Foundation Forward Inc
- Assets
- $530.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Valdese, NC
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-3641483
Organization Overview
Foundation Forward Inc is located in Valdese, NC. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Foundation Forward Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Forward 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, Foundation Forward Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $848.5k during the year ending 12/2021. While expenses have increased by 11.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR FOUNDING FATHERS PENNED THE DECLARATION OF INDEPENDENCE, THE UNITED STATES CONSTITUTION AND THE BILL OF RIGHTS. THESE DOCUMENTS HAVE SECURED THE FREEDOM AND RIGHTS OF THE AMERICAN PEOPLE. THESE THREE DOCUMENTS ARE KNOWN AS YOUR CHARTERS OF FREEDOM. FOUNDATION FORWARD, INC. IS AN EDUCATIONAL PROJECT BUILDING YOUR CHARTERS OF FREEDOM MONUMENTS IN COMMUNITIES ACROSS THE COUNTRY. OUR PASSION IS TO PROVIDE EASY ACCESS FOR ALL TO THESE FOUNDING DOCUMENTS. OUR VISION IS TO PROVIDE THIS ACCESS AND EDUCATION IN ALL COMMUNITIES IN THE UNITED STATES OF AMERICA. OUR GOAL IS TO EDUCATE AND PRESERVE AMERICAN HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE DEDICATED 7 SETTINGS IN 2021, ANOTHER 16 SETTINGS IN DIFFERENT STAGES OF WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Snider Director | Trustee | 40 | $70,000 |
Michael Unruh Director | Trustee | 40 | $50,000 |
Vance Patterson Chairman | OfficerTrustee | 10 | $0 |
Connie Snider Secretary | Trustee | 2 | $0 |
Brent Davenport Director | Trustee | 2 | $0 |
Troy Duckworth Director | Trustee | 2 | $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 | $1,121,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,121,178 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,121,178 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $382,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,679 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,106 |
| Office expenses | $38,803 |
| Information technology | $687 |
| Royalties | $0 |
| Occupancy | $12,034 |
| Travel | $27,680 |
| 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 | $18,285 |
| Insurance | $15,970 |
| All other expenses | $17,929 |
| Total functional expenses | $848,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,674 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,678 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $510,185 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,982 |
| Other assets | $0 |
| Total assets | $530,519 |
| Accounts payable and accrued expenses | $21,250 |
| 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 | $21,250 |
| Net assets without donor restrictions | $0 |
| 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 | $509,269 |
| Total liabilities and net assets/fund balances | $530,519 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation Forward Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
The Hedrick Family Foundation Inc Salisbury, NC PURPOSE: CHARITABLE USE | $2,000 |
The Hedrick Family Foundation Inc Salisbury, NC PURPOSE: CHARITABLE USE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carolina Partnership For Reform Inc Raleigh, NC | $581,254 | $4,602,025 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |
Earth Intelligence Network Oakton, VA | $0 | $2,617,616 |
Kamileons Kloset Professional Development Inc Atlanta, GA | $890,251 | $2,826,364 |
Buncombe County Service Foundation Inc Asheville, NC | $1,474,367 | $2,674,915 |
Southern Vision Alliance Durham, NC | $3,563,580 | $4,522,849 |
Greater Richmond Partnership Inc Richmond, VA | $4,346,448 | $3,713,858 |
City Leadership Memphis, TN | $971,651 | $2,281,732 |
Sam Action Alexandria, VA | $8,320,772 | $4,314,284 |
Highland Food Pantry Inc Winchester, VA | $687,411 | $1,539,039 |