Overview
What is Fosterful?
Fosterful is a compassionate nonprofit organization based in Vancouver, Washington. Their primary mission is to offer support to children in foster care, who often face challenging situations. They achieve this through three main pillars: volunteer companionship, provision of basic necessities, and creation of nurturing environments. The volunteer program, Fosterful Caring Companions, aims to provide reliable and trained individuals to keep children company in child welfare offices. The organization also distributes essential items such as clothing, food, and bags to children entering foster homes. Lastly, Fosterful maintains comfortable, engaging spaces for children to wait in child welfare offices, ensuring a nurturing atmosphere during a difficult time. With a dedicated team of five employees, Fosterful's mission is to make foster care a more comfortable experience for children.
Official website here: www.fosterful.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall Score: 66%, earning a Two-Star out of Four Star rating.
Fosterful has received a Two-Star rating from Charity Navigator, indicating a "Needs Improvement" status. While their Accountability & Finance Score is relatively low at 63, they excel in Culture & Community with a score of 89. The organization demonstrates strong governance with 100% independent board members and adheres to best practices by having a conflict of interest policy and documenting board meeting minutes.
On the financial side, the Program Expense Ratio stands at 55.44%, showing that just over half of their expenses are directed towards their programs. Additionally, their Liabilities to Assets Ratio is at 5.04%, which suggests manageable debt levels. However, despite their strengths in governance and community engagement, the low financial score may be a concern for potential donors looking for organizations with a more robust financial management profile.
This AI summary has been generated from information found on Charity Navigator.
Is Fosterful legitimate?
Fosterful is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fosterful 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: $77,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,486
For more financial information, click here
Official website here: www.fosterful.org
What is the mission statement of Fosterful?
Fosterful, as a nonprofit organization, is committed to forming a network of skilled volunteers who collaborate with Social Workers and Foster Caregivers. Their primary goal is to create a supportive and nurturing atmosphere for children undergoing foster care. By providing quality childcare, these volunteers act as compassionate companions, offering comfort and safety during challenging times. This is done both within the foster home and at child-welfare offices. The organization's mission is to contribute positively to the well-being of these children, offering them companionship and helping them cope with their unique circumstances.
Official website here: www.fosterful.org
Who is the CEO of Fosterful?
Sarah Desjarlais is the Executive Director of Fosterful.
Official website here: www.fosterful.org
What is the revenue of Fosterful?
Fosterful's revenue in 2022 was $592,000.
Official website here: www.fosterful.org
Who are the executives of Fosterful and what are their salaries?
The average compensation at Fosterful during 2022 was $42,831. There are 5 employees and 400 volunteers at Fosterful.
Here are 9 key members and their salaries:
- Compensation: $77,671
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Official website here: www.fosterful.org
Where can I find the form 990 for Fosterful?
Fosterful's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fosterful.org
Learn more at the official website: www.fosterful.org
Mission Statement of Fosterful
Fosterful, a distinguished nonprofit organization, is dedicated to building a supportive community of qualified volunteers who collaborate with Social Workers and Foster Caregivers. Their primary mission is to create a nurturing environment and provide a compassionate companion for children navigating the foster care system. The volunteers play a pivotal role in keeping these children occupied and safe, offering quality childcare both within foster homes and child-welfare offices, stepping in as companions during times of need.
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Impact
July, 2024
Fosterful's impact lies in providing a nurturing environment and caring companionship to children in foster care through its dedicated team of qualified volunteers. By mobilizing volunteers to offer comfort, care, and companionship during a challenging period, Fosterful ensures that these vulnerable children have a supportive presence when they need it most. Additionally, through initiatives like providing basic necessities and creating nurturing spaces in child welfare offices, Fosterful addresses the immediate needs of foster children and contributes to their well-being. Overall, Fosterful's work plays a vital role in enhancing the lives of children in foster care and supporting them through difficult transitions.
This information is meant to be a general summary of Fosterful. 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: $33
- Gross Receipts: $644,182
Assets and Liabilities:
- Total Assets: $503,910
- Total Liabilities: $25,436
- Net Assets: $478,474
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Organization Details
Founding Year
2014
Phone
(360) 828-1842Principal Officer
Sarah Desjarlais
Main Address
101 E 8th Street Suite 270, Vancouver, WA, 98660
Website
www.fosterful.orgNTEE Category
Code: P32 - Human services
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