Pay It Forward
- Assets
- $170.7k
- Revenue
- $114.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 03/2014
- Data as of
- 12/2023
- EIN
- 46-0894792
Organization Overview
Pay It Forward is located in Bentonville, AR. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pay It Forward 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 12/2023, Pay It Forward generated $114.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $109.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Estes Chair | 1 | $0 | |
Chris Wewers Vice Chair | 1 | $0 | |
Chad Kauffman Director | 1 | $0 | |
Khe-Shun Robinson-Henry Director | 1 | $0 | |
Robbie Estes Treasurer & | 5 | $0 | |
Anita Hargett Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $274 |
| Dividends & Interest | $5,176 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,345 |
| Capital Gain Net Income | $109,345 |
| Net ST Capital Gain | $62,137 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,085 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $676 |
| Total operating and administrative expenses | $2,761 |
| Contributions, gifts, grants paid | $106,450 |
| Total expenses and disbursements | $109,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,027 |
| Savings and temporary cash investments | $158,664 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $170,691 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |