EIN 45-5056874

Foster Success

IRS 501(c) type
501(c)(3)
Num. employees
27
State
Year formed
2012
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Foster Success supports Foster care youth to attain education, stability, financial literacy, workforce readiness and a support system by age 25.
Also known as...
Indiana Connected By 25
Total revenues
$9,816,775
2023
Total expenses
$4,876,329
2023
Total assets
$8,230,593
2023
Num. employees
27
2023

Program areas at Foster Success

Youth engagement: the youth engagement programs bring together young people to support one another and tackle the issues that matter to them. Whether or not a young person is involved in some of our other programs, we still want those who have been in Foster care to engage with their peers who have shared experiences.
Educational Success: educational Success looks different for each person. Through a comprehensive series of educational support programs, participants can access support to navigate their journey from high school to college and through the various challenges that come along with each step.
Financial empowerment: financial empowerment is the key to financial literacy and self-sufficiency. Program participants gain skills and knowledge to save money, spend wisely, and build credit and assets. They also can receive funds to match their own savings to assist them in purchasing vehicles, paying for housing, or covering other significant expenses.
Workforce readiness: workforce readiness means ensuring that our young people have clear and supportive paths to good and promising jobs. Unemployment is a significant problem for those who have experienced Foster care. Just 51% of current or former Foster youth report being employed at age 21, compared to 61% of their non-foster care peers. Health & well-being: we know that the health and well-being of a young person is not simply dependent on the choices they make. There are complex conditions, like where they live, work, learn, and play, that affect them, too. We strive to make sure every young person can meet their most basic needs. We provide 1:1 referrals and real connections to community resources including: documentation, housing, financial support, food, hygiene items, transportation, medical & health needs, and self-advocacy.

Who funds Foster Success

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Central IndianaDonor Choice$60,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,500
Schwab Charitable FundHuman Services$5,500
...and 2 more grants received

Personnel at Foster Success

NameTitleCompensation
Maggie StevensChief Executive Officer$108,682
Monika MalaChief Operating Officer$0
Grace WorleySecretary$0
Lolita CampbellTreasurer$0
Freedom SmithChair$0
...and 7 more key personnel

Financials for Foster Success

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,618,072
Program services$0
Investment income and dividends$198,703
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,816,775

Form 990s for Foster Success

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-01990View PDF
2022-062022-10-15990View PDF
2021-062021-09-27990View PDF
2020-062021-02-19990View PDF
2019-062021-05-03990View PDF
...and 6 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 23, 2024
Updated personnel
Identified 4 new personnel
January 2, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 27, 2023
Received grants
Identified 6 new grant, including a grant for $5,000,000 from Lilly Endowment
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Human service organizationsYouth service charitiesCharities
Issues
Human servicesChildren
Characteristics
State / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
546 E 17th St 206
Indianapolis, IN 46202
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
fostersuccess.org/ 
Phone
(317) 917-8940
IRS details
EIN
45-5056874
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P31: Adoption
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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