Overview
What is Family Builders Foster Care Inc?
Family Builders Foster Care Inc is a dedicated nonprofit organization, headquartered unspecified, whose primary focus is to facilitate the placement of foster homes for children ranging from infancy to 21 years old. They are committed to serving as a foster family agency, providing essential training, professional support, and comprehensive care management services to ensure the well-being of these children. Their mission is to operate effectively in this role, offering a supportive environment for both the children and the foster families involved.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Family Builders Foster Care Inc has received a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a commendable score of 92% in these areas, indicating a high level of transparency and effective financial management. The rating is based solely on its accountability and finance metrics, which highlights the organization's commitment to maintaining rigorous standards.
One of the key strengths of Family Builders is its fully independent board, which ensures unbiased governance and oversight—scoring 8 out of 8 points in this category. The organization also excels in financial practices, as evidenced by its perfect audit score and a low liabilities-to-assets ratio of 29.91%. This suggests that Family Builders maintains a solid financial foundation, which is crucial for long-term sustainability.
Additionally, Family Builders has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, scoring full marks in these areas. These practices not only enhance accountability but also foster trust among donors and stakeholders. Overall, the organization's high rating reflects its dedication to responsible stewardship of resources, although specific programmatic outcomes or impact assessments are not detailed in the available data.
This AI summary has been generated from information found on Charity Navigator.
Is Family Builders Foster Care Inc legitimate?
Family Builders Foster Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Builders Foster Care 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: $114,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $410,774
For more financial information, click here
What is the mission statement of Family Builders Foster Care Inc?
Family Builders Foster Care Inc, as a foster family agency, is committed to locating suitable foster homes, facilitating placements, and offering training, professional support, and care management services for children ranging from birth to the age of 21. Their primary mission is to operate effectively as a foster family agency, aiming to provide the best possible care and support for these vulnerable children.
What is the revenue of Family Builders Foster Care Inc?
Family Builders Foster Care Inc's revenue in 2024 was $1,608,147.
Who are the executives of Family Builders Foster Care Inc and what are their salaries?
The average compensation at Family Builders Foster Care Inc during 2024 was $26,240. There are 20 employees at Family Builders Foster Care Inc.
Here are 8 key members and their salaries:
- Compensation: $58,011
- Related: $0
- Other: $0
- Compensation: $56,010
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Family Builders Foster Care Inc?
Family Builders Foster Care Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Family Builders Foster Care Inc
Family Builders Foster Care Inc, as a foster family agency, is committed to locating suitable foster homes, facilitating placements, and providing comprehensive support and care management services for children ranging from birth to 21 years old. Their primary mission is to operate effectively in this role, ensuring the well-being and development of these young ones. They offer training and professional assistance to foster parents, ensuring they are equipped to provide a nurturing environment for the children in their care. Family Builders Foster Care Inc's role extends beyond placement, as they also offer ongoing support and care management services to ensure the best possible outcomes for the children they serve.
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Impact
July, 2024
Family Builders Foster Care Inc's impact is evident in the lives of vulnerable children from birth to age 21 who are provided with placement, training, and support services. By locating foster homes and offering professional care management, this organization plays a crucial role in improving the well-being and future prospects of these children in need. Their mission to operate as a foster family agency underscores their dedication to supporting and nurturing disadvantaged youth.
This information is meant to be a general summary of Family Builders Foster Care 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 2024.
- Gross Receipts: $1,608,147
Assets and Liabilities:
- Total Assets: $299,634
- Total Liabilities: $95,478
- Net Assets: $204,156
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Organization Details
Founding Year
2002
Principal Officer
Randy Romero
NTEE Category
Code: P32 - Human services
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