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Foster Love Incorporation

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

EIN: 851321331 ✦ Ralston, NE ✦ Designated as a 501(c)(3)

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Overview

What is Foster Love Incorporation?

Foster Love Incorporation is a nonprofit organization based in Ralston, Nebraska, with a single employee. Their primary mission is to support children in foster care, aiming to boost their confidence and self-worth by offering them the opportunity to shop for free, showcasing the latest fashion trends. This initiative not only empowers the children but also aims to support the foster families by providing them with essential resources. The organization conducts Foster Love Boutique Shopping Days, which are typically held twice a month.


Official website here: www.fosterlove402.org

Is Foster Love Incorporation legitimate?

Foster Love Incorporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foster Love Incorporation 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: $7,200
Professional Fundraising Fees: $4,419
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fosterlove402.org

What is the mission statement of Foster Love Incorporation?

Foster Love Incorporation's mission is centered around supporting children in foster care and the families who care for them. The organization aims to provide essential needs and opportunities, striving to make these children feel confident, empowered, and valued. By offering shopping days at Foster Love Boutique, they allow children to choose the latest trends at no cost, enhancing their self-esteem and confidence. Furthermore, Foster Love Incorporation offers support to the foster families, ensuring they feel adequately equipped to care for these children.


Official website here: www.fosterlove402.org

Who is the CEO of Foster Love Incorporation?

Amber Richardson is the Executive Director of Foster Love Incorporation.


Official website here: www.fosterlove402.org

What is the revenue of Foster Love Incorporation?

Foster Love Incorporation's revenue in 2022 was $209,937.


Official website here: www.fosterlove402.org

Who are the executives of Foster Love Incorporation and what are their salaries?

The average compensation at Foster Love Incorporation during 2022 was $7,200. There is 1 employee and 100 volunteers at Foster Love Incorporation.


There is 1 key member and their salary:


Amber Richardson (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fosterlove402.org

Where can I find the form 990 for Foster Love Incorporation?

Foster Love Incorporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fosterlove402.org

Learn more at the official website: www.fosterlove402.org

Mission Statement of Foster Love Incorporation

Foster Love Incorporation's mission is centered around providing essential needs and opportunities for children in foster care. The organization aims to instill confidence and empowerment in these children while also ensuring that their foster families feel supported. This is primarily achieved through Foster Love Boutique Shopping Days, which are held twice a month. During these events, children are given the opportunity to shop for the latest trends at no cost, helping them feel valued and confident. This approach to supporting children in foster care and their families is a testament to Foster Love Incorporation's commitment to making a positive impact in their lives.

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Impact




October, 2024

Foster Love Incorporation significantly impacts the lives of children in foster care and their families by addressing essential needs and providing empowering opportunities. Through initiatives like Foster Love Boutique Shopping Days, the organization ensures that children can select clothing and accessories that reflect the latest trends, fostering a sense of confidence and self-worth. By offering these shopping experiences free of charge, they help children feel valued and supported, enhancing their overall well-being.

Additionally, Foster Love Incorporation creates a supportive environment for foster families, recognizing the challenges they face and providing resources to help them navigate their journeys. This dual focus on both children and families strengthens the foster care community in Ralston, NE, promoting resilience and positive experiences for all involved. Overall, the organization plays a crucial role in uplifting vulnerable children and their caregivers, fostering a sense of belonging and empowerment.




This information is meant to be a general summary of Foster Love Incorporation. 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
$209,937 (2022)
Expenses
$103,505 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Gross Receipts: $209,937

Assets and Liabilities:

  • Total Assets: $162,149
  • Total Liabilities: $9,823
  • Net Assets: $152,326

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Organization Details

Founding Year

2020

Principal Officer

Amber Richardson

Main Address

7595 Main Street, RALSTON, NE, 68127

NTEE Category

Code: P32 - Human services

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