EIN 84-3390925

Fosterus

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2019
Most recent tax filings
2023-12-01
Description
Fosterus aims to increase access to quality healthcare, education, legal and social services for disadvantaged communities. It built and launched a LRAP for Harlem Childrens Zone (HCZ), promoting their mission by encouraging employees to work in areas of need through LRAP. Fosterus also developed software to administer LRAPS, including the District of Columbia Poverty Lawyer Loan Repayment Assistance Program, securing commitments from 78 civil legal aid attorneys. The organization is located in Wilmington, NC.
Total revenues
$2,478,956
2023
Total expenses
$1,869,253
2023
Total assets
$1,615,962
2023
Num. employees
2
2023

Program areas at Fosterus

Fosterus had several accomplishments during the 2023 fiscal year. The Organization secured service commitments for 176 individuals to work in legal aid organizations in the District of Columbia, Texas, and Illinois. The Organization was able to sercure the service commitmnets of 97 employees with a non-profit charter school in Harlem, New York, as well as, 50 employees working for a non-profit animal hospital in Portland, Oregon. Through the Loan Repayment Assistance Program (LRAP), the Organization was able assist government and non-profti employment of 323 individuals by reducing the burden of student loan repayment.

Personnel at Fosterus

NameTitleCompensation
Jantz HoffmanChief Financial Officer$0
Heather JarvisExecutive Director$0

Financials for Fosterus

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,161,021
Program services$317,917
Investment income and dividends$18
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$2,478,956

Form 990s for Fosterus

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-08990View PDF
2022-122023-08-29990View PDF
2021-122022-05-12990EZView PDF
Data update history
October 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 29, 2023
Updated personnel
Identified 1 new personnel
October 24, 2023
Used new vendors
Identified 1 new vendor, including
August 12, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
May 20, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
SchoolsFamily service centersCharities
Issues
Education
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
5426 Dunmore Rd
Wilmington, NC 28409
Metro area
Wilmington, NC
County
New Hanover County, NC
Website URL
fosterus.org/ 
Phone
(855) 826-2752
IRS details
EIN
84-3390925
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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