Families Forward Charlotte Inc
- Assets
- $843.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Charlotte, NC
- Founding
- 03/2017
- Data as of
- 06/2024
- EIN
- 82-0790354
Organization Overview
Families Forward Charlotte Inc is located in Charlotte, NC. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Families Forward Charlotte Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Families Forward Charlotte 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 06/2024, Families Forward Charlotte Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.0% each year . All expenses for the organization totaled $1.2m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
FAMILIES FORWARD CHARLOTTE PARTNERS WITH FAMILIES LIVING IN POVERTY IN MECKLENBURG COUNTY, NC. WE PROVIDE INDIVIDUALIZED MENTORING, EDUCATIONAL OPPORTUNITIES AND ESSENTIAL SUPPORT AS WE WALK ALONGSIDE EACH FAMILY ON THEIR JOURNEY TOWARD LONG-TERM STABILITY AND ECONOMIC MOBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SUCCESS LOCAL AREA SCHOOLS REFER FAMILIES IN NEED OF ADDITIONAL BASIC CARE ITEMS AND AIDE IN IDENTIFYING COMMUNITY RESOURCES TO THE ORGANIZATION. THROUGHOUT THE YEAR, THE ORGANIZATION PROVIDES CUSTOMIZED ESSENTIALS BASKETS FILLED WITH TOILETRIES AND HOUSEHOLD GOODS. FINANCIAL ASSISTANCE IS PROVIDED TO FAMILIES BASED ON THEIR INDIVIDUAL NEEDS. EACH FAMILY WITHIN THE PROGRAM IS PROVIDED A FAMILY LIAISON (A VOLUNTEER MENTOR) WHO WORKS WITH THE FAMILIES, ONE-ON-ONE, DURING THE YEAR TO GUIDE THEM TO LIFE-LONG STABILITY. THE MENTORING PROCESS INCLUDES ASSISTING THE FAMILY IN SETTING PERSONAL GOALS AND THEN CONNECTING THEM TO EXISTING COMMUNITY RESOURCES TO AIDE THEM IN ACHIEVING THOSE GOALS. IN ADDITION TO WORKING WITH FAMILIES 4-6 HOURS PER MONTH, PARTICIPATING FAMILIES ARE REQUIRED TO ATTEND MONTHLY WORKSHOPS HOSTED BY THE ORGANIZATION ON TOPICS TO BOOST THEIR LIFE-SKILLS AND KNOWLEDGE OF COMMUNITY RESOURCES INCLUDING, BUT NOT LIMITED TO, FINANCIAL LITERACY, AND JOB-RELATED SKILLS.
STEPS PROGRAMCOVERS LIVING EXPENSES AND PROVIDES SUPPORT FOR FAMILY SUCCESS PROGRAM GRADUATES AS THEY GO BACK TO SCHOOL TO COMPLETE THEIR GED AND POST-SECONDARY DEGREE/CERTIFICATE.
WEEKEND FOOD PACKSTHE ORGANIZATION PROVIDES WEEKEND FOOD PACKS TO CHILDREN LIVING IN FOOD-INSECURE HOUSEHOLDS. THE PACKS PROVIDE WEEKEND AND HOLIDAY MEALS WHEN THE CHILDREN LACK ACCESS TO MEALS PROVIDED THROUGH THEIR LOCAL SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Christian Executive Dir. | Officer | 45 | $66,624 |
Nadine Morgan Secretary | OfficerTrustee | 1 | $0 |
Jazmin Hazbun Director | Trustee | 1 | $0 |
Jason Reinfried Treasurer | OfficerTrustee | 2 | $0 |
David Privitera Director | Trustee | 2 | $0 |
Elaine Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,679 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,094,779 |
| Noncash contributions included in lines 1a–1f | $138,586 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,127,458 |
| Total Program Service Revenue | $0 |
| Investment income | $14,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $180,136 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,324,806 |
| 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. | $71,084 |
| Compensation of current officers, directors, key employees. | $10,663 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,094 |
| Payroll taxes | $36,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,610 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $11,564 |
| All other expenses | $78,402 |
| Total functional expenses | $1,207,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,934 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,500 |
| Accounts receivable, net | $2,767 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,995 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $410,872 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $217,199 |
| Total assets | $843,267 |
| Accounts payable and accrued expenses | $25,830 |
| 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 | $219,133 |
| Total liabilities | $244,963 |
| Net assets without donor restrictions | $551,914 |
| Net assets with donor restrictions | $46,390 |
| 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 | $843,267 |