Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 81-5308319 • 501(c)3 • Red Bank, NJ
Profile
The purpose of the t. Thomas fortune foundation is to preserve and further the civil rights and social justice legacy of t. Thomas fortune through community outreach, education and public programming.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
34th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Down$908,723
Down $5,506 (-0.6%) from 2023
Liabilities
Down$0
Down $4,989 (-100%) from 2023
Net Assets
Down$908,723
Down $517 (-0.1%) from 2023
Revenue
Up$132,664
Up $3,781 (+2.9%) from 2023
Expenses
Up$133,307
Up $5,992 (+4.7%) from 2023
Net Income
Down-$643
Down $2,211 (-141%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The T. Thomas Fortune Foundation was established to fulfill five initiatives:1. EDUCATE the public about the impact of T. Thomas Fortune's life and work as a journalist, writer and activist on civil rights and African American History;2. ADVOCATE for human rights and social justice broadly and in response to local, regional and national issues of the day and on behalf of current economic and human rights issues impacting education and communities;3. Promote better human relations and journalistic integrity and excellence, especially among the upcoming generations of social justice advocates and truth tellers;4. PRESERVE the National Historic Landmark home of T. Thomas Fortune as a Cultural Center and gathering place for education, research, community engagement, organizing and celebration;5. MAINTAIN the Cultural Center through fundraising, and sustain its operation as owner and manager, providing exhibition, research and meeting space for educational programming
The purpose of the t. Thomas fortune foundation is to preserve and further the civil rights and social justice legacy of t. Thomas fortune through community outreach, education and public programming.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $756,924 | $743,139 | ▼ $13,785 |
| Cash and Non-Interest-Bearing Accounts | $96,642 | $103,864 | ▲ $7,222 |
| Savings and Temporary Cash Investments | $22,630 | $22,637 | ▲ $7 |
| Accounts Receivable | $552 | - | - |
| Total Assets | $914,229 | $908,723 | ▼ $5,506 |
| Other Assets Total | $37,481 | $39,083 | ▲ $1,602 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $4,989 | - | - |
| Total Liabilities | $4,989 | $0 | ▼ $4,989 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $909,240 | $908,723 | ▼ $517 |
| Total Net Assets Fund Balance | $909,240 | $908,723 | ▼ $517 |
| Total Liabilities and Net Assets / Fund Balance | $914,229 | $908,723 | ▼ $5,506 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $463,846 | $38,654 | $502,500 |
| Land | $247,500 | - | $247,500 |
| Other Land Buildings | $31,793 | $3,339 | $35,132 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Gilda Rogers | Executive Di | PT | $34,588 | $34,588 |
| Name | Title |
|---|---|
| Kerwin Webb | Chairman |
| Walter Greason | President Em |
| Birgit Mondesir | Trustee |
| Candace Kelley | Trustee |
| Holly Kluck | Trustee |
| Katherine Mcaulay | Trustee |
| Lyla Wilkins | Trustee |
| Mark Fitzsimmons | Trustee |
| Roger Mumford | Trustee |
| Robin Blair | Secretary |
| James King | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $80,198 |
| Salaries, Compensation, and Employee Benefits | $53,109 |
| Total Fundraising Expense | $6,524 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $36,386 | $8,646 | - | $45,032 |
| All Other Expenses | $12,275 | $1,862 | - | $14,137 |
| Depreciation Depletion | $13,785 | - | - | $13,785 |
| Payroll Taxes | $6,526 | $1,551 | - | $8,077 |
| Other Expenses | $6,545 | $727 | $6,524 | $6,524 |
| Occupancy | $3,966 | $441 | - | $4,407 |
| Office Expenses | $174 | $4,120 | - | $4,294 |
| Insurance | $3,666 | $407 | - | $4,073 |
| Fees for Services Accounting | - | $1,426 | - | $1,426 |
| Advertising | $1,105 | - | - | $1,105 |
| Travel | $987 | - | - | $987 |
| Total Functional Expenses | $107,603 | $19,180 | $6,524 | $133,307 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The 990 is submitted to executive director for review and approval prior to filing. Board members review and approval is reflected.”
“At each quarterly board meeting, the president asked and the secretary recorded if any board members, officers, volunteers or guest had a conflict of interest as reflected in the foundation's policy. No conflicts were reported”
“The process for determining compensation for the executive director is reviewed and voted upon for approval based on comparable data and substantion of duties performed.”
“The decision to hire an employee is based on comparability data, and is presented to the board for review and approval.”
“UPON REQUEST”
“The t. Thomas fortune foundation was established to fulfill five initiatives: 1. Educate the public about the impact of t. Thomas fortunes life and work as a journalist, writer, and activist on civil rights and african american history. 2. Advocate for human rights and social justice broadly and in response to local, regional, and national issues of the day and on behalf of current economic and human rights issues impacting education and communities. 3. Promote better human relations and journalistic integrity and excellence, especially among the upcoming generations of social justice advocates and truth tellers. 4. Preserve the national historic landmark home of t. Thomas fortune as a cultural center and gathering place for education, research, community engagement, organizing and celebration. 5. Maintain the cultural center through fundraising, and sustain its operation as owner and manager, providing exhibition, research and meeting space for educational programming.”
