Fostering Hope Inc

Organization Overview

Fostering Hope Inc is located in Muskogee, OK. The organization was established in 2018. 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 12/2021, Fostering Hope Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Hope 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, Fostering Hope Inc generated $357.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $222.1k during the year ending 12/2021. While expenses have increased by 40.1% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOSTER CHILDREN ASSISTANCE -ASSIST FOSTER CHILDREN WITH AT LEAST A WEEK'S WORTH OF SUPPLIES, INCLUDING CLOTHING, TOILETRIES, TOYS, BIBLE,& BOOK

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSIST FOSTER CHILDREN WITH AT LEAST ONE WEEK'S WORTH OF SUPPLIES, INCLUDING CLOTHING, TOILETRIES, TOYS, BIBLE, BOOK


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Board, Officers & Key Employees

Name (title)Compensation
Anne Czaruk
Executive Dir.
$52,500
Jim Wallingford
President
$0
Josh Smith
Vice President
$0
Ron Davis
Treasurer
$0
Jenny Morphis
Secretary
$0
Cristin Shelby
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$81,741
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$284,157
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$365,898
Total Program Service Revenue$0
Investment income $9
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$8,595
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$188
Miscellaneous Revenue$0
Total Revenue $357,124

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Fostering Hope Inc has recieved totaling $115,121.

Awarding OrganizationAmount
Ron And Carole Woods Foundation

Porter, OK

PURPOSE: OPERATIONAL SUPPORT

$90,000
$25,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$121
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
The Childrens Shelter
San Antonio, TX
$81,608,457
Youth In Need
St Charles, MO
$28,088,817
A World For Children
Round Rock, TX
$17,078,443
Emberhope Inc
Newton, KS
$12,909,477
Savio House
Denver, CO
$15,706,151
Foster Adopt Connect Inc
Independence, MO
$8,168,684
Kids Crossing Inc
Colorado Springs, CO
$10,245,491
Villages Inc
Topeka, KS
$8,383,153
Foster Care Coalition Of Greater St Louis Inc
St Louis, MO
$6,817,874
Circles Of Care
Corpus Christi, TX
$4,110,444
Caring Hearts For Children
Comanche, TX
$3,965,179
Red Mountain Family Services Inc
Albuquerque, NM
$3,641,579

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