Overview
What is Foster Success?
Foster Success is a 501(c)(3) charitable organization, based in Indianapolis, Indiana, dedicated to ensuring the well-being of foster care youth. Their mission involves providing young people in foster care with education, stable housing, financial security, employment opportunities, and a supportive network by the age of 25. To achieve this, Foster Success offers technical assistance to various stakeholders, including funders, policy makers, case managers, independent living specialists, and youth-serving providers, aiming to enhance their capacity to support the transition of foster care youth effectively. Their youth engagement programs bring together young people who have experienced foster care, fostering a supportive environment where they can address shared issues. Foster Success's team consists of 27 dedicated individuals.
Official website here: www.fostersuccess.org
What are the reviews and ratings of this charity?
Charity Navigator has awarded Foster Success a commendable Four-Star out of Four Star rating, reflecting an outstanding overall score of 97%. This high rating is primarily driven by their exceptional performance in Accountability & Finance, where they scored 97%, indicating robust financial health and transparency. The organization boasts independent board governance and comprehensive oversight practices, with no noted diversions of assets and exemplary efficiencies in program expenses and fundraising.
The organization's strengths are particularly pronounced in their commitment to accountability, highlighted by their high scores across various metrics, including board independence and the effective management of financial practices. Their commitment to integrating equity strategies is also notable, with 11 equity practices currently in implementation, demonstrating a proactive approach to inclusivity and representation within their mission.
Unfortunately, user reviews from GreatNonprofits could not be fetched, so public sentiment regarding individual experiences with the organization remains unavailable. Overall, Foster Success appears to be well-managed and dedicated to its mission, making it a promising choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Foster Success legitimate?
Foster Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foster Success 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: $108,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,009,425
For more financial information, click here
Official website here: www.fostersuccess.org
What is the mission statement of Foster Success?
Foster Success, a 501(c)(3) charitable organization, is committed to ensuring that foster care youth are well-prepared to navigate adulthood. By the age of 25, their mission is to help these youth achieve educational attainment, secure stable housing, attain financial stability, secure employment, and establish a supportive network. Foster Success provides technical assistance to various stakeholders, including funders, policy makers, case managers, independent living specialists, and youth-serving providers, to enhance their capacity in effectively supporting youth transitioning from foster care.
Official website here: www.fostersuccess.org
Who is the CEO of Foster Success?
Maggie Stevens is the Ceo of Foster Success. The CEO's salary of Foster Success is $108,682 and their total compensation is $108,682.
Official website here: www.fostersuccess.org
What is the revenue of Foster Success?
Foster Success's revenue in 2023 was $9,816,775.
Official website here: www.fostersuccess.org
Who are the executives of Foster Success and what are their salaries?
The average compensation at Foster Success during 2023 was $41,411. There are 27 employees and 48 volunteers at Foster Success.
Here are 14 key members and their salaries (Foster Success's CEO's salary is $108,682 and their total compensation is $108,682):
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Official website here: www.fostersuccess.org
Where can I find the form 990 for Foster Success?
Foster Success's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fostersuccess.org
Learn more at the official website: www.fostersuccess.org
Mission Statement of Foster Success
Foster Success, a 501(c)(3) charitable organization, is committed to ensuring that foster care youth have a successful transition into adulthood. By age 25, the organization aims to ensure that these young individuals are well-educated, stably housed, financially secure, employed, and connected to a supportive network. Foster Success provides technical assistance to various stakeholders, including funders, policy makers, case managers, independent living specialists, and youth-serving providers, to enhance their capacity to effectively support these transitioning youth. The organization's mission is to empower and equip these young individuals to navigate their future with confidence and resilience.
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Impact
July, 2024
Foster Success is dedicated to ensuring that foster care youth are educated, housed, financially stable, employed, and connected to a support system by age 25. Through their youth engagement programs, Foster Success brings together young people to support one another and address the issues that are important to them. By providing technical assistance to various stakeholders, including funders, policymakers, case managers, and youth-serving providers, Foster Success is working to effectively support youth transitioning from foster care. Their impact includes empowering foster youth to thrive by equipping them with the necessary resources and connections for a successful transition to adulthood.
This information is meant to be a general summary of Foster Success. 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 2023.
- Investment Income: $198,703
- Gross Receipts: $9,816,775
Assets and Liabilities:
- Total Assets: $8,230,593
- Total Liabilities: $2,278,027
- Net Assets: $5,952,566
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Organization Details
Founding Year
2012
Phone
(317) 917-8940Principal Officer
Maggie Stevens
Main Address
546 E 17TH STREET 206, INDIANAPOLIS, IN, 46204
Website
www.fostersuccess.orgNTEE Category
Code: P30 - Human services
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