BETA

FORWARD CITIES INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FORWARD CITIES INC (EIN 13-4302280)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202433209349314683
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T13:23:48-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561304727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLACKMAN & SLOOP ADVISORS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11414 RALEIGH ROAD SUITE 300AddressLine1Txt
CityCHAPEL HILLCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27517ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134302280EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORWARD CITIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFORWBusinessNameControlTxt
Phone9109284480PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2008AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27702ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFAY HORWITTPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone9109284480PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEETRA B WATSONPreparerPersonNm
PTINP00534544PTIN
Phone9199428700PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFAY HORWITTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2008AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27702ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,072,854GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://FORWARDCITIES.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO EQUIP COMMUNITY LEADERS, CATALYZE NARRATIVE CHANGE, AND MEASURE PROGRESS OVER TIME, LEVERAGING FIRST-HAND ECOSYSTEM BUILDING EXPERIENCES ACROSS THE NATION.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,673,950PYContributionsGrantsAmt
CY Contributions Grants$1,020,459CYContributionsGrantsAmt
PY Program Service Revenue$183,730PYProgramServiceRevenueAmt
CY Program Service Revenue$50,500CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$2,747PYOtherRevenueAmt
CY Other Revenue$1,895CYOtherRevenueAmt
PY Total Revenue$1,860,427PYTotalRevenueAmt
CY Total Revenue$1,072,854CYTotalRevenueAmt
PY Grants And Similar Paid$257,289PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$196,802CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,393,938PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$859,989CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$24,484CYTotalFundraisingExpenseAmt
PY Other Expenses$602,829PYOtherExpensesAmt
CY Other Expenses$503,595CYOtherExpensesAmt
PY Total Expenses$2,254,056PYTotalExpensesAmt
CY Total Expenses$1,560,386CYTotalExpensesAmt
PY Revenues Less Expenses-$393,629PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$487,532CYRevenuesLessExpensesAmt
Total Assets BOY$790,542TotalAssetsBOYAmt
Total Assets EOY$303,010TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$790,542NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$303,010NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO EQUIP COMMUNITY LEADERS, CATALYZE NARRATIVE CHANGE, AND MEASURE PROGRESS OVER TIME, LEVERAGING FIRST-HAND ECOSYSTEM BUILDING EXPERIENCES ACROSS THE NATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$384,401ExpenseAmt
Grant$139,593GrantAmt
DescTHE E3 DURHAM COMMUNITY NAVIGATOR PILOT PROGRAM, FUNDED BY THE SMALL BUSINESS ADMINISTRATION, IS DESIGNED TO ADDRESS SYSTEMIC, STRUCTURAL, CULTURAL, AND DEMOGRAPHIC INEQUITIES IN THE DURHAM, NC AREA THAT ARE PREVENTING ENTREPRENEURS FROM ACCESSING EQUITABLE OPPORTUNITIES. DURING THIS PILOT PROGRAM FORWARD CITIES, INC., WILL ACT AS A "HUB" THAT FOCUSES ON HELPING EXISTING LOCAL NAVIGATION PARTNERS CONNECT WITH AND ENGAGE ECONOMICALLY DISADVANTAGED AND/OR DISCONNECTED ENTREPRENEURS. THESE NAVIGATION PARTNERS, ALSO CALLED SPOKES, IN TURN PROVIDE EDUCATIONAL OPPORTUNITIES, NETWORKING, TECHNICAL ASSISTANCE, PROFESSIONAL SERVICES, COUNSELING, ACCESS TO CAPITAL, AND OTHER CRITICAL RESOURCES FOR EARLY-TO-MID-STAGE ENTREPRENEURS. THIS COLLABORATIVE EFFORT WILL BUILD A COMMUNITY AND A DUPLICABLE FRAMEWORK TO ADDRESS LONG-TERM SYSTEMIC BIASES, BARRIERS AND OTHER CHALLENGES FACED BY UNDERSERVED ENTREPRENEURS THROUGH A SYSTEMS-CHANGE APPROACH.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$323,107ExpenseAmt
