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Nonprofit · EIN 84-3390925

FOSTERUS

Tax-exempt · WILMINGTON, NC 28409

Financials

$2.5M$1.9M2023$2.7M$3.7M2024$2.7M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of FOSTERUS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,715,411$2,846,581-$131,170$475,994$0$475,994
December 31, 2024990$2,687,802$3,696,600-$1,008,798$607,164$0$607,164
December 31, 2023990$2,478,956$1,869,253$609,703$1,615,962$0$1,615,962
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,415,103
Program service revenue
$300,276
Investment income
$32
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$226,921
Salaries, compensation and benefits (total)
$251,444
Professional fundraising fees
$0
Legal fees
$1,398
Accounting fees
$2,975
Travel
$9,013
Program services (functional)
$2,780,188
Management and general (functional)
$66,393

Balance sheet and other

Total assets, start of year
$607,164
Total assets, end of year
$475,994
Total liabilities, end of year
$0
Net assets, end of year
$475,994
Net assets without donor restrictions
$238,846
Net assets with donor restrictions
$237,148
Gross receipts
$2,715,411
Employees
2
Year formed
2019
State of legal domicile
NC

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jantz HoffmanCOO
Officer
40$113,465
Heather JarvisExecutive Dir.
Officer
40$113,456
Lauren CollingwoodSecretary
Trustee or director
5$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Heather JarvisExecutive Dir.
Officer
40$97,728
Jantz HoffmanCOO
Officer
40$97,714
Lauren CollingwoodSecretary
Trustee or director
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Lauren CollingwoodSecretary
Trustee or director
5$0
Jantz HoffmanCOO
Officer
40$0
Heather JarvisExecutive Dir.
Officer
40$0

Address and contacts

Address (IRS master file)
5426 DUNMORE RD, WILMINGTON, NC 28409-2729
In care of
% HEATHER JARVIS
Mailing address (990-N for 2020)
5426 Dunmore Rd, Wilmington NC 28409
Principal officer (990 for 2025)
Jantz Hoffman, 5426 Dunmore Rd, Wilmington, NC 28409
Principal officer (990-N for 2020)
Heather Jarvis, 5426 Dunmore Rd, Wilmington NC 28409
Signed the 990
Jantz Hoffman, COO
Phone
(855) 826-2752
Return prepared by
Campbell Jones Cohen CPAs

Mission

Fosterus aims to increase access to quality healthcare, education, legal and social services for disadvantaged communities by providing loan repayment assistance programming for public service positions within nonprofit organizations or local government entities, which exist to meet the healthcare, education, legal and/or social service needs of underserved and vulnerable populations.

990 for the year ended December 31, 2025

Program accomplishments

  • Fosterus had several accomplishments during the 2025 fiscal year. The Organization expanded eligibility requirements in Texas and increased the number of legal aid organizations they promoted to include 29 organizations who provide legal aid services in Texas. In late 2025, Fosterus also initiated a national program for fellows of Equal Justice Works that creates opportunities for lawyers to transform their passion for equal justice into a life long commitment to public service. In total, Fosterus increased the number of individuals who were assisted to more than 475 individuals employed by non-profit and government organizations.
    Expenses $2,780,188 · revenue $300,276

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3390925
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$475,994
Income (IRS master file)
$2,715,411

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,715,411$2,846,581$475,994XML
990December 2024$2,687,802$3,696,600$607,164XML
990December 2023$2,478,956$1,869,253$1,615,962XML
990December 2022$1,321,360$358,350$1,006,259IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Heather Jarvis
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Heather Jarvis
December 31, 2019≤ $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 84-3390925).

Questions about FOSTERUS

What is the EIN of FOSTERUS?
The employer identification number (EIN) of FOSTERUS is 84-3390925.
Is FOSTERUS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to FOSTERUS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOSTERUS 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 FOSTERUS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOSTERUS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FOSTERUS?
The 990 for the year ended December 31, 2025 names Jantz Hoffman.
Who are the officers and directors of FOSTERUS?
The 990 for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $113,465 (Jantz Hoffman, COO).
How much revenue does FOSTERUS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,715,411, expenses of $2,846,581 and total assets of $475,994 at year end.

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