Barksdale Forward Inc
- Assets
- $998.8k
- Revenue
- $587.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Shreveport, LA
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 72-1268137
Organization Overview
Barksdale Forward Inc is located in Shreveport, LA. The organization was established in 1995. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Barksdale Forward Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barksdale 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 12/2022, Barksdale Forward Inc generated $587.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $411.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPMENT & PROMOTION OF BARKSDALE AIR FORCE BASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BARKSDALE AIR FORCE BASE SHOW SPONSORS A TWO-DAY BIENNIAL EVENT AT BARKSDALE AIR FORCE BASE TO SHOWCASE THE HOME OF THE B-52S IN A SAFE ENVIRONMENT.
SHREVEPORT-BOSSIER MILITARY AFFAIRS COUNCIL ACTS AS A SUPPORT GROUP AND LIASION BETWEEN CIVILIANS AND BASE COMMAND, SUPPORTING PEOPLE WHO SERVE THE UNITED STATES OF AMERICA WHILE STATIONED AT BARKSDALE AIR FORCE BASE.
DEVELOPMENT & PROMOTION OF BARKSDALE AIR FORCE BASE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Barkley Vice President | OfficerTrustee | 4 | $0 |
Butch Ford Director | Trustee | 2 | $0 |
Mitch Downey Director | Trustee | 2 | $0 |
John George Director | Trustee | 2 | $0 |
Tem Mcelroy Director | Trustee | 2 | $0 |
Justyn Dixon Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $78,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $425,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $523,300 |
| Total Program Service Revenue | $67,050 |
| Investment income | $1,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $587,252 |
| 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. | $98,456 |
| Compensation of current officers, directors, key employees. | $49,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,044 |
| Payroll taxes | $12,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,552 |
| 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 | $12,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,409 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,705 |
| All other expenses | $7,968 |
| Total functional expenses | $411,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $998,788 |
| 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 | $998,788 |
| Accounts payable and accrued expenses | $1,383 |
| 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 | $1,383 |
| Net assets without donor restrictions | $991,234 |
| Net assets with donor restrictions | $6,171 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $998,788 |
Grants Awarded
Over the last fiscal year, Barksdale Forward Inc has awarded $17,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTIC MODELS INC PURPOSE: BASE SUPPORT | $6,000 |
MILITARY AFFAIRS COUNCIL PURPOSE: AIR FORCE SUPPORT | $5,000 |
ATLANTIC MODELS INC PURPOSE: BASE SUPPORT | $6,000 |