Nonprofit · EIN 73-1349348
FOSTERING FUTURES INC
Tax-exempt · NORMAN, OK 73070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $398,684 | $388,584 | $10,100 | $368,404 | $59,218 | $309,186 |
| December 31, 2023 | 990 | $363,024 | $326,238 | $36,786 | $389,288 | $90,202 | $299,086 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $400,916
- of which government grants
- $63,299
- Program service revenue
- $0
- Investment income
- $7,399
- Net income from fundraising events
- -$15,827
- Net income from gaming
- $6,196
- Other revenue
- -$9,631
Expenses
- Grants and similar amounts paid
- $219,671
- Compensation of officers, directors and key employees
- $47,507
- Other salaries and wages
- $29,276
- Salaries, compensation and benefits (total)
- $82,657
- Professional fundraising fees
- $0
- Accounting fees
- $17,299
- Occupancy
- $31,851
- Depreciation
- $1,803
- Program services (functional)
- $326,809
- Management and general (functional)
- $47,952
- Fundraising (functional)
- $13,823
Balance sheet and other
- Total assets, start of year
- $389,288
- Total assets, end of year
- $368,404
- Total liabilities, end of year
- $59,218
- Net assets, end of year
- $309,186
- Land, buildings and equipment
- $10,992
- Net assets without donor restrictions
- $309,186
- Gross receipts
- $420,109
- Employees
- 2
- Volunteers
- 689
- Year formed
- 1989
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sue Durrett | Executive Director Officer | 20 | $47,507 |
| Matt Reikowsky | Board Chair Trustee or director, Officer | 2 | $0 |
| Erin Burgess | Vice Chair (thru Feb) Trustee or director, Officer | 2 | $0 |
| Kat Roberts | Secretary (began Feb) Trustee or director, Officer | 2 | $0 |
| Tim Ferree | Treasurer Trustee or director, Officer | 2 | $0 |
| Deidra Peters Board Member | (Jan-Feb)/Vice Chair (began Feb) Trustee or director, Officer | 2 | $0 |
| Miranda Hoos Secretary Jan- | Feb)/Board Member (began Feb) Trustee or director, Officer | 2 | $0 |
| Shavonne Evans | Board Member Trustee or director | 2 | $0 |
| Brent Barbour | Board Member Trustee or director | 2 | $0 |
| Inger Giuffrida | Board Member Trustee or director | 2 | $0 |
| Cindy Nashert | Board Member Trustee or director | 2 | $0 |
| Misty Stanberry | Board Member Trustee or director | 2 | $0 |
| Mona Guziar | Board Member Trustee or director | 2 | $0 |
| Tara Casillas | Board Member (began Feb) Trustee or director | 2 | $0 |
| Cher Duncan | Board Member (began Feb) Trustee or director | 2 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronda McKown | Board Member (began Feb) Trustee or director | 2 | $0 |
| Christina Siemens | Board Member (began Feb) Trustee or director | 2 | $0 |
| Tina Wilson | Board Member (began Feb) Trustee or director | 2 | $0 |
| Tony Waggoner | Board Member Trustee or director | 2 | $0 |
| Jaci Williams | Board Member Trustee or director | 2 | $0 |
| Ashtyn Resar | Board Member (Thru Dec) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sue Durrett | Executive Director Officer | 20 | $40,006 |
| Jordan Baker - Board Member | (Jan-Oct)/Serv. Delivery Coordinator Trustee or director | 0.5 | $4,000 |
| Chris Fourcade - Board Member | (Jan-May)/Serv. Delivery Coordinator Trustee or director | 0.5 | $2,000 |
| Matt Reikowski | Board Chair Trustee or director, Officer | 1 | $0 |
| Erin Burgess | Vice Chair Trustee or director, Officer | 1 | $0 |
| Miranda Hoos | Secretary Trustee or director, Officer | 1 | $0 |
| Jaci Williams | Treasurer (Jan-May) Trustee or director, Officer | 1 | $0 |
| Tim Ferree | Board Member/Treasurer (Jun-Dec) Trustee or director, Officer | 1 | $0 |
| Laura Brezinski | Board Member (Jan-May) Trustee or director | 0.5 | $0 |
| Shavonne Evans | Board Member Trustee or director | 0.5 | $0 |
| Brent Barbour | Board Member Trustee or director | 0.5 | $0 |
| Kathryn Frazier | Board Member Trustee or director | 0.5 | $0 |
| Inger Giuffrida | Board Member Trustee or director | 0.5 | $0 |
| Cindy Nashert | Board Member Trustee or director | 0.5 | $0 |
| Misty Stanberry | Board Member Trustee or director | 0.5 | $0 |
| Taylor Deason | Board Member (Jan-May) Trustee or director | 0.5 | $0 |
| Mona Guziar | Board Member Trustee or director | 0.5 | $0 |
| Deidra Peters | Board Member (May-Dec) Trustee or director | 0.5 | $0 |
| Ashtyn Resar | Board Member Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 581, NORMAN, OK 73070-0581
- Principal officer (990 for 2024)
- Matt Reikowsky, PO Box 581, Norman, OK 73070
- Signed the 990
- Matt Reikowsky, Chairman of the Board
- Phone
- (405) 329-0035
- Website
- fosteringfuturesok.org
- Return prepared by
- Eide Bailly LLP
Mission
To provide financial and emotional support for children and their families who receive services from the Cleveland County Child Welfare System.
Program accomplishments
- Provided for the special medical, psychological, and emotional needs of these children throughout the yearExpenses $199,575 · grants $92,437
- Provided Christmas gifts for abused, neglected, or abandoned children under state custody through no fault of their own.Expenses $111,312 · grants $111,312
- Luggage with Love provides a bag with emergency clothing to children entering the foster care system or moving from one placement to another.Expenses $15,922 · grants $15,922
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1349348
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $368,404
- Income (IRS master file)
- $420,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $398,684 | $388,584 | $368,404 | XML |
| 990 | December 2023 | $363,024 | $326,238 | $389,288 | XML |
| 990 | December 2022 | $223,652 | $177,509 | $262,399 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1349348).
Questions about FOSTERING FUTURES INC
- What is the EIN of FOSTERING FUTURES INC?
- The employer identification number (EIN) of FOSTERING FUTURES INC is 73-1349348.
- Is FOSTERING FUTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to FOSTERING FUTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOSTERING FUTURES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOSTERING FUTURES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOSTERING FUTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FOSTERING FUTURES INC?
- The 990 for the year ended December 31, 2024 names Matt Reikowsky.
- Who are the officers and directors of FOSTERING FUTURES INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $47,507 (Sue Durrett, Executive Director).
- How much revenue does FOSTERING FUTURES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $398,684, expenses of $388,584 and total assets of $368,404 at year end.
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