Forai Inc
- Assets
- $82.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 05/2014
- Data as of
- 04/2024
- EIN
- 27-2817405
Organization Overview
Forai Inc is located in Saint Louis, MO. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forai 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 04/2024, Forai Inc generated $126.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $129.8k during the year ending 04/2024. While expenses have increased by 2.7% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Koepke President | 2 | $0 | |
Rachel Doude Secretary | 1 | $0 | |
Amy Jensen Treasurer | 1 | $0 | |
Andrew Bolin Financial Advisor | 1 | $0 | |
Jo Anne Ducharme Administrative Assistant | 2 | $0 | |
Jennifer Owens Ex Officio | 25 | $32,717 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,375 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43,984 |
| Other Revenue | $495 |
| Total Revenue | $126,830 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,924 |
| Professional fees and other payments to independent contractors | $5,493 |
| Occupancy, rent, utilities, and maintenance | $6,495 |
| Printing, publications, postage, and shipping | $8,145 |
| Other expenses | $10,717 |
| Total expenses | $129,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,849 |
| Other assets | $0 |
| Total assets | $82,902 |
| Total liabilities | $85,846 |
| Net assets or fund balances | -$2,944 |