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Human Services : Homeless Services

ForKids

Breaking the cycle of homelessness and poverty for families and children

four stars

94.74

4200 Colley Avenue Norfolk, VA 23508
tel: (757) 622-6400   Web Site
EIN: 54-1477799

Board Leadership
Kim Simon Fink
Chairman

CEO
Thaler McCormick
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 94.74 four stars
  Financial 97.50 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

97.50

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.1%
  Administrative Expenses 6.4%
  Fundraising Expenses 8.4%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.93
  Program Expenses Growth 12.4%
  Liabilities to Assets 3.2%
All data for Financial Performance Metrics calculations was provided by ForKids on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ForKids on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
ForKids (VA) 94.74 four stars
Volunteer Ministry Center (TN) 86.19 three stars
United Methodist Open Door (KS) 87.55 three stars
Abode Services (CA) 92.74 four stars
Samaritan Ministry of Greater Washington (DC) 86.70 three stars

Compare These Charities (Highly Rated)

ForKids is a non-profit agency founded in 1988 with a mission to break the cycle of homelessness and poverty for families and children. Today, ForKids is the largest service provider for homeless families in the state of Virginia. ForKids currently serves up to 165 families on any given day with over 350 children throughout South Hampton Roads. The agency provides housing, education and vital services for families experiencing homelessness or at imminent risk of homelessness. Services include counseling, tutoring, field trips, summer camps, classes in life skills, parenting, budgeting, and case management. Additional education and outreach services are provided through the ForKids in Schools program and ForKids' Regional Housing Crisis Hotline. Over the last 12 months, ForKids received over 18,000 calls from those seeking assistance in Hampton Roads.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,923,959
   Federated Campaigns $297,671
   Membership Dues $0
   Fundraising Events $384,885
   Related Organizations $0
   Government Grants $2,562,219
Total Contributions $6,168,734
   Program Service Revenue $177,485
Total Primary Revenue $6,346,219
   Other Revenue $163,466
TOTAL REVENUE $6,509,685
   
EXPENSES  
   Program Expenses $5,068,140
   Administrative Expenses $399,973
   Fundraising Expenses $538,140
TOTAL FUNCTIONAL EXPENSES $6,006,253
   
Payments to Affiliates $0
Excess (or Deficit) for the year $503,432
   
Net Assets $4,736,011

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
ForKids has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 07/01/2016 94.74 four stars
2014-06 06/01/2016 96.66 four stars
 
CN 2.0
2014-06 09/01/2015 95.97 four stars
2013-06 10/01/2014 97.00 four stars
2012-06 08/01/2013 91.75 four stars
2011-06 06/01/2012 92.14 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-1477799
Name in IRS Master File FORKIDS INC
NTEE Code L41
NTEE Classification Homeless, Temporary Shelter For
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (399) Other housing activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1989
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$136,061 2.26% J Thaler McCormick CEO

ForKids is a non-profit agency founded in 1988 with a mission to break the cycle of homelessness and poverty for families and children. Today, ForKids is the largest service provider for homeless families in the state of Virginia. ForKids currently serves up to 165 families on any given day with over 350 children throughout South Hampton Roads. The agency provides housing, education and vital services for families experiencing homelessness or at imminent risk of homelessness. Services include counseling, tutoring, field trips, summer camps, classes in life skills, parenting, budgeting, and case management. Additional education and outreach services are provided through the ForKids in Schools program and ForKids' Regional Housing Crisis Hotline. Over the last 12 months, ForKids received over 18,000 calls from those seeking assistance in Hampton Roads.

Highly Rated

Charity Name & State Overall Score Overall Rating
ForKids (VA) 94.74 four stars
Abode Services (CA) 92.74 four stars
Home Sweet Home Ministries (IL) 88.87 three stars
Share Our Selves (CA) 94.02 four stars
Inspiration Corporation (IL) 88.45 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

ForKids
4200 Colley Avenue
Norfolk, VA 23508
tel: (757) 622-6400
fax: (757) 622-3837
EIN: 54-1477799

Visit Web Site

Board Leadership

Kim Simon Fink
Chairman

CEO

Thaler McCormick
Chief Executive Officer

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