Firm Foundations Romania FY2021 filing

Tax-deductible

Folsom, CA501(c)(3)Youth DevelopmentEIN 27-3279499Revenue $616K in FY2021

On file with the IRS13405 Folsom Blvd Ste 511, 95630-4739 · Folsom, CATax-exempt since Oct 2010Publicly supported charity — 170(b)(1)(A)(vi)

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Provides daily care to the babies who are left without parents. We also provide bible teaching program to children ages 6 to 18 along with homework assistance.

501(c)(3) charity; gifts are tax-deductible.
$83K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $214K a year · 51% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 51% of spending
Concern: pay to officers and key staff is 51% of spending; over 30%.
Pt VII · Sec A
Cash reserves
30 mo
of spending, in cash
Looks good: 30.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $38K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
−$423
-0.05% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$616K
+118% vs prior year
Spent
$162K
To programs
0%
Net assets
$834K
By yearFY2020–FY2024
Revenue
$616K
FY2021▲ +118%
Tap a bar for its year
Revenue by fiscal year
FY2020$282K
FY2021$616K
FY2022$563K
FY2023$413K
FY2024$236K
Expenses
$162K
FY2021▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$160K
FY2021$162K
FY2022$169K
FY2023$256K
FY2024$290K
Net assets
$834K
FY2021▲ +119%
Tap a bar for its year
Net assets by fiscal year
FY2020$380K
FY2021$834K
FY2022$1.2M
FY2023$1.4M
FY2024$1.4M

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 83% · $134K Fundraising 17% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
$44,775Pt VII · Sec A
Secretary
$38,493Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sarah Berchtold’s $50K as CEO is at the 38th percentile of top reported officer pay among 1992 $100K–1M youth development 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sarah Berchtold$49,940$58,520$49,875$44,775$42,815
Mary Buckalo$39,175$52,580$37,200$38,493$34,759

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Cares for orphaned babies and teaches children the Bible and helps with homework.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$38K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$616K
Ln 12
Gifts and grantsLn 1h$616K
Money outPt IX
$162K
Ln 25
Managementcol C$134K
Fundraisingcol D$27K
Owns and owesPt X
$834K
net assets · Ln 32
Cash and savingsLn 1–2$409K
Total assetsLn 16$833K
LiabilitiesLn 26−$423
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$616K
Fundraising eventsLn 1c$252K
Total revenueLn 12$616K
Assets in detailPt X, end of year
CashLn 1$409K
Cash and savings togetherLn 1–2$409K
Land, buildings, equipmentLn 10c$424K
Total assetsLn 16$833K
LiabilitiesLn 26−$423
Net assetsLn 32$834K
OperationsPt I, VI
EmployeesI 52
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$340K$409K
Land, buildings, equipmentLn 10c$40K$424K
Total assetsLn 16$380K$833K
LiabilitiesLn 26−$423−$423
Net assetsLn 32$380K$834K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$113K$0$113K$0
Payroll taxesLn 10$7K$0$7K$0
Legal feesLn 11b$900$0$900$0
Advertising and promotionLn 12$21K$0$0$21K
Office expensesLn 13$1K$0$1K$0
TravelLn 17$6K$0$0$6K
Other expenses (24a–d)Ln 24$8K$0$8K$0
All other expensesLn 24e$4K$0$4K$0
Total functional expensesLn 25$162K$0$134K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $236K$290K−$55K$1.4M 990 PDF
FY2023 $413K$256K$157K$1.4M 990 PDF
FY2022 $563K$169K$394K$1.2M 990 PDF
FY2021 Viewing $616K$162K$454K$834K 990 PDF
FY2020 $282K$160K$122K$380K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $615,625 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $281,886$615,625
I-9 Program service revenuePrior year $0$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $281,886$615,625
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $84,277$120,185
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $75,706$41,573
I-18 Total expensesPrior year $159,983$161,758
I-19 Revenue less expensesPrior year $121,903$453,867
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $615,625 across 4 lines filed
VIII-1c Fundraising events$252,425
VIII-1f All other contributions, gifts and grants$363,200
VIII-1h Total contributions, gifts and grants$615,625
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$615,625
Part IX · Statement of functional expenses $161,758 across 8 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $113,068 · Fundraising $0$113,068
IX-10 Payroll taxesPrograms $0 · Management $7,117 · Fundraising $0$7,117
IX-11b Legal feesPrograms $0 · Management $900 · Fundraising $0$900
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $21,128$21,128
IX-13 Office expensesPrograms $0 · Management $1,169 · Fundraising $0$1,169
IX-17 TravelPrograms $0 · Management $0 · Fundraising $6,298$6,298
IX-24 Other expenses (24a–d)Programs $0 · Management $7,869 · Fundraising $0$7,869
IX-24e All other expensesPrograms $0 · Management $4,209 · Fundraising $0$4,209
IX-25 Total functional expensesPrograms $0 · Management $134,332 · Fundraising $27,426$161,758
Part X · Balance sheet $833,380 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $339,656$409,450
X-10c Land, buildings and equipment, netStart of year $39,857$423,930
X-16 Total assetsStart of year $379,513$833,380
X-17 Accounts payable and accrued expensesStart of year −$423−$423
X-26 Total liabilitiesStart of year −$423−$423
X-32 Total net assets or fund balancesStart of year $379,936$833,803
X-33 Total liabilities and net assetsStart of year $379,513$833,380
Part XI · Reconciliation of net assets $833,803 net assets at year end
XI-1 Total revenue$615,625
XI-2 Total expenses$161,758
XI-3 Revenue less expenses$453,867
XI-4 Net assets at start of year$379,936
XI-10 Net assets at end of year$833,803

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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