West Florida Foster Care Services
Nonprofit profile at a glance
- EIN
- 208459746
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Tampa, FL, USA
- Phone
- 8135576063
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $497,205
- Expenses
- $446,525
- Assets
- $94,574
- Liabilities
- $8,070
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Janet Rinaldi (Executive Director)
Highest reported compensation
- Janet Rinaldi (Executive Director): $64,846 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Faith based organization providing foster care recruitment, training, licensing, and support to its foster parents and families throughout Hillsborough County and the surrounding areas.
What it reported doing in 2024
WFFCS licensed 15 new Level II foster homes in Hillsborough County. We have a current retention rate of 97%. At this time, 66% of our homes can and do accommodate sibling groups to ensure they remain together, as well as reunifying separated sibling groups in their home. Currently 25% of our homes accommodate teenagers. WFFCS continually works to expand family profiles to remove barriers and support our families in the current community need. WFFCS has two Empty Closet locations to serve foster families across Tampa Bay. Each closet is open one day each week, as well as one Saturday per month. Empty Closets are stocked with formula, diapers, clothing, shoes, baby & toddler gear, personal hygiene items, and more. Families are welcome to shop weekly as they have a need. Each Empty Closet location serves over 650/month. WFFCS has a food pantry specifically for foster families to utilize. Families are able to access the food pantry one time each week, as well as one Saturday per month. WFFCS serves over 150 families each week at our food pantry, giving out on average over 10,000 pounds of food. WFFCS partners with the Tampa Bay Diaper Bank to provide diapers to foster families in Hillsborough County. During 2025, WFFCS gave out over 107,000 diapers to foster families.
Operating model
- Revenue model
- Other-operating. 77% 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. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 38
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.9%; rating input score 71
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: $8.35 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
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: 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.2%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 14.5%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 4.6% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: -15% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 70.9% of revenue deployed · 79% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $353K in reported program spending
- Leadership: top reported pay $65K · 5 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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: Fundraising efficiency scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.