Civic Intelligence

Richard J Forrest Sr and Betty J

EIN 85-4166313 • Carlsbad, NM

408 South Halgueno StreetCarlsbad, NM 88220
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-1733%

Higher net margin than 3% of similar nonprofits.

<$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

127%

Faster revenue growth than 92% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $761,295 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$0

Down $761,295 (-100%) from 2022

Revenue

Up

$71,515

Up $39,944 (+127%) from 2022

Expenses

Up

$1,311,183

Up $1,311,062 (+1083522%) from 2022

Net Income

Down

-$1,239,668

Down $1,271,118 (-4042%) from 2022

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $761,295Liabilities 2022: $0Net Assets 2022: $761,2952022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $31,571Expenses 2022: $121Net Income 2022: $31,4502022Revenue 2023: $71,515Expenses 2023: $1,311,183Net Income 2023: -$1,239,6682023

Highlighted filing

2023

Revenue$71,515
Expenses$1,311,183
Net Income-$1,239,668

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD FORRESTPres/Treas-$0--
BETTY FORRESTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Richard J Forrest Sr and Betty J
EIN
85-4166313
Address
408 SOUTH HALGUENO STREET, CARLSBAD, NM 88220

Signing Officer

Name
Betty Forrest
Title
Secretary
Signed
2024-05-10
Discuss with paid preparer
Yes

Preparer

Firm
David Fritschy CPA
Address
315 N CANAL ST STE B, CARLSBAD, NM 88220-5831
Preparer
David Fritschy
Phone
5752341612
Raw XML Appendix243 raw XML fields

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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LiquidationExplanationStmt/ExplanationTxt0IN JULY, 2023 THE FOUNDATION DISTRIBUTED ALL OF ITS REMAINING ASSETS TO ANOTHER 501(C)(3) ORGANIZATION AND WILL TERMINATE UNDER SECTION 507(B)(1). THE FOUNDATIONS REMAINING ASSETS CONSISTED ENTIRELY OF PUBLICLY TRADED SECURITIES AND CASH AND HAD A FAIR MARKET VALUE OF 1,251,183.
OtherIncreasesSchedule/OtherIncreasesDetail/Amt0478373
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0APPRECIATION IN DONATED INVESTMENTS
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RICHARD J FORREST SR AND BETTY J
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FORREST FAMILY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RICH
ReturnHeader/Filer/EIN0854166313
ReturnHeader/Filer/USAddress/AddressLine1Txt0408 SOUTH HALGUENO STREET
ReturnHeader/Filer/USAddress/CityNm0CARLSBAD
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ReturnHeader/Filer/USAddress/ZIPCd088220
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452571013
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID FRITSCHY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0315 N CANAL ST STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARLSBAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0882205831
ReturnHeader/PreparerPersonGrp/PhoneNum05752341612
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID FRITSCHY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-15T12:14:46-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FORREST
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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