The New Foster Care

Nonprofit profile at a glance

EIN
814793580
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Bloomfield Hills, MI, USA
Phone
2488847645
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services
Affiliation
Christianity

Reported finances

Revenue
$4,350,978
Expenses
$1,725,093
Assets
$9,508,103
Liabilities
$139,049

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

Leadership & pay

4 people listed

Executive titles in this filing

  • CHRIS YATOOMA (PRESIDENT)

People named in this filing

  • CHRIS YATOOMA (PRESIDENT)
  • LIZA MUNRO (SECRETARY)
  • BRIAN CALLEY (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The new foster care will show the love of jesus christ by making a measurable, meaningful, and transformative change in the Michigan foster care system and in the lives of those who have experienced foster care by: 1) providing direct service programs and devolping models to fill gaps in the system that can be used as best practices throughout Michigan. 2) partnering with the state and local agencies to develop, fund, and implement innovative pilot programs; 3) researching and advancing policy and legislative action to reform the foster care system.

What it reported doing in 2024

The bridge program provides community team bundled services in wayne, oakland, and macomb counties to residents aged 14-29 years old in foster care, who have aged out of foster care, or who have experienced failed permanency plans. Referrals can be made by self-referral or community/agency. Services are delivered using the research supported transition to independence process model. This model allows for a multidisciplinary team working in conjunction and within the community. Team members include a licensed therapist, transition navigator to function as a case manager, a peer support specialist with lived foster care experience, and a legal specialist.the objectives of the services include a) engaging clients in their own futures planning process; b) providing them with developmentally-appropriate, non-stigmatizing, culturally-competent, trauma-informed, and appealing services and supports; c) involving the young people, and as relevant, their families (of origin or foster) and other informal key players, in a process that prepares and facilitates their movement toward greater self-sufficiency in the areas of education, employment & career, housing, ties to the community, and physical and mental health.99 unique and eligble clients engaged in services. There were 1,837 in-person visits conducted with clients serviced, totaling 2,622 hours of direct client contact. 100% of the bridge workforce has been trained on the transition to independence process model. Five participants graduated from bridge program services and have joined the alumni network.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 87% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 91
  • Accountability: 100
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.5%; rating input score 41
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: $7,854.97 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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: 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: 60.4%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 5.51; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 28.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 22.2% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 24.6% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 41.5% of revenue deployed · 90.7% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.6M in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.