DescTHE BLACK WALL STREET FORWARD PILOT PROGRAM LAUNCHED IN 2022 AND WAS MODELED ON THE PILLARS THAT MADE DURHAM'S ORIGINAL BLACK WALL STREET SUCCESSFUL, WITH THE GOAL OF CONTINUING THE LEGACY OF CATALYZING BLACK BUSINESS OWNERS AND CHAMPIONS. THE TRANSFORMATIVE PROGRAM ENGAGED FIVE COMMUNITIES THROUGHOUT THE STATE OF NORTH CAROLINA IN A COHORT-BASED LEARNING JOURNEY TO EXPLORE THE PAST AND PRESENT OF BLACK ENTREPRENEURSHIP IN THOSE COMMUNITIES AND TO TAKE COLLABORATIVE ACTION TO BUILD A BETTER COLLECTIVE FUTURE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$104,351ExpenseAmt
Grant$57,000GrantAmt
Desc-E3 INDY - THROUGH THE INDY E3 ENGAGEMENT, FORWARD CITIES ACTIVATED A RACIAL EQUITY COALITION FRAMEWORK TO HELP INDY ECOSYSTEM LEADERS DETERMINE THE BEST WAY TO CATALYZE STAKEHOLDERS TOWARD THE DEVELOPMENT OF THE ECOSYSTEM CONDITIONS NECESSARY FOR SHORT-TERM RECOVERY FOR BLACK AND LATINX OWNED BUSINESSES BALANCED WITH LONG-TERM RESILIENCY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$329,783ExpenseAmt
Grant$209GrantAmt
Revenue$50,500RevenueAmt
DescE3 VOICES: FORWARD CITIES USES THE EXPERIENCE GAINED IN ALL THE PROGRAMS TO DEVELOP E3 VOICES THAT CREATED THOUGHT LEADERSHIP, SPEAKING ENGAGEMENTS, AND RESEARCH PUBLICATIONS RELATED TO DIVERSITY, EQUITY, AND INCLUSION.E3 NATION: FORWARD CITIES ALSO LEVERAGES ITS OWN LEARNINGS TO TRAIN AND EQUIP ECOSYSTEM BUILDERS AND OTHER ORGANIZATIONS ACROSS THE COUNTRY WITH THE SKILLS THEY NEED TO EFFECTIVELY DEVELOP THEIR OWN EQUITABLE ENTREPRENEURIAL ECOSYSTEMS. PRIMARY CLIENTS AND PROGRAM ACCOMPLISHMENTS INCLUDED:-EWING MARION KAUFFMAN LEARNING GRANT - IN 2023, FORWARD CITIES PROVIDED CONSULTING SERVICES TO THE EMKF EVALUATION DEPARTMENT BY PUTTING IN PLACE A STRONG LEARNING FOUNDATION TO BUILD OFF OF THE SOON TO BE COMPLETED FOUR YEAR ESHIP COMMUNITIES PROJECT. E3 SOLUTIONS: FORWARD CITIES LEVERAGES ITS EXTENSIVE EXPERIENCE CONVENING CROSS-SECTOR AND DIVERSE STAKEHOLDERS TO ASSESS THE HEALTH OF A CITY'S EQUITABLE ENTREPRENEURIAL ECOSYSTEM (E3). AND TO PROVIDE CONSULTING SERVICES FOR OTHER ORGANIZATIONS. PRIMARY CLIENTS AND PROGRAM ACCOMPLISHMENTS INCLUDED:-ESHIP COMMUNITIES- ESHIP COMMUNITIES WAS A COMMUNITY-DRIVEN APPROACH FOR BUILDING ENTREPRENEURIAL ECOSYSTEMS THAT FOSTER INCLUSION, RELATIONSHIPS, COLLABORATION, AND SOCIAL CAPITAL ACROSS NETWORKS OF ENTREPRENEURS AND THOSE WHO SUPPORT THEM. THE PROGRAM SUPPORTED THE CREATION AND EVALUATION OF A REPEATABLE, BOTTOM-UP APPROACH TO BUILDING AND STRENGTHENING ENTREPRENEURIAL ECOSYSTEMS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$329,783TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$209TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$50,500TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$1,141,642TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAY HORWITTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9199284480PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2008AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27702ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DEMETRA BROWN
MEMBER FROM 2.20235.00Yes (X)$0$0$0
CHRISTINA CAIN
MEMBER5.00Yes (X)$0$0$0
LAUREN PAUL
MEMBER FROM 2.20235.00Yes (X)$0$0$0
TREVOR SMITH
MEMBER5.00Yes (X)$0$0$0
PETE CARLSON
BOARD CHAIR10.00Yes (X)$0$0$0Yes (X)
ADRIAN SMITH
TREASURER10.00Yes (X)$0$0$0Yes (X)
C FAY HORWITT
PRESIDENT AND CEO40.00$138,978$0$7,741Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$138,978TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,741TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$439,765GovernmentGrantsAmt
