Fostering Acadia
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To produce better outcomes for youth aging out of the foster care system by providing an apartment-style program to assist youth with daily living skills, employment, and educational support.
- Income
- $8.4 million
- Spending
- $8.3 million
- Spent on programs
- 84%
- Reserves
- 1.5 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 36
- Highest pay
- $158,712, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 42% of charities in its peer group (human services, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.5 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 67 out of 100. Higher than 19% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 255 of 5 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
10 of 10Gave 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
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending June 30, 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 (2)
- $6.9 million spent. Fostering Acadia's mission is to foster hope, change, and futures of youth seeking an independent living arrangement. Fostering Acadia is an independent living arrangement serving youth ages 17-21. It is an apartment-style program that assists youth with daily living skills, employment, and education support. Using case management logs, monthly and quarterly reports, and Individual Service Plans (ISP's), Fostering Acadia implements service goals and objectives for each youth. Fostering Acadia has developed its own standard of completion which measures the most important factors in determining success in adulthood. This includes employment, education, transportation, finances, and permanency. During the tax year, Fostering Acadia served 108 youth, over an average stay of 311 days. During this year, 89$ of youth secured employment, 84% of youth stayed within their established budgets, and 14 youth graduated from high school. During this time, 92% of the enrolled youth increased their independent living skills. Progress in these areas was established in comparison to their ISP, Casey Life Skills Assessments, self-assessment, and FAPT goals.
- $3,000 spent. During the year, Fostering Acadia provided support to other organizations with similar goals (Youth Advocacy) through donations to their programs.
Source: Form 990 for the year ending June 30, 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 October 13, 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 November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.