Civic Intelligence

Fb Foundation

990EZ • Fiscal year 2021 • EIN 20-3997779

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

8310 Rivers AvenueCharleston, SC 29406

(843) 608-8835

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.85x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

2.60x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$14,855

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 24.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

1647%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-31%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$189,625

Up $178,772 (+1647%) from 2020

Net Assets

Up

$28,514

Up $21,539 (+309%) from 2020

Liabilities

Up

$161,111

Up $157,233 (+4054%) from 2020

Revenue

Down

$62,000

Down $27,677 (-31%) from 2020

Expenses

Down

$77,315

Down $14,981 (-16%) from 2020

Net Income

Down

-$15,315

Down $12,696 (-485%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2018: $3,992Net Assets 2018: $3,9922018Assets 2019: $9,594Net Assets 2019: $9,5942019Assets 2020: $10,853Liabilities 2020: $3,878Net Assets 2020: $6,9752020Assets 2021: $189,625Liabilities 2021: $161,111Net Assets 2021: $28,5142021Assets 2022: $58,516Liabilities 2022: $158,700Net Assets 2022: -$100,1842022Assets 2023: $29,288Liabilities 2023: $162,201Net Assets 2023: -$132,9132023Assets 2024: $10,583Liabilities 2024: $162,201Net Assets 2024: -$151,6182024

Highlighted filing

2021

Assets$189,625
Liabilities$161,111
Net Assets$28,514

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2018: $64,000Expenses 2018: $60,208Net Income 2018: $3,7922018Revenue 2019: $193,684Expenses 2019: $188,082Net Income 2019: $5,6022019Revenue 2020: $89,677Expenses 2020: $92,296Net Income 2020: -$2,6192020Revenue 2021: $62,000Expenses 2021: $77,315Net Income 2021: -$15,3152021Revenue 2022: $57,091Expenses 2022: $185,789Net Income 2022: -$128,6982022Revenue 2023: $103,300Expenses 2023: $132,533Net Income 2023: -$29,2332023Revenue 2024: $26,911Expenses 2024: $45,616Net Income 2024: -$18,7052024

Highlighted filing

2021

Revenue$62,000
Expenses$77,315
Net Income-$15,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.1
Gross Receipts
$62,000
Mission and Program Overview

Mission

The mission of the FB Foundation is to advocate for prosperity and progress of low-to-moderate-income LMI individuals and communities in the State of South Carolina. This is done through training and technical assistance to faith-based community leaders. These trained leaders in turn, provide community information, resources, and opportunities to local LMI individuals, and families. These efforts serve as a means to increase the upward mobility of local residents.

As a statewide faith based non-profit, Community FaithWorks helps build capacity of faith leaders & their members so in turn they're equipped (through alliances & partnerships) to develop, serve and build a healthier community and thriving neighborhood

Program Services

DescriptionGrantsExpenses
See Schedule O$0$51,409
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tia Brewer-FootmanExecutive DirectorFT$14,855-$14,855
Joy GivensChairperson-$0--
Patricia FrazierTreasurer-$0--
Arnelle FootmanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
FB Foundation
EIN
20-3997779
Phone
8436088835
Address
8310 Rivers Avenue, Charleston, SC 29406

Signing Officer

Name
Tijuana Brewer-Footman
Title
Executive Director
Phone
8436088835
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Other

