Civic Intelligence

Forward Cities Inc.

990 • Fiscal year 2018 • EIN 13-4302280

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 15, 2020

Organization ProfileFORWARDCITIES.ORG

View Organization Page

703 Foster StreetDurham, NC 27701

(919) 928-4480

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.30x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.14x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

95th percentile

93%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

57%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$655,260

Up $316,067 (+93%) from 2017

Net Assets

Up

$457,601

Up $332,986 (+267%) from 2017

Liabilities

Down

$197,659

Down $16,919 (-7.9%) from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin80th percentile

Revenue

Up

$1,431,165

Up $518,412 (+57%) from 2017

Expenses

Up

$1,098,179

Up $339,052 (+45%) from 2017

Net Income

Up

$332,986

Up $179,360 (+117%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,674,912Liabilities 2010: $298,097Net Assets 2010: $2,376,8152010Assets 2011: $2,582,007Liabilities 2011: $276,333Net Assets 2011: $2,305,6742011Assets 2012: $1,831,687Liabilities 2012: $161,223Net Assets 2012: $1,670,4642012Assets 2013: $1,445,850Liabilities 2013: $61,018Net Assets 2013: $1,384,8322013Assets 2014: $202,962Liabilities 2014: $184,667Net Assets 2014: $18,2952014Assets 2015: $170,915Liabilities 2015: $147,639Net Assets 2015: $23,2762015Assets 2016: $251,086Liabilities 2016: $280,097Net Assets 2016: -$29,0112016Assets 2017: $339,193Liabilities 2017: $214,578Net Assets 2017: $124,6152017Assets 2018: $655,260Liabilities 2018: $197,659Net Assets 2018: $457,6012018Assets 2019: $1,137,143Liabilities 2019: $155,683Net Assets 2019: $981,4602019Assets 2020: $889,550Liabilities 2020: $108,452Net Assets 2020: $781,0982020Assets 2021: $1,196,373Liabilities 2021: $47,162Net Assets 2021: $1,149,2112021Assets 2022: $790,542Liabilities 2022: $0Net Assets 2022: $790,5422022Assets 2023: $303,010Liabilities 2023: $0Net Assets 2023: $303,0102023Assets 2024: $583,572Liabilities 2024: $0Net Assets 2024: $583,5722024

Highlighted filing

2018

Assets$655,260
Liabilities$197,659
Net Assets$457,601
Open 2018 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,231,2442010Expenses 2011: $1,628,8972011Expenses 2012: $1,888,0192012Revenue 2013: $969,054Expenses 2013: $1,127,251Net Income 2013: -$158,1972013Revenue 2014: $650,143Expenses 2014: $2,016,680Net Income 2014: -$1,366,5372014Revenue 2015: $904,671Expenses 2015: $899,690Net Income 2015: $4,9812015Revenue 2016: $663,887Expenses 2016: $716,174Net Income 2016: -$52,2872016Revenue 2017: $912,753Expenses 2017: $759,127Net Income 2017: $153,6262017Revenue 2018: $1,431,165Expenses 2018: $1,098,179Net Income 2018: $332,9862018Revenue 2019: $2,778,625Expenses 2019: $2,364,766Net Income 2019: $413,8592019Revenue 2020: $2,482,768Expenses 2020: $2,683,130Net Income 2020: -$200,3622020Revenue 2021: $2,460,187Expenses 2021: $2,092,074Net Income 2021: $368,1132021Revenue 2022: $1,860,427Expenses 2022: $2,254,056Net Income 2022: -$393,6292022Revenue 2023: $1,072,854Expenses 2023: $1,560,386Net Income 2023: -$487,5322023Revenue 2024: $1,726,446Expenses 2024: $1,445,884Net Income 2024: $280,5622024

Highlighted filing

2018

Revenue$1,431,165
Expenses$1,098,179
Net Income$332,986
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 15, 2020
Return Version
2018v3.1
Gross Receipts
$1,431,165
Mission and Program Overview

Mission

Ceos for cities connects cross sector leaders with each other and with the smartest ideas and practices for moving the needle on the key dimensions of city success.

