Civic Intelligence

T Thomas Fortune Foundation

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.

PO Box 2248Red Bank, NJ 07701

www.tthomasfortunefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-0.2%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2017: $19,045Liabilities 2017: $0Net Assets 2017: $19,0452017Assets 2018: $35,092Liabilities 2018: $0Net Assets 2018: $35,0922018Assets 2019: $820,341Liabilities 2019: $0Net Assets 2019: $820,3412019Assets 2020: $819,972Liabilities 2020: $0Net Assets 2020: $819,9722020Assets 2021: $921,468Liabilities 2021: $27,484Net Assets 2021: $893,9842021Assets 2022: $911,953Liabilities 2022: $5,435Net Assets 2022: $906,5182022Assets 2023: $914,229Liabilities 2023: $4,989Net Assets 2023: $909,2402023Assets 2024: $908,723Liabilities 2024: $0Net Assets 2024: $908,7232024

Highlighted filing

2024

Assets$908,723
Liabilities$0
Net Assets$908,723

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2017: $23,269Expenses 2017: $4,224Net Income 2017: $19,0452017Revenue 2018: $22,491Expenses 2018: $6,444Net Income 2018: $16,0472018Revenue 2019: $812,507Expenses 2019: $54,670Net Income 2019: $757,8372019Revenue 2020: $42,910Expenses 2020: $43,534Net Income 2020: -$6242020Revenue 2021: $131,261Expenses 2021: $55,918Net Income 2021: $75,3432021Revenue 2022: $103,424Expenses 2022: $84,141Net Income 2022: $19,2832022Revenue 2023: $128,883Expenses 2023: $127,315Net Income 2023: $1,5682023Revenue 2024: $132,664Expenses 2024: $133,307Net Income 2024: -$6432024

Highlighted filing

2024

Revenue$132,664
Expenses$133,307
Net Income-$643

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.0
Gross Receipts
$132,664
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Buildings$463,846$38,654$502,500
Land$247,500-$247,500
Other Land Buildings$31,793$3,339$35,132
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gilda RogersExecutive DiPT$34,588$34,588

Board Members and Trustees

NameTitle
Kerwin WebbChairman
Walter GreasonPresident Em
Birgit MondesirTrustee
Candace KelleyTrustee
Holly KluckTrustee
Katherine McaulayTrustee
Lyla WilkinsTrustee
Mark FitzsimmonsTrustee
Roger MumfordTrustee
Robin BlairSecretary
James KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$129,751
Program Service Revenue
$1,419
Investment Income
$1,494
Other Revenue
$0
All Other Contributions
$129,751
Change in Net Assets
$-643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is submitted to executive director for review and approval prior to filing. Board members review and approval is reflected.

Form 990, Page 6, Part VI, Line 12C

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

Form 990, Page 6, Part VI, Line 15A

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.

Form 990, Page 6, Part VI, Line 15B

The decision to hire an employee is based on comparability data, and is presented to the board for review and approval.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
T Thomas Fortune Foundation
EIN
81-5308319
Phone
7323835483
Address
PO BOX 2248, RED BANK, NJ 07701

Signing Officer

Name
Gilda Rogers
Title
Executive Director
Phone
7323835483
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gilda Rogers
Formed
2016
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
10

Preparer

Firm
Roger K Stein CPA LLC
Address
2300 STATE ROUTE 66 STE 202, NEPTUNE, NJ 07753-4069
Preparer
Roger K Stein CPA
Phone
7328691170
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

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.

Form 990, Part IX, Line 24E

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

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

Historical books for library collection and artwork

Schedule D, Page 2, Part III, Line 4

Historical books to add to the new t thomas fortune library collection

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt022630
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0129751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0101140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt023159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0480913
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt038654
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0247500
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03339
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HISTORICAL BOOKS FOR LIBRARY COLLECTION AND ARTWORK
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1HISTORICAL BOOKS TO ADD TO THE NEW T THOMAS FORTUNE LIBRARY COLLECTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART III, LINE 1A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART III, LINE 4
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1THE 990 IS SUBMITTED TO EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL PRIOR TO FILING. BOARD MEMBERS REVIEW AND APPROVAL IS REFLECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT 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/ExplanationTxt3THE 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/ExplanationTxt4THE DECISION TO HIRE AN EMPLOYEE IS BASED ON COMPARABILITY DATA, AND IS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPUTER & 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/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/TravelGrp/TotalAmt0987
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IRS990/USAddress/AddressLine1Txt0PO BOX 2248
IRS990/USAddress/CityNm0RED BANK
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IRS990/WebsiteAddressTxt0WWW.TTHOMASFORTUNEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GILDA ROGERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07323835483
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0T THOMAS FORTUNE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TTHO
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ReturnHeader/Filer/PhoneNum07323835483
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2248
ReturnHeader/Filer/USAddress/CityNm0RED BANK
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0853351356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGER K STEIN CPA LLC

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