Forever 18 Inc
- Assets
- $28.4k
- Revenue
- $10.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, OH
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-3811171
Organization Overview
Forever 18 Inc is located in Urbana, OH. The organization was established in 2019. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forever 18 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, Forever 18 Inc generated $10.3k 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 (24.5%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart J Hess President | 1 | $0 | |
Cheryl L Hess Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,279 |
| Interest on Savings | $67 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $256 |
| Other expenses | $5,351 |
| Total operating and administrative expenses | $6,207 |
| Contributions, gifts, grants paid | $6,800 |
| Total expenses and disbursements | $13,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,408 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,408 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forever 18 Inc has awarded $6,800 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NAOMI MCGILL PURPOSE: SCHOLARSHIP | $1,000 |
MANDILYN WEAVER PURPOSE: SCHOLARSHIP | $1,000 |
AFTON OSTERHOLT PURPOSE: SCHOLARSHIP | $500 |
GILLIAN SETTY PURPOSE: SCHOLARSHIP | $1,000 |
HALLIE SMITH PURPOSE: SCHOLARSHIP | $500 |
DENA WILSON PURPOSE: SCHOLARSHIP | $1,000 |