Foster And Adoptive Resource Exchange is located in Manchester, NH. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster And Adoptive Resource Exchange 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 12/2022, Foster And Adoptive Resource Exchange generated $66.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $34.4k during the year ending 12/2022. While expenses have increased by 24.8% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS MUSIC DRIVER'S ED,
BIRTHDAY PARTIES BOWLING APPLE PICKING
BOOKS FOOD CLOTHING
MEGG THOMPSON TRAUMA-INFORMED PARENTING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Obrien Secretary | 2 | $0 | |
Lisa Duda President | 2 | $0 | |
Tiffany Bourque Vice President | 2 | $0 | |
Laura Fleming Member At Large | 2 | $0 | |
Renee Gruen Treasurer | 2 | $0 | |
Kari Lockwood Member At Large | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,761 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,761 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $683 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $235 |
| Other expenses | $33,509 |
| Total operating and administrative expenses | $34,427 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $34,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,154 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,154 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |