Family Room Foster Care Resource Center

Nonprofit profile at a glance

EIN
833448564
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2021, Form 990-N 2020
Location
Greensboro, NC, USA
Phone
3369000878
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$1,525,828
Expenses
$1,044,627
Assets
$1,280,117
Liabilities
$67,750

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CARRIE THOMPSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CARRIE THOMPSON (EXECUTIVE DIRECTOR): $61,150 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our goal is to live out our mission of providing love, encouragement and support to families who foster and the children in their care by ensuring that every child that comes into care has their basic needs met as quickly as possible, including but not limited to clothing, books, toys and room furniture. Ensuring that children in care have the opportunities for growth and development afforded to them that they need and deserve. Ensuring that no family who fosters ever says no to a placement call because they do not have the resources to provide the children with what they need. Ensuring that families who foster know of all resources available to them to support the children in their care and have access to those resources. Removing barriers to fostering by partnering with families to provide the children in their care with what they need and deserve and the resources they need to care for those children.

What it reported doing in 2025

We provide love, encouragement, and support to foster families and the children in their care by ensuring that every child entering foster care has their basic needs met as quickly as possible through the provision of clothing, books, toys, and bedroom furniture.we strive to ensure that foster families can say "yes" to a placement call at any time of the day or night by providing the resources needed to care for children placed in their homes. We also connect foster families with available community resources and work to ensure they have access to the support they need.we help keep siblings together by providing state-required, age-appropriate beds and dressers, enabling them to be placed in the same foster home whenever possible. In addition, we educate, advocate, and help dispel myths and misinformation within the community regarding foster care and the importance of community support.we partner with foster care licensing agencies and other community organizations to expand resources and provide ongoing support to foster families and the children in their care.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 94
  • Accountability: 74
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58%; rating input score 58
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: $21.82 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 31.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 53.5% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 48.8% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 45.2% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 58% of revenue deployed · 84.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $885K in reported program spending
  • Leadership: top reported pay $61K · 7 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.