Foster Love is located in Beebe, AR. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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 Love 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 12/2023, Foster Love generated $77.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $100.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOSTER LOVE RECRUITS, TRAINS AND SUPPORTS NEW FOSTER AND ADOPTIVE PARENTS FROM ALL WALKS OF LIFE IN ORDER TO FIND FAMILIES FOR ARKANSAS CHILDREN AND HOMES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannie Roberts Executive Director | 40 | $0 | |
Tina Johnson Board Member | 1 | $0 | |
Katie Lynch Board Member | 1 | $0 | |
Dana Davidson Board Member | 1 | $0 | |
Gloria Pedro Board Member | 1 | $0 | |
Kevin Spurgers Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,867 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,867 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,014 |
| Professional fees and other payments to independent contractors | $15,098 |
| Occupancy, rent, utilities, and maintenance | $3,759 |
| Printing, publications, postage, and shipping | $627 |
| Other expenses | $16,355 |
| Total expenses | $100,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,739 |
| Other assets | $0 |
| Total assets | $8,584 |
| Total liabilities | $2,395 |
| Net assets or fund balances | $6,189 |