Foundations for Home & Community Inc

Nonprofit profile at a glance

EIN
311701722
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Portsmouth, VA, USA
Phone
7573937200
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Foster Care

Reported finances

Revenue
$4,538,075
Expenses
$4,021,785
Assets
$20,790,156
Liabilities
$739,258

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LATOYA WRIGHT-BONAPARTE (PRESIDENT/CHAIRMAN)
  • ROSE BRUZZO (CEO)

People named in this filing

  • LATOYA WRIGHT-BONAPARTE (PRESIDENT/CHAIRMAN)
  • CHRISTOPER ACHUENU (BOARD MEMBER)
  • JULIA O'BRIEN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide therapeutic foster care, case management, behavioral health and educational services to at-risk children in the Maryland and Washington dc areas. Foundations aims to strengthen and preserve kinship ties with the family or origin; and works toward successful family reunification or other long-term family living arrangements in order to promote the permanency and well-being of youth as they transition to independence and adulthood.

What it reported doing in 2024

Foundations for home and community provide strengths-based, child centered, and trauma-informed foster care services. During fiscal year 2024, the organization had approximately 18,147 tfc visits. Quality case management services include foster-parent coaching guidance and training, school advocacy, respite care, after-care planning, and coordination of needed treatment services to meet therapeutic treatment plan and permanency goals. Such services are provided in the homes of trained treatment families with support, supervision, and 24-hour crisis intervention from clinically trained professionals. Foundations provides on-going competency -based training to therapeutic foster families in order to help them effectively address the severe psychological, emotional, social and educational needs of children and youth placed in their homes, as well as to value, understand and effectively address the issues of cultural diversity.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 75
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.5%; rating input score 90
  • Program expense ratio: 79.8%; rating input score 80
  • Fundraising efficiency: Limited

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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.4%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 5.17; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: -11% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -14.2% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 89.5% of revenue deployed · 79.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $3.2M in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 16 filing years from 2009 to 2024
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.