Finally Home Foundation

Nonprofit profile at a glance

EIN
262687095
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-EZ 2010
Location
Windsor, CO, USA
Phone
9708893536
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education
Affiliation
Christianity

Reported finances

Revenue
$766,222
Expenses
$851,068
Assets
$268,626
Liabilities
$4,220

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Mark Vandruff (President)

People named in this filing

  • Mark Vandruff (President)
  • Kari Stewart (Treasurer)
  • Roxanne Fry (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Finally Home equips and serves individuals, churches and organizations in order to strengthen foster, adoptive, and kinship families with training, resources and support. The program builds community and draws people to the local church, creating opportunities to make substantial impacts in the lives of countless families.

What it reported doing in 2025

Brought our Survival Skills for Healthy Families in-person training to caregivers in Belize. Provided 111 Toolkits for BIG Emotions across the U.S. and in Paraguay. Added a 4th online course (Healthy Adult Relationships in Foster, Adoptive, and Kinship Families) to our online, on-demand offering that families can access 24/7. Supported 42 families with mental health scholarships totaling $92,480. Ministered to 84 middle and high school (including 15 incarcerated youth), created three new interactive mentoring workbooks, and partnered with a dedicated Solid Rock Students leader. Launched our first Ranch Respite Retreat for foster, adoptive, and kinship couples. Held our first SuperHero Academy Cheer and Dance Camp for foster, adoptive, and kinship children. Purchased majority ownership of Family Wellness Associates, LLC. This acquisition directly supports Finally Home's mission, as Family Wellness curriculum has been its core, research-based program since Finally Home's founding in 2008. Ownership of all Family Wellness rights, content, and products allows Finally Home to expand and scale its mission using this well-established curriculum. Family Wellness Associates, LLC remains a separate legal entity and an asset of Finally Home.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 94
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $17.78 raised per $1 spent on fundraising; rating input score 52; 52nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.1%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 19.1% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 94.5% of revenue deployed · 85% of spending went to programs
  • Governance: 0 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $723K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.