Foster Tales EIN 92-2785652

Foster Tales

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Rescues at-risk dogs from shelters and finds them foster homes for adoption. For fiscal year 2024 it reported $250K in revenue, $230K in expenses, and $36K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Bakersfield, CA
Website
www.fostertales.org
Filings
2 on file (2023–2024)
Revenue
$250KFY2024
Expenses
$230K
Net assets
$36K
People
3
Filings
2
Updates
0
More identity details & actions ⌄
EIN  92-2785652 Public charity (501(c)(3)) Bakersfield, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues at-risk dogs from shelters and finds them foster homes for adoption.
Leadership
Courtney Anne Clerico · President and Director · $76K
Money in and out
$250K revenue, $230K expenses
Bottom line
84% program efficiency
Where the money goes · FY2024
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$230K
Pt IX · Ln 25
Net assets
$36K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▼ -64% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$250K
FY2024▲ +231%
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$230K
Pt IX · Ln 25
Net assets
$36K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$42K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $194K of program spending, described in the organization's own filed words · FY2024.
01

Dog Rescues and Adoptions

Successfully rescued 229 dogs from municipal shelters, ensuring they found forever homes with loving and educated adopters.

$98Kprogram expense
02

Healthcare Management

Effectively handled medical care for dogs in foster, with minimal emergency vet care, optimizing the budget to save more dogs.

$94Kprogram expense
03

Funding & Support

Out-performed funding goals through strategic crowdfunding efforts, significantly bolstered by our strong social media presence, where we have nearly 40,000 followers.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoster Tales
EINHdr · item D92-2785652
Principal addressHdr · item CBakersfield, CA
WebsiteHdr · item Jwww.fostertales.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFApr 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and Director
$76,219Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A

Courtney Anne Clerico’s $76K as President and Director is at the 83rd percentile of top reported officer pay among 1218 $100K–1M animals 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.

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Statement of Revenue

Part VIII
Contributions & grants$148K · 59%
Program service revenue$102K · 41%
Contributions & grants59%$148K
Program service revenue41%$102K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$194K
Management & general16%$36K
Total functional expensesLn 25$230K

Balance Sheet

Part X · end of year
CashLn 1$42K
Total assetsLn 16$42K
Total liabilitiesLn 26$6K
Total net assetsLn 32$36K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $42K · Operating expenses/yr $230K
2.2 months
Where the money goes
Program services
Program services $194K · Total expenses $230K
84%
Management & General
Management & general $36K · Total expenses $230K
16%
Fundraising
Fundraising $0 · Total expenses $230K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $148K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $148K · Total revenue $250K
59%
Government reliance
Government grants $0 · Total revenue $250K
0%
Earned-income share
Program service revenue $102K · Total revenue $250K
41%
Investment reliance
Investment income $0 · Total revenue $250K
0%
Program self-sufficiency
Program service revenue $102K · Total expenses $230K
44%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $76K
+231%
Net-asset trend (YoY)
End of year $36K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $230K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $42K
Net-asset ratio
Net assets $36K · Total assets $42K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $42K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Courtney Anne Clerico · Reported title President and Director · Highest reported compensation $76K · Total expenses $230K
33%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $230K
36%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth 231%
Investment management fee ratio 0%
Legal fee ratio 0.5%
Accounting fee ratio 0.2%

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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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)$250K revenue · viewing · ⤓ 990 PDF
FY2023$76K revenue · ⤓ 990 PDF

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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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