Civic Intelligence

Foundation Forward Inc.

990 • Fiscal year 2018 • EIN 46-3641483

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 12, 2019

227 Main Street WestValdese, NC 28690

(828) 475-6670

Siviq Scores

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

Liabilities / Assets

75th percentile

0.24x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

53rd percentile

0.04x

Higher debt load relative to revenue than 53% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$31,173

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

7th percentile

-28%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

14%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$113,696

Down $43,173 (-28%) from 2017

Net Assets

Down

$86,298

Down $56,172 (-39%) from 2017

Liabilities

Up

$27,398

Up $12,999 (+90%) from 2017

Revenue

Up

$696,682

Up $86,563 (+14%) from 2017

Expenses

Up

$752,854

Up $253,608 (+51%) from 2017

Net Income

Down

-$56,172

Down $167,045 (-151%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2014: $30,414Liabilities 2014: $28,200Net Assets 2014: $2,2142014Assets 2015: $88,147Liabilities 2015: $228,861Net Assets 2015: -$140,7142015Assets 2016: $48,419Liabilities 2016: $16,822Net Assets 2016: $31,5972016Assets 2017: $156,869Liabilities 2017: $14,399Net Assets 2017: $142,4702017Assets 2018: $113,696Liabilities 2018: $27,398Net Assets 2018: $86,2982018Assets 2019: $144,063Liabilities 2019: $4,355Net Assets 2019: $139,7082019Assets 2020: $241,745Liabilities 2020: $5,118Net Assets 2020: $236,6272020Assets 2021: $530,519Liabilities 2021: $21,250Net Assets 2021: $509,2692021Assets 2022: $602,716Liabilities 2022: $6,665Net Assets 2022: $596,0512022Assets 2023: $5,588,911Liabilities 2023: $13,658Net Assets 2023: $5,575,2532023Assets 2024: $8,106,908Liabilities 2024: $16,303Net Assets 2024: $8,090,6052024

Highlighted filing

2018

Assets$113,696
Liabilities$27,398
Net Assets$86,298

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $195,564Expenses 2014: $223,183Net Income 2014: -$27,6192014Revenue 2015: $247,992Expenses 2015: $390,920Net Income 2015: -$142,9282015Revenue 2016: $578,103Expenses 2016: $405,792Net Income 2016: $172,3112016Revenue 2017: $610,119Expenses 2017: $499,246Net Income 2017: $110,8732017Revenue 2018: $696,682Expenses 2018: $752,854Net Income 2018: -$56,1722018Revenue 2019: $907,155Expenses 2019: $853,745Net Income 2019: $53,4102019Revenue 2020: $993,464Expenses 2020: $896,545Net Income 2020: $96,9192020Revenue 2021: $1,121,178Expenses 2021: $848,536Net Income 2021: $272,6422021Revenue 2022: $1,015,629Expenses 2022: $928,847Net Income 2022: $86,7822022Revenue 2023: $6,072,236Expenses 2023: $1,093,034Net Income 2023: $4,979,2022023Revenue 2024: $4,389,628Expenses 2024: $1,874,276Net Income 2024: $2,515,3522024

Highlighted filing

2018

Revenue$696,682
Expenses$752,854
Net Income-$56,172
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 12, 2019
Return Version
2018v3.1
Gross Receipts
$696,682
Mission and Program Overview

Mission

Our founding fathers penned the declaration of independence, the united states constitution and the bill of rights. These documents have secured the freedom and rights of the american people. These three documents are known as your charters of freedom. Foundation forward, inc. Is an educational project building your charters of freedom monuments in communities across the country. Our passion is to provide easy access for all to these founding documents. Our vision is to provide this access and education in all communities in the united states of america. Our goal is to educate and preserve american history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$142,470$86,298▼ $56,172
Cash and Non-Interest-Bearing Accounts$117,293$82,651▼ $34,642
Land, Buildings, and Equipment, Net$38,954$30,479▼ $8,475
Loans From Officers Directors$14,168$12,446▼ $1,722
Intangible Assets$622$566▼ $56
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$156,869$113,696▼ $43,173
Liabilities
Other Liabilities$231$14,952▲ $14,721
Total Liabilities$14,399$27,398▲ $12,999
Net Assets / Fund Balance
Total Net Assets Fund Balance$142,470$86,298▼ $56,172
Total Liabilities and Net Assets / Fund Balance$156,869$113,696▼ $43,173

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,745$12,364$40,109
Other Land Buildings$2,734$3,811$6,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ronald B LewisTreasurerPT$31,173$31,173