To create opportunities for shared prosperity through inclusive and equitable entrepeneurial ecosystem development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$245,310$376,295▲ $130,985
Cash and Non-Interest-Bearing Accounts$26,319$277,465▲ $251,146
Pledges and Grants Receivable$60,000$0▼ $60,000
Prepaid Expenses and Deferred Charges$7,564$0▼ $7,564
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$339,193$655,260▲ $316,067
Other Assets Total-$1,500-
Liabilities
Deferred Revenue$190,000$172,500▼ $17,500
Accounts Payable and Accrued Expenses$24,578$25,159▲ $581
Total Liabilities$214,578$197,659▼ $16,919
Net Assets / Fund Balance
Unrestricted Net Assets$124,615$457,601▲ $332,986
Total Net Assets Fund Balance$124,615$457,601▲ $332,986
Total Liabilities and Net Assets / Fund Balance$339,193$655,260▲ $316,067
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Christopher GergenCEOFT$151,875$151,875

Board Members and Trustees

NameTitle
Brian PayneChair
Walker SandersVice Chair
Maurice JonesMember
Melissa BradleyMember
Paul S GroganMember
Tawanna BlackMember
Cathy BelkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$530,891
Program Service Revenue
$877,500
Investment Income
$0
Other Revenue
$22,774
All Other Contributions
$455,130
Change in Net Assets
$332,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,657
Salaries, Compensation, and Employee Benefits$450,522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$334,858--$334,858
Other Salaries and Wages$140,764$93,842-$234,606
Current Officers, Directors, Trustees, and Key Employees$91,125$60,750-$151,875
Fees for Services Other$89,185--$89,185
Travel$88,038--$88,038
Payroll Taxes$38,425$25,616-$64,041
Office Expenses-$34,785-$34,785
Fees for Services Accounting-$30,349-$30,349
Information Technology-$25,839-$25,839
Advertising$16,500--$16,500
Occupancy-$13,500-$13,500
Other Expenses$12,263--$12,263
Insurance-$2,340-$2,340
Total Functional Expenses$811,158$287,021$0$1,098,179
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organizations president/ceo and manager of fianance review the draft form 990. Then email the draft return to the board of directors for their review. Their questions or comments are directed back to the president/ceo and manager of finance and the return is finalized with any revisions. A copy of the form 990 is provided to all board members before filing.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring annual full disclosure, in writing, of all potential conficts of interested parties to the organization. All potential conflicts of interest reported to the board are reviewed and voted on as to whether any further action is required.”

Form 990, Part VI, Section B, Line 15

“Budget approval process which that salary is explicit in the context of the budget and reflected in the employement agreement.”

Form 990, Part VI, Section C, Line 18

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Forward Cities Inc
EIN
13-4302280
Phone
9199284480
Address
703 FOSTER STREET, DURHAM, NC 27701

Signing Officer

Name
Christopher Gergen
Title
CEO & Co-founder
Phone
9199284480
Signed
2020-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Gergen
Formed
2005
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
7
Employees
11
Volunteers
20

Preparer

Firm
Neal Bradsher & Taylor Pa
Address
4721 EMPEROR BOULEVARD SUITE 130, DURHAM, NC 27703
Preparer
Michael Clonch
Phone
9194893369
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Board and ceo reviews draft financial statements and 990 for approval.”

Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024578
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025159
IRS990/AccountsReceivableGrp/BOYAmt0245310
IRS990/AccountsReceivableGrp/EOYAmt0376295
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CREATE OPPORTUNITIES FOR SHARED PROSPERITY THROUGH INCLUSIVE AND EQUITABLE ENTREPENEURIAL ECOSYSTEM DEVELOPMENT.
IRS990/AdvertisingGrp/ProgramServicesAmt016500
IRS990/AdvertisingGrp/TotalAmt016500
IRS990/AllOtherContributionsAmt0455130
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATT HUGHES
IRS990/BooksInCareOfDetail/PhoneNum09199284480
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0703 FOSTER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027701
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt026319
IRS990/CashNonInterestBearingGrp/EOYAmt0277465
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt060750
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt091125
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151875
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0334858
IRS990/ConferencesMeetingsGrp/TotalAmt0334858
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0530891
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0647657
IRS990/CYOtherRevenueAmt022774
IRS990/CYProgramServiceRevenueAmt0877500
IRS990/CYRevenuesLessExpensesAmt0332986
IRS990/CYSalariesCompEmpBnftPaidAmt0450522
IRS990/CYTotalExpensesAmt01098179
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01431165
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0190000
IRS990/DeferredRevenueGrp/EOYAmt0172500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FORWARD CITIES CONDUCTS RESEARCH THAT OFFERS NEW INSIGHT ON WHAT ENABLES CITIES TO THRIVE AND THAT PROVIDES ACTIONABLE STRATEGIES FOR CITIES. CIT VITALS IS THE ORGANIZATIONS SIGNATURE RESEARCH FRAMEWORK. THE ORGANIZATION BENCHMARKS CITY/REGIONAL PERFORMANCES IN FOUR AREAS THAT ARE MOST VITAL TO CITY SUCESS: CONNECTIONS, INNOVATIONS, TALENT AND YOUR DISTINTIVENESS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0211746
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030349
IRS990/FeesForServicesAccountingGrp/TotalAmt030349
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt089185
IRS990/FeesForServicesOtherGrp/TotalAmt089185
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm1WALKER SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm2CATHY BELK
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL S GROGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4TAWANNA BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm5MAURICE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER GERGEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7151875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01431165
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt025839
IRS990/InformationTechnologyGrp/TotalAmt025839
IRS990/InsuranceGrp/ManagementAndGeneralAmt02340
IRS990/InsuranceGrp/TotalAmt02340
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt075761
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CONNECT CROSS SECTOR LEADERS WITH EACH OTHER AND WITH THE SMARTEST IDEAD AND PRACTICES FOR MOVING THE NEEDLE ON KEY DIMMENSIONS OF SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0124615
IRS990/NetAssetsOrFundBalancesEOYAmt0457601
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013500
IRS990/OccupancyGrp/TotalAmt013500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034785
IRS990/OfficeExpensesGrp/TotalAmt034785
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt01500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt012263
IRS990/OtherExpensesGrp/TotalAmt012263
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022774
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022774
IRS990/OtherRevenueTotalAmt022774
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093842
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0140764
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234606
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025616
IRS990/PayrollTaxesGrp/ProgramServicesAmt038425
IRS990/PayrollTaxesGrp/TotalAmt064041
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHRISTOPHER GERGEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0877500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0877500
IRS990/ProgSrvcAccomActy2Grp/Desc0A CROSS-CITY INITIATIVE HELPING RURAL, SMALL, AND MEDIUM-SIZED COMMUNITIES ACROSS THE STATE TRANSITION TO A KNOWLEDGE-BASED ECONOMY BY DEVELOPING VIBRANT INNOVATION ECOSYSTEMS. AN INNOVATION ECOSYSTEM IS A COLLECTION OF PEOPLE, ORGANIZATIONS, POLICIES, AND PROGRAMS THAT PRODUCE GOODS AND SERVICES THAT ARE NEW, HIGHLY VALUED, AND HARD TO REPLICATE AND OUTSOURCE. THIS PROGRAM IS A PUBLIC-PRIVATE PARTNERSHIP BETWEEN FORWARD CITIES AND THE NORTH CAROLINA DEPARTMENT OF COMMERCE'S OFFICE OF SCIENCE, TECHNOLOGY, AND INNOVATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0599412
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0882356
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0285000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0303727
IRS990/PYOtherRevenueAmt03000
IRS990/PYProgramServiceRevenueAmt027397
IRS990/PYRevenuesLessExpensesAmt0153626
IRS990/PYSalariesCompEmpBnftPaidAmt0170400
IRS990/PYTotalExpensesAmt0759127
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0912753
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0332986
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01408391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0909753
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0644032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0884894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0562022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04409092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0354
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0354
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08650
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt04409092
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01408391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0909753
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0644032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0884894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0562022
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04409092
IRS990ScheduleA/TotalSupportAmt04418096
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTOPHER GERGEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS PRESIDENT/CEO AND MANAGER OF FIANANCE REVIEW THE DRAFT FORM 990. THEN EMAIL THE DRAFT RETURN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THEIR QUESTIONS OR COMMENTS ARE DIRECTED BACK TO THE PRESIDENT/CEO AND MANAGER OF FINANCE AND THE RETURN IS FINALIZED WITH ANY REVISIONS. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL FULL DISCLOSURE, IN WRITING, OF ALL POTENTIAL CONFICTS OF INTERESTED PARTIES TO THE ORGANIZATION. ALL POTENTIAL CONFLICTS OF INTEREST REPORTED TO THE BOARD ARE REVIEWED AND VOTED ON AS TO WHETHER ANY FURTHER ACTION IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUDGET APPROVAL PROCESS WHICH THAT SALARY IS EXPLICIT IN THE CONTEXT OF THE BUDGET AND REFLECTED IN THE EMPLOYEMENT AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD AND CEO REVIEWS DRAFT FINANCIAL STATEMENTS AND 990 FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0339193
IRS990/TotalAssetsEOYAmt0655260
IRS990/TotalAssetsGrp/BOYAmt0339193
IRS990/TotalAssetsGrp/EOYAmt0655260
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0530891
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0287021
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0811158
IRS990/TotalFunctionalExpensesGrp/TotalAmt01098179
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0214578
IRS990/TotalLiabilitiesEOYAmt0197659
IRS990/TotalLiabilitiesGrp/BOYAmt0214578
IRS990/TotalLiabilitiesGrp/EOYAmt0197659
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0124615
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0457601
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0811158
IRS990/TotalProgramServiceRevenueAmt0877500
IRS990/TotalReportableCompFromOrgAmt0151875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0900274
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01431165
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0339193
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0655260
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt088038
IRS990/TravelGrp/TotalAmt088038
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0124615
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0457601
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0703 FOSTER STREET
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027701
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0FORWARDCITIES.ORG
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0THE RETURN WAS DUE NOVEMBER 15, 2019 WITH EXTENSION. DUE TO TURNOVER IN THE ACCOUNTING DEPARTMENT INFORMATION WAS NOT READILY AVAILABLE TO CORRECTLY PREPARE THE RETURN. WE HAVE BEEN IN COMPLIANCE WITH ALL FILING REQUIREMENT UNTIL THIS YEAR. WE ARE REQUESTING ABATEMENT OF ALL PENALTIES UNDER THE FIRST TIME ABATEMENT REGULATIONS.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER GERGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & CO-FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum09199284480
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORWARD CITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0FORW
ReturnHeader/Filer/EIN0134302280
ReturnHeader/Filer/PhoneNum09199284480
ReturnHeader/Filer/USAddress/AddressLine1Txt0703 FOSTER STREET
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CF751D408EDA82B8CD3249AB10FD14F53770A64F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05D013EDE3C5F08EB76B9B225D37EEC4506DFEE7B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.99.155.26
ReturnHeader/FilingSecurityInformation/IPDt02020-03-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:42:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561445619

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$655,260
Liabilities
$197,659
Net assets
$457,601
Revenue
$1,431,165
Expenses
$1,098,179
Net income
$332,986
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$1.73$1.45$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$1.07$1.56$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$1.86$2.25$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.05$1.15$2.46$2.09$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.11$0.78$2.48$2.68$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.16$0.98$2.78$2.36$0.41
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.20$0.46$1.43$1.10$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.21$0.12$0.91$0.76$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.28$0.03$0.66$0.72$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.15$0.02$0.90$0.90$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.18$0.02$0.65$2.02$1.37
2013Detailed filing. Detailed filing data is available for this year.$1.45$0.06$1.38$0.97$1.13$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.16$1.67$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.28$2.31$1.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.30$2.38$1.23