Forever Families Foundation Inc
- Assets
- $17.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dothan, AL
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 46-3911269
Organization Overview
Forever Families Foundation Inc is located in Dothan, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forever Families 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, Forever Families Foundation Inc generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 5 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
AUCTION INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Sanders Director And President | 20 | $0 | |
Stephen Sanders Director And Vice President | 2 | $0 | |
Kelly Colbert Director And Secretary | 2 | $0 | |
Brad Reese Director | 2 | $0 | |
Michelle Colbert Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,192 |
| 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 | $7,192 |
| 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 | $911 |
| Occupancy, rent, utilities, and maintenance | $887 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45 |
| Total expenses | $6,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,854 |
| Other assets | $0 |
| Total assets | $17,854 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,854 |