Helps foster youth develop life skills, find jobs, and continue education for better futures.
For fiscal year 2024 it reported $8.4M in revenue, $8.3M in expenses, and $1.8M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$8.4M
Pt VIII · Ln 12
Total expenses
$8.3M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $157K
Where spending went · Part IX cols B–D
84%
16%
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate▲ +25% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +2% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$8.4M
FY2024▲ +41%
$8.4M$4.2M$0
FY2020FY2024
Expenses
$8.3M
FY2024▲ +41%
$8.3M$4.1M$0
FY2020FY2024
Total assets
$2.3M
FY2024▲ +4%
$2.3M$1.1M$0
FY2020FY2024
Total liabilities
$462K
FY2024▼ -13%
$532K$266K$0
FY2020FY2024
Total revenue
$8.4M
Pt VIII · Ln 12
Total expenses
$8.3M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$157K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III
Where the work happens
2 program services account for $6.9M of program spending, described in the organization's own filed words · FY2024.
01
Fostering Acadia's mission is to foster hope, change, and futures of youth seeking an independent living arrangement. Fostering Acadia is an independent living arrangement serving youth ages 17-21. It is an apartment-style program that assists youth with daily living skills, employment, and education support.
$6.9Mprogram expense
02
During the year, Fostering Acadia provided support to other organizations with similar goals (Youth Advocacy) through donations to their programs.
Jason Brown’s $159K as President & CEO
is at the 77th percentile of top reported officer pay among 3864 $1–10M 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 · 5 named individuals · Part VII
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.
Individual Jason Brown · Reported title President & CEO · Highest reported compensation $159K · Total expenses $8.3M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.8M · Total expenses $8.3M
34%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
84%
—
—
Overhead ratio
16%
—
—
Revenue growth
41%
—
—
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.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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