Civic Intelligence

The Florence Forgotson Charitable Foundation

EIN 20-0857287 • Wilmington, DE

Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-9.2%

Higher net margin than 26% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$70,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 37.4% of source-year revenue.

$1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

-0.4%

Faster asset growth than 38% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-2.7%

Faster revenue growth than 31% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,878,258

Down $17,160 (-0.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$3,878,258

Down $17,160 (-0.4%) from 2023

Revenue

Down

$187,366

Down $5,209 (-2.7%) from 2023

Expenses

Down

$204,526

Down $41,712 (-17%) from 2023

Net Income

Up

-$17,160

Up $36,503 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,288,308Liabilities 2011: $325,3312011Assets 2012: $2,828,077Liabilities 2012: $458,3502012Assets 2013: $3,953,850Liabilities 2013: $02013Assets 2014: $4,400,606Liabilities 2014: $318,6542014Assets 2015: $3,009,675Liabilities 2015: $7,2002015Assets 2016: $3,002,305Liabilities 2016: $17,102Net Assets 2016: $2,985,2032016Assets 2019: $4,029,990Liabilities 2019: $21,6562019Assets 2020: $3,909,752Liabilities 2020: $0Net Assets 2020: $3,909,7522020Assets 2021: $3,999,051Liabilities 2021: $0Net Assets 2021: $3,999,0512021Assets 2022: $3,949,081Liabilities 2022: $0Net Assets 2022: $3,949,0812022Assets 2023: $3,895,418Liabilities 2023: $0Net Assets 2023: $3,895,4182023Assets 2024: $3,878,258Liabilities 2024: $0Net Assets 2024: $3,878,2582024

Highlighted filing

2024

Assets$3,878,258
Liabilities$0
Net Assets$3,878,258

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: -$363,594Expenses 2011: $295,998Net Income 2011: -$659,5922011Revenue 2012: $673,312Expenses 2012: $266,562Net Income 2012: $406,7502012Revenue 2013: $1,832,817Expenses 2013: $248,694Net Income 2013: $1,584,1232013Revenue 2014: $266,078Expenses 2014: $137,976Net Income 2014: $128,1022014Revenue 2015: -$766,050Expenses 2015: $313,427Net Income 2015: -$1,079,4772015Revenue 2016: $204,985Expenses 2016: $222,257Net Income 2016: -$17,2722016Revenue 2019: $181,007Expenses 2019: $227,315Net Income 2019: -$46,3082019Revenue 2020: $149,099Expenses 2020: $247,681Net Income 2020: -$98,5822020Revenue 2021: $331,051Expenses 2021: $241,752Net Income 2021: $89,2992021Revenue 2022: $161,863Expenses 2022: $211,833Net Income 2022: -$49,9702022Revenue 2023: $192,575Expenses 2023: $246,238Net Income 2023: -$53,6632023Revenue 2024: $187,366Expenses 2024: $204,526Net Income 2024: -$17,1602024

Highlighted filing

2024

Revenue$187,366
Expenses$204,526
Net Income-$17,160

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol Ann HinzDir, Pres, SecPT$70,000-$70,000
Lynn ColeDir, VPPT$62,240-$62,240
Filing and Contact Details

Filer

Filer Name
The Florence Forgotson Charitable Foundation
EIN
20-0857287
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Carol Hinz
Title
President
Phone
8008391754
Signed
2025-08-07
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NE 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm45MICROSTRATEGY INCORPORATED
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm46MORGAN STANLEY 4.250% DP PFD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm47MUELLER IND INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm48NASDAQ 100 EQUAL WEIGHTED INDE
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm49NEW WORLD FUND, INC (F2)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm50NEXTERA ENERGY, INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm51NORWEGIAN CRUISE LINE HOLDINGS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm52NOVA MEASURING INSTRUMENTS LTD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm53NVIDIA CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm54PACER US CASH COWS 100 ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm55PACER US SMALL CAP CASH COWS 1
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm56PG & E CORP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm57PROSHARES BITCOIN STRATEGY ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm58PROSPECT CAPITAL CORP 5.35% PR
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm59PUBLIC STORAGE 3.950% DEP PF Q
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm60PUBLIC STORAGE, 4.00% SER P
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm61REGEN BIOPHARMA
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm62REGEN BIOPHARMA I 0%PFD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm63REGENERON PHARMACEUTICALS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm64RITHM CAPITAL CORP 6.375
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm65RIVERNORTH DOUBLELINE STRAT OP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm66SENTINELONE INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm67SERVICE NOW
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm68SUNCOR ENERGY INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm69SYNOPSYS, INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm70TAIWAN SEMICONDUCTOR MFG CO LT
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm71TECHNOLOGY SPDR
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm72TECNOGLASS INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm73TELEPHONE & DATA SYS 6% PFD W
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm74THE ENSIGN GROUP, INC
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm75THE PRIVATE SHARES FD CL A
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm76UBER
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm77VANECK SEMICONDUCTOR ETF
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm78WASHINGTON MUTUAL INVESTORS FU
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm79WELLS FARGO & COM 4.25 SER-DD
InvestmentsGovtObligationsSch/StateLocalSecBookVlEOYAmt0738945
InvestmentsGovtObligationsSch/StateLocalSecEOYFMVAmt0722155
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt0154963
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt022824
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt09579
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0187366
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0187366
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt022824
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0108589
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt023651
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0132240
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt027500
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt027500
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0150424
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0154963
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-17160
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0762892
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt09579
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt09579
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt022824
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0151372
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt024965
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt024965
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt05721
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt05721
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt010117
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt02083
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt012200
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt01900
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0171171
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt031455
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0204526
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0182827
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0187366
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0143671
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt031455
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0177026
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt0740068
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt022824
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt022824
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt0762892
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0Publicly-traded Securities
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt022824
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-17160
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt03878258
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt03895418
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt03878258
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0175460
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0175460
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0175460
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0177564
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt02104
IRS990PF/DistributableAmountGrp/TotalTaxAmt02104
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0143
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt02047
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt0200
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt02104
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0143
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt02104
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt02104
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt02247
IRS990PF/FMVAssetsEOYAmt03643367
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblBOYAmt04443
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0870408
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt0720408
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt0532520
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt02311876
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt02202064
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt02171851
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt03895418
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt03878258
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0214067
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt0216841
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt0216841
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt03895418
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt03878258
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt03643367
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt03895418
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt03878258
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt03895418
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt03878258
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt0494624
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsEOYAmt0738945
IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt0722155
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt03605363
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0263644
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt03341719
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt054080
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0177564
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt03551283
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt03605363
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt025.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt125.0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt062240
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt170000
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Lynn Cole
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Carol Ann Hinz
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Dir, VP
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Dir, Pres, Sec
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1Foundation Source 501 Silverside Rd
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Wilmington
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1Wilmington
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0DE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1DE

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