Nonprofit screen
Screen a listForward Cities Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.7Mrevenue
FY2024 · −30% in 3 yrs9staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin16.3%
Months of reserve4.8mo
Revenue growth (annualized)+9.5%
Middle half of peersMedianForward Cities
Where the money goes FY2024 · $1.4M spent
Programs$1.0M71%Management and general$396k27%Fundraising$19k1%990 FY2024 · Part IX line 25
Worth checking2
Federal awards stopped after FY2021
$1000k in FY2021, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$394k in FY2022 and −$488k in FY2023. Cash covers 4.8 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort32funders
$820ka year, last 3 years
65%from its largest funder
Funder’17’18’19’20’21’22’23Ewing Marion Kauffman FoundationStopped after FY2022$430k$645k$1.3M$1.1M$475k–The Ford FoundationStopped after FY2019$300k$300k$300k–Jpmorgan Chase FoundationSince FY2021$450k$75k$40Richard King Mellon FoundationStopped after FY2020$425k$90k–Local Initiatives Support CorporationStopped after FY2020$150k$83k$63k–Truist Foundation IncNew in FY2023$250kDonor-advised giftsDonors not disclosed$77k$178k$468k$453k$14k$5$1111 other fundersUp to $225k a year each$8k$300k$20k$255k$50k$20k$5k
FundedThrough a donor-advised fundStopped