Nonprofit · EIN 85-2404828
FOSTER NATION
Tax-exempt · SANTA MONICA, CA 90403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $671,256 | $708,513 | -$37,257 | $919,379 | $33,503 | $885,876 |
| December 31, 2023 | 990 | $782,996 | $705,390 | $77,606 | $953,506 | $30,134 | $923,372 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $624,711
- Program service revenue
- $0
- Investment income
- $39,044
- Other revenue
- $7,501
Expenses
- Grants and similar amounts paid
- $37,151
- Compensation of officers, directors and key employees
- $103,000
- Other salaries and wages
- $134,460
- Salaries, compensation and benefits (total)
- $263,614
- Professional fundraising fees
- $0
- Accounting fees
- $5,379
- Travel
- $17,866
- Program services (functional)
- $287,831
- Management and general (functional)
- $410,676
- Fundraising (functional)
- $10,006
Balance sheet and other
- Total assets, start of year
- $953,506
- Total assets, end of year
- $919,379
- Total liabilities, end of year
- $33,503
- Net assets, end of year
- $885,876
- Publicly traded securities
- $837,424
- Gross receipts
- $671,256
- Employees
- 4
- Volunteers
- 390
- Year formed
- 2020
- State of legal domicile
- CA
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 |
|---|---|---|---|
| MAGGIE LIN | EXECUTIVE DIRECTOR Officer | 40 | $103,000 |
| AIMEE SLOAN | DIRECTOR (AS OF 10/19/24) Trustee or director | 2 | $0 |
| JACQUELINE SHAMTOOB | DIRECTOR (THRU 03/01/24) Trustee or director | 2 | $0 |
| JEANNE PRITZKER | DIRECTOR (AS OF 10/19/24) Trustee or director | 2 | $0 |
| DARYN KUHLMAN PLUMB | DIRECTOR (AS OF 10/19/24) Trustee or director | 2 | $0 |
| HAROLD MYER | DIRECTOR (AS OF 07/25/24) Trustee or director | 2 | $0 |
| VICTORIA MASSENGALE | DIRECTOR (AS OF 07/25/24) Trustee or director | 2 | $0 |
| DAVE HERMAN | DIRECTOR (THRU 07/26/24) Trustee or director | 2 | $0 |
| KATE SOMERVILLE | DIRECTOR Trustee or director | 2 | $0 |
| SHERRI FRANCOIS | DIRECTOR (AS OF 07/25/24) Trustee or director | 2 | $0 |
| ALAIN DATCHER | DIRECTOR Trustee or director | 2 | $0 |
| LYDIA COLEMAN | DIRECTOR Trustee or director | 2 | $0 |
| ELIZABETH ARMOUR | DIRECTOR (AS OF 10/19/24) Trustee or director | 2 | $0 |
| AARON ELSTER | SECRETARY Trustee or director, Officer | 4 | $0 |
| DAVID MILKEN | TREASURER Trustee or director, Officer | 4 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA DONAHUE | VICE PRESIDENT (AS OF 01/25/24) Trustee or director, Officer | 2 | $0 |
| CAROLINE KUNITZ | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DARREN EDWARDS | DIRECTOR Trustee or director | 2 | $0 |
| JOY TAYLOR | DIRECTOR (THRU 06/30/24) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAGGIE LIN | EXECUTIVE DIRECTOR Officer | 40 | $100,500 |
| CAROLINE KUNITZ | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID MILKEN | TREASURER Trustee or director, Officer | 4 | $0 |
| AARON ELSTER | SECRETARY Trustee or director, Officer | 4 | $0 |
| LYDIA COLEMAN | DIRECTOR (AS OF 10/26/23) Trustee or director | 2 | $0 |
| ALAIN DATCHER | DIRECTOR (AS OF 4/27/23) Trustee or director | 2 | $0 |
| DARREN EDWARDS | DIRECTOR (AS OF 7/27/23) Trustee or director | 2 | $0 |
| DAVE HERMAN | DIRECTOR Trustee or director | 2 | $0 |
| JEANNE PRITZKER | DIRECTOR Trustee or director | 2 | $0 |
| JACQUELINE SHAMTOOB | DIRECTOR Trustee or director | 2 | $0 |
| KATE SOMERVILLE | DIRECTOR Trustee or director | 2 | $0 |
| JOY TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1112 MONTANA AVE 244, SANTA MONICA, CA 90403-1652
- Mailing address (990-N for 2020)
- 11150 SANTA MONICA BLVD STE 1500, LOS ANGELES CA 900250490
- Principal officer (990 for 2024)
- MAGGIE LIN, 1112 MONTANA AVE 244, SANTA MONICA, CA 904031652
- Principal officer (990-N for 2020)
- Maggie Lin, 11150 SANTA MONICA BLVD, STE 1500, Los Angeles CA 90025
- Signed the 990
- MAGGIE LIN, INTERIM EXECUTIVE DIRECTOR
- Phone
- (310) 310-5759
- Website
- FOSTERNATION.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 85-2404828 or by the name FOSTER NATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
FOSTER NATION ENGAGES AND EMPOWERS THE COMMUNITY TO PREPARE, SUPPORT AND EMPOWER FOSTER YOUTH AGING OUT OF THE SYSTEM TO BE SELF-SUFFICIENT ADULTS BY PROVIDING RESOURCES, SOCIAL SUPPORT, AND MENTORSHIP.
