2024-11-15T15:59:27-06:00 2023-12-31 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2023-01-01 521238437 ORPHAN FOUNDATION OF AMERICA D/B/A FOSTER CARE TO SUCCESS FOUNDATION ORPH 5712030270 23811 CHAGRIN BLVD 210 CLEVELAND OH 44122 EILEEN MCCAFFREY CEO 5712030270 2024-11-15 1 0 JENNIFER N FRENCH CPA P00659678 7033858577 2024-11-15 X 2023 2024-10-15 13:58:12Z FOSTER CARE TO SUCCESS EILEEN MCCAFFREY 23811 CHAGRIN BLVD 210 CLEVELAND OH 44122 7674683 0 X WWW.FC2SUCCESS.ORG X 1981 VA THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE ACADEMIC AND CAREER SUPPORT AND FUNDING TO YOUTH WHO WERE ORPHANED OR IN THE FOSTER CARE SYSTEM SO THEY CAN ENTER THE WORKFORCE AND BECOME PRODUCTIVE, SELF-SUFFICIENT ADULTS. 6 5 16 325 0 0 5725740 2117825 9726346 5414380 95523 83273 0 0 15547609 7615478 9319329 5284792 0 0 1269248 970672 0 0 145 647236 520718 11235813 6776182 4311796 839296 14794321 17269947 965766 1545885 13828555 15724062 X THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE ACADEMIC AND CAREER SUPPORT AND FUNDING TO YOUTH WHO WERE ORPHANED OR IN THE FOSTER CARE SYSTEM SO THEY CAN ENTER THE WORKFORCE AND BECOME PRODUCTIVE, SELF-SUFFICIENT ADULTS. 0 0 5095864 3757671 5414380 EDUCATION AND TRAINING VOUCHERS - ADMINISTERING STATE GRANTS, TUITION WAIVERS AND OTHER FUNDS TO 1,757 STUDENTS ATTENDING 966 POSTSECONDARY INSTITUTIONS (TRAINING PROGRAMS, COMMUNITY COLLEGES AND UNIVERSITIES). THE PROGRAM IS NATIONAL; HOWEVER, FOCUS IS ON THE EIGHT STATES OF ALABAMA, ARIZONA, MARYLAND, MISSOURI, NORTH CAROLINA, AND OHIO. STUDENTS RECEIVE PERSONALIZED COACHING AND ENCOURAGEMENT, LEADERSHIP OPPORTUNITIES AND CARE PACKAGES. 1496608 1496608 SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO ARE PROVIDED WITH INDIVIDUALIZED SUPPORT TO ADDRESS THEIR ACADEMIC, CAREER, PERSONAL AND FINANCIAL CONCERNS. SCHOLARSHIPS ARE GRANTED BASED ON A COMBINATION OF MERIT AND NEED, TO 148 ATTENDING POSTSECONDARY INSTITUTIONS NATIONWIDE. 30513 30513 SECURING ITEMS, PACKING AND MAILING 2000+ BOXES EACH ACADEMIC YEAR AND WORKING WITH BUSINESS AND COMMUNITY GROUPS THROUGHOUT THE COUNTRY TO SEND CARE PACKAGES TO FC2S STUDENTS. THESE BOXES ARE A TANGIBLE DEMONSTRATION OF THE CARE AND CONCERN FELT BY PEOPLE NATIONWIDE TOWARDS YOUNG PEOPLE IN FOSTER CARE; EACH BOX CONTAINS ITEMS BOTH NECESSARY TO AND DESIRED BY COLLEGE STUDENTS, ALONG WITH PERSONAL CARDS AND NOTES FROM VOLUNTEERS. ANNUALLY FOR VALENTINE'S DAY, EACH STUDENT GETS A HAND-CRAFTED RED SCARF WHICH BECOMES, FOR MANY, A TREASURED KEEPSAKE. STUDENT SUPPORT SERVICES: PROVIDING INTENSIVE INDIVIDUAL SUPPORT TO 800+ STUDENTS INCLUDING MONEY MANAGEMENT AND BUDGETING FINANCIAL AID, POSTSECONDARY SUCCESS AND CAREER AND EMPLOYMENT PLANNING. 6622985 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AZ MD MO NC OH X X X EILEEN MCCAFFREY 5712030270 23811 CHAGRIN BLVD SUITE 210 CLEVELAND OH 44122 EILEEN MCCAFFREY EXECUTIVE DIRECTOR 45.00 X X 256462 0 11976 GINA STRACUZZI PRESIDENT 1.00 X X 0 0 0 KEVIN BUTLER TREASURER 1.00 X X 0 0 0 RICHARD BIENVENUE SECRETARY 1.00 X X 0 0 0 JAMES FOTI DIRECTOR 1.00 X X 0 0 0 KIM LASH DIRECTOR 1.00 X X 0 0 0 256462 0 11976 1 0 1 0 RICHWEB INC 9680 ATLEE COMMONS DRIVE SUITE 201 ASHLAND VA 23005 IT SERVICES 156646 YOUR PART-TIME CONTROLLER LLC PO BOX 7247 PHILADELPHIA PA 191700001 ACCOUNTING 118413 2 2117825 30000 2117825 EDUCATION/TRAINING VOU 611710 5414380 5414380 5414380 142478 142478 59205 -59205 -59205 -59205 7615478 5414380 0 83273 5284792 5284792 359161 332317 26844 523849 523764 85 