Forsyth County Community Bail Fund
- Assets
- $185.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- Data as of
- 12/2023
- EIN
- 84-3509488
Organization Overview
Forsyth County Community Bail Fund is located in Winston Salem, NC. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forsyth County Community Bail Fund 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, Forsyth County Community Bail Fund generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.1%) each year. All expenses for the organization totaled $76.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE BAIL FUND BAILED OUT 143 PEOPLE IN 2022. EXPENSES INCLUDE WIRE TRANSFER SERVICE FEES POST OFFICE BOX FEE WEBSITE HOSTING FEE ANNUAL BOARD PLANNING MEETING COSTS AND BOND THAT HAS BEEN FORFEITED. ASSETS INCLUDE BAIL WE HAVE ALREADY USED TO PAY THAT IS NOW IN THE COURT SYSTEM WAITING FOR THE CASE IT IS ATTACHED TO TO BE RESOLVED SO IT CAN THEN BE RETURNED TO US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kit Kniss Executive Director | 5 | $0 | |
Brianna White Associate Director | 5 | $0 | |
Benjamin Gryder Associate Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,893 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,900 |
| Total expenses | $76,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,066 |
| Other assets | $0 |
| Total assets | $185,904 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,904 |