Finally Home Foundation EIN 26-2687095

Finally Home Foundation

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Strengthens foster, adoptive, and kinship families with training, resources, and support. For fiscal year 2025 it reported $766K in revenue, $851K in expenses, and $264K in net assets.Pt I

Founded
2008
Type
Public charity (501(c)(3)) · Education
Location
Windsor, CO
Filings
6 on file (2020–2025)
Revenue
$766KFY2025
Expenses
$851K
Net assets
$264K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-2687095 Public charity (501(c)(3)) Windsor, CO Founded 2008
Form 990 (PDF)
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Size
$100K–1M
What they do
Strengthens foster, adoptive, and kinship families with training, resources, and support.
Leadership
Mark Vandruff · President
Money in and out
$766K revenue, $851K expenses
Bottom line
85% program efficiency
Where the money goes · FY2025
Total revenue
$766K
Pt VIII · Ln 12
Total expenses
$851K
Pt IX · Ln 25
Net assets
$264K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$85K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program efficiency
85%
of spending reaches programs>-0.01% vs prior filing year
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate▼ -39% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -204% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$766K
FY2025▼ -9%
Expenses
$851K
FY2025▲ +13%
Total assets
$269K
FY2025▼ -25%
Total liabilities
$4K
FY2025▼ -54%
Total revenue
$766K
Pt VIII · Ln 12
Total expenses
$851K
Pt IX · Ln 25
Net assets
$264K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$85K
Total assetsPt X · Ln 16$269K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $723K of program spending, described in the organization's own filed words · FY2025.
01

Brought our Survival Skills for Healthy Families in-person training to caregivers in Belize. Provided 111 Toolkits for BIG Emotions across the U.S. and in Paraguay. Added a 4th online course (Healthy Adult Relationships in Foster, Adoptive, and Kinship Families) to our online, on-demand offering that families can access 24/7.

$723Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFinally Home Foundation
EINHdr · item D26-2687095
Principal addressHdr · item CWindsor, CO
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2008
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFJul 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kristin Orphan’s $61K as Treasurer is at the 53rd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$756K · 99%
Investment income$10K · 1%
Contributions & grants99%$756K
Investment income1%$10K
Total revenueLn 12$766K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program services85%$723K
Management & general10%$85K
Fundraising5%$43K
Total functional expensesLn 25$851K

Balance Sheet

Part X · end of year
CashLn 1$155K
Total assetsLn 16$269K
Total liabilitiesLn 26$4K
Total net assetsLn 32$264K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $155K · Operating expenses (Pt IX) $851K · Less non-cash grants $17K · Cash operating expenses/yr $834K
2.2 months
Where the money goes
Program services
Program services $723K · Total expenses $851K
85%
Management & General
Management & general $85K · Total expenses $851K
10%
Fundraising
Fundraising $43K · Total expenses $851K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $773K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $756K · Total revenue $766K
99%
Government reliance
Government grants — · Total revenue $766K
Earned-income share
Program service revenue $0 · Total revenue $766K
0%
Investment reliance
Investment income $10K · Total revenue $766K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $851K
0%
Growth & trend
Revenue growth (YoY)
This year $766K · Prior year $842K
-9%
Revenue CAGR
FY2020 $313K · FY2025 $766K
+20%
Net-asset trend (YoY)
End of year $264K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $766K · Expenses $851K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $269K
Net-asset ratio
Net assets $264K · Total assets $269K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $269K
0%
People & payroll
Highest Reported Total Compensation
Individual Mark Vandruff · Reported title President · Highest reported compensation $0 · Total expenses $851K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $851K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 10%
Fundraising cost ratio 6%
Revenue growth -9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$38K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$766K revenue · viewing · ⤓ 990 PDF
FY2024$842K revenue · ⤓ 990 PDF
FY2023$740K revenue · ⤓ 990 PDF
FY2022$312K revenue · ⤓ 990 PDF
FY2021$302K revenue · ⤓ 990 PDF
FY2020$313K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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