Board Members and Trustees

NameTitle
Vance PattersonPresident
Michael UnruhDirector
Mary Jo PattersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$696,682
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$696,682
Change in Net Assets
$-56,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$488,296
Salaries, Compensation, and Employee Benefits$255,047
Total Fundraising Expense$121,520
Professional Fundraising Fees$9,511
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,231$30,000$67,692$236,923
Office Expenses-$32,980-$32,980
All Other Expenses$5,101$13,498$8,501$27,100
Travel$2,600$5,200$18,199$25,999
Payroll Taxes$10,650$2,295$5,179$18,124
Insurance$14,188--$14,188
Other Expenses$17,700$10,541$12,438$10,541
Fees for Services Professional Fundraising--$9,511$9,511
Depreciation Depletion$7,395$1,136-$8,531
Occupancy-$6,749-$6,749
Advertising-$5,825-$5,825
Information Technology-$1,090-$1,090
Interest-$466-$466
Fees for Services Legal$409--$409
Total Functional Expenses$521,554$109,780$121,520$752,854
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$9,511
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-35 Percent Controlled EntityPATTERSON FAN PROCESSES FOUNDATION FORWARD'S PAYROLL AND PAYS FOUNDATION FORWARD'S PAYROLL LIABILITIES.No$14,952

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$14,168$12,446▼ $1,722
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$14,952
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

There is a family relationship between board members vance m. Patterson and mary jo patterson.

Form 990, Part VI, Section A, Line 8A

Plan to begin documenting meetings in the future.

Form 990, Part VI, Section A, Line 8B

Plan to begin documenting meetings in the future.

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

NO REVIEW CONDUCTED.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available when requested by calling the organization's office.

Filing and Contact Details

Filer

Filer Name
Foundation Forward Inc
EIN
46-3641483
Phone
8284756670
Address
227 MAIN STREET WEST, VALDESE, NC 28690

Signing Officer

Name
Vance M Patterson
Title
President
Phone
8284756670
Signed
2019-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vance M Patterson
Formed
2013
Legal Domicile
Nc
Voting Board Members
1
Independent Board Members
0
Employees
6
Volunteers
5

Preparer

Firm
Smith Miller & Buff CPA Pa
Address
PO BOX 1489, MORGANTON, NC 28680-1489
Preparer
Mark K Miller CPA Pfs Cfp
Phone
8284378060
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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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IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PATTERSON FAN CO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt035 PERCENT CONTROLLED ENTITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt014952
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PATTERSON FAN PROCESSES FOUNDATION FORWARD'S PAYROLL AND PAYS FOUNDATION FORWARD'S PAYROLL LIABILITIES.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01793
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1972
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt29681
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0PATTERSON FAN CO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1PATTERSON FAN CO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1USE OF CREDIT CARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2USE OF CREDIT CARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt04184
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt12000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt215000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VANCE PATTERSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt035 PERCENT CONTROLLED ENTITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt135 PERCENT CONTROLLED ENTITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/TotalBalanceDueAmt012446
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS A FAMILY RELATIONSHIP BETWEEN BOARD MEMBERS VANCE M. PATTERSON AND MARY JO PATTERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLAN TO BEGIN DOCUMENTING MEETINGS IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLAN TO BEGIN DOCUMENTING MEETINGS IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE WHEN REQUESTED BY CALLING THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0156869
IRS990/TotalAssetsEOYAmt0113696
IRS990/TotalAssetsGrp/BOYAmt0156869
IRS990/TotalAssetsGrp/EOYAmt0113696
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0696682
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0121520
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109780
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0521554
IRS990/TotalFunctionalExpensesGrp/TotalAmt0752854
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014399
IRS990/TotalLiabilitiesEOYAmt027398
IRS990/TotalLiabilitiesGrp/BOYAmt014399
IRS990/TotalLiabilitiesGrp/EOYAmt027398
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0142470
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086298
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0521554
IRS990/TotalReportableCompFromOrgAmt031173
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0696682
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0156869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0113696
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt018199
IRS990/TravelGrp/ManagementAndGeneralAmt05200
IRS990/TravelGrp/ProgramServicesAmt02600
IRS990/TravelGrp/TotalAmt025999
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0227 MAIN STREET WEST
IRS990/USAddress/CityNm0VALDESE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028690
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0CHARTERSOFFREEDOM.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VANCE M PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08284756670
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FORWARD INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0463641483
ReturnHeader/Filer/PhoneNum08284756670
ReturnHeader/Filer/USAddress/AddressLine1Txt0227 MAIN STREET WEST
ReturnHeader/Filer/USAddress/CityNm0VALDESE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028690
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03EB4F7B9445E02BD59B9596EFF912AD473978E48
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03EB4F7B9445E02BD59B9596EFF912AD473978E48
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-08-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:31:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561394468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH MILLER & BUFF CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1489
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MORGANTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0286801489
ReturnHeader/PreparerPersonGrp/PhoneNum08284378060
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK K MILLER CPA PFS CFP
ReturnHeader/ReturnTs02019-08-16T10:48:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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