Nonprofit · EIN 75-2446210
FOSTERS HOME FOUNDATION
Tax-exempt · STEPHENVILLE, TX 76401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $9,225,434 | $1,059,864 | $8,165,570 | $33,621,114 | $351,480 | $33,269,634 |
| August 31, 2024 | 990 | $4,103,867 | $1,045,404 | $3,058,463 | $24,144,686 | $360,712 | $23,783,974 |
| August 31, 2023 | 990 | $1,695,275 | $276,572 | $1,418,703 | $19,297,499 | $371,002 | $18,926,497 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $8,510,423
- Program service revenue
- $0
- Investment income
- $588,730
- Royalties
- $116,778
- Net rental income
- $9,503
- Other revenue
- $126,281
Expenses
- Grants and similar amounts paid
- $798,506
- Other salaries and wages
- $160,000
- Salaries, compensation and benefits (total)
- $160,000
- Professional fundraising fees
- $0
- Legal fees
- $2,915
- Accounting fees
- $26,838
- Occupancy
- $10,127
- Program services (functional)
- $798,506
- Management and general (functional)
- $261,358
Balance sheet and other
- Total assets, start of year
- $24,144,686
- Total assets, end of year
- $33,621,114
- Total liabilities, end of year
- $351,480
- Net assets, end of year
- $33,269,634
- Publicly traded securities
- $26,434,847
- Net assets without donor restrictions
- $33,025,952
- Net assets with donor restrictions
- $243,682
- Gross receipts
- $9,225,434
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- TX
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUG YOUNG | PRESIDENT/CEO Officer | 10 | $0 | $129,750 | $22,894 |
| MELANIE WARREN | SECRETARY Officer | 5 | $0 | $0 | $0 |
| MICHELLE RUDLOFF | TREASURER Officer | 5 | $0 | $0 | $0 |
| JEFF GILES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHIL UHRHAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HEATH HAMRICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE BLEVINS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLINTON NIX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN TERRILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUG YOUNG | PRESIDENT/CEO Officer | 10 | $0 | $124,667 | $23,184 |
| HEATH HAMRICK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF GILES | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIKE BLEVINS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHIL UHRHAN | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CLINTON NIX | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN TERRILL | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUG YOUNG | PRESIDENT Officer | 40 | $0 | $113,468 | $29,622 |
| PHIL UHRHAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE BLEVINS | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| CLINTON NIX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN TERRILL | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF GILES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HEATH HAMRICK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1779 N GRAHAM ST, STEPHENVILLE, TX 76401-2201
- In care of
- % GLENN NEWBERRY
- Principal officer (990 for 2024)
- DOUG YOUNG, 1779 N GRAHAM ST, STEPHENVILLE, TX 76401
- Signed the 990
- DOUG YOUNG, PRESIDENT/CEO
- Phone
- (254) 968-2143
- Website
- WWW.FOSTERSHOME.ORG
- Return prepared by
- PATTILLO BROWN & HILL LLP
Mission
TO PROVIDE FUNDING TO OPERATE THE SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN
Program accomplishments
- PROVIDE FUNDING TO THE SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN INC FOR OPERATIONSExpenses $788,866 · grants $788,866
- PROVIDE SCHOLARSHIPS TO INSTITUTIONS OF HIGHER LEARNING FOR RESIDENTS OF THE SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN INC.Expenses $9,640 · grants $9,640
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-2446210
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $33,621,114
- Income (IRS master file)
- $9,225,434
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $9,225,434 | $1,059,864 | $33,621,114 | XML |
| 990 | August 2024 | $4,103,867 | $1,045,404 | $24,144,686 | XML |
| 990 | August 2023 | $1,695,275 | $276,572 | $19,297,499 | XML |
| 990 | August 2022 | $4,136,098 | $580,867 | $17,919,510 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 75-2446210).
Questions about FOSTERS HOME FOUNDATION
- What is the EIN of FOSTERS HOME FOUNDATION?
- The employer identification number (EIN) of FOSTERS HOME FOUNDATION is 75-2446210.
- Is FOSTERS HOME FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to FOSTERS HOME FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FOSTERS HOME FOUNDATION 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 FOSTERS HOME FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOSTERS HOME FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of FOSTERS HOME FOUNDATION?
- The 990 for the year ended August 31, 2025 names DOUG YOUNG.
- Who are the officers and directors of FOSTERS HOME FOUNDATION?
- The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FOSTERS HOME FOUNDATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $9,225,434, expenses of $1,059,864 and total assets of $33,621,114 at year end.
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