Fostering Acadia

Organization Overview

Fostering Acadia is located in Richmond, VA. The organization was established in 2019. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. As of 06/2021, Fostering Acadia employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fostering Acadia 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 06/2021, Fostering Acadia generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 31.8% per year over the past 3 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

TO PRODUCE BETTER OUTCOMES FOR YOUTH AGING OUT OF THE FOSTER CARE SYSTEM BY PROVIDING AN APARTMENT-STYLE PROGRAM TO ASSIST YOUTH WITH DAILY LIVING SKILLS, EMPLOYMENT, AND EDUCATIONAL SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOSTERING ACADIA'S MISSION IS TO FOSTER HOPE, CHANGE, AND FUTURES OF YOUTH SEEKING AN INDEPENDENT LIVING ARRANGEMENT. FOSTERING ACADIA IS AN INDEPENDENT LIVING ARRANGEMENT SERVING YOUTH AGES 17-21. IT IS AN APARTMENT-STYLE PROGRAM THAT ASSISTS YOUTH WITH DAILY LIVING SKILLS, EMPLOYMENT, AND EDUCATION SUPPORT. USING CASE MANAGEMENT LOGS, MONTHLY REPORTS, ISP'S, AND QUARTERLIES, FOSTERING ACADIA IMPLEMENTS SERVICE GOALS AND OBJECTIVES FOR EACH YOUTH. SERVICE GOALS AND OBJECTIVES CAN INCLUDE: COUNSELING, EMPLOYMENT, EDUCATION, TRANSPORTATION, FINANCES, AND PERMANENCY. FOSTERING ACADIA UTILIZES THE CASEY LIFE SKILLS ASSESSMENT AS ONE OF ITS MAIN MEASURING TOOLS FOR YOUTH OUTCOMES. DURING THE TAX YEAR, FOSTERING ACADIA SERVED 50 YOUTH, OVER AN AVERAGE STAY OF 334 DAYS. DURING THIS TIME 97% OF THE ENROLLED YOUTH INCREASED THEIR INDEPENDENT LIVING SKILLS, AS MEASURED BY COMPARISON TO THEIR ISP, CASEY LIFE SKILLS ASSESSMENTS AND FAPT GOALS.


DURING THE YEAR, FOSTERING ACADIA PROVIDED SUPPORT TO OTHER ORGANIZATIONS WITH SIMILAR GOALS (YOUTH ADVOCACY) THROUGH DONATIONS TO THEIR PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Brown
Pres, Treasurer
$110,019
Talia Brown
Vp, Secretary
$69,528
Whitney Campbell
Director
$0
Stuart Hiers
Director
$0
Kevin Prewett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,971,122
All other contributions, gifts, grants, and similar amounts not included above$2,405
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,973,527
Total Program Service Revenue$0
Investment income $10
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $3,973,537

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fostering Acadia has recieved totaling $2,500.

Awarding OrganizationAmount
Cathys Foundation

Richmond, VA

PURPOSE: TO PROVIDE LODGINGS FOR CHILDREN LEAVING FOSTER CARE.

$2,500
View Grant Recipient Profile

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