Fostering a Change

Nonprofit profile at a glance

EIN
463910466
IRS 990-EZ coverage
2014–2016
Forms available
Form 990-EZ 2016
Location
Encino, CA, USA
Phone
9495728413
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Official website

Reported finances

Revenue
$147,891
Expenses
$59,621
Assets
$102,625

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Herlinda Chico (President)

People named in this filing

  • Herlinda Chico (President)
  • Haitham Hassan (Treasurer)
  • Dana Walden (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-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fostering a Change engages a caring community to help transitioning foster youth achieve self-sufficiency and well-being. We envision a future in which all youth leaving the foster care system have a home as well as a community of caring adults waiting for them after age 18. We believe consistent, long-term help from the heart is the foundation for the success of our youth so that they can thrive and enjoy productive, satisfying lives long after they leave the foster care system.

What it reported doing in 2016

Residents' rent/utilities/food are subsidized. All other program services- educational advisement, life skills training, mentoring and life coaching is provided on a volunteer basis.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 100
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 88.8%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 59.7%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 1.72; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 13.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: -11.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 41.4% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 120.4% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 88.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2014 to 2016
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.