Overview
What is East Texas Orphan Care Network Inc?
East Texas Orphan Care Network Inc, operating under the name The Fostering Collective, is a nonprofit organization dedicated to supporting christ-centered families in East Texas. Their primary mission is to recruit and guide these families to provide care for children in foster homes. Their activities encompass hosting parent and family support events, aiming to provide a network of support for those endeavoring to make a difference in the lives of foster children.
Official website here: www.thefosteringcollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The East Texas Orphan Care Network Inc, operating as The Fostering Collective, has achieved an 80% score, which translates to a Three-Star rating. This rating is solely based on their Accountability & Finance score, showcasing a strong commitment to maintaining financial integrity. The organization boasts a fully independent board and has met various financial reporting standards, indicating a solid foundation in governance.
Strengths of the organization include its 100% independent board members and a high program expense ratio of 66.84%, suggesting that a significant portion of its budget is directed towards programs rather than administrative costs. Furthermore, the absence of any material diversion of assets highlights its financial stability and ethical management.
However, there are notable limitations, particularly regarding governance policies. The organization lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are crucial for transparency and accountability. Additionally, the tax form is not posted on their website, which could limit public access to important financial information. Overall, while The Fostering Collective shows strong potential in financial management, it could benefit from enhancing its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is East Texas Orphan Care Network Inc legitimate?
East Texas Orphan Care Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Texas Orphan Care Network Inc 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: $126,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,379
For more financial information, click here
Official website here: www.thefosteringcollective.org
What is the mission statement of East Texas Orphan Care Network Inc?
The East Texas Orphan Care Network Inc, operating under the name The Fostering Collective, is dedicated to a mission aimed at recruiting and guiding Christ-centered families in East Texas to assist children in foster care. Their primary objective is to shepherd these families, providing them with the necessary support. The organization hosts parent and family events to foster a sense of community and collaboration in their endeavors to help children in need.
Official website here: www.thefosteringcollective.org
Who is the CEO of East Texas Orphan Care Network Inc?
Justin Hayes is the Executive Dir. of East Texas Orphan Care Network Inc.
Official website here: www.thefosteringcollective.org
What is the revenue of East Texas Orphan Care Network Inc?
East Texas Orphan Care Network Inc's revenue in 2022 was $970,368.
Official website here: www.thefosteringcollective.org
Who are the executives of East Texas Orphan Care Network Inc and what are their salaries?
The average compensation at East Texas Orphan Care Network Inc during 2022 was $31,500. There are 8 employees and 80 volunteers at East Texas Orphan Care Network Inc.
Here are 12 key members and their salaries:
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Official website here: www.thefosteringcollective.org
Where can I find the form 990 for East Texas Orphan Care Network Inc?
East Texas Orphan Care Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefosteringcollective.org
Learn more at the official website: www.thefosteringcollective.org
Mission Statement of East Texas Orphan Care Network Inc
East Texas Orphan Care Network Inc, operating under the name The Fostering Collective, has a mission to recruit and guide Christ-centered families in East Texas, with the primary aim of offering support to children in foster care. This nonprofit organization is committed to shepherding these families, providing them with the necessary guidance and resources to make a positive impact in the lives of these vulnerable children. By fostering a Christ-centered environment, East Texas Orphan Care Network Inc Dba The Fostering Collective aims to create a supportive network that can help these children navigate through their foster care journey with care and compassion. The organization also hosts parent and family support events, further strengthening the network and ensuring a holistic approach to supporting these children and their families.
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Impact
July, 2024
The impact of East Texas Orphan Care Network Inc Dba The Fostering Collective is focused on recruiting and supporting Christ-centered families in East Texas to provide care for children in foster care. Their mission is to shepherd these families and facilitate events that offer support to parents and families. Through their efforts, they are actively addressing the needs of children in the foster care system by providing them with stable and nurturing environments.
This information is meant to be a general summary of East Texas Orphan Care Network Inc. 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: $57
- Gross Receipts: $984,298
Assets and Liabilities:
- Total Assets: $1,106,063
- Total Liabilities: $342,580
- Net Assets: $763,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
TRAINING FEES
Organization Details
Founding Year
2018
Phone
(903) 372-4547Principal Officer
Justin Hayes
Main Address
PO BOX 133063, TYLER, TX, 75701
NTEE Category
Code: P40 - Human services
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