Civic Intelligence

Forward Communities

990EZ • Fiscal year 2013 • EIN 80-0721191

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 12, 2014

PO Box 490Raleigh, NC 27702

(919) 228-9365

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

83rd percentile

$22,542

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 45.3% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

83rd percentile

42%

Faster asset growth than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

6th percentile

-62%

Faster revenue growth than 6% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$36,423

Up $10,853 (+42%) from 2012

Net Assets

Up

$27,737

Up $2,167 (+8.5%) from 2012

Liabilities

$8,686

No earlier filing loaded for comparison.

Revenue

Down

$49,767

Down $80,569 (-62%) from 2012

Expenses

Down

$42,600

Down $53,106 (-55%) from 2012

Net Income

Down

$7,167

Down $27,463 (-79%) from 2012

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $25,570Net Assets 2012: $25,5702012Assets 2013: $36,423Liabilities 2013: $8,686Net Assets 2013: $27,7372013Assets 2014: $48,959Liabilities 2014: $1,727Net Assets 2014: $47,2322014Assets 2015: $28,719Liabilities 2015: $62015Assets 2016: $4,369Net Assets 2016: $4,3692016

Highlighted filing

2013

Assets$36,423
Liabilities$8,686
Net Assets$27,737

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $130,336Expenses 2012: $95,706Net Income 2012: $34,6302012Revenue 2013: $49,767Expenses 2013: $42,600Net Income 2013: $7,1672013Revenue 2014: $115,838Expenses 2014: $96,343Net Income 2014: $19,4952014Revenue 2015: $10,519Expenses 2015: $29,038Net Income 2015: -$18,5192015Revenue 2016: $11,305Expenses 2016: $35,649Net Income 2016: -$24,3442016

Highlighted filing

2013

Revenue$49,767
Expenses$42,600
Net Income$7,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 12, 2014
Return Version
2013v3.1
Gross Receipts
$49,767
Mission and Program Overview

Mission

Forward Communities is a community develoopment organization that strives to educate and engage local citizens as problem solvers in their community. We have a particular focus on young people from disenfranchised communities - providing them with the skills, tools, resources, and support they need to envision positive change in their neighborhoods and put their ideas into action. By unleashing the creative potential of our citizens through "social entrepreneurship", we believe we can improve our local communities by providing relief to the poor, distressed or disadvantaged, lessening the burdens of government and reducing poverty and crime, improving the health and well being of a community's citizens, reducing a community's carbon footprint, lessening community tensions, or improving educational achievement.

Forward Communities is a community development organization that strives to educate and engage local citizens as problem solvers in their community. We have a particular focus on young people from disenfranchised communities providing them with the skills, tools, resources, and support they need to envision positive change in their neighborhoods and put their ideas into action. By unleashing the creative potential of our citizens through social entrepreneurship, we believe we can materially improve our local communities by providing relief to the poor, distressed or disadvantaged, lessening the burdens of government through reducing poverty, crime, or recidivism, improving the health and well being of a communitys citizens, reducing a communitys carbon footprint, lessening community tensions, or improving educational achievement.

Program Services

DescriptionGrantsExpenses
Forward Fellows - The Forward Fellowship provides select social entrepreneurs with the resources, relationships, and knowledge they need to achieve their social impact over a six month fellowship. In 2013, the organization awarded fellowships to an inaugural class of five fellows.$12,157$1,000
Community Impact - To elevate the reputation of social innovation communities, grow the social entrepreneurship community, and enhance the relationships and interactions between social entrepreneurs.$8,814-
Innovation Challenges - Forward Communities administers philanthropic competitions that challenge entrepreneurs to develop, implement, and scale high-impact ideas that address societal issues.$4,263-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keeva KaseExecutive DirectorFT$22,542-$22,542
Christopher GergenDirector-$0--
Alison DorseyDirector-$0--
Tucker BartlettChairmanPT$0--
Farad AliVice Chair-$0--
Matt NashSecretary-$0--
Luis PastorTreasurer-$0--
John-Paul SmithDirector-$0--
Ken LewisDirector-$0--
Filing and Contact Details

Filer

EIN
80-0721191
Phone
9192289365

Signing Officer

Name
Keeva Kase
Title
Executive Director
Signed
2014-08-12
Discuss with paid preparer
Yes

Preparer

Preparer
Darren Hunicutt
Phone
9194191119
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $808

Other Expenses.1003

Information Technology $500

Other Expenses.1012

Insurance $280

Other Expenses.1

Refreshments $2063

Other Assets.1005

Accounts Receivable - Beginning $9982 Accounts Receivable - Ending $15191

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $910

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1186

Total Liabilities.1

Funds Held for Fellows - Beginning $0 Funds Held for Fellows - Ending $7500

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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/PreparerPersonGrp/PhoneNum09194191119
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Darren Hunicutt
ReturnHeader/ReturnTs02014-08-12T13:22:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings