Fostering Solutions
Adrian, Michigan
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.3M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$414K
Net Assets
📋
$301K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.2%
Year-over-year change (2022 → 2023)
Net Margin
-8.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
42.1%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,344,797↓6% | $1,452,446↑5% | $714,652↑24% | — |
| 2022 | $1,432,927↑11% | $1,389,734↑6% | $578,184↑13% | — |
| 2021 | $1,292,527↑16% | $1,313,111↑6% | $513,027↓3% | — |
| 2020 | $1,114,407↓20% | $1,243,242↓2% | $527,608↑7% | — |
| 2019 | $1,393,606↑14% | $1,267,715↑16% | $491,474↑33% | — |
| 2018 | $1,226,806↑62% | $1,091,784↑72% | $369,744↑52% | — |
| 2017 | $755,320↑15% | $636,284↑5% | $243,238↑88% | — |
| 2016 | $656,978↑140% | $604,981↑159% | $129,246↑114% | — |
| 2015 | $274,295↑10920% | $233,368↑4398% | $60,497↑433% | — |
| 2014 | $2,489 | $5,188 | $11,356 | — |
Frequently Asked Questions
What does Fostering Solutions do?▼
Fostering Solutions is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Fostering Solutions financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Fostering Solutions.
How much revenue does Fostering Solutions generate?▼
Fostering Solutions reports $1.7M in annual revenue and holds $745K in total assets, based on IRS filings.
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