Overview
What is Foster Care Closet?
Foster Care Closet is a nonprofit organization based in Lincoln, Nebraska, with a mission to support children in the Southeast Nebraska foster care system. Their primary activity involves providing clothing and miscellaneous items to these children, ensuring they have essential items during their placement process. The organization also operates an intake care center, offering a safe environment for children and their case managers during this critical period. At the center, children can choose their own clothing, receive a backpack, and enjoy a meal, all while benefiting from the supportive services provided by Foster Care Closet. The organization currently employs 12 individuals.
Official website here: www.fostercarecloset.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. This rating indicates that while Foster Care Closet demonstrates some strengths in governance and financial accountability, there are significant areas for improvement, particularly in financial transparency and adherence to recommended practices for nonprofit organizations.
The organization has a fully independent board, which is a positive aspect of its governance, scoring full points in both the majority independent board members and independent board size categories. Additionally, it has a high program expense ratio of 82.39%, meaning that a significant portion of its funds is directed toward its programs rather than administrative costs. However, the lack of financial statements and incomplete policies regarding conflict of interest, whistleblower protection, and document retention raise concerns about its accountability and financial management practices.
Overall, while Foster Care Closet has established a strong foundation in governance and program delivery, the deficiencies in financial documentation and policies suggest a need for enhanced transparency and compliance. Addressing these limitations would not only improve its rating but also strengthen stakeholder confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Foster Care Closet legitimate?
Foster Care Closet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foster Care Closet 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,922
For more financial information, click here
Official website here: www.fostercarecloset.org
What is the mission statement of Foster Care Closet?
Foster Care Closet's mission is centered around helping children in the foster care system. This organization seeks to provide them with essential clothing items. Beyond clothing, Foster Care Closet also offers an intake care center where children, accompanied by their case managers, can find a safe environment during the placement process. During their time at the center, children are given the opportunity to select clothing, a backpack, and even enjoy a meal of their choosing, all while receiving additional support. The center's primary goal is to ensure these children feel cared for and supported during a challenging time in their lives.
Official website here: www.fostercarecloset.org
Who is the CEO of Foster Care Closet?
Leigh Esau is the Member of Foster Care Closet.
Official website here: www.fostercarecloset.org
What is the revenue of Foster Care Closet?
Foster Care Closet's revenue in 2022 was $693,283.
Official website here: www.fostercarecloset.org
Who are the executives of Foster Care Closet and what are their salaries?
The average compensation at Foster Care Closet during 2022 was $17,910. There are 12 employees at Foster Care Closet.
Here are 5 key members and their salaries:
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Official website here: www.fostercarecloset.org
Where can I find the form 990 for Foster Care Closet?
Foster Care Closet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fostercarecloset.org
Learn more at the official website: www.fostercarecloset.org
Mission Statement of Foster Care Closet
Foster Care Closet, a nonprofit organization, is dedicated to supporting children in the foster care system. Its mission is twofold: firstly, to provide these children with essential clothing items. Secondly, Foster Care Closet offers an intake care center, ensuring a safe and secure environment for these children during the placement process. This center, where children and their case managers are present, allows the children to choose clothing, a backpack, and even have a meal of their preference. The nonprofit's services extend beyond material support, aiming to make this transitional period as comfortable as possible for the children involved.
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Impact
July, 2024
Foster Care Closet's impact is significant in providing essential support to children in the foster care system in Southeast Nebraska. By offering clothing and essential items to these vulnerable children, the organization not only meets their basic needs but also helps them feel valued and cared for during a challenging time in their lives. Additionally, the presence of an intake care center ensures that children and their case managers have a safe and supportive environment during the placement process, further contributing to their well-being and sense of security. Overall, Foster Care Closet's work directly enhances the lives of children in foster care by addressing their immediate needs and helping them navigate the complexities of the system with dignity and compassion.
This information is meant to be a general summary of Foster Care Closet. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $547
- Gross Receipts: $693,283
Assets and Liabilities:
- Total Assets: $264,618
- Total Liabilities: $12,832
- Net Assets: $251,786
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Organization Details
Founding Year
2011
Phone
(402) 617-0667Principal Officer
Leigh Esau
Main Address
643 S 25 ST STE 8, LINCOLN, NE, 68510
Website
www.fostercarecloset.orgNTEE Category
Code: P50 - Human services
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