The Foster Alliance

What it reported doing in 2024

The foster alliance (tfa) is the largest provider of essential items for the foster community throughout Arizona and New Mexico. In fy25 we provided over 8,400 children with a bed or crib, clothing, diapers and more. Included in this number, are 2,426 children who received backpacks filled with school supplies, 3,765 who received a personalized birthday dream package of gifts, and over 3,000 children we helped celebrate the holidays. We acknowledge that our reach is dependent on our team of over 1,700 dedicated volunteers donating over 13,000 volunteer hours. Tfa is grateful for its standing partnerships with the navajo nation, gila river indian community, and the Arizona department of child safety through signed memorandums of understanding and our collaborative partnership with key leaders within the New Mexico child, youth, & family department as well as many other community partners. In august of 2024, we combined services with New Mexico friends of foster children, which allowed us to serve even more children throughout New Mexico. This business combination has resulted in not only more families being served but an increased community engagement as more and more individuals and groups desired to volunteer. We continue to be committed to meeting and exceeding the needs of foster children in Arizona and New Mexico.

Financial Efficiency

• Mission deployment rate: 80.4%; rating input score 80
• Program expense ratio: 77.3%; rating input score 77
• Fundraising efficiency: $8.39 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.7%; rating input score 99; 36th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -2%; rating input score 27; 27th percentile among comparable filings
• Total-asset coverage ratio: 1.95; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
• Officer compensation ratio: 9.1%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 5.6% per year; rating input score 100; 43rd percentile among comparable filings
• Revenue growth: 9.7% per year; rating input score 100; 67th percentile among comparable filings
• Asset growth: 17.6% per year; rating input score 100; 80th percentile among comparable filings