Charity Impact Media

Home › Human services

FaithBridge Foster Care

Alpharetta, GA · EIN 20-5162251 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

FaithBridge Foster Care reported $11.3 million in revenue and $10.8 million in expenses for calendar year 2024. Of every $100 it spent, $91.32 went to program services, $5.12 to management and general costs and $3.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 55.0% of the total. The highest compensation it reported for one person was $223,472 (VP Marketing and Community Engagement). 4 people received more than $100,000 in reportable compensation. Revenue rose 71% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $11M

Other revenue was negative: −$32,203. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
5.1%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
45.0%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
55.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$223,472$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.06%1.18%
People paid over $100,000
Part VII, line 2
46
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.06.9
Independent voting board members
Part VI 1a–1b
4 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$5.2M expenses · 52.6% of program spending · revenue $6.2M

Foster Child and Foster Family Support: FaithBridge provides placement support and trauma-informed case management services for foster children who are placed in FaithBridge foster family homes. FaithBridge foster children range from birth to 21 years of age and all have entered foster care due to abuse and/or neglect. In 2024, FaithBridge served a total of 290 children. We saw 73 children reunified with their birth families and when returning home was not possible, 37 children were adopted by their FaithBridge foster family

$3.1M expenses · 31.8% of program spending · grants $2.0M

Support for Young Adults Aging Out of Care: FaithBridge Youth Opportunities assists young adults in Georgia, between the ages of 18 and 26, who have aged out of foster care on their journey into adulthood. Young adults are provided with financial assistance (to support room and board, transportation, tuition, education supplies, healthcare, and other living assistance), life coaching, and enrollment support into post-secondary institutions. FaithBridge Youth Opportunities assisted more than 296 young adults with financial assistance, life coaching, and enrollment support to achieve acceptance…

$527K expenses · 5.3% of program spending

Adoption and Child Life History: Each year, approximately 1,600 children in Georgia's foster care system need families who will adopt them. FaithBridge works to find adoptive homes for these children - specifically teens, sibling groups of three or more, and children with special needs. FaithBridge also works with the State of Georgia to provide Child Life Histories (compilations of official documents such as birth certificates and medical histories, and historical information like birth family details and school records) for children who are eligible for adoption, ensuring that they have all…

$1.0M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VP Marketing and Community Engagement
Highest compensated employee, 40.0 hrs/week
$169,061$0$54,411$223,472
VP of Foster Care Ops
Highest compensated employee, 40.0 hrs/week
$139,383$0$51,057$190,440
Vice President of Youth Opportunities
Highest compensated employee, 40.0 hrs/week
$127,713$0$29,750$157,463
Vice President of Finance
Officer, 40.0 hrs/week
$138,327$0$13,330$151,657

4 people received more than $100,000 in reportable compensation from FaithBridge Foster Care (Part VII, line 2). Compensation of current officers, directors and key employees totaled $152K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$11M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$11M91.3%$1.8M$223,472
2023 ⓘ$7.9M$8.1M88.5%$1.4M$218,754
2022 ⓘ$7.7M$7.4M89.5%$1.6M$188,015
2021 ⓘ$7.7M$6.9M90.3%$1.2M$142,421
2020 ⓘ$7.1M$7.1M90.0%$471K$134,664
2019 ⓘ$6.6M$6.6M88.5%$459K$156,807

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 560
  • Volunteers Part I, line 6174

Private foundation grants it received

9 private foundations reported grants to FaithBridge Foster Care totaling $217K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from FaithBridge Foster Care's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for FaithBridge Foster Care, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Georgia

Questions people ask

How much of FaithBridge Foster Care's spending goes to programs?

In calendar year 2024, FaithBridge Foster Care reported that 91.3% of its $10.8 million in expenses went to program services, 5.1% to management and general and 3.6% to fundraising (Form 990, Part IX).

How much does FaithBridge Foster Care pay its top executive?

The largest total compensation FaithBridge Foster Care reported for one person in calendar year 2024 was $223,472, for the role of VP Marketing and Community Engagement (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does FaithBridge Foster Care get its money?

Of $11.3 million in revenue in calendar year 2024, 45.0% came from contributions and grants and 55.0% from program service revenue (Form 990, Part VIII).

Is FaithBridge Foster Care a registered charity?

The IRS lists EIN 20-5162251 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523159349301837 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202401949349300035 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323049349302177 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202211469349300421 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202131349349303978 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202011509349301126 · read the filing

All filings for EIN 20-5162251: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.