Fostering Dreams Project
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DANCE AND PERFORMING ARTS PROGRAMS FOR YOUTH IN FOSTER CARE
- Income
- $667,759
- Spending
- $476,987
- Spent on programs
- 76%
- Reserves
- 25.7 months of spending
- Largest source of income
- fees for its services, 78%
- Employees
- 2
- Highest pay
- $113,750, executive di
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 86% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 25.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 53 out of 100. Higher than 22% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
5 of 250 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $248,472 spent. LAUSD'S ARTS AND MUSIC BASED PROGRAM OFFERS FOSTER YOUTH AND OTHER SYSTEM- INVOLVED YOUTH A VALUABLE AVENUE TO ENGAGE WITH DANCE AND ACCESS ART EDUCATION. BEYOND DEVELOPING ARTISTIC SKILLS, THE PROGRAM ALSO SERVES AS A THERAPEUTIC OUTLET, SUPPORTING THEIR SOCIAL AND EMOTIONAL WELL-BEING. BY COMBINING CREATIVE EXPRESSION WITH THERAPEUTIC BENEFITS, FDP EMPOWERS THESE YOUNG INDIVIDUALS TO EXPLORE THEIR EMOTIONS, BUILD CONFIDENCE, AND FOSTER PERSONAL GROWTH. SERVED OVER 13,000 STUDENTS
- $24,650 spent. BENEFITED, ARTS FOR HEALING JUSTICE NETWORK SCHOOL PROGRAMS AND WORKSHOPS: 850 STUDENTS AND EDUCATORS BENEFITED
- $24,693 spent. CALIFORNIA ARTS COUNCIL: 160 YOUTH BENEFITED
- $64,999 spent. OTHER PROJECTS AND PROGRAMS THAT PROVIDE ARTS AND DANCE CLASSES TO YOUTHS
- OTHER PROJECTS AND PROGRAMS THAT PROVIDE ARTS AND DANCE CLASSES TO YOUTHS
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.