Part III - Line 28 - Accomplishments Programs: Vision Institute/SC Pastors Disrupting Poverty CFW Vision Institute is a specially designed statewide 10-month leadership development and capacity building incubator for minority faith-based organizations. Faith leaders and their teams receive training on topics such as community asset mapping, the community action process, survey data gathering and analysis, developing summary narratives, program development, logic model design, budget development and the 501c3/CDC process. Equally important, pastors, faith leaders and ministries, are taught and demonstrated the unlimited strength of collaboration within our CFW culture and landscape as well as how to spiritually map and pray for neighborhoods beyond data and science. The rigorous, but faith-based design of the Institute provides essential foundational pieces for projects that are responsive, impactful and sustainable for the community. To date, the CFW Vision Institute has graduated 21 churches that have founded nonprofits with 501c3 designation, and community development corporations across South Carolina. Some of these organizations have initiated programs to address hunger and food insecurities in their communities; computer skills for youth, adults and seniors, to address the digital divide, as well as job training workshops, and financial literacy classes. EMERGE Academy (CFW-EMERGE) Developing Tomorrow's Kingdom Leaders Today! EMERGE Academy provides an opportunity for rising 11th and 12th grade students of color to participate and learn from knowledge experts in areas such as school, career and leadership development, college entrance/college exposure, technology, and soft skills knowledge. Upon completion, students receive an earned leadership certification that can be used for resumes, summer employment, college admission and scholarships. Over the last 5 years nearly 300 young student leaders statewide have participated and earned this prestigious high level leadership designation through the CFW-EMERGE Academy and Truist Leadership Institute as well as other community partners. Care Response Team (CFW-CRT) Pray Mobilize. Activate. Respond. The Care Response Team is an initiative of Community FaithWorks that encompasses over 61 unique faith based, community based, governmental agencies and media working collaboratively to provide emergent and essential services to our communities in need. CFW-CRT is a central coordinating entity designed for the distribution of essential resources assuring that our most vulnerable communities receive access to the services they need. Through its network of partners, Care Response Team has provided food assistance to 8,399 families, housing assistance to 825 families, 60,000 masks and hand sanitizers and utility/energy assistance payments to 720 families.

Form 990EZ, Part I, Line 16

CFW Vision Institute 2626.

Form 990EZ, Part I, Line 16

Chartitable contributions & benevolence 1697.

Form 990EZ, Part I, Line 16

Emerge Academy 372.

Form 990EZ, Part I, Line 16

Dues and subscriptions 3676.

Form 990EZ, Part I, Line 16

Insurance 924.

Form 990EZ, Part I, Line 16

Staff reimbursements, travel & training 4016.

Form 990EZ, Part I, Line 16

Miscellaneous 1698.

Form 990EZ, Part I, Line 20

Adjustment to 2020 financials 36854.

Form 990EZ, Part II, Line 26

Accounts payable 3878. 11.

Form 990EZ, Part II, Line 26

SBA loan 161100.

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III - Line 28 - Accomplishments Programs: Vision Institute/SC Pastors Disrupting Poverty CFW Vision Institute is a specially designed statewide 10-month leadership development and capacity building incubator for minority faith-based organizations. Faith leaders and their teams receive training on topics such as community asset mapping, the community action process, survey data gathering and analysis, developing summary narratives, program development, logic model design, budget development and the 501c3/CDC process. Equally important, pastors, faith leaders and ministries, are taught and demonstrated the unlimited strength of collaboration within our CFW culture and landscape as well as how to spiritually map and pray for neighborhoods beyond data and science. The rigorous, but faith-based design of the Institute provides essential foundational pieces for projects that are responsive, impactful and sustainable for the community. To date, the CFW Vision Institute has graduated 21 churches that have founded nonprofits with 501c3 designation, and community development corporations across South Carolina. Some of these organizations have initiated programs to address hunger and food insecurities in their communities; computer skills for youth, adults and seniors, to address the digital divide, as well as job training workshops, and financial literacy classes. EMERGE Academy (CFW-EMERGE) Developing Tomorrow's Kingdom Leaders Today! EMERGE Academy provides an opportunity for rising 11th and 12th grade students of color to participate and learn from knowledge experts in areas such as school, career and leadership development, college entrance/college exposure, technology, and soft skills knowledge. Upon completion, students receive an earned leadership certification that can be used for resumes, summer employment, college admission and scholarships. Over the last 5 years nearly 300 young student leaders statewide have participated and earned this prestigious high level leadership designation through the CFW-EMERGE Academy and Truist Leadership Institute as well as other community partners. Care Response Team (CFW-CRT) Pray Mobilize. Activate. Respond. The Care Response Team is an initiative of Community FaithWorks that encompasses over 61 unique faith based, community based, governmental agencies and media working collaboratively to provide emergent and essential services to our communities in need. CFW-CRT is a central coordinating entity designed for the distribution of essential resources assuring that our most vulnerable communities receive access to the services they need. Through its network of partners, Care Response Team has provided food assistance to 8,399 families, housing assistance to 825 families, 60,000 masks and hand sanitizers and utility/energy assistance payments to 720 families.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CFW Vision Institute 2626.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Chartitable contributions & benevolence 1697.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Emerge Academy 372.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues and subscriptions 3676.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 924.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Staff reimbursements, travel & training 4016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous 1698.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SBA loan 161100.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
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