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Vault Fostering Community

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

EIN: 465612227 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Vault Fostering Community?

Vault Fostering Community is a small-scale, nonprofit organization located in San Antonio, Texas. With a single employee, this organization is committed to providing essential support to over 120 foster families and over 180 foster children. They offer material resources, including clothing, shoes, and supplies for the foster children, as well as lending necessary items to foster families, such as beds, cribs, car seats, strollers, baby baths, and changing tables. The primary objective of Vault Fostering Community is to equip and support these foster families, ensuring they have the resources needed to care for their foster children effectively.


Official website here: www.vaultfosteringcommunity.org

Is Vault Fostering Community legitimate?

Vault Fostering Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vault Fostering Community 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: $63,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.vaultfosteringcommunity.org

What is the mission statement of Vault Fostering Community?

The mission of Vault Fostering Community is to equip and support foster families in meeting the needs of the foster children under their care. This is achieved by providing them with necessary resources, such as clothing, shoes, and various supplies for the children. Furthermore, Vault Fostering Community lends essential items to foster families, including beds, cribs, car seats, strollers, baby baths, and changing tables, to help them effectively care for their foster children.


Official website here: www.vaultfosteringcommunity.org

Who is the CEO of Vault Fostering Community?

Rachel Russo I is the President of Vault Fostering Community.


Official website here: www.vaultfosteringcommunity.org

What is the revenue of Vault Fostering Community?

Vault Fostering Community's revenue in 2022 was $331,597.


Official website here: www.vaultfosteringcommunity.org

Who are the executives of Vault Fostering Community and what are their salaries?

The average compensation at Vault Fostering Community during 2022 was $63,550. There is 1 employee and 20 volunteers at Vault Fostering Community.


Here are 7 key members and their salaries:


Rachel Russo (President)
  • Compensation: $63,550
  • Related: $0
  • Other: $5,935
Andrew Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Harper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Newcom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vaultfosteringcommunity.org

Where can I find the form 990 for Vault Fostering Community?

Vault Fostering Community's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vaultfosteringcommunity.org

Learn more at the official website: www.vaultfosteringcommunity.org

Mission Statement of Vault Fostering Community

Vault Fostering Community, a nonprofit organization, is dedicated to equipping, supporting, and meeting the needs of foster families. This mission is accomplished by providing essential resources to over 120 foster families and over 180 foster children. The organization offers material support in the form of clothing, shoes, and supplies for the children, as well as lending necessary items to foster families, such as beds, cribs, car seats, strollers, baby baths, and changing tables. By providing these resources, Vault Fostering Community helps ensure that foster families have the tools they need to properly care for their foster children, making a significant impact on their daily lives.

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Impact




October, 2024

Vault Fostering Community significantly impacts the lives of foster families and children by equipping and supporting them with essential resources. In San Antonio, it serves over 120 foster families and assists more than 180 foster children by providing critical items such as clothing, shoes, and supplies. Additionally, it offers vital equipment necessary for the care of foster children, including beds, cribs, car seats, strollers, baby baths, and changing tables. This comprehensive support system not only meets immediate needs but also empowers foster families, enabling them to create a nurturing environment for children in their care. Through its efforts, Vault Fostering Community fosters stability and well-being within the foster care system.




This information is meant to be a general summary of Vault Fostering Community. 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
$331,597 (2022)
2018201920202022$0$85,000$170k$255k$340k
Expenses
$211,275 (2022)
2018201920202022$0$55,000$110k$165k$220k
Efficiency
20182019202020220%4%8%12%16%20%

Other financial information:

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

  • Investment Income: $7
  • Gross Receipts: $345,087

Assets and Liabilities:

  • Total Assets: $254,327
  • Total Liabilities: $1,416
  • Net Assets: $252,911

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Organization Details

Founding Year

2014

Principal Officer

Rachel Russo I

Main Address

16120 COLLEGE OAK, SAN ANTONIO, TX, 78249

NTEE Category

Code: P32 - Human services

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