Daycare & development center

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$10K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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 $132K a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$10K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$908K
+3% vs prior year
Spent
$611K
To programs
98%
Net assets
$4K
By yearFY2020–FY2024
Revenue
$908K
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$290K
FY2021$383K
FY2022$518K
FY2023$881K
FY2024$908K
Expenses
$611K
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$301K
FY2021$365K
FY2022$515K
FY2023$527K
FY2024$611K
Net assets
$4K
FY2024▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$7K
FY2021$5K
FY2022$4K
FY2023$3K
FY2024$4K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1993.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $601K Management & general 2% · $10K

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

2 people listed on the 990; $10K paid to officers and key staff.

Part VII, Section A · reportable compensation
$10,000Pt VII · Sec A
Director
$0Pt VII · Sec A

Dr Emily Foste’s $10K as Director is at the 5th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dr Emily Foste$10,000$12,500$12,500$16,600$14,250
Dr Emily Forst————$14,250
Emily Foster——$12,500——

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 15aNo

Programs and updates

Fosters Child Care & Dev Ctr INC is a human services nonprofit based in Charleston, SC.

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1 program · $601K · in their own filed words · FY2024
01

Child care & development

$601Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$908K
Ln 12
Gifts and grantsLn 1h$908K
Money outPt IX
$611K
Ln 25
Programscol B$601K
Managementcol C$10K
Owns and owesPt X
$4K
net assets · Ln 32
Total assetsLn 16$4K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$908K
Total revenueLn 12$908K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$4K
LiabilitiesLn 26$0
Net assetsLn 32$4K
OperationsPt I, VI
EmployeesI 55
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 FY24End FY24
Land, buildings, equipmentLn 10c$4K$4K
Total assetsLn 16$4K$4K
LiabilitiesLn 26$0$0
Net assetsLn 32$4K$4K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$10K$10K
Pay of disqualified personsLn 6$20K$20K
Other salaries and wagesLn 7$158K$158K
Other employee benefitsLn 9$30K$30K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$22K$22K
Information technologyLn 14$14K$14K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$328K$328K
Total functional expensesLn 25$611K$601K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $908K$611K$298K$4K 990 PDF
FY2023 $881K$527K$354K$3K 990 PDF
FY2022 $518K$515K$3K$4K 990 PDF
FY2021 $383K$365K$19K$5K 990 PDF
FY2020 $290K$301K−$11K$7K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $908,350 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $880,773$908,350
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $880,773$908,350
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $159,492$218,204
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $367,758$392,538
I-18 Total expensesPrior year $527,250$610,742
I-19 Revenue less expensesPrior year $353,523$297,608
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $908,350 across 4 lines filed
VIII-1f All other contributions, gifts and grants$908,350
VIII-1h Total contributions, gifts and grants$908,350
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$908,350
Part IX · Statement of functional expenses $610,742 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $10,000$10,000
IX-6 Pay of disqualified personsPrograms $20,350$20,350
IX-7 Other salaries and wagesPrograms $158,154$158,154
IX-9 Other employee benefitsPrograms $29,700$29,700
IX-11c Accounting feesPrograms $3,890$3,890
IX-12 Advertising and promotionPrograms $3,134$3,134
IX-13 Office expensesPrograms $21,933$21,933
IX-14 Information technologyPrograms $13,747$13,747
IX-17 TravelPrograms $1,500$1,500
IX-19 Conferences, conventions and meetingsPrograms $2,800$2,800
IX-22 Depreciation, depletion and amortizationPrograms $1,072$1,072
IX-23 InsurancePrograms $16,932$16,932
IX-24 Other expenses (24a–d)Programs $327,530$327,530
IX-25 Total functional expensesPrograms $600,742 · Management $10,000 · Fundraising $0$610,742
Part X · Balance sheet $3,908 assets, 5 lines filed
X-10c Land, buildings and equipment, netStart of year $3,908$3,908
X-16 Total assetsStart of year $3,908$3,908
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,908$3,908
X-33 Total liabilities and net assetsStart of year $3,908$3,908
Part XI · Reconciliation of net assets $3,908 net assets at year end
XI-1 Total revenue$908,350
XI-2 Total expenses$610,742
XI-3 Revenue less expenses$297,608
XI-4 Net assets at start of year$3,908
XI-10 Net assets at end of year$3,908

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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