The Forecastle Foundation Inc
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/2011
- Data as of
- 12/2020
- EIN
- 27-3666597
Organization Overview
The Forecastle Foundation Inc is located in Louisville, KY. The organization was established in 2011. 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. Forecastle 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 12/2020, Forecastle Foundation Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
WE HELP PROTECT THE WORLD'S HOTSPOTS BY FINDING PROJECTS THAT ALIGN WITH OUR FOUNDATION'S GOALS. WE WORK WITH A CONSERVATION PARTNER IN THE AREA, RAISING AWARENESS, MONEY AND VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Nichols Chairperson | 1 | $0 | |
Lauren Hendricks Vice-Chair | 1 | $0 | |
Jerry Scrogham Secretary | 1 | $0 | |
Chris Coffman Treasurer | 1 | $0 | |
J K Mcknight Director | 1 | $0 | |
Chris Reitz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,548 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,548 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $816 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $6,211 |
| Total expenses | $42,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,926 |
| Other assets | $0 |
| Total assets | $22,112 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,112 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Forecastle Foundation Inc has recieved totaling $111.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
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|---|---|---|
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |