New Foster Care Inc

Organization Overview

New Foster Care Inc is located in Bloomfield Hills, MI. The organization was established in 2017. 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 12/2020, New Foster Care Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Foster Care 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 12/2020, New Foster Care Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $647.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE AWARENESS AND MAKE MEASURABLE IMPACT ON THE FOSTER CARE SYSTEM THROUGH COLLABORATION AND CONNECTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BRIDGE PROGRAM IS A TRANSITIONAL SUPPORT MODEL SERVING YOUNG PEOPLE AGES 14 TO 29, TO ASSIST THOSE YOUTH WHO ARE AGING OUT OF FOSTER CARE AND LACK THE NECESSARY SKILLS, RESOURCES, AND SUPPORT TO CONTINUE DEVELOPMENT IN ADULTHOOD. UTILIZING A STRENGTHS-BASED AND PERSON-CENTERED APPROACH THAT ALLOWS A YOUNG PERSON TO BUILD UPON THEIR FOUNDATION OF SKILLS, YOUNG PEOPLE ARE ENGAGED IN THEIR NATURAL ENVIRONMENT AND CONNECTED TO A NETWORK OF SUPPORT. EACH YOUNG PERSON ACCEPTED INTO THE BRIDGE IS ASSIGNED A MULTISYSTEMIC NAVIGATOR TO ASSIST WITH THEIR TRANSITION AND COORDINATE WITH THE DEPARTMENT OF HEALTH AND HUMAN SERVICES (DHHS), AND OTHER SERVICE AGENCIES PROVIDING ASSISTANCE. THE NAVIGATOR PROVIDES COACHING AND SUPPORT ACROSS FIVE TRANSITIONAL LIFE DOMAINS: EDUCATION, EMPLOYMENT, LIVING SITUATION, COMMUNITY LIFE FUNCTIONING AND PERSONAL EFFECTIVENESS AND WELLBEING.


THE NEW FOSTER CARE'S BRIDGING THE GAP RESOURCE PROGRAM. THIS PROGRAM PROVIDES DIRECT SUPPORTS, SUCH AS TOILETRIES, BEDDING, LUGGAGE, ETC., AS WELL AS MICRO-LOANS TO ASSIST THE YOUTH IN ACHIEVING HIS/HER IDENTIFIED GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Yatooma
President
$0
Joel Bell
Director
$0
Jamie Kjos
Secretary
$0
Liza Munro
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $103,000
All other contributions, gifts, grants, and similar amounts not included above$1,483,404
Noncash contributions included in lines 1a–1f $10,228
Total Revenue from Contributions, Gifts, Grants & Similar$1,586,404
Total Program Service Revenue$0
Investment income $29,684
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 $1,616,088

Grants Recieved

Over the last fiscal year, we have identified 3 grants that New Foster Care Inc has recieved totaling $2,407,000.

Awarding OrganizationAmount
Brightmoor Christian Church Endowment Fund

Novi, MI

PURPOSE: FOSTER CARE SUPPORT

$1,200,000
Brightmoor Christian Church Endowment Fund

Novi, MI

PURPOSE: FOSTER CARE SUPPORT

$1,200,000
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$7,000
View Grant Recipient Profile

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