All Other Contributions$580,694AllOtherContributionsAmt
Total Contributions$1,020,459TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONSULTINGDesc
Business611430BusinessCd
Total Revenue Column$50,500TotalRevenueColumnAmt
Related Or Exempt Func Income$50,500RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$50,500TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business561499BusinessCd
Total Revenue Column$1,895TotalRevenueColumnAmt
Exclusion$1,895ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,895OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,072,854TotalRevenueColumnAmt
Related Or Exempt Func Income$50,500RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,895ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$196,802TotalAmt
Program Services$196,802ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$146,719TotalAmt
Program Services$121,347ProgramServicesAmt
Management And General$25,372ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$544,121TotalAmt
Program Services$450,030ProgramServicesAmt
Management And General$94,091ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$33,847TotalAmt
Program Services$27,994ProgramServicesAmt
Management And General$5,853ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$81,276TotalAmt
Program Services$50,625ProgramServicesAmt
Management And General$30,213ManagementAndGeneralAmt
Fundraising$438FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$54,026TotalAmt
Program Services$45,563ProgramServicesAmt
Management And General$8,463ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$350TotalAmt
Management And General$350ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$71,059TotalAmt
Management And General$71,059ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,306TotalAmt
Management And General$8,306ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,163TotalAmt
Program Services$1,126ProgramServicesAmt
Fundraising$37FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,229TotalAmt
Management And General$33,229ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$60,352TotalAmt
Program Services$22,161ProgramServicesAmt
Management And General$26,221ManagementAndGeneralAmt
Fundraising$11,970FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$46,926TotalAmt
Program Services$40,171ProgramServicesAmt
Management And General$5,164ManagementAndGeneralAmt
Fundraising$1,591FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$32,399TotalAmt
Program Services$32,399ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,355TotalAmt
Program Services$1,341ProgramServicesAmt
Management And General$4,014ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUBCONTRACTORS$235,740$143,752$81,540$10,448
MISCELLANEOUS$8,148$7,763$385
EQUIPMENT$568$568

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,560,386TotalAmt
Program Services$1,141,642ProgramServicesAmt
Management And General$394,260ManagementAndGeneralAmt
Fundraising$24,484FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$790,542BOYAmt
EOY$303,010EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$790,542BOYAmt
EOY$303,010EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$149,078BOYAmt
EOY$9,956EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$939,620BOYAmt
EOY$293,054EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$790,542BOYAmt
EOY$303,010EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$790,542BOYAmt
EOY$303,010EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$487,532ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,273,229CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,787,331CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,031,828CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,673,950CurrentTaxYearMinus1YearAmt
Current Tax Year$1,020,459CurrentTaxYearAmt
