Foster Advocates
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Foster Advocates is not just our name it's what we do. We foster advocacy, policy change, and organizing by partnering with Fosters and impacted communities. We envision a Minnesota where every person involved in Minnesota's foster care system has the same access to opportunities and outcomes as their non-foster peers. We envision a Minnesota where Foster voices are respected and our community expertise is sought in every aspect of the child welfare system.
- Income
- $976,710
- Spending
- $902,732
- Spent on programs
- 70%
- Reserves
- 1.9 months of spending
- Largest source of income
- donations and private grants, 60%
- Employees
- 9
- Volunteers
- 15
- Highest pay
- $96,454, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 66 out of 100. Higher than 38% of charities in its peer group (human services, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 87% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
15 of 15Its accounts were audited 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, 2024, 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 (1)
- $627,861 spent. This year we successfully organized with our community to address a $5 million funding gap for the Fostering Independence Grant (FIG) in the 2024-25 academic year. Our MN Promise campaign continued, where we hosted our final listening sessions, began data analysis and evaluation, hosted feedback sessions with participants, and initial drafting of the full report. Foster Advocates plans to publicly release the full Minnesota Promise Report, a comprehensive vision for systems-change led by and for Fosters, in 2025. Our Community Board finished its third year, and we expanded our MN Promise Committee to include more participants from our listening sessions. Additionally, we launched our Foster specific college pilot model, to increase support at colleges, and ensure success for MN Fosters in higher education. There is much to be done to ensure Minnesota meets its promise to all Fosters, and we are making significant progress on that thanks to our Foster leaders.
Source: Form 990 for the year ending December 31, 2024, 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 December 2024.
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 October 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.