The Forge For Families Inc
- Assets
- $7.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 33
- Location
- Houston, TX
- Founding
- 02/1996
- Data as of
- 12/2023
- EIN
- 76-0485959
Organization Overview
The Forge For Families Inc is located in Houston, TX. The organization was established in 1996. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Forge For Families Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forge For Families 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 12/2023, Forge For Families Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLISTICALLY EQUIP FAMILIES TO FULFILL THEIR GOD-GIVEN POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AFTER-SCHOOL ENRICHMENT PROGRAM SERVED APPROXIMATELY 60 PARENTS AND CHILDREN DURING THE TWO SCHOOL YEARS 2021-2022 AND 2022-2023. THE PROGRAM'S PRIMARY OPERATION IS FROM 3:00PM - 6:30PM MONDAY THROUGH FRIDAY DURING THE SCHOOL YEAR. THE MAINSTAY OF THE PROGRAM IS TO BECOME AN EXTENSION OF THE CLASSROOM BY PROVIDING HOMEWORK HELP AND TUTORING IN MATH AND READING. COMPUTER-BASED READING AND MATH ASSESSMENT SOFTWARE IS USED TO MEASURE AND ASSESS PROGRESS THROUGHOUT THE YEAR. PARENTAL INVOLVEMENT IS ENCOURAGED THROUGH VOLUNTEERING.
THE FORGE ATHLETIC DISCIPLESHIP PROGRAM INCLUDES AN INTERNAL BASKETBALL LEAGUE FOR YOUTH AGES 5-10, AND THREE AAU BASKETBALL TEAMS. THE AAU TEAMS COMPETE IN LOCAL, REGIONAL, AND OUT OF TOWN TOURNAMENTS WITHIN 5 HOURS.
THE FORGE SUMMER CLUB SERVED OVER 108 STUDENTS FOR 8 WEEKS DURING THE SUMMER. THE GOAL WAS TO PROVIDE STUDENTS A FUN EXPERIENCE, WHILE MEETING THE PRACTICAL CHILD CARE NEEDS FOR PARENTS. DAILY ACTIVITIES CONSISTED OF ORGANIZED TEAM SPORTS ACTIVITIES, ACADEMIC DEVELOPMENT, CHARACTER DEVELOPMENT, AND WEEKLY FIELD TRIPS. THE ACADEMIC DEVELOPMENT ACTIVITIES WERE DESIGNED TO HELP STUDENTS RETAIN WHAT THEY HAD LEARNED DURING THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wynne Vice Chairman | OfficerTrustee | 2 | $0 |
Jack Burgher Board Member | OfficerTrustee | 2 | $0 |
Clint B Bawcom Board Member | Trustee | 2 | $0 |
Dr Dz Cofield Board Member | Trustee | 2 | $0 |
Debbie L Cosby Board Member | Trustee | 2 | $0 |
Will Franklin Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $956,822 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $703,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,660,442 |
| Total Program Service Revenue | $174,783 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,296 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$168,605 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,813,977 |
| 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 | $110,416 |
| Other salaries and wages | $903,746 |
| 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 | $25,050 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,497 |
| 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 | $168,930 |
| Insurance | $71,987 |
| All other expenses | $43,761 |
| Total functional expenses | $1,710,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,437,370 |
| Savings and temporary cash investments | $587,000 |
| 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 | $2,650 |
| Net Land, buildings, and equipment | $3,941,516 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,562 |
| Total assets | $6,975,098 |
| Accounts payable and accrued expenses | $9,693 |
| 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 | $38,073 |
| Total liabilities | $47,766 |
| Net assets without donor restrictions | $6,785,829 |
| Net assets with donor restrictions | $141,503 |
| 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 | $6,975,098 |