EIN 75-1377874

Sherwood and Myrtie Foster's Home for Children

IRS 501(c) type
501(c)(3)
Num. employees
71
City
Stephenville
State
Year formed
1972
Most recent tax filings
2022-08-01
Description
Sherwood and Myrtie Foster chartered the children’s home in 1958 and the first children were taken into care in the winter of 1960. Since that time, Foster’s Home has provided for the needs of over 4,000 Texas children.
Also known as...
Sherwood and Myrtie Foster Home for Children
Total revenues
$3,602,180
2022
Total expenses
$4,212,126
2022
Total assets
$10,731,570
2022
Num. employees
71
2022

Program areas at Sherwood and Myrtie Foster's Home for Children

Child care and foster care child placement

Grants made by Sherwood and Myrtie Foster's Home for Children

GranteeGrant descriptionAmount
Foster's Home FoundationTo Invest for Future Foster Care$20,423

Who funds Sherwood and Myrtie Foster's Home for Children

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foster's Home FoundationSupport for Operations of the Home$300,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$71,625
Erath County Gateway CorporationCharitable$25,322
...and 8 more grants received

Personnel at Sherwood and Myrtie Foster's Home for Children

NameTitleCompensation
Doug YoungPresident and Chief Executive Officer$104,723
Glenn NewberryChief Donor Relations Officer$122,086
Mike BlevinsSecretary and Treasurer / Director$0
Steve SmithBoard Member$0
James CoxChairman / Secretary / Director$0
...and 1 more key personnel

Financials for Sherwood and Myrtie Foster's Home for Children

RevenuesFYE 08/2022
Total grants, contributions, etc.$2,691,306
Program services$822,918
Investment income and dividends$2,009
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$5,216
Net gain from sale of non-inventory assets$-49,444
Net income from fundraising events$94,536
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$35,639
Total revenues$3,602,180

Form 990s for Sherwood and Myrtie Foster's Home for Children

Fiscal year endingDate received by IRSFormPDF link
2022-082023-06-16990View PDF
2021-082022-07-13990View PDF
2020-082021-07-15990View PDF
2019-082021-02-09990View PDF
2018-082019-07-05990View PDF
...and 8 more Form 990s

Organizations like Sherwood and Myrtie Foster's Home for Children

OrganizationLocationRevenue
Edgewood Children's RanchOrlando, FL$2,923,720
The Children's Home of EastonEaston, PA$4,431,956
Galilean Homes MinistriesLiberty, KY$4,086,909
Woodburn Christian Childrens HomeWoodburn, IN$1,356,905
Albuquerque Christian Children's HomeAlbuquerque, NM$1,104,967
Childrens Home of Lubbock and Family Service AgencyLubbock, TX$6,854,938
The Chase HomePortsmouth, NH$2,207,459
Virginia Home for Boys and Girls (VHBG)Henrico, VA$7,421,029
Tennessee Children's HomeSpring Hill, TN$8,218,633
Children's Center of HamdenHamden, CT$15,927,798
Data update history
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $25,322 from Erath County Gateway Corporation
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 23, 2023
Received grants
Identified 7 new grant, including a grant for $300,000 from Foster's Home Foundation
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Human service organizationsHeadquarter / parent organizationsCharities
Issues
Human services
Characteristics
Fundraising eventsState / local levelAuction fundraisersTax deductible donations
General information
Address
1779 N Graham St
Stephenville, TX 76401
County
Erath County, TX
Website URL
fostershome.org/ 
Phone
(254) 968-2143
IRS details
EIN
75-1377874
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P70: Residential, Custodial Care (Group Home)
NAICS code, primary
623990: Other Residential Care Facilities
Parent/child status
Central organization
Free account sign-up

Want updates when Sherwood and Myrtie Foster's Home for Children has new information, or want to find more organizations like Sherwood and Myrtie Foster's Home for Children?

Create free Cause IQ account