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Faithbridge Foster Care Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205162251 ✦ Alpharetta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Faithbridge Foster Care Inc?

Faithbridge Foster Care Inc, based in Alpharetta, Georgia, is a nonprofit organization dedicated to supporting foster families. Their mission is to mobilize and equip local families and churches to offer effective and sustainable foster care solutions. By doing so, they aim to serve children and help restore families within their communities. Faithbridge provides daily financial assistance to foster families through a per diem rate, which varies depending on the child's age and care level. This aid assists foster parents in covering additional expenses, such as food, clothing, and supplies, associated with raising foster children. With a workforce of 52 individuals, Faithbridge Foster Care Inc is committed to making a positive impact on the lives of foster children and their families.


Official website here: www.faithbridgefostercare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Faithbridge Foster Care Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this category, indicating robust financial health and transparency. Key strengths include a fully independent board, comprehensive financial oversight, and strong policies for conflict of interest and whistleblowing, which bolster its credibility and governance.

The organization demonstrates a high commitment to program spending, with an impressive program expense ratio of 89.38%, highlighting its dedication to utilizing resources effectively for its mission. Furthermore, the absence of any material diversion of assets showcases its integrity in financial management. These factors contribute significantly to the charity's positive standing in the nonprofit sector.

While Faithbridge Foster Care Inc excels in financial accountability, the summary does not provide insights into its programmatic impact or user feedback from beneficiaries. This could be a limitation for potential donors seeking a holistic view of the organization's effectiveness beyond just financial metrics.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Faithbridge Foster Care Inc?

92% of 18 reviewers on Facebook recommend Faithbridge Foster Care Inc. Here's a summary of their reviews:

The sentiment towards Faithbridge Foster Care Inc indicates a strong appreciation for their mission of supporting Christian foster families. Many recognize the urgent need for foster care services that align with their values, highlighting the importance of providing safe and nurturing environments for children. However, there are concerns about the agency’s responsiveness and engagement with potential foster families, with some reviewers feeling overlooked despite their willingness to help.

Overall, while the majority seem to support the organization's goals, there are critical voices that suggest room for improvement in how they interact with prospective foster families.


This AI summary has been generated from reviews found on Facebook.

Is Faithbridge Foster Care Inc legitimate?

Faithbridge Foster Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faithbridge Foster Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $134,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,241,545

For more financial information, click here


Official website here: www.faithbridgefostercare.org

What is the mission statement of Faithbridge Foster Care Inc?

Faithbridge Foster Care Inc's mission is centered around mobilizing and equipping families, along with their local churches, to offer effective and sustainable foster care solutions. The organization strives to serve children and help restore families within their communities. Through this mission, Faithbridge Foster Care Inc provides support to foster families, offering them a daily per diem to help cover additional expenses associated with raising a foster child. This financial assistance, while not covering the full cost, aids foster parents in providing necessary food, clothing, and supplies for the child's care.


Official website here: www.faithbridgefostercare.org

Who is the CEO of Faithbridge Foster Care Inc?

Unavailable The CEO's salary of Faithbridge Foster Care Inc is $0 and their total compensation is $0.


Official website here: www.faithbridgefostercare.org

What is the revenue of Faithbridge Foster Care Inc?

Faithbridge Foster Care Inc's revenue in 2022 was $7,664,661.


Official website here: www.faithbridgefostercare.org

Who are the executives of Faithbridge Foster Care Inc and what are their salaries?

The average compensation at Faithbridge Foster Care Inc during 2022 was $45,690. There are 52 employees and 91 volunteers at Faithbridge Foster Care Inc.


Here are 9 key members and their salaries (Faithbridge Foster Care Inc's CEO's salary is $0 and their total compensation is $0):


Leslie Kurtz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Jackson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Stolz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence H Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bruder-Mattson (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelvin Stewart (Vice President Of Finance)
  • Compensation: $122,744
  • Related: $0
  • Other: $11,598
David Deal (Vp Marketing And Community Engagement)
  • Compensation: $147,848
  • Related: $0
  • Other: $40,167
Jessi Esterling (Vp Of Foster Care Ops)
  • Compensation: $120,142
  • Related: $0
  • Other: $41,275


Official website here: www.faithbridgefostercare.org

Where can I find the form 990 for Faithbridge Foster Care Inc?

Faithbridge Foster Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.faithbridgefostercare.org

Learn more at the official website: www.faithbridgefostercare.org

Mission Statement of Faithbridge Foster Care Inc

Faithbridge Foster Care Inc is an organization dedicated to mobilizing and equipping families, as well as their local churches, to provide effective and sustainable foster care solutions. Their mission is to serve children and restore families in their communities. By doing so, Faithbridge Foster Care aims to provide a safe and supportive environment for children who are currently in foster care.

The organization accomplishes this mission by equipping foster parents with the resources they need to provide for the children in their care. This includes providing a daily per diem rate based on the child's age and level of care, which is intended to help cover the added expenses of raising a foster child. Despite the per diem not fully covering the cost of raising a child, it allows foster parents to use the funds for essential items such as food, clothing, and supplies.

In essence, Faithbridge Foster Care Inc acts as a bridge between families and children in need of care, and local churches who can provide support and resources. By mobilizing and equipping these individuals, the organization seeks to create a supportive network that can provide effective and sustainable foster care solutions, ultimately serving the best interests of the children and helping to restore families in the community.

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Impact




October, 2024

Faithbridge Foster Care Inc significantly impacts communities by mobilizing and equipping families and local churches to provide effective and sustainable foster care solutions. Through their efforts, they not only serve children in need of stable homes but also focus on restoring families within the community.

Foster families receive a daily per diem based on the age and level of care required for the foster children they take in. While this support does not fully cover the costs associated with raising a child, it helps alleviate some financial burdens, allowing families to invest in essential needs such as food, clothing, and supplies. This financial assistance enables foster families to care for multiple siblings, ensuring that siblings can remain together during a critical time in their lives.

By fostering partnerships between families and churches, Faithbridge cultivates a supportive network that enriches the foster care experience and promotes a sense of community. Their mission to empower local families to make a difference in the lives of children highlights the transformative potential of grassroots involvement in addressing the urgent need for foster care. As a result, Faithbridge not only addresses the immediate needs of vulnerable children but also strengthens the fabric of the community, providing hope and stability for families in crisis.




This information is meant to be a general summary of Faithbridge Foster Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,664,661 (2022)
Expenses
$7,351,812 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$406
  • Program Service Revenue: $6,469,874
  • Gross Receipts: $7,713,538

Assets and Liabilities:

  • Total Assets: $2,261,362
  • Total Liabilities: $640,687
  • Net Assets: $1,620,675

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Direct Foster Care

Revenue

$6,469,874

Organization Details

Founding Year

2006

Main Address

2555 Northwinds Parkway 500, Alpharetta, GA, 30009

NTEE Category

Code: P32 - Human services

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