Forward Advantage Foundation Inc
- Assets
- $919.8k
- Revenue
- $209.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 27-2486418
Organization Overview
Forward Advantage Foundation Inc is located in Fresno, CA. The organization was established in 2013. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forward Advantage Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Forward Advantage Foundation Inc generated $209.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $330.6k during the year ending 12/2021. While expenses have increased by 25.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Forward Advantage Foundation Inc has awarded 20 individual grants totaling $1,211,096. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FORWARD ADVANTAGE FOUNDATION INC'S MISSION IS TO HELP IMPROVE POVERTY RATES AND LIVING CONDITIONS WITHIN OUR LOCAL COMMUNITIES AND KENYA THROUGH FUNDRAISING AND OUTREACH EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED FINANCIAL SUPPORT TO TEN LOCAL CHARITABLE ORGANIZATIONS AND ORGANIZED VARIOUS FOOD DONATION DRIVES WITHIN THE LOCAL COMMUNITIES. INITIATIVES INCLUDE SUPPORTING A HEALTH CLINIC AND HOSPICE IN KENYA, DIGGING WELLS FOR CLEAN WATER, AND ESTABLISHING A 22 ACRE FARM IN KIPKAREN TO INTRODUCE NEW CROPS AND AGRICULTURAL TECHNIQUES. FORWARD ADVANTAGE IS ALSO FUNDING THE LAUNCH OF A FAMINE RELIEF PROGRAM IN KENYA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Roggenstein President | Trustee | 2 | $0 |
Melissa Roggenstein Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,041 |
| Total Program Service Revenue | $0 |
| Investment income | $15,529 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $328,977 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $597 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $656 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $330,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,924 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,635 |
| Investments—publicly traded securities | $798,791 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $919,773 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $919,773 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $919,773 |
Grants Awarded
Over the last fiscal year, Forward Advantage Foundation Inc has awarded $316,591 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Fresno, CA PURPOSE: Community Medical Services | $100,000 |
Fresno, CA PURPOSE: Education | $79,799 |
Alta Loma, CA PURPOSE: Medical care in Kenya | $54,500 |
Fresno, CA PURPOSE: Education | $45,000 |
FEED MY SHEEP MINISTRY PURPOSE: Communiuty Service | $19,146 |
Fresno, CA PURPOSE: Education | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Forward Advantage Foundation Inc has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
The Rauch Family Foundation Upland, CA PURPOSE: UNRESTRICTED ANNUAL GIVING | $10,000 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: MATCHING GIFT TO CIVIC AGENCY | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Fund For Women Inc San Francisco, CA | $103,403,136 | $40,845,531 |
Visions Global Empowerment Irvine, CA | $561,307 | $5,874,990 |
Child Aid Portland, OR | $2,720,496 | $2,773,488 |
Association For Better Living And Education Los Angeles, CA | $7,400,562 | $2,011,796 |
Makindu Childrens Program Eugene, OR | $340,871 | $366,490 |
International Funders For Indigenous Peoples San Francisco, CA | $910,298 | $419,978 |
Galilee International Us Fremont, CA | $211,715 | $386,087 |
Forward Advantage Foundation Inc Fresno, CA | $919,773 | $209,570 |
Fulbright Us Uk Foundation San Francisco, CA | $34,228 | $206,297 |
Water Underground Long Beach, CA | $20,917 | $171,387 |
Caring For China Inc Santa Ana, CA | $42,100 | $0 |
Awaso Hope Foundation Los Altos, CA | $29,437 | $0 |