Program accomplishments
- SPARKS - 6 MONTH CAREER COACHING PROGRAM: WE ENSURE FOSTER YOUTH HAVE EQUAL FOOTING WHEN THEY ENTER THE PROFESSIONAL WORLD BY MATCHING THEM WITH A DEDICATED ONE-ON-ONE CAREER COACH, AND PROVIDING THEM WITH CAREER READINESS AND LIFE SKILLS TRAINING NECESSARY TO HELP THEM BECOME SELF-SUFFICIENT POST FOSTER CARE. OUR GOAL IS TO HELP FOSTER YOUTH DEVELOP FOUNDATIONAL LIFE AND PROFESSIONAL SKILLS NECESSARY TO ENTER THE REAL WORLD. WE BELIEVE THAT ONE MEANINGFUL CONNECTION CAN CHANGE A LIFE.CONTINUED ON SCHEDULE OSPARKS OF LOVE - WE PROVIDE CELEBRATORY GIFTS FOR FOSTER YOUTH DURING IMPORTANT MILESTONES/EVENTS IN THEIR LIVES, SUCH AS HIGH SCHOOL OR COLLEGE GRADUATION, BACK TO SCHOOL, OR BIRTHDAYS. OUR GOAL IS TO REMIND YOUTH THAT THERE ARE ALWAYS PEOPLE WHO CARE ABOUT THEM AND ARE IN THEIR CORNER. THE MISSION OF THIS PROGRAM IS TO REMIND YOUTH THAT THEY BELONG, THEY MATTER, AND THEY ARE NOT ALONE.THE ESSENTIALS - (PREVIOUSLY SHOPPING DAYS OR BASIC NEEDS) FREE SHOPPING DAYS FOR FOSTER YOUTH: WE HELP BUILD CONFIDENCE IN FOSTER YOUTH BY PROVIDING ESSENTIAL RESOURCES VIA FREE POP-UP SHOPPING DAYS FOR YOUTH TO SHOP FOR PROFESSIONAL AND CASUAL CLOTHING, TOILETRIES, BEAUTY PRODUCTS, AND ACCESSORIES. OUR GOAL IS TO ENSURE FOSTER YOUTH FEEL CONFIDENT AS THEY PURSUE THEIR PROFESSIONAL AND EDUCATIONAL DREAMS.Expenses $287,831 · grants $37,151
- MEAL NATION - FREE MEAL DELIVERY/PICK UP SERVICE TO FIGHT FOOD INSECURITY: DURING THE COVID-19 PANDEMIC, WE LAUNCHED THE MEAL NATION PROGRAM TO ADDRESS FOOD INSECURITY FOR FOSTER YOUTH STUDENTS IN 57 COLLEGES. THIS WAS DONE BY PROVIDING YOUTH WITH FREE MEALS FOR 30-60-90 DAYS THAT CAN EITHER BE PICKED UP FROM A LOCAL RESTAURANT, THROUGH OUR PARTNERSHIP WITH BENTO, OR DELIVERED THROUGH OUR PARTNER FRESHLY. WE DISTRIBUTED 76,000+ MEALS TO OVER 2,000 FOSTER YOUTH.
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
- 85-2404828
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $919,379
- Income (IRS master file)
- $671,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $671,256 | $708,513 | $919,379 | XML |
| 990 | December 2023 | $782,996 | $705,390 | $953,506 | XML |
| 990 | December 2022 | $795,181 | $518,242 | $853,736 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Maggie Lin | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | 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 85-2404828).
Questions about FOSTER NATION
- What is the EIN of FOSTER NATION?
- The employer identification number (EIN) of FOSTER NATION is 85-2404828.
- Is FOSTER NATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to FOSTER NATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOSTER NATION 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 FOSTER NATION 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 FOSTER NATION 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 FOSTER NATION?
- The 990 for the year ended December 31, 2024 names MAGGIE LIN.
- Who are the officers and directors of FOSTER NATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $103,000 (MAGGIE LIN, EXECUTIVE DIRECTOR).
- How much revenue does FOSTER NATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $671,256, expenses of $708,513 and total assets of $919,379 at year end.
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All nonprofits in SANTA MONICA · California · Human services