FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
a moment of caring, a lifetime of difference
FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
EIN: 27-1024497
Mission
The mission of Foster Angels of Central Texas is to improve the lives of children in foster care, ensuring that each child has their basic needs met, and to provide life-enriching and life-enhancing experiences whenever possible.
Ruling year
2010
Executive Director
Tania Leskovar-Owens
Main address
P.O. Box 152575
Austin, TX 78715 USA
EIN
27-1024497
Foster care
Youth services
Population served
Children and youth
Adolescents
Young adults
NTEE code
Children's and Youth Services (P30)
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
Affiliations
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Basic Needs
Focus on ensuring children and youth have access to food, household items such as beds, appropriate clothing, educational assistance, tutoring, technology
Normalcy Activities
Ensure children in foster care have opportunities to participate in the same activities other children are able to participate in. This includes school clubs, after school activities, lessons, sports, music, etc. In addition we provide funding for summer camps, trips and special occasions such as graduation, birthdays or prom. This also includes our Toys for Teens program during the holidays.
Guide to Thrive
Guide to Thrive is focused on youth (18-22) who are transitioning out of the foster care system and ensures they have the support they need to thrive. We connect youth to the resources and caring people who can help them accomplish their dreams and succeed in life.
Keys to Success
Keys to Success focused on assisting youth with completing driver's ed, getting a license, understanding the responsibility of owning a car and assisting them with their first purchase. The program has a savings match component to help assist a youth to buying their first car.
Bright Angel Scholars
The Bright Angel Scholars is a scholarship which provides funding and mentorship to help current or former foster youth graduate from college.
Where we work
External reviews
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2020 info
8.83
Months of cash in 2020 info
6.8
Fringe rate in 2020 info
10%
Funding sources info
Assets & liabilities info
FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
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: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION’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.
Created in partnership with
Business model indicators
| Profitability info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $18,205 | $42,626 | -$56,796 | -$49,360 | $45,813 |
| As % of expenses | 3.1% | 6.2% | -6.7% | -5.4% | 5.7% |
| Unrestricted surplus (deficit) after depreciation | $18,205 | $42,626 | -$56,796 | -$49,360 | $45,813 |
| As % of expenses | 3.1% | 6.2% | -6.7% | -5.4% | 5.7% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $608,675 | $733,030 | $798,822 | $857,409 | $880,795 |
| Total revenue, % change over prior year | 32.5% | 20.4% | 9.0% | 7.3% | 2.7% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.6% | 0.5% | 0.4% | 0.3% | 0.1% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 99.4% | 96.1% | 99.0% | 99.7% | 99.9% |
| Other revenue | 0.0% | 3.3% | 0.5% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $594,719 | $690,683 | $850,361 | $914,161 | $806,077 |
| Total expenses, % change over prior year | 16.3% | 16.1% | 23.1% | 7.5% | -11.8% |
| Personnel | 23.2% | 26.5% | 25.1% | 26.9% | 33.0% |
| Professional fees | 0.9% | 1.5% | 2.3% | 3.5% | 3.9% |
| Occupancy | 1.4% | 1.2% | 0.8% | 0.5% | 0.4% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 69.3% | 65.4% | 67.8% | 63.4% | 55.5% |
| All other expenses | 5.3% | 5.4% | 4.0% | 5.7% | 7.3% |
| Full cost components (estimated) info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $594,719 | $690,683 | $850,361 | $914,161 | $806,077 |
| One month of savings | $49,560 | $57,557 | $70,863 | $76,180 | $67,173 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
| Total full costs (estimated) | $644,279 | $748,240 | $921,224 | $990,341 | $873,250 |
Capital structure indicators
| Liquidity info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Months of cash | 6.0 | 5.6 | 4.8 | 3.9 | 6.8 |
| Months of cash and investments | 8.2 | 7.4 | 5.4 | 4.4 | 6.8 |
| Months of estimated liquid unrestricted net assets | 8.0 | 7.6 | 5.4 | 4.4 | 5.6 |
| Balance sheet composition info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Cash | $297,881 | $319,705 | $342,925 | $295,600 | $454,118 |
| Investments | $106,333 | $105,913 | $41,262 | $36,255 | $0 |
| Receivables | $0 | $25,000 | $0 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 2.2% | 2.8% | 0.8% | 0.0% | 11.3% |
| Unrestricted net assets | $0 | $0 | $0 | $331,855 | $377,668 |
| Temporarily restricted net assets | $0 | $0 | $0 | N/A | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | N/A | N/A |
| Total restricted net assets | $0 | $0 | $0 | $0 | $25,000 |
| Total net assets | $395,385 | $438,011 | $381,215 | $331,855 | $402,668 |
Key data checks
| Key data checks info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Tania Leskovar-Owens
Number of employees
Source: IRS Form 990
FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
FOSTER ANGELS OF CENTRAL TEXAS FOUNDATION
Board of directorsas of 01/20/2023
Board of directors data
Suzy Balagia
Leon Chen
Director
Thom Farrell
Past President
Cuatro Groos
Director
Richard Leshin
Director
MP Mueller
Director
Ted Oakley
Chairman Emeritus
Blair McBride
Secretary
Shannon Hicks
Director
Gary Valdez
Director
Allen Plunkett
Director
Suzy Balagia
President
Jon Berry
Treasurer
Patrick Flynn
Director
Matt Martin
Director
Steve Hicks
Director
Quan Cosby
Director
Jay Hanna
Director
John Hampton
Director
Stephanie Phillips
Director
Allison Edwards
Vice President
Sarah Smith
Co-Founder
Richard Suttle
Director
Eric Wright
Director
Robin Ward del Conte
Director
Danielle Delgadillo
Director
Board leadership practices
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? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
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
Gender identity
Sexual orientation
Disability
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- Officer and/or Employee data for 2020, 2019, 2018, 2017, 2016
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