS, STUDENTS, FOSTER PARENTS, AND EDUCATORS ON HOW TO FOSTER SUCCESS FOR YOUNG PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Danielson Executive Director | Officer | 40 | $59,042 |
Jason Engstrom Treasurer | 5 | $0 | |
Alfredo Castillo Secretary | 5 | $0 | |
Mallory Littlejohn Chair | 5 | $0 | |
Mauriell Amechi Director | 2 | $0 | |
Tony Escobar Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,022 |
| Related organizations | $0 |
| Government grants | $73,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,361 |
| Noncash contributions included in lines 1a–1f | $28,453 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,678 |
| Total Program Service Revenue | $0 |
| 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 | -$18,956 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,006 |
| 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. | $64,542 |
| Compensation of current officers, directors, key employees. | $12,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,682 |
| Payroll taxes | $13,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $709 |
| Fees for services: Accounting | $2,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,476 |
| Advertising and promotion | $1,767 |
| Office expenses | $24,332 |
| Information technology | $1,555 |
| Royalties | $0 |
| Occupancy | $3,594 |
| Travel | $0 |
| 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 | $3,463 |
| All other expenses | $0 |
| Total functional expenses | $300,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $123,251 |
| Accounts payable and accrued expenses | $0 |
| 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 | $19,615 |
| Total liabilities | $19,615 |
| Net assets without donor restrictions | $77,171 |
| Net assets with donor restrictions | $26,465 |
| 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 | $123,251 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foster Progress has recieved totaling $7,459.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $7,434 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ena Incorporated Lexington, KY | $23,141,386 | $43,153,928 |
Center For Youth And Family Solutions Peoria, IL | $12,220,925 | $40,028,790 |
Lutheran Services In Iowa Inc Des Moines, IA | $29,699,936 | $34,502,625 |
Youth In Need St Charles, MO | $12,066,315 | $28,088,817 |
Specialized Alternatives For Families And Youth Of Kentucky Inc Lexington, KY | $1,516,940 | $14,842,351 |
S O S Childrens Villages Illinois Chicago, IL | $43,220,580 | $16,194,875 |
Spero Family Services Mount Vernon, IL | $7,180,018 | $13,404,846 |
Foster Adopt Connect Inc Independence, MO | $12,161,256 | $8,168,684 |
Foster Care Coalition Of Greater St Louis Inc St Louis, MO | $5,655,247 | $6,817,874 |
Anu Family Services Inc Hudson, WI | $1,968,643 | $4,725,579 |
Potter Childrens Home And Family Ministries Inc Bowling Green, KY | $1,618,168 | $3,609,147 |
Evangelical Child & Family Agency Wheaton, IL | $2,719,927 | $2,720,206 |