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Foster Source

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812922749 ✦ Thornton, CO ✦ Designated as a 501(c)(3)

Overview

What is Foster Source?

Foster Source is a nonprofit organization situated in Thornton, Colorado, with a headquarter address at 3879 EAST 120TH AVENUE 218. Their primary focus is to support foster parents and provide them with the necessary resources and training to care for vulnerable children. In the past year, they distributed a substantial number of diapers, gift cards, weighted items, mattresses, bunk beds, car seats, and various other essentials. Additionally, they hosted numerous training sessions and support groups for foster parents, serving over 2500 individuals online. They also sponsored therapy sessions for 2087 foster parents and children, and 51 participants attended their equine-assisted parenting practice lab. Foster Source operates with a trauma-informed approach, aiming to equip foster parents with the skills and confidence required to promote healing in the children they care for. The organization has a team of four dedicated individuals working towards this mission.


Official website here: www.fostersource.org/

Is Foster Source legitimate?

Foster Source is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foster Source submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $49,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,093

For more financial information, click here


Official website here: www.fostersource.org/

What is the mission statement of Foster Source?

Foster Source's mission is centered around providing relevant training, resources, and support to foster parents from a trauma-informed approach. This approach aims to equip foster parents with necessary skills and boost their confidence, enabling them to foster healing in vulnerable children. The organization distributes essential items, such as diapers, gift cards, and mattresses, and hosts free training and support groups for foster parents. Additionally, Foster Source offers virtual therapy sessions and sponsors therapy sessions for foster caregivers, serving over 4,000 foster parents and children in a year.


Official website here: www.fostersource.org/

Who is the CEO of Foster Source?

Renee Bernhard is the Executive Di of Foster Source.


Official website here: www.fostersource.org/

What is the revenue of Foster Source?

Foster Source's revenue in 2022 was $880,079.


Official website here: www.fostersource.org/

Who are the executives of Foster Source and what are their salaries?

The average compensation at Foster Source during 2022 was $35,982. There are 4 employees and 41 volunteers at Foster Source.

Here are 7 key members and their salaries:

    Renee Bernhard (Executive Di) [Trustee/Director]
  • Compensation: $49,833
  • Related: $0
  • Other: $0

    • Rebecca Allen (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Avila (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Bernhard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrienne Parrot (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kriss Porco (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Wolf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fostersource.org/

    Where can I find the form 990 for Foster Source?

    The Foster Source’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fostersource.org/

    Learn more at the official website: www.fostersource.org/

    Mission Statement of Foster Source

    Foster Source, a nonprofit organization, is committed to providing relevant training, resources, and support to foster parents from a trauma-informed approach. Their mission is to equip foster parents with the necessary skills and confidence to foster healing in vulnerable children. Through their initiatives, they aim to provide a comprehensive support system that addresses the unique needs of these children, empowering foster parents to make a significant impact in their lives.

    In pursuit of this mission, Foster Source has distributed various essential items such as diapers, wipe boxes, gift cards, weighted items, mattresses, bunk beds, car seats, and more. They have also hosted free trainings and support groups for foster and kinship parents, offering childcare services to facilitate their participation. Furthermore, Foster Source has provided virtual therapy sessions to additional foster parents and sponsored a substantial number of therapy sessions for foster and kinship caregivers.

    In addition to these tangible support services, Foster Source has also organized specialized programs. For instance, they have sponsored the Champs Colorado pilot program in several Colorado counties, and they have offered an equine-assisted parenting practice lab, known as Leader of the Herd, to foster and kinship parents. These initiatives aim to provide holistic support to foster parents, enabling them to provide the best possible care to the children in their care.

    Impact

    This information is meant to be a general summary of Foster Source. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Foster Source's impact can be seen in the tangible support and resources it provides to foster parents and vulnerable children. The organization distributed a wide range of items such as diapers, wipes, mattresses, bunk beds, car seats, and more, totaling over 3,000 items. Additionally, they offered free trainings and support groups for foster and kinship parents, benefiting over 2,500 individuals both in person and online. Foster Source also sponsored therapy sessions for caregivers, organized equine-assisted parenting practice labs, and piloted programs like CHAMPS Colorado in multiple counties. Overall, in a single year, Foster Source served over 4,000 foster parents and children, embodying its mission to empower caregivers with the skills and confidence needed to support healing in vulnerable youth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $880,079

    • Assets and Liabilities:
  • Total Assets: $317,799
  • Total Liabilities: $58,121
  • Net Assets: $259,678
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Renee Bernhard

    Main Address

    3879 EAST 120TH AVENUE 218, THORNTON, CO, 80233

    NTEE Category

    Code: P30 - Human services

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