Forefront Living
- Assets
- $27.3m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Dallas, TX
- Founding
- 04/1984
- Data as of
- 12/2023
- EIN
- 75-1910084
Organization Overview
Forefront Living, operating under the name Forefront Living Foundation, is located in Dallas, TX. The organization was established in 1984. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2023, Forefront Living Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forefront Living Foundation 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, Forefront Living Foundation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Forefront Living Foundation has awarded 16 individual grants totaling $40,113,666. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOREFRONT LIVING FOUNDATION (FLF) RAISES AND MANAGES CHARITABLE FUNDS TO ASSIST THE MISSION. FLF RELIES ON PHILANTHROPY AND FUNDRAISING TO FUND PROJECTS AND SERVICES TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO FOREFRONT LIVING HOSPICE, FOREFRONT LIVING, AND AFFILIATED ORGANIZATIONS TO PROVIDE BENEVOLENT ASSISTANCE TO PATIENTS, DEVELOPMENT OF NEW SERVICES, PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS.
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING, AND AFFILIATED ORGANIZATIONS FOR THE DEVELOPMENT OF NEW SERVICES, PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS TO THE AFFILIATED ORGANIZATION'S CAMPUS.
THE FOUNDATION RAISES AND TRANSFERS CHARITABLE SUPPORT TO THE EMPLOYEE GRANT ASSISTANCE FUND AND PATIENTS FOR FINANCIAL HARDSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Wentworth Chairman | OfficerTrustee | 1 | $0 |
Andy Kaye Walsh Trustee | Trustee | 1 | $0 |
Clark Hodges Trustee | Trustee | 1 | $0 |
David Peacock Trustee | Trustee | 1 | $0 |
Jordan W Cowman Trustee | Trustee | 1 | $0 |
Jon Karp Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $478,609 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,929,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,408,108 |
| Total Program Service Revenue | $0 |
| Investment income | $738,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,111 |
| Net Income from Fundraising Events | -$158,236 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,007,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,841,534 |
| Grants and other assistance to domestic individuals. | $84,972 |
| 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 | $521,074 |
| Pension plan accruals and contributions | $7,613 |
| Other employee benefits | $43,575 |
| Payroll taxes | $33,924 |
| Fees for services: Management | $51,560 |
| Fees for services: Legal | $14,731 |
| Fees for services: Accounting | $17,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,922 |
| Fees for services: Other | $3,276 |
| Advertising and promotion | $41,740 |
| Office expenses | $15,997 |
| Information technology | $56,069 |
| Royalties | $0 |
| Occupancy | $1,367 |
| Travel | $8,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,819,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,262 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $168,709 |
| 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 | $18,634 |
| Net Land, buildings, and equipment | $4,087 |
| Investments—publicly traded securities | $25,841,545 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681,327 |
| Total assets | $27,270,564 |
| Accounts payable and accrued expenses | $29,533 |
| 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 | $719,128 |
| Total liabilities | $748,661 |
| Net assets without donor restrictions | $1,214,870 |
| Net assets with donor restrictions | $25,307,033 |
| 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 | $27,270,564 |
Grants Awarded
Over the last fiscal year, Forefront Living has awarded $1,765,867 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FOREFRONT LIVING HOSPICE PURPOSE: PATIENT BENEVOLENT CARE, BEREAVEMENT AND INTEGRATED THERAPY PROGRAMS, CAPITAL IMPROVEMENTS AND MAINTENANCE | $1,735,921 |
PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING PURPOSE: CAPITAL IMPROVEMENTS AND FUNDING FOR SPECIAL PROGRAMS AND EVENTS | $29,946 |