Civic Intelligence

Fb Foundation

990EZ • Fiscal year 2022 • EIN 20-3997779

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 30, 2023

8310 Rivers AvenueNorth Charleston, SC 29406

(843) 764-2622

Siviq Scores

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

Liabilities / Assets

98th percentile

2.71x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

2.78x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

4th percentile

-225%

Higher net margin than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

6th percentile

-69%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-7.9%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$58,516

Down $131,109 (-69%) from 2021

Net Assets

Down

-$100,184

Down $128,698 (-451%) from 2021

Liabilities

Down

$158,700

Down $2,411 (-1.5%) from 2021

Revenue

Down

$57,091

Down $4,909 (-7.9%) from 2021

Expenses

Up

$185,789

Up $108,474 (+140%) from 2021

Net Income

Down

-$128,698

Down $113,383 (-740%) from 2021

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

2022

Assets$58,516
Liabilities$158,700
Net Assets-$100,184

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

2022

Revenue$57,091
Expenses$185,789
Net Income-$128,698
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 30, 2023
Return Version
2022v5.0
Gross Receipts
$57,091
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$500$128,711
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tia Brewer-FootmanExecutive DirectorFT$14,755-$14,755
Joy GivensChairperson-$0--
Patricia FrazierTreasurer-$0--
Arnelle FootmanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
FB Foundation
EIN
20-3997779
Phone
8437642622
Address
8310 Rivers Avenue, North Charleston, SC 29406

Signing Officer

Name
Tijuana Brewer-Footman
Title
Executive Director
Phone
8437642622
Signed
2023-04-30
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 10

Supporting Summer Camp; Supporting ; : , , , ; , 500.

Form 990EZ, Part I, Line 16

CFW Vision Institute 1011.

Form 990EZ, Part I, Line 16

Benevolence 1512.

Form 990EZ, Part I, Line 16

Equipment & supplies 4053.

Form 990EZ, Part I, Line 16

Dues and subscriptions 3785.

Form 990EZ, Part I, Line 16

Advertising & promotional 1469.

Form 990EZ, Part I, Line 16

Staff conferences, travel & training 16871.

Form 990EZ, Part I, Line 16

Payroll processing 1565.

Form 990EZ, Part I, Line 16

Miscellaneous 1017.

Form 990EZ, Part II, Line 26

Accounts payable 11.

Form 990EZ, Part II, Line 26

SBA loan 161100. 158700.

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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/ExplanationTxt1Supporting Summer Camp; Supporting ; : , , , ; , 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CFW Vision Institute 1011.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Equipment & supplies 4053.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Advertising & promotional 1469.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
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