Overview
What is Friends Of Foster Kids?
Friends of Foster Kids is a nonprofit organization situated in the state of Michigan, specifically in Roseville (address: 3223 Gratiot Avenue, 48066). Their primary mission is to support foster children and those transitioning from the foster care system into adulthood. This support takes various forms, including the distribution of holiday toys, essential clothing, and personal items. Beyond the holiday season, they provide necessary resources during the transition phase, such as vehicles and college supplies. The organization's outreach has expanded across three Michigan counties, Macomb, Oakland, and Wayne, to offer comprehensive assistance to foster children and those leaving the foster care system.
Official website here: www.friendsoffosterkids.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. Friends Of Foster Kids has demonstrated some strengths in its governance structure, with a fully independent board and no reported material diversion of assets. The organization has achieved a program expense ratio of 81.28%, indicating a strong commitment to utilizing funds for its intended programs rather than administrative costs.
However, the organization has notable weaknesses in its accountability and financial transparency. It has received no points for financial statements or for having essential policies such as conflict of interest and whistleblower policies. Additionally, it lacks a publicly posted tax form, which is an important aspect of transparency for nonprofits.
Overall, while Friends Of Foster Kids shows a dedication to supporting its mission through high program spending, it faces challenges in governance and transparency that may raise concerns for potential donors and stakeholders. Addressing these limitations could strengthen its credibility and effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Foster Kids legitimate?
Friends Of Foster Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Foster Kids 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: $0
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Official website here: www.friendsoffosterkids.org
What is the mission statement of Friends Of Foster Kids?
Friends of Foster Kids aims to support children under the care of the Department of Human Services (DHS) in Macomb, Oakland, and Wayne Counties in Michigan. Their mission is twofold: providing holiday gifts for these foster children and offering transitional assistance to those graduating from the foster care system. This organization's activities include purchasing and distributing holiday toys, as well as providing necessary clothing and other personal items as needed. Furthermore, they offer assistance during the transition from foster care to adulthood, such as providing automobiles and college-bound supplies.
Official website here: www.friendsoffosterkids.org
Who is the CEO of Friends Of Foster Kids?
Theresa Toia is the Director of Friends Of Foster Kids.
Official website here: www.friendsoffosterkids.org
What is the revenue of Friends Of Foster Kids?
Friends Of Foster Kids's revenue in 2022 was $506,563.
Official website here: www.friendsoffosterkids.org
Who are the executives of Friends Of Foster Kids and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.friendsoffosterkids.org
Where can I find the form 990 for Friends Of Foster Kids?
Friends Of Foster Kids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendsoffosterkids.org
Learn more at the official website: www.friendsoffosterkids.org
Mission Statement of Friends Of Foster Kids
Friends of Foster Kids, a nonprofit organization, is committed to supporting the Michigan Department of Health and Human Services (DHS) in providing holiday gifts for foster children under their care. Additionally, the organization extends its support to children transitioning out of the foster care system, offering them necessary assistance. Initially focusing on Macomb County, the organization's efforts have now expanded to include Oakland and Wayne Counties in Michigan. Through this mission, Friends of Foster Kids actively purchases and distributes holiday toys for foster children, ensuring they have joyous celebrations. Furthermore, the organization provides essential clothing, personal items, and transitional resources, such as automobiles and college supplies, to help children successfully move from foster care into adulthood.
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Impact
July, 2024
Friends Of Foster Kids has a significant impact on the lives of foster children in Macomb County, Oakland County, and Wayne County, Michigan. The organization provides holiday gifts for foster children under the care of the Department of Health and Human Services and offers transitional assistance to those graduating from the foster care system. This includes purchasing and distributing holiday toys, clothing, personal items, autos, and college-bound supplies as needed during the transition to adulthood. Friends Of Foster Kids plays a crucial role in supporting these vulnerable youth and helping them navigate the challenges of transitioning out of the foster care system.
This information is meant to be a general summary of Friends Of Foster Kids. 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: $11,744
- Program Service Revenue: $103,610
- Gross Receipts: $506,563
Assets and Liabilities:
- Total Assets: $720,172
- Total Liabilities: $0
- Net Assets: $720,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHRISTMAS & GRAD PARTY
Revenue
$68,475
GOLF OUTING
Revenue
$35,135
Organization Details
Founding Year
2008
Phone
(586) 907-9001Principal Officer
Theresa Toia
Main Address
3223 GRATIOT AVENUE, ROSEVILLE, MI, 48066
Website
www.friendsoffosterkids.orgNTEE Category
Code: T50 - Philanthropy
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