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Fostering The Light Foundation

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

EIN: 383654768 ✦ Martinsburg, WV ✦ Designated as a 501(c)(3)

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Overview

What is Fostering The Light Foundation?

The Fostering The Light Foundation is a non-profit organization based in the Eastern Panhandle region of West Virginia. Its mission is centered around enhancing the lives of foster children in the area. Specifically, they engage in various programs, with a focus on making donations to 501c3 organizations. Through these initiatives, the foundation aims to create a positive impact on the well-being and experiences of foster children within their community.

Is Fostering The Light Foundation legitimate?

Fostering The Light Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fostering The Light Foundation 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: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,953

For more financial information, click here

What is the mission statement of Fostering The Light Foundation?

The Fostering The Light Foundation is dedicated to improving the lives of foster children in various ways. Specifically, the foundation focuses on programs that positively impact the well-being of foster children in the Eastern Panhandle of West Virginia. In pursuit of this mission, the foundation makes donations to 501c3 organizations, contributing to their efforts in supporting foster children.

Who is the CEO of Fostering The Light Foundation?

Michael J Barrett is the Director of Fostering The Light Foundation.

What is the revenue of Fostering The Light Foundation?

Fostering The Light Foundation's revenue in 2022 was $685,631.

Who are the executives of Fostering The Light Foundation and what are their salaries?


Here are 3 key members and their salaries:


Michael J Barrett (Director)
  • Compensation: $31,200
  • Related: $0
  • Other: $0
Kristi Woodward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ratcliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fostering The Light Foundation?

Fostering The Light Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fostering The Light Foundation

The Fostering The Light Foundation, a nonprofit organization, is dedicated to making a positive impact on the lives of foster children in the Eastern Panhandle of West Virginia. By engaging in various programs, this charitable entity strives to better the circumstances of these young individuals who are under foster care. The mission of the Fostering The Light Foundation is to provide support and resources to 501c3 organizations working towards the betterment of foster children in the region. Through their initiatives, they aim to create a brighter future for these children and contribute to their overall well-being.

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Impact




July, 2024

Fostering The Light Foundation's impact is felt through its programs that positively influence the lives of foster children in the Eastern Panhandle of West Virginia. By engaging in various initiatives and making donations to relevant organizations, the foundation effectively supports the mental health and overall well-being of these vulnerable children in Martinsburg.




This information is meant to be a general summary of Fostering The Light Foundation. 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
$685,631 (2022)
Expenses
$632,853 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,147,728

Assets and Liabilities:

  • Total Assets: $58,529
  • Total Liabilities: $19,078
  • Net Assets: $39,451

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Organization Details

Principal Officer

Michael J Barrett

Main Address

1125 W King Street, Martinsburg, WV, 25401

NTEE Category

Code: F20 - Mental health

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