27570 27566 4 60092 59089 997 6 1137 37 1100 10462 10287 174 1 25547 25121 424 2 122237 7365 114860 12 78704 77456 1240 8 191429 188233 3177 19 57388 56430 952 6 14477 14278 198 1 75 75 2323 2284 39 14031 13797 233 1 LICENSES AND PERMITS 2908 94 2814 6776182 6622985 153052 145 6296014 8637860 2379909 1505912 11811 16096 189709 170906 20991 18803 5838897 6890127 7055 246699 194094 14794321 17269947 254438 157257 466992 1186530 244336 202098 965766 1545885 X 12536085 14067328 1292470 1656734 13828555 15724062 14794321 17269947 X 839296 737237 294178 24796 X X 0 1 X 1 1 1 X 2061269 1840895 2655433 5725740 2117825 14401162 2061269 1840895 2655433 5725740 2117825 14401162 4729170 9671992 49266 41326 45720 46395 142478 325185 14726347 46212767 0.65680 0.64300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32815 14012 18803 156894 156894 0 18803 LEASE LIABILITY 192748 SCHOLARSHIP PAYABLE 9350 202098 X 8352715 737237 737237 7615478 0 7615478 6751386 -24796 -24796 6776182 0 6776182 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AS REQUIRED BY FASB ACCOUNTING STANDARDS CODIFICATION (ASC) INCOME TAXES (TOPIC 740); HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS DEFINED IN THIS GUIDANCE, NOR DO THEY EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF THE TREASURY. SUCH RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN BANK AND INVESTMENT CHARGES. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT ADJUSTMENT -24,796. 1 SCHOLARSHIPS FOR 1757 STUDENTS ATTENDING 966 COLLEGES AND UNIVERSITIES. 3011 5254279 30513 CARE PACKAGES PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INCLUDES THE FOLLOWING SYSTEM OF CHECKS AND BALANCES - PROGRAM EXPENDITURES ARE ALLOCATED IN AN EMS SYSTEM THAT CAPS THE AMOUNT THAT CAN BE AWARDED AS PER THE GRANTS' RULES, PRIOR TO FUNDING BEING DISTRIBUTED IT IS REVIEWED BY THE PROGRAM MANAGER AND THE COMPLIANCE MANAGER. THE ACCOUNTING IS DONE OFFSITE. NO ONE WHO AWARDS FUNDING HAS ACCESS TO THE ORGANIZATION'S BOOKS OR BANK ACCOUNTS. CHECKS OVER $1500 ARE APPROVED BY TWO BOARD MEMBERS. X X X X 0 1 0 0 0 0 0 0 0 EILEEN MCCAFFREY EXECUTIVE DIRECTOR 256462 0 0 0 0 0 0 0 11976 0 268438 0 0 0 X CARE PACKAGE GIFT ITEMS 270 30315 COMPARABLE SELLING P 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND THE TREASURER PERFORM A DETAILED REVIEW OF THE FORM 990. ONCE ALL QUESTIONS/ISSUES HAVE BEEN RESOLVED, A FINAL COPY OF THE FORM 990 IS PRESENTED TO EACH MEMBER OF THE BOARD FOR REVIEW AND APPROVAL. ONCE APPROVED BY THE BOARD, THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS A BINDING CONFLICT OF INTEREST POLICY THAT INCLUDES THE EXECUTIVE DIRECTOR AND SENIOR STAFF. IT IS REVIEWED AS NEEDED BUT AT LEAST EVERY 24 MONTHS. THE BOARD OF DIRECTORS DETERMINES IF A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY.) THE INTERESTED INDIVIDUAL(S) ARE RECUSED FROM PARTICIPATING IN THE DELIBERATIONS AND VOTING ON THE MATTER. ADDITIONALLY, THE EXTERNAL AUDITORS GIVE QUESTIONNAIRES TO BOARD MEMBERS DURING THE ANNUAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD REVIEWS THE COMPENSATION OF SIMILAR ORGANIZATIONS TO DETERMINE THE REASONABLENESS OF THE CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE. FORM 990, PART XI, LINE 9: BAD DEBT ADJUSTMENT 24,796. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BUT THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. PART VI, SECTION C DISCLOSURE, LINE 18 A COPY OF FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 1023 IS AVAILABLE UPON REQUEST.