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Nonprofit · EIN 81-4698009

FOSTERING ACADIA

Tax-exempt · RICHMOND, VA 23230

Financials

$5.4M$5.5M2022$6M$5.9M2023$8.4M$8.3M2024
Revenue Expenses · by fiscal year end
Financials of FOSTERING ACADIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,424,766$8,267,774$156,992$2,269,207$462,349$1,806,858
June 30, 2024990$5,975,666$5,866,269$109,397$2,181,927$532,061$1,649,866
June 30, 2023990$5,405,233$5,460,629-$55,396$1,978,385$437,916$1,540,469
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,423,867
of which government grants
$8,352,447
Program service revenue
$0
Investment income
$899
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,826,222
Compensation of officers, directors and key employees
$474,526
Other salaries and wages
$1,730,635
Salaries, compensation and benefits (total)
$2,803,140
Professional fundraising fees
$0
Accounting fees
$51,574
Occupancy
$20,240
Travel
$4,368
Depreciation
$64,109
Program services (functional)
$6,941,721
Management and general (functional)
$1,326,053

Balance sheet and other

Total assets, start of year
$2,181,927
Total assets, end of year
$2,269,207
Total liabilities, end of year
$462,349
Net assets, end of year
$1,806,858
Land, buildings and equipment
$790,189
Net assets without donor restrictions
$1,806,858
Gross receipts
$8,424,766
Employees
36
Year formed
2016
State of legal domicile
VA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jason BrownPresident & CEO
Trustee or director, Officer
40$158,712
Talia BrownExecutive Dir.
Trustee or director, Officer
40$121,160
Rebekah BrownDirector
Trustee or director, Officer
40$104,192
Stuart HiersTreasurer
Trustee or director, Officer
40$90,462
Crystal EllisDirector
Trustee or director
0$0
Gideon JavnaDirector
Trustee or director
0$0
Anna DunkumChairman
Trustee or director
40$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
Jason BrownPres, Treasurer
Trustee or director, Officer
40$149,090$50,282
Rebekah BrownEvents Director40$113,013$48,534
Talia BrownSecretary
Trustee or director, Officer
40$108,835$0
Whitney CampbellDirector
Trustee or director
0$0$0
Ashleigh BrunsinkDirector
Trustee or director
0$0$0
Holly RenesDirector
Trustee or director
0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
Jason BrownPres, Treasurer
Trustee or director, Officer
40$147,740$38,586
Talia BrownSecretary
Trustee or director, Officer
40$94,197$13,614
Whitney CampbellDirector
Trustee or director
0$0$0
Ashleigh BrunsinkDirector
Trustee or director
0$0$0
Holly RenesDirector
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
3920 WEST BROAD STREET, RICHMOND, VA 23230-3913
In care of
% JASON BROWN
Mailing address (990-N for 2017)
5402 GLENSIDE DR STE D, RICHMOND VA 232283994
Principal officer (990-N for 2017)
Jason Brown, 8528 Spalding Drive, Henrico VA 23229
Signed the 990
Jason Brown, Pres, Treasurer
Phone
(804) 298-5074
Return prepared by
Ragland & Associates LLC

Mission

To produce better outcomes for youth aging out of the foster care system by providing an apartment-style program to assist youth with daily living skills, employment, and educational support.

990 for the year ended June 30, 2025

Program accomplishments

  • Fostering Acadia's mission is to foster hope, change, and futures of youth seeking an independent living arrangement. Fostering Acadia is an independent living arrangement serving youth ages 17-21. It is an apartment-style program that assists youth with daily living skills, employment, and education support. Using case management logs, monthly and quarterly reports, and Individual Service Plans (ISP's), Fostering Acadia implements service goals and objectives for each youth. Fostering Acadia has developed its own standard of completion which measures the most important factors in determining success in adulthood. This includes employment, education, transportation, finances, and permanency. During the tax year, Fostering Acadia served 108 youth, over an average stay of 311 days. During this year, 89$ of youth secured employment, 84% of youth stayed within their established budgets, and 14 youth graduated from high school. During this time, 92% of the enrolled youth increased their independent living skills. Progress in these areas was established in comparison to their ISP, Casey Life Skills Assessments, self-assessment, and FAPT goals.
    Expenses $6,938,721 · grants $4,823,222 · revenue $8,297,773
  • During the year, Fostering Acadia provided support to other organizations with similar goals (Youth Advocacy) through donations to their programs.
    Expenses $3,000 · grants $3,000

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-4698009
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P01)
Assets (IRS master file)
$2,269,207
Income (IRS master file)
$8,424,766

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,424,766$8,267,774$2,269,207IRS
990June 2024$5,975,666$5,866,269$2,181,927XML
990June 2023$5,405,233$5,460,629$1,978,385XML
990June 2022$4,241,727$4,000,291$1,679,362IRS
990June 2021–––IRS
990June 2020–––IRS
990-N for 2017
Officer: Jason Brown
June 30, 2018≤ $50,000 receipts––e-Postcard

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 81-4698009).

Questions about FOSTERING ACADIA

What is the EIN of FOSTERING ACADIA?
The employer identification number (EIN) of FOSTERING ACADIA is 81-4698009.
Is FOSTERING ACADIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FOSTERING ACADIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOSTERING ACADIA 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 ACADIA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOSTERING ACADIA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOSTERING ACADIA?
The 990-N for 2017 names Jason Brown.
Who are the officers and directors of FOSTERING ACADIA?
The 990 for the year ended June 30, 2025 lists 7 people; 4 received compensation from the organization, the highest $158,712 (Jason Brown, President & CEO).
How much revenue does FOSTERING ACADIA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,424,766, expenses of $8,267,774 and total assets of $2,269,207 at year end.

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