Liabilities / Assets
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2020 • EIN 81-5308319
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
20th 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
45th percentile
Higher top officer pay than 45% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Down$819,972
Down $369 (-0.0%) from 2019
Net Assets
Down$819,972
Down $369 (-0.0%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue
Down$42,910
Down $769,597 (-95%) from 2019
Expenses
Down$43,534
Down $11,136 (-20%) from 2019
Net Income
Down-$624
Down $758,461 (-100%) from 2019
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 | $750,000 | $750,000 | → $0 |
| Savings and Temporary Cash Investments | - | $41,097 | - |
| Cash and Non-Interest-Bearing Accounts | $60,403 | $18,937 | ▼ $41,466 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $820,341 | $819,972 | ▼ $369 |
| Other Assets Total | $9,938 | $9,938 | → $0 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $820,341 | $819,972 | ▼ $369 |
| Total Net Assets Fund Balance | $820,341 | $819,972 | ▼ $369 |
| Total Liabilities and Net Assets / Fund Balance | $820,341 | $819,972 | ▼ $369 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $700,000 | - | $700,000 |
| Land | $50,000 | - | $50,000 |
| Name | Title |
|---|---|
| Kerwin Webb | Chairman |
| Gilda Rogers | Executive Director |
| Birgit Mondesir | Trustee |
| Candace Kelly | Trustee |
| Katherine McAulay | Trustee |
| Mark Fitzsimmons | Trustee |
| Roger Mumford | Trustee |
| Ron Bernstein | Trustee |
| Walter Greason | Trustee |
| Robin Blair | Secretary |
| Lyla Wilkins | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $43,534 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $2,353 | $1,567 | - | $3,920 |
| All Other Expenses | $1,272 | $2,570 | - | $3,842 |
| Insurance | $2,253 | $692 | - | $2,945 |
| Office Expenses | $985 | $656 | - | $1,641 |
| Information Technology | $30 | $599 | - | $629 |
| Fees for Services Legal | - | $310 | - | $310 |
| Total Functional Expenses | $27,380 | $16,154 | $0 | $43,534 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The 990 is submitted to all board members for review and approval prior to filing. The approval is reflected in meeting minutes.”
“At each quarterly board meeting, the President asked and the Secretary recorded if any board members, officers, volunteers or guests had a conflict of interest as reflected in the Foundation's policy. No conflicts were reported.”
“Available upon request.”
“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.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| 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/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2570 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1272 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 3842 |
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| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -624 |
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| IRS990/CYTotalExpensesAmt | 0 | 43534 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/CYTotalRevenueAmt | 0 | 42910 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | COVID-19 was the major cause that put the T. Thomas Cultural Center on pause from March, 2020 until August 21, 2020, when the Cultural Center hosted its very first Facebook Live event in celebration of Count Basie's birthday. We had been preparing to open our Count Basie exhibit and then COVID-19 rearranged everything. We suffered a loss of funds from dated marketing materials to advertise the exhibit to withdrawing our contract with the caterer. However, onSeptember 25, 2020, we were able to finally open the highly anticipated new exhibit: "A Love Letter to Count Basie: From the Great Migration to the Harlem Renaissance." It had been put on hold for seven months due to the pandemic. However, with strict safety protocols, the Cultural Center opened the exhibit to great fanfare. The reception as held on the front t lawn of the Cultural Center for safety, while small groups of 5-6 people, all of whom were masked, were escorted into the Fortune Cultural Center, to view the exhibit. To stay connected to our patrons the Cultural Center transitioned to virtual online program events, such as the Women-In-Media Film Festival in October that explored stories told by filmmakers of he African Diaspora. Before the pandemic, the Film Festival had been scheduled to be held in April, when the country was on total lockdown. The online event promoted by Women-In-Media and the Cultural Center attracted a large viewing audience. We reignited our book club and we met monthly to discuss the book Caste, by Isabel Wilkerson.In November, we opened the doors of the Cultural Center for a Black Friday vendor shopping event that was held from noon to 4:00 pm, with everyone having to wear a mask in the building. It proved to be a success in attracting vendors and patrons. The Cultural Center followed that up with a Facebook Live event in December, titled: Re imagining the Police, which received over 3,000 reviews, the power of social media proved to be a force in us keeping in touch with our audience and patrons.Partnering with Two River Theater in Red Bank, the T. Thomas Fortune Cultural Center presented an online professional development workshop for teachers - The Art of Social Justice - linking the arts and the T. Thomas Fortune Cultural Center's mission of advocating for social justice together. We had teachers join this virtual event from all over the state of New Jersey and there was a teacher who logged on from the Mid-West.Throughout the pandemic, we've been successful in bringing up-to-date information to our patrons through our widely read Noteworthy newsletter. It has been beneficial in keeping the Cultural Center connected to donors, patrons, corporations, and nonprofits, alike. Our innovative efforts to stay in contact with our audience attracted new patrons despite the COVID-19 challenges we faced. Indeed, we are grateful. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 310 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
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| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee |
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| IRS990/MissionDesc | 0 | 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 |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 985 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1641 |
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| IRS990/OperateHospitalInd | 0 | false |
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| IRS990/OtherExpensesGrp/Desc | 1 | Supplies |
| IRS990/OtherExpensesGrp/Desc | 2 | Event epenses |
| IRS990/OtherExpensesGrp/Desc | 3 | Utilities |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1567 |
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| IRS990/PrincipalOfficerNm | 0 | Gilda Rogers |
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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 | Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part III, Line 4: Description of organization's collections and how it furthers its purpose. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 990 is submitted to all board members for review and approval prior to filing. The approval is reflected in meeting minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | At each quarterly board meeting, the President asked and the Secretary recorded if any board members, officers, volunteers or guests had a conflict of interest as reflected in the Foundation's policy. No conflicts were reported. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
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| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | POBox 2248 |
| IRS990/USAddress/CityNm | 0 | Red Bank |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07701 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | www.tthomasfortunefoundation.org |
| IRS990/WhistleblowerPolicyInd | 0 | true |
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Displayed year
2020 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.