Fostering Love Inc

Nonprofit profile at a glance

EIN
661011670
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
St Thomas, VI, USA
Phone
5408409858
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$5,987
Expenses
$12,619
Assets
$8,039
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Darian Torrice (President)

People named in this filing

  • Darian Torrice (President)
  • John Hairston (Secretary)
  • Chaka Edwards (Treasurer)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fostering Love is dedicated to providing essential support to vulnerable members of our community on St. Thomas by distributing free donated goods to children in foster care families in need, homeless shelters and individuals in crisis.

What it reported doing in 2025

Fostering Love Inc is a nonprofit organization based in St Thomas, US Virgin Islands, that collects, organizes, and redistributes donated items to individuals and families in need. The organization provides clothing, household goods, hygiene products, baby items, school supplies, and other essential resources to underserved community members at no cost. The organization also works to reduce waste within the community by facilitating the reuse and redistribution of usable donated goods that might otherwise be discarded. During the year, Fostering Love, Inc. coordinated donation drives, accepted community donations, organized inventory, and distributed essential items directly to families and individuals experiencing financial hardship.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -110.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.