PLATINUM2023

Angels Foster Family Network OKC Inc

aka Angels FFN OKC   |   EDMOND, OK   |  angelsfosterokc.org
GuideStar Charity Check

Angels Foster Family Network OKC Inc

EIN: 26-2895165


Mission

DRIVE systemic change, CHAMPION foster families.

Ruling year info

2009

Executive Director/Founder

Jennifer Abney

Assistant Director

Carla Dobbs

Main address

PO BOX 31746

EDMOND, OK 73003 USA

Show more contact info

EIN

26-2895165

Subject area info

Child welfare

Foster care

Population served info

Children and youth

Families

NTEE code info

Foster Care (P32)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Foster Care Program

We recruit, certify and train highly qualified foster parents and match them with children in Oklahoma state custody. Through our phenomenal social work staff we are able to support the foster child and foster family until permanency is found for each child. Angels is also able to provide supplies and wrap around services to families and children to better meet their needs.

Population(s) Served
Children and youth
Families

Where we work

Affiliations & memberships

Oklahoma Center for Nonprofits Member 2022

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of children in foster care who have stable placements

This metric is no longer tracked.
Totals By Year
Related Program

Foster Care Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

On any given year we begin with a certain number of children in our care and we have foster child placements throughout the year as well. This is the total sum of children we serve in one given year.

Number of licensed foster families as a result of the organization's efforts

This metric is no longer tracked.
Totals By Year
Related Program

Foster Care Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our total number of certified homes during each given year. We consider this a successful metric if it holds steady or steadily increases over time.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We aim to break the generational cycles of abuse and neglect that face children who enter into the foster care system. We strive to be a solution and not just a Band-Aid to the issues of foster care. At Angels we know that our families are our most valuable resources, so we provide the support they need to foster the future of a child.

Angels only certifies the very best families to provide stable loving homes for children while helping them learn how to bond. Angels helps to insure placement stability by making sure that all of our foster families are trauma informed so that they are prepared for behaviors that will come from the children. Angels model is to only have one foster child or sibling group per home to avoid mixing traumas and avoid foster family burn out.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually

  • What challenges does the organization face when collecting feedback?

Financials

Angels Foster Family Network OKC Inc
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 Angels FFN OKC Audited Financials 2021 2020 Angels FFN OKC Audited Financials 2020
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

51.23

Average of 163.61 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

8.6

Average of 5.3 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

20%

Average of 18% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Angels Foster Family Network OKC Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Angels Foster Family Network OKC Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Angels Foster Family Network OKC Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Angels Foster Family Network OKC Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $600,480 $872,943 -$112,636 $506,592 -$4,442
As % of expenses 32.6% 47.9% -7.5% 33.9% -0.3%
Unrestricted surplus (deficit) after depreciation $542,806 $795,185 -$152,959 $469,297 -$37,871
As % of expenses 28.6% 41.8% -10.0% 30.7% -2.4%
Revenue composition info
Total revenue (unrestricted & restricted) $2,290,559 $2,671,064 $1,405,232 $1,999,544 $1,496,980
Total revenue, % change over prior year 24.7% 16.6% -47.4% 42.3% -25.1%
Program services revenue 0.1% 4.0% 0.1% 0.1% 0.2%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.1% 0.4% 0.1% 0.1%
Government grants 48.8% 46.3% 78.7% 78.1% 71.6%
All other grants and contributions 51.1% 49.6% 21.7% 21.7% 28.1%
Other revenue 0.0% 0.0% -0.9% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,839,273 $1,822,573 $1,495,412 $1,492,952 $1,565,372
Total expenses, % change over prior year 22.1% -0.9% -18.0% -0.2% 4.9%
Personnel 69.4% 62.5% 70.4% 75.7% 74.5%
Professional fees 2.3% 16.5% 9.6% 6.8% 7.6%
Occupancy 6.7% 6.3% 7.4% 5.3% 4.1%
Interest 0.3% 1.3% 1.5% 1.2% 0.4%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 21.2% 13.4% 11.2% 11.0% 13.4%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $1,896,947 $1,900,331 $1,535,735 $1,530,247 $1,598,801
One month of savings $153,273 $151,881 $124,618 $124,413 $130,448
Debt principal payment $0 $16,747 $17,522 $172,273 $314,372
Fixed asset additions $1,255,829 $0 $0 $0 $0
Total full costs (estimated) $3,306,049 $2,068,959 $1,677,875 $1,826,933 $2,043,621

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 3.7 8.1 9.4 12.1 8.6
Months of cash and investments 3.7 8.1 9.4 12.1 8.6
Months of estimated liquid unrestricted net assets 2.9 8.4 9.2 11.9 8.9
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $559,803 $1,233,563 $1,167,509 $1,500,082 $1,122,800
Investments $0 $0 $0 $0 $0
Receivables $200,630 $110,060 $102,635 $94,484 $88,346
Gross land, buildings, equipment (LBE) $1,469,001 $1,494,645 $1,494,645 $1,494,645 $1,496,866
Accumulated depreciation (as a % of LBE) 10.8% 16.0% 18.5% 21.0% 23.2%
Liabilities (as a % of assets) 34.9% 19.9% 20.1% 11.6% 0.9%
Unrestricted net assets $1,230,620 $2,025,805 $1,872,846 $2,342,143 $2,304,272
Temporarily restricted net assets $127,000 $100,000 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $127,000 $100,000 $125,000 $125,000 $61,053
Total net assets $1,357,620 $2,125,805 $1,997,846 $2,467,143 $2,365,325

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director/Founder

Jennifer Abney

Angels founder, Jennifer Abney, first brought a passion for fostering to OKC in 2008. A foster/adoptive parent who relocated from San Diego, she brought the Angels Foster Family Network model and drive to change how Oklahoma manages foster care and supports its foster families. Her goal was that Angels be a solution and not just a Band-Aid to the issues of foster care.

Assistant Director

Carla Dobbs

Number of employees

Source: IRS Form 990

Angels Foster Family Network OKC Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Angels Foster Family Network OKC Inc

Board of directors
as of 05/30/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Nate Thiry

Forvis

Term: 2019 -

Logan Engle

BKD, CPAs & Advisors

Christi Woodworth

OG&E

Marsha Gleichman

Edmond Public Schools

John Meyers

BancFirst

Lucas Trigler, MD

Childrens Eye Care

Jean McLaughlin

Dana Stevenson

OKC Public Schools

Tony Scorsone

TCS Construction

Janell Ferguson

Kristin Haynes-Dixon

BancFirst

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/9/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 03/02/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.