2024-11-14T10:50:22-06:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-01-01 731349348 Fostering Futures Inc FOST 4053290035 PO Box 581 Norman OK 73070 Matt Reikowsky Chairman of the Board 4055795000 2024-11-14 1 1 Mayumi Stella P00970938 6122536500 2024-11-13 2023 2024-10-15 13:58:12Z Matt Reikowsky PO Box 581 Norman OK 73070 375936 0 X fosteringfuturesok.org X 1989 OK To raise funds for special projects for abused, neglected, or abandoned children in state custody through no fault of their own. 13 13 2 387 0 0 203155 348980 0 0 1026 2272 19471 11772 223652 363024 113441 205813 0 0 30000 47077 0 0 6410 34068 73348 177509 326238 46143 36786 262399 389288 99 90202 262300 299086 To provide financial and emotional support for children and their families who receive services from the Cleveland County Child Welfare System. 0 0 105569 105569 Provided Christmas gifts for abused, neglected, or abandoned children under state custody through no fault of their own. 151132 85436 Provided for the special medical, psychological, and emotional needs of these children throughout the year. 14808 14808 Luggage with Love provides a Bag with emergency clothing to children entering the foster care system or moving from one placement to another. 271509 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 2 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 OK X Tim Ferree 4053127755 PO Box 581 Norman OK 53070 X Matt Reikowski Board Chair 1.00 X X 0 0 0 Erin Burgess Vice Chair 1.00 X X 0 0 0 Miranda Hoos Secretary 1.00 X X 0 0 0 Jaci Williams Treasurer (Jan-May) 1.00 X X 0 0 0 Tim Ferree Board Member/Treasurer (Jun-Dec) 1.00 X X 0 0 0 Laura Brezinski Board Member (Jan-May) 0.50 X 0 0 0 Jordan Baker - Board Member (Jan-Oct)/Serv. Delivery Coordinator 0.50 X 4000 0 0 Shavonne Evans Board Member 0.50 X 0 0 0 Brent Barbour Board Member 0.50 X 0 0 0 Kathryn Frazier Board Member 0.50 X 0 0 0 Inger Giuffrida Board Member 0.50 X 0 0 0 Cindy Nashert Board Member 0.50 X 0 0 0 Misty Stanberry Board Member 0.50 X 0 0 0 Taylor Deason Board Member (Jan-May) 0.50 X 0 0 0 Chris Fourcade - Board Member (Jan-May)/Serv. Delivery Coordinator 0.50 X 2000 0 0 Mona Guziar Board Member 0.50 X 0 0 0 Deidra Peters Board Member (May-Dec) 0.50 X 0 0 0 Ashtyn Resar Board Member 0.50 X 0 0 0 Sue Durrett Executive Director 20.00 X 40006 0 0 46006 0 0 0 0 0 0 0 17856 68152 56018 206954 89698 348980 2272 2272 16115 68152 12266 3849 3849 8569 646 7923 7923 363024 0 0 14044 205813 205813 46006 36806 4600 4600 1071 857 107 107 14375 3112 10874 389 2586 1739 629 218 3768 2672 1096 7146 341 6805 24879 22391 2488 450 450 7256 7256 SBA Loan Expense 10835 10835 Storage 1527 1527 State Filing 526 526 326238 271509 48319 6410 1308 108 235855 269692 8350 0 15341 16619 45 1174 13246 451 0 12795 1500 88900 262399 389288 99 10202 0 80000 99 90202 X 252488 299086 9812 0 262300 299086 262399 389288 36786 0 X 0 1 X 0 0 X 161451 162897 207013 203155 348980 1083496 161451 162897 207013 203155 348980 1083496 95302 988194 329 687 583 1026 2272 4897 11925 4208 19471 11772 47376 1135769 0.87010 0.87740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11174 399 10775 2072 52 2020 12795 Gift Cards 6400 Security Deposit 2500 RIght of Use Asset 80000 88900 Operating Lease 80000 80000 X 375936 0 375936 -12912 -12912 363024 339150 12912 12912 326238 0 326238 Part X, Line 2: The Organization is a not-for-profit organization as described in section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes. Accordingly, no provision for income taxes has been included in the accompanying financial statements. The Organization is required to file annual informational returns with the Internal Revenue Service and Oklahoma Tax Commission. The informational returns are filed after completion of the annual audit. Tax returns for the years ending December 31, 2023, 2022 and 2021 are subject to review by taxing authorities. Part XI, Line 4b - Other Adjustments: Special event expenses -12,266. Raffle expense -646. Part XII, Line 2d - Other Adjustments: Speical event expenses 12,266. Raffle expense 646. Coaches Luncheon 77882 61767 16115 3150 7582 Pins for a Purpose 6385 6385 1534 84267 68152 16115 3150 9116 12266 3849 1 Secret Santa for abused children 875 9000 96569 FMV Gifts at Christmas Special needs items for abused children 878 29462 55974 FMV Beds, Car seats, Gifts Luggage with Love 254 0 14808 FMV Clothing Part I, Line 2: DHS Case workers email requests for assistance when it is needed. The requests are received and reviewed by the Executive Director and either approved or questions are sent and returned with updates. Approved requests are sent to the Service Delivery Chair for processing and fulfilling. The Treasurer team (Treasurer, Assistant Treasurer and Board Chair) are copied on the approval and fulfilled requests. Any individual request over $1,000 is taken to the full board for approval. All approved requests are reported in summary format at a monthly board meeting. X Secret Santa 3750 75000 Cost X Luggage with Love 7620 9000 Cost X Basic needs items 18 5698 Cost 0 0 0 0 Schedule M, Part I Line 25 - Secret Santa includes donations of toys, clothes, bikes, gift cards, etc. The organization estimates there were approximately 3,750 Secret Santa items donated. Line 26 - Luggage with Love includes donations of clothes, shoes, toys, blankets, night lights, coats/jackets, bathing suits, hygiene items, etc. The organization estimates there were approximately 7,620 Luggage with Love items donated. Line 27 - Basic Needs items includes donations of furniture, beds, etc. The organization estimates there were approximately 18 basic needs items donated. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b The Executive Director and the full Board is provided with a copy of the Form 990 prior to filing. Form 990, Part VI, Section B, line 15 The Executive Director's compensation amount is evaluated and adjusted annually by the Executive Committee. Form 990, Part VI, Section C, line 19 The organization's governing documents and financial statements are available upon request. Form 990, Part VII, Section A, Column D Chris Fourcade and Jordan Baker received compensation for their services as Service Delivery Coordinator during a portion of the year. They did not receive compensation for their services on the board.