New Foster Care Inc
Bloomfield Hills, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,683,374↑53% | $3,088,662↑208% | $6,736,318↑31% | — |
| 2022 | $3,057,622↑921% | $1,001,772↑46% | $5,140,379↑57% | — |
| 2021 | $299,494↓81% | $686,119↑6% | $3,273,344↓12% | — |
| 2020 | $1,616,088↑10% | $647,568↓5% | $3,711,997↑35% | — |
| 2019 | $1,468,899↑20% | $683,617↑43% | $2,754,728↑39% | — |
| 2018 | $1,225,431↓7% | $476,883↑342% | $1,988,053↑64% | — |
| 2017 | $1,317,462 | $107,815 | $1,214,926 | — |
Frequently Asked Questions
What does New Foster Care Inc do?▼
New Foster Care Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P32 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Foster Care Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Foster Care Inc has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Foster Care Inc generate?▼
New Foster Care Inc reports $4.4M in annual revenue and holds $9.5M in total assets, based on IRS filings.
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