Fostering Hope Florida Inc
Nonprofit profile at a glance
- EIN
- 141910661
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Clearwater, FL, USA
- Phone
- 7276885328
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $208,654
- Expenses
- $207,321
- Assets
- $91,677
- Liabilities
- $149,639
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- GLORIA A WEST-LAWSON (PRESIDENT/TR)
People named in this filing
- RAQUELLE HALE (BOARD MEMBER)
- PATRICIA HOLE (VICE PRESIDE)
- RICHARD NELSEN (BOARD MEMBER)
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
The mission of fostering hope Florida is to partner with the community in creating a compassionate system of foster care that honors and protects the rights of children.
What it reported doing in 2025
Fostering hope Florida, inc.'s approach to improve outcomes for at-risk youth in foster care is to create a system of community-support for foster families and children in foster care. This effort is being pursued through several initiatives: 1) providing community awareness to increase support base and to recruit new foster parents: reached over 1000 people with this campaign. 2) providing free services to children in foster care: served over 300 individuals annually (services include: mentoring, providing necessities: clothing, toiletries, distributing educational material, transportation, providing car seats, beds, toys). 3) operating 3 community supported group homes for children in foster care called hope houses: provided a home for 30 children
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 32
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 93.8%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.6%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 1.63; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -11.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 93.2% of revenue deployed · 93.8% of spending went to programs
- Governance: 8 of 8 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $194K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.