FOSTER PROGRESS

CHICAGO, IL, 60645-3404 (773) 793-0951 Est. 2015 EIN 47-3959210

P32— Human Services Form 990 501(c)(3)

Mission

Empower Illinois youth currently or formerly in foster care to attain a college degree and transition into adulthood successfully by providing mentorship, advocacy, and educational opportunity.

Financials

Total Revenue

$769,803

Total Expenses

$698,309

Net Assets

$435,259

27 employees 40 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

7.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 9.2%

Expenses ↑ 14.5%

Revenue Sources

Contributions 101.6% Investment 0.5%

Expense Breakdown

Program 78.6% Management 10.7% Fundraising 10.6%

Officers & Key Employees (8)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (11)

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jul 1, 2024 to Jun 30, 2025	$769,803 ↑	$698,309	$435,259
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$704,899 ↑	$610,022	$363,765
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$512,016 ↑	$351,818	$263,690
2021 Form 990-EZ Jun 1, 2021 to Jun 30, 2021	$52,898 ↓	$15,479	$93,984
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$309,722 ↑	$300,070	$103,636
2020 Form 990-EZ Jun 1, 2020 to May 31, 2021	$151,361	$155,759	$56,565