Sherwood & Myrtie Foster's Home for Children
Sherwood & Myrtie Foster's Home for Children reported $15.4 million in revenue and $13.4 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $81.05 went to program services, $15.66 to management and general costs and $3.29 to fundraising. Its largest source of revenue was contributions and grants: 93.5% of the total. The highest compensation it reported for one person was $152,644 (PRESIDENT/CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 226% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.7% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.5% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.7% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $152,644 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.14% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.4 | 6.8 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 40.00 hrs/week | $129,750 | $0 | $22,894 | $152,644 |
| VICE PRESIDENT Officer, 40.00 hrs/week | $91,873 | $0 | $20,175 | $112,048 |
| VICE PRESIDENT Officer, 40.00 hrs/week | $83,214 | $0 | $19,066 | $102,280 |
| VICE PRESIDENT/TREASURER Officer, 40.00 hrs/week | $77,333 | $0 | $19,469 | $96,802 |
| VICE PRESIDENT Officer, 40.00 hrs/week | $80,075 | $0 | $8,265 | $88,340 |
| VICE PRESIDENT Officer, 40.00 hrs/week | $69,690 | $0 | $18,621 | $88,311 |
1 people received more than $100,000 in reportable compensation from Sherwood & Myrtie Foster's Home for Children (Part VII, line 2). Compensation of current officers, directors and key employees totaled $645K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b11 · 11 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 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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 26No
- 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 569
- Volunteers Part I, line 6168
Private foundation grants it received
2 private foundations reported grants to Sherwood & Myrtie Foster's Home for Children totaling $1,374 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 Sherwood & Myrtie Foster's Home for Children's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sherwood & Myrtie Foster's Home for Children, you can publish a response that is linked from this page.
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Of every $100 Sherwood & Myrtie Foster's Home for Children spent in FY2025, $81.05 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Sherwood & Myrtie Foster's Home for Children's spending goes to programs?
In the fiscal year ending August 31, 2025, Sherwood & Myrtie Foster's Home for Children reported that 81.0% of its $13.4 million in expenses went to program services, 15.7% to management and general and 3.3% to fundraising (Form 990, Part IX).
How much does Sherwood & Myrtie Foster's Home for Children pay its top executive?
The largest total compensation Sherwood & Myrtie Foster's Home for Children reported for one person in the fiscal year ending August 31, 2025 was $152,644, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Sherwood & Myrtie Foster's Home for Children get its money?
Of $15.4 million in revenue in the fiscal year ending August 31, 2025, 93.5% came from contributions and grants and 4.7% from program service revenue (Form 990, Part VIII).
Is Sherwood & Myrtie Foster's Home for Children a registered charity?
The IRS lists EIN 75-1377874 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
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202610499349301526 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531959349300943 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202431769349301178 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202311679349301101 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202221949349300232 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202111969349302101 · read the filing
All filings for EIN 75-1377874: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.