Total$8,786,797TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,273,229CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,787,331CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,031,828CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,673,950CurrentTaxYearMinus1YearAmt
Current Tax Year$1,020,459CurrentTaxYearAmt
Total$8,786,797TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,640,299SubstantialContributorsTotAmt
Public Support Total170$4,146,498PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$1,895CurrentTaxYearAmt
Total$1,895TotalAmt
FieldValueIRS element (for citing)
Total Support$8,788,692TotalSupportAmt
Gross Receipts Rltd Activities$236,977GrossReceiptsRltdActivitiesAmt
Public Support CY1700.47180PublicSupportCY170Pct
Public Support PY1700.48100PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,072,854TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,072,854RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,072,854TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,560,386TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,560,386ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,560,386TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
NORTH CAROLINA CENTRAL UNIVERSITY SCHOOL OF BUSINESS
1801 FAYETTEVILLE STREETDURHAMNC27707566000730501(C)(3)$0$12,500COMMUNITY NAVIGATOR SPOKE
DURHAM TECHNICAL COMMUNITY COLLEGE
1637 E LAWSON STREETDURHAMNC27703560792513501(C)(3)$0$37,500COMMUNITY NAVIGATOR SPOKE
ECHO
506 RAMSEUR ST SUITE 1DURHAMNC27701474482327$0$22,500COMMUNITY NAVIGATOR SPOKE
INFINITY BRIDGES
8311 BRIER CREEK PKWY STE 105-271RALEIGHNC27617831897412$0$27,500COMMUNITY NAVIGATOR SPOKE
KNOX ST STUDIOSAB COMMUNITY
1307 W KNOX STREETDURHAMNC27705831354743$0$18,750COMMUNITY NAVIGATOR SPOKE
PROVIDENT1898
411 W CHAPEL HILL STREET SUITE C2DURHAMNC27701611920240$0$18,750COMMUNITY NAVIGATOR SPOKE
BLACK ONYX MANAGEMENT INC
1389 W 86TH STINDIANAPOLISIN46260812118788$0$25,000THE INDIANAPOLIS COMMUNITY ENTREPRENEURSHIP ACCELERATOR
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org5TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationCOMMUNITY NAVIGATOR SPOKE ARE ALL SPOKE PAYMENTS AS PART OF THE SBA COMMUNITY NAVIGATOR PILOT PROGRAM (CNPP) HUB AND SPOKE MODEL, OF WHICH FORWARD CITIES FUNCTIONS AS THE HUB. THESE ARE PASSTHROUGH PAYMENTS MANAGED BY FORWARD CITIES ON BEHALF OF THE SBA PROGRAM TO OUR PARTNER ORGANIZATIONS IN THE DURHAM COMMUNITY. THIS PROGRAM PROVIDES EDUCATIONAL PROGRAMS, NAVIGATION RESOURCES AND CONVENING EVENTS FOR LOCAL ENTREPRENEURS TO IMPROVE THEIR ACCESS TO SKILLS, TECHNICAL ASSISTANCE AND CAPITAL. THE INDIANAPOLIS COMMUNITY ENTREPRENEURSHIP ACCELERATOR - THESE GRANT FUNDS WERE USED TO HELP CREATE A SUSTAINABLE ENTREPRENEURIAL INFRASTRUCTURE IN INDIANAPOLIS. THIS INCLUDES PROVIDING FUNDING TO A LOCAL COORDINATOR TO ENSURE THAT THE INFRASTRUCTURE AND ECOSYSTEM HAVE SUSTAINABLE AND ONGOING LEADERSHIP ON THE GROUND.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATIONS PRESIDENT/CEO AND MANAGER OF FINANCE REVIEW THE DRAFT FORM 990. THEN EMAIL THE DRAFT RETURN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THEIR QUESTIONS OR COMMENTS ARE DIRECTED BACK TO THE PRESIDENT/CEO AND MANAGER OF FINANCE AND THE RETURN IS FINALIZED WITH ANY REVISIONS. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL FULL DISCLOSURE, IN WRITING, OF ALL POTENTIAL CONFLICTS OF INTERESTED PARTIES TO THE ORGANIZATION. ALL POTENTIAL CONFLICTS OF INTEREST REPORTED TO THE BOARD ARE REVIEWED AND VOTED ON AS TO WHETHER ANY FURTHER ACTION IS REQUIRED.
FORM 990, PART VI, SECTION B, LINE 15AOFFICER SALARY IS INCLUDED IN THE BUDGET APPROVAL PROCESS AND REFLECTED IN THE EMPLOYMENT AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CFINANCE AND AUDIT COMMITTEE TAKES FULL RESPONSIBILITY FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS. BOARD OF DIRECTORS ANNUALLY ENGAGES AUDIT FIRM TO PERFORM THE AUDIT OF THE FINANCIAL STATEMENTS.

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