Foster Village Inc
EIN: 813143881 · Dripping Spgs, TX · NTEE: P32
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.8M |
| Net Assets | $893K |
Is Foster Village Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foster Village Inc
Foster Village Inc (EIN: 813143881) is a nonprofit organization based in Dripping Spgs, TX, classified under NTEE code P32. The organization reported total revenue of $2.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foster Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foster Village Inc is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 30.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-164,478 |
| Total Assets | $895K |
| Total Liabilities | $2K |
| Net Assets | $893K |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Foster Village Inc reported a deficit of $164K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Foster Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | +35.7% | -15.6% |
| 2022 | +22.0% | +14.3% | +44.0% |
| 2021 | +26.1% | +36.5% | +44.7% |
| 2020 | +41.9% | +28.5% | +133.4% |
| 2019 | +64.4% | +49.7% | +115.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foster Village Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foster Village Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Foster Village Inc
Is Foster Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foster Village Inc (EIN: 813143881) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foster Village Inc spend its money?
Detailed spending breakdown data is not yet available for Foster Village Inc. Check back for updated IRS 990 analysis.
Are donations to Foster Village Inc tax-deductible?
Foster Village Inc is registered as a tax-exempt nonprofit (EIN: 813143881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foster Village Inc located?
Foster Village Inc is headquartered in Dripping Spgs, Texas and files with the IRS under EIN 813143881. It is classified under NTEE code P32.
How many years of IRS 990 filings does Foster Village Inc have?
Foster Village Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.7M in total revenue.
Filing History
IRS 990 filing history for Foster Village Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Foster Village Inc's revenue has grown by 386.8%, moving from $330K to $1.6M. Total assets increased by 1151.4% over the same period, from $72K to $895K. Total functional expenses rose by 565.2%, from $266K to $1.8M. In its most recent filing year (2023), Foster Village Inc reported a deficit of $164K, with expenses exceeding revenue. The organization holds $2K in liabilities against $895K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $893K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $895K | $2K | — | — |
| 2022 | $1.7M | $1.3M | $1.1M | $4K | — | — |
| 2021 | $1.4M | $1.1M | $736K | $40K | — | View 990 |
| 2020 | $1.1M | $836K | $509K | $37K | — | — |
| 2019 | $764K | $651K | $218K | $0 | — | View 990 |
| 2018 | $464K | $435K | $101K | $0 | — | View 990 |
| 2017 | $330K | $266K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $895K (revenue -3.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $1.1M (revenue +22.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $736K (revenue +26.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $836K, and assets of $509K (revenue +41.9% year-over-year).
- 2019: Revenue of $764K, expenses of $651K, and assets of $218K (revenue +64.4% year-over-year).
- 2018: Revenue of $464K, expenses of $435K, and assets of $101K (revenue +40.7% year-over-year).
- 2017: Revenue of $330K, expenses of $266K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foster Village Inc:
Data Sources and Methodology
This transparency report for Foster Village Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.