Foster Love Ministries
- Assets
- $60.7k
- Revenue
- $181.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Brunswick, GA
- Founding
- 12/2018
- Data as of
- 06/2022
- EIN
- 82-4458152
Organization Overview
Foster Love Ministries is located in Brunswick, GA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Foster Love Ministries employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Love Ministries 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 Love Ministries generated $181.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $155.5k during the year ending 06/2022. While expenses have increased by 34.7% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PLACEMENT OF FOSTER CHILDREN INTO LOCAL FOSTER HOMES AND PROVIDER OF SUPPORT SERVICES TO CHILDREN AND FAMILIES IN THE FOSTER CARE NETWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN TAKEN INTO THE FOSTER CARE SYSTEM WERE PLACED INTO LOCAL FOSTER HOMES WITH 100% OF OUR FOSTER HOMES CONTINUING TO REMAIN OPEN FOR FOSTERING SINCE 2019. PLACEMENT OF CHILDREN INTO LOCAL HOMES PROVIDES CONTINUITY AND STABILITY FOR CHILDREN WHILE THEIR FAMILIES WORK TO REBUILD AND BREAK PATTERNS OF NEGLECT AND ABUSE. TRAINING HOME STUDIES HOME VISITS COMMUNITY VISITS AND CASE MANAGEMENT SERVICES WERE PROVIDED TO LOCAL FOSTER FAMILIES. FOUR FOSTER HOMES AND TEN CHILDREN RECEIVED SERVICES IN FISCAL YEAR 2022.
SUPPORT SERVICES ARE PROVIDED TO CHILDREN AND FAMILIES IN THE FOSTER CARE SYSTEM WITH SERVICES OFFERED TO SEVEN COUNTIES IN THE GOLDEN ISLES REGION. A NEW VISITATION CENTER WAS OPENED TO PROVIDE EXPANDED SERVICES TO FAMILIES INSIDE OF THE FOSTER CARE PROGRAM AND FAMILIES DISRUPTED BY DIVORCE OR SEPARATION. FAMILY SERVICES INCLUDE: EMERGENCY HOUSING TRANSPORTATION TO VISITATION OR APPOINTMENTS AND SUPERVISED VISITATION BETWEEN CHILDREN IN THE FOSTER CARE SYSTEM WITH THEIR BIOLOGICAL PARENTS SIBLINGS AND EXTENDED FAMILY MEMBERS. ADDITIONALLY TARGETED CASE MANAGEMENT COUNSELING SERVICES AND BEHAVIOR AIDE SERVICES ARE PROVIDED. OVER 1,700 HOURS OF DIRECT CARE CONTACT HOURS WERE PROVIDED TO 145 FAMILIES IN FISCAL YEAR 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Bourland Executive Director | Officer | 40 | $10,146 |
Allan Cox Board Chair | Trustee | 0 | $0 |
Ella Brown Board Treasurer | Trustee | 0 | $0 |
Jeffrey Whigham Board Secretary | Trustee | 0 | $0 |
Tony Bailey Board Member | Trustee | 0 | $0 |
Brian Williford Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,584 |
| Related organizations | $0 |
| Government grants | $7,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,595 |
| Total Program Service Revenue | $157,373 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $180,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| 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. | $13,356 |
| Compensation of current officers, directors, key employees. | $1,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,008 |
| Payroll taxes | $9,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $1,003 |
| Office expenses | $4,208 |
| Information technology | $2,490 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,011 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $937 |
| Insurance | $9,337 |
| All other expenses | $3,070 |
| Total functional expenses | $155,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,065 |
| Pledges and grants receivable | $572 |
| Accounts receivable, net | $22,352 |
| 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 | $3,610 |
| Net Land, buildings, and equipment | $3,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $60,738 |
| Accounts payable and accrued expenses | $11,283 |
| 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 | $0 |
| Total liabilities | $11,283 |
| Net assets without donor restrictions | $44,705 |
| Net assets with donor restrictions | $4,750 |
| 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 | $60,738 |