Foster and Heart FY2024 filing

Tax-deductible

Boise, ID501(c)(3)Since 2021Human ServicesEIN 86-3798441Revenue $1.7M in FY2024

On file with the IRSPo Box 8656, 83707-2656 · Boise, IDTax-exempt since Aug 2021Publicly supported — 509(a)(2)

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Fostering children

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $52K a year · 4% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $38K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$29K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+90% vs prior year
Spent
$1.5M
To programs
100%
Net assets
$389K
By yearFY2021–FY2025
Revenue
$1.7M
FY2024▲ +90%
Tap a bar for its year
Revenue by fiscal year
FY2021$65K
FY2022$190K
FY2023$919K
FY2024$1.7M
FY2025$1.6M
Expenses
$1.5M
FY2024▲ +78%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023$844K
FY2024$1.5M
FY2025$1.8M
Net assets
$389K
FY2024▲ +155%
Tap a bar for its year
Net assets by fiscal year
FY2021$13K
FY2022$78K
FY2023$153K
FY2024$389K
FY2025$235K

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

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2021.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.5M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Foster and Heart executive salaries →

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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

Foster and Heart is a human services nonprofit based in Boise, ID, formed in 2021.

Questions for Foster and Heart

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Provided by the organization

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1 program · $1.5M · in their own filed words · FY2024
01

Children were fostered

$1.5Mprogram expense

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 2 funders$38K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.7M
Money outPt IX
$1.5M
Ln 25
Programscol B$1.5M
Owns and owesPt X
$389K
net assets · Ln 32
Cash and savingsLn 1–2$330K
Total assetsLn 16$418K
LiabilitiesLn 26$29K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Government grantsLn 1e$1.1M
Noncash giftsLn 1g$114K
Fundraising eventsLn 1c$625K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$330K
Cash and savings togetherLn 1–2$330K
Land, buildings, equipmentLn 10c−$81K
Other assetsLn 15$110K
Total assetsLn 16$418K
LiabilitiesLn 26$29K
Net assetsLn 32$389K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$150K$330K
Land, buildings, equipmentLn 10c−$81K
Total assetsLn 16$238K$418K
LiabilitiesLn 26$86K$29K
Net assetsLn 32$153K$389K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$53K$53K
Other salaries and wagesLn 7$1.1M$1.1M
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$11K$11K
TravelLn 17$11K$11K
Other expenses (24a–d)Ln 24$289K$289K
All other expensesLn 24e$400$400
Total functional expensesLn 25$1.5M$1.5M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$1.8M−$154K$235K 990 PDF
FY2024 Viewing $1.7M$1.5M$236K$389K 990 PDF
FY2023 $919K$844K$74K$153K 990 PDF
FY2022 $190K$78K 990 PDF
FY2021 $65K$13K 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 FY2024 990 (6 parts)
Part I · Summary $1,742,443 revenue, 12 lines filed
I-8 Contributions and grants$1,742,443
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$1,742,443
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$52,868
I-15 Salaries and benefits$1,125,473
I-16a Professional fundraising fees$0
I-17 Other expenses$327,972
I-18 Total expenses$1,506,313
I-19 Revenue less expenses$236,130
Part VI · Governance 2 of 2 board members independent, no flags
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,742,443 across 7 lines filed
VIII-1c Fundraising events$624,993
VIII-1e Government grants$1,107,348
VIII-1f All other contributions, gifts and grants$10,102
VIII-1g Noncash contributions (included above)$114,351
VIII-1h Total contributions, gifts and grants$1,742,443
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$1,742,443
Part IX · Statement of functional expenses $1,506,313 across 7 lines filed
IX-4 Benefits paid to or for membersPrograms $52,868$52,868
IX-7 Other salaries and wagesPrograms $1,125,473$1,125,473
IX-11c Accounting feesPrograms $17,205$17,205
IX-11g Other fees for servicesPrograms $10,700$10,700
IX-17 TravelPrograms $10,509$10,509
IX-24 Other expenses (24a–d)Programs $289,158$289,158
IX-24e All other expensesPrograms $400$400
IX-25 Total functional expensesPrograms $1,506,313 · Management $0 · Fundraising $0$1,506,313
Part X · Balance sheet $418,113 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $149,720$329,851
X-4 Accounts receivable$1,582
X-9 Prepaid expenses and deferred charges$58,042
X-10c Land, buildings and equipment, net−$81,197
X-15 Other assetsStart of year $88,530$109,835
X-16 Total assetsStart of year $238,250$418,113
X-17 Accounts payable and accrued expensesStart of year $6,251$1,300
X-25 Other liabilitiesStart of year $79,414$28,098
X-26 Total liabilitiesStart of year $85,665$29,398
X-27 Net assets without donor restrictionsStart of year $152,585$336,401
X-28 Net assets with donor restrictions$52,314
X-32 Total net assets or fund balancesStart of year $152,585$388,715
X-33 Total liabilities and net assetsStart of year $238,250$418,113
Part XI · Reconciliation of net assets $388,715 net assets at year end
XI-1 Total revenue$1,742,443
XI-2 Total expenses$1,506,313
XI-3 Revenue less expenses$236,130
XI-4 Net assets at start of year$152,585
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$388,715

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

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