Forward In The Fifth Inc
- Assets
- $0.0
- Revenue
- $160.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, KY
- Founding
- Data as of
- 05/2018
- EIN
- 61-1109074
Organization Overview
Forward In The Fifth Inc is located in Somerset, KY. Forward In The Fifth 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 05/2018, Forward In The Fifth Inc generated $160.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $40.9k during the year ending 05/2018. As we would expect to see with falling revenues, expenses have declined by (43.0%) per year over the past 3 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE COMMUNITY STAKEHOLDERS TO COMMUNICATE AND ADVANCE THE VALUE OF EDUCATION. TO SERVE AS ADVOCATES TO ADVANCE ALL EDUCATION SYSTEMS TO INCREASE EDUCATIONAL ATTAINMENT. TO SUPPORT SCHOOLS AND STAKEHOLDERS TO SECURE THE NEEDED RESOURCES TO IMPROVE THE QUALITY OF EDUCATION WITHIN THEIR LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS TO BRING COMMUNITIES AND SCHOOLS TOGETHER TO ENSURE THAT ALL CHILDREN HAVE THE EDUCATIONAL OPPORTUNITIES NECESSARY TO LIVE FULL PRODUCTIVE LIVES.
THE ORGANIZATION WORKS TO BRING COMMUNITIES AND SCHOOLS TOGETHER TO ENSURE THAT ALL CHILDREN HAVE THE EDUCATIONAL OPPORTUNITIES NECESSARY TO LIVE FULL PRODUCTIVE LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Harp Chair | OfficerTrustee | 3 | $0 |
Ann C Hacker Vice Chair | OfficerTrustee | 3 | $0 |
Delaney Stephens Secretary/tr | OfficerTrustee | 3 | $0 |
Dr Paula Little Member | Trustee | 1 | $0 |
Dr Jim Evans Jr Member | Trustee | 1 | $0 |
Noel Crum Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,510 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,250 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,279 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $37 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $405 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $126 |
| Total functional expenses | $40,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |