Civic Intelligence

Forward Jefferson Corporation

EIN 20-0334197 • 501(c)3 • Avondale, LA

Profile

To assist in the economic growth and development of business concerns in jefferson parish,la and thereby lessen the burdens of government.

700 Churchill ParkwayAvondale, LA 70094

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

12th percentile

-64%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-70%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$18

Down $10,165 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$18

Down $10,165 (-100%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Down

$15,761

Down $36,033 (-70%) from 2019

Expenses

Down

$25,926

Down $25,713 (-50%) from 2019

Net Income

Down

-$10,165

Down $10,320 (-6658%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,510,597Liabilities 2010: $4,898,514Net Assets 2010: $1,612,0832010Assets 2011: $6,447,156Liabilities 2011: $4,316,090Net Assets 2011: $2,131,0662011Assets 2012: $6,257,947Liabilities 2012: $4,021,595Net Assets 2012: $2,236,3522012Assets 2013: $6,071,853Liabilities 2013: $3,931,275Net Assets 2013: $2,140,5782013Assets 2014: $5,841,851Liabilities 2014: $3,697,688Net Assets 2014: $2,144,1632014Assets 2015: $5,727,595Liabilities 2015: $3,485,438Net Assets 2015: $2,242,1572015Assets 2016: $10,000Liabilities 2016: $0Net Assets 2016: $10,0002016Assets 2017: $10,010Liabilities 2017: $0Net Assets 2017: $10,0102017Assets 2018: $10,043Liabilities 2018: $15Net Assets 2018: $10,0282018Assets 2019: $10,183Net Assets 2019: $10,1832019Assets 2020: $18Net Assets 2020: $182020

Highlighted filing

2020

Assets$18
Liabilities-
Net Assets$18
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$0-$1.0M-$2.0M-$3.0MExpenses 2010: $6,1832010Expenses 2011: $8,1952011Expenses 2012: $19,6012012Revenue 2013: -$95,774Expenses 2013: $0Net Income 2013: -$95,7742013Revenue 2014: $188,085Expenses 2014: $184,500Net Income 2014: $3,5852014Revenue 2015: $242,494Expenses 2015: $144,500Net Income 2015: $97,9942015Revenue 2016: -$2,048,657Expenses 2016: $183,500Net Income 2016: -$2,232,1572016Revenue 2017: $188,260Expenses 2017: $188,250Net Income 2017: $102017Revenue 2018: $189,768Expenses 2018: $189,750Net Income 2018: $182018Revenue 2019: $51,794Expenses 2019: $51,639Net Income 2019: $1552019Revenue 2020: $15,761Expenses 2020: $25,926Net Income 2020: -$10,1652020

Highlighted filing

2020

Revenue$15,761
Expenses$25,926
Net Income-$10,165
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18
Liabilities
-
Net assets
$18
Revenue
$15,761
Expenses
$25,926
Net income
-$10,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.02$0.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.05$0.05$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.19$0.19$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.19$0.19$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$2.05$0.18$2.23
2015Detailed filing. Detailed filing data is available for this year.$5.73$3.49$2.24$0.24$0.14$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.84$3.70$2.14$0.19$0.18$0.00
2013Detailed filing. Detailed filing data is available for this year.$6.07$3.93$2.14$0.10$0.00$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$4.02$2.24$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$4.32$2.13$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.51$4.90$1.61$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 15, 2021
Return Version
2020v4.0
Gross Receipts
$15,761
Mission and Program Overview

Mission

To assist in the economic growth and development of business concerns in the jefferson parish, la and thereby lessen the burdens of government.

To assist in the economic growth and development of business concerns in jefferson parish,la and thereby lessen the burdens of government.

Program Services

DescriptionGrantsExpenses
FORWARD JEFFERSON CORPORATION AND THE RELATED GOVERNMENTAL ENTITY, JEFFERSON PARISH ECONOMIC DEVELOPMENT AND PORT DISTRICT, ACQUIRED AND CONSTRUCTED A TECHNOLOGY AND BUSINESS PARK IN AVONDALE, LOUISIANA. THE PROJECT WAS A NEW MARKETS TAX CREDIT TRANSACTION, FORWARD JEFFERSON CORPORATION ACTED AS A LEVERAGED LENDER TO THE INVESTMENT FUND PROVIDING EQUITY TO THE PROJECT. FORWARD JEFFERSON CORPORATION OWNED THE BUILDING UNTIL THE END OF FEBRUARY 2016 WHEN PAYOUT OF LOAN OCCURRED. THE BUILDING WAS THEN TRANSFERRED TO JEDCO. JEDCO CONTINUES TO ASSIST WITH ECONOMIC DEVELOPMENT OF BUSINESS.$25,926-
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARRY KATZSecretary-$0--
LESHA FREELANDBoard Member-$0--
TERESA LAWRENCEVice Chair-$0--
STEPHEN ROBINSONBoard Member-$0--
MICKAL ADLERChairman-$0--
LLOYD CLARKBoard Member-$0--
MAYRA PINEDABoard Member-$0--
GENE SAUSSEBoard Member-$0--
MICHAEL KRAFTBoard Member-$0--
THOMAS GENNAROTreasurer-$0--
JOSEPH EWELLBoard Member-$0--
MARIO BAZILEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Forward Jefferson Corporation
EIN
20-0334197
Phone
5048753908
Address
700 CHURCHILL PARKWAY, AVONDALE, LA 70094

Signing Officer

Name
Teresa Lawrence
Title
2021 Chairperson
Signed
2021-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Taylor and Willis Cpas and Advisors LLC
Address
3500 N CAUSEWAY BLVD STE 1145, METAIRIE, LA 70002
Preparer
Kevin C Willis CPA
Phone
5042674427
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: JEFFERSON PARISH ECONOMIC DEV PORT DIST | Donee's Address: 700 CHURCHILL PARKWAY AVONDALE LA 70094 | Cash Amount Given: $25916”

Raw XML Appendix177 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST IN THE ECONOMIC GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN JEFFERSON PARISH,LA AND THEREBY LESSEN THE BURDENS OF GOVERNMENT.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: JEFFERSON PARISH ECONOMIC DEV PORT DIST | Donee's Address: 700 CHURCHILL PARKWAY AVONDALE LA 70094 | Cash Amount Given: $25916
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt02021 Chairperson
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
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ReturnHeader/Filer/BusinessNameControlTxt0FORW
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ReturnHeader/Filer/PhoneNum05048753908
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