Foster Care Counts EIN 45-4619493 Form 990 (PDF) Claim this org

Foster Care Counts FY2023 filing

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Helps foster children and those aging out of care improve their lives. For fiscal year 2023 it reported $35K in revenue, $10K in expenses, and $325K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Los Angeles, CA
Website
www.fostercarecounts.org
Filings
5 on file (2020–2023)
Revenue
$35KFY2023
Expenses
$10K
Net assets
$325K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-4619493 Unknown exempt organization Los Angeles, CA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Helps foster children and those aging out of care improve their lives.
Leadership
Jeanne Pritzker · President
Money in and out
$35K revenue, $10K expenses
Bottom line
+73% surplus margin
Reported financial activity · FY2023
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$10K
Pt IX · Ln 25
Net assets
$325K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $26K
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.56
Surplus margin
+73%
revenue over expenses, this year
Program spending
44%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$35K
FY2023▲ +2%
Expenses
$10K
FY2023▼ -39%
Total assets
$325K
FY2023▲ +9%
Total liabilities
$0
FY2023
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$10K
Pt IX · Ln 25
Net assets
$325K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$325K
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoster Care Counts
EINHdr · item D45-4619493
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.fostercarecounts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Foster Care Counts executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $4K of program spending, described in the organization's own filed words · FY2023.
01

Activities to raise awareness about the issues affecting foster youth locally and elevate the profile of partner orgs, public agencies, and sector inititaives that are ensuring foster youth thrive (communications including maintaining robust website with relevant resources and information, social media presence, and resource connections…

$4Kprogram expense
02

Grantmaking program to support strategic programs and initiatives that advance the mission of foster care counts to improve outcomes for foster youth.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$35K
Investment income$155
Other revenue$8
Total revenueLn 12$35K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.56
Program services44%$4K
Management & general56%$5K
Total functional expensesLn 25$10K

Balance Sheet

Part X · end of year
CashLn 1$325K
Total assetsLn 16$325K
Total liabilitiesLn 26$0
Total net assetsLn 32$325K
Months of cash on handcomputed409.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $325K · Operating expenses/yr $10K
409.0 months
Where the money goes
Program services
Program services $4K · Total expenses $10K
44%
Management & General
Management & general $5K · Total expenses $10K
56%
Fundraising
Fundraising $0 · Total expenses $10K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $142K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $35K
100%
Government reliance
Government grants — · Total revenue $35K
Earned-income share
Program service revenue $0 · Total revenue $35K
0%
Investment reliance
Investment income $155 · Total revenue $35K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $10K
0%
Growth & trend
Revenue growth (YoY)
This year $35K · Prior year $35K
+2%
Net-asset trend (YoY)
End of year $325K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35K · Expenses $10K
+73%
Liabilities-to-Assets
Total liabilities — · Total assets $325K
Net-asset ratio
Net assets $325K · Total assets $325K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $325K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeanne Pritzker · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $10K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $10K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 44%
Overhead ratio 56%
Fundraising cost ratio 0%
Revenue growth 2%
Accounting fee ratio 38%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$126
Grants paid · 10 grants · $1.1M · 2020–2024
Foster NationCA · FY2024$300,845
Los Angeles County Department of Children and Family ServicesFY2024$10,000
Foster NationFY2022$6,200
Foster NationFY2021$390,890
Foster NationFY2021$150,000
Foster NationFY2021$112,270
IfosterCA · FY2021$35,000
Fostering UnityCA · FY2021$10,000
Ifoster INCCA · FY2020$69,500
La County Department of Children and Family ServicesFY2020$15,000

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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
FY2024 (Latest)$12K revenue · ⤓ 990 PDF
FY2023$35K revenue · viewing · ⤓ 990 PDF
FY2022$35K revenue · ⤓ 990 PDF
FY2021$357K revenue · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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