“Computer & internet 3,740 416 0 scholarship awards 4,125 0 0 merchandise 2,244 0 0 licenses & fees 1,623 0 0 bank & credit card fees 0 1,446 0 outside services 500 0 0 education 43 0 0 total 12,275 1,862 0”
“Historical books for library collection and artwork”
“Historical books to add to the new t thomas fortune library collection”
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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|---|---|---|
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| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 552 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF THE T. THOMAS FORTUNE FOUNDATION IS TO PRESERVE AND FURTHER THE CIVIL RIGHTS AND SOCIAL JUSTICE LEGACY OF T. THOMAS FORTUNE THROUGH COMMUNITY OUTREACH, EDUCATION AND PUBLIC PROGRAMMING. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 1105 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RED BANK |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -643 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 53109 |
| IRS990/CYTotalExpensesAmt | 0 | 133307 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 6524 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 13785 |
| IRS990/Desc | 0 | THE T. THOMAS FORTUNE FOUNDATION WAS ESTABLISHED TO FULFILL FIVE INITIATIVES: 1. EDUCATE THE PUBLIC ABOUT THE IMPACT OF T. THOMAS FORTUNES LIFE AND WORK AS A JOURNALIST, WRITER, AND ACTIVIST ON CIVIL RIGHTS AND AFRICAN AMERICAN HISTORY. 2. ADVOCATE FOR HUMAN RIGHTS AND SOCIAL JUSTICE BROADLY AND IN RESPONSE TO LOCAL, REGIONAL, AND NATIONAL ISSUES OF THE DAY AND ON BEHALF OF CURRENT ECONOMIC AND HUMAN RIGHTS ISSUES IMPACTING EDUCATION AND COMMUNITIES. 3. PROMOTE BETTER HUMAN RELATIONS AND JOURNALISTIC INTEGRITY AND EXCELLENCE, ESPECIALLY AMONG THE UPCOMING GENERATIONS OF SOCIAL JUSTICE ADVOCATES AND TRUTH TELLERS. 4. PRESERVE THE NATIONAL HISTORIC LANDMARK HOME OF T. THOMAS FORTUNE AS A CULTURAL CENTER AND GATHERING PLACE FOR EDUCATION, RESEARCH, COMMUNITY ENGAGEMENT, ORGANIZING AND CELEBRATION. 5. MAINTAIN THE CULTURAL CENTER THROUGH FUNDRAISING, AND SUSTAIN ITS OPERATION AS OWNER AND MANAGER, PROVIDING EXHIBITION, RESEARCH AND MEETING SPACE FOR EDUCATIONAL PROGRAMMING. |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6545 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13518 |
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| IRS990/OtherExpensesGrp/TotalAmt | 2 | 7272 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6524 |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | GILDA ROGERS |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | HISTORICAL BOOKS FOR LIBRARY COLLECTION AND ARTWORK |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | HISTORICAL BOOKS TO ADD TO THE NEW T THOMAS FORTUNE LIBRARY COLLECTION |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 1, PART III, LINE 1A |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 2, PART III, LINE 4 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE T. THOMAS FORTUNE FOUNDATION WAS ESTABLISHED TO FULFILL FIVE INITIATIVES: 1. EDUCATE THE PUBLIC ABOUT THE IMPACT OF T. THOMAS FORTUNES LIFE AND WORK AS A JOURNALIST, WRITER, AND ACTIVIST ON CIVIL RIGHTS AND AFRICAN AMERICAN HISTORY. 2. ADVOCATE FOR HUMAN RIGHTS AND SOCIAL JUSTICE BROADLY AND IN RESPONSE TO LOCAL, REGIONAL, AND NATIONAL ISSUES OF THE DAY AND ON BEHALF OF CURRENT ECONOMIC AND HUMAN RIGHTS ISSUES IMPACTING EDUCATION AND COMMUNITIES. 3. PROMOTE BETTER HUMAN RELATIONS AND JOURNALISTIC INTEGRITY AND EXCELLENCE, ESPECIALLY AMONG THE UPCOMING GENERATIONS OF SOCIAL JUSTICE ADVOCATES AND TRUTH TELLERS. 4. PRESERVE THE NATIONAL HISTORIC LANDMARK HOME OF T. THOMAS FORTUNE AS A CULTURAL CENTER AND GATHERING PLACE FOR EDUCATION, RESEARCH, COMMUNITY ENGAGEMENT, ORGANIZING AND CELEBRATION. 5. MAINTAIN THE CULTURAL CENTER THROUGH FUNDRAISING, AND SUSTAIN ITS OPERATION AS OWNER AND MANAGER, PROVIDING EXHIBITION, RESEARCH AND MEETING SPACE FOR EDUCATIONAL PROGRAMMING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE 990 IS SUBMITTED TO EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL PRIOR TO FILING. BOARD MEMBERS REVIEW AND APPROVAL IS REFLECTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AT EACH QUARTERLY BOARD MEETING, THE PRESIDENT ASKED AND THE SECRETARY RECORDED IF ANY BOARD MEMBERS, OFFICERS, VOLUNTEERS OR GUEST HAD A CONFLICT OF INTEREST AS REFLECTED IN THE FOUNDATION'S POLICY. NO CONFLICTS WERE REPORTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND VOTED UPON FOR APPROVAL BASED ON COMPARABLE DATA AND SUBSTANTION OF DUTIES PERFORMED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE DECISION TO HIRE AN EMPLOYEE IS BASED ON COMPARABILITY DATA, AND IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | COMPUTER & INTERNET 3,740 416 0 SCHOLARSHIP AWARDS 4,125 0 0 MERCHANDISE 2,244 0 0 LICENSES & FEES 1,623 0 0 BANK & CREDIT CARD FEES 0 1,446 0 OUTSIDE SERVICES 500 0 0 EDUCATION 43 0 0 TOTAL 12,275 1,862 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
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| IRS990/USAddress/CityNm | 0 | RED BANK |
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| IRS990/USAddress/ZIPCd | 0 | 07701 |
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| IRS990/WebsiteAddressTxt | 0 | WWW.TTHOMASFORTUNEFOUNDATION.ORG |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-14 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 853351356 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROGER K STEIN CPA LLC |
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