BETA

FORWARD CITIES INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FORWARD CITIES INC (EIN 13-4302280)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-10-11
IRS object ID
202122849349300117
Schema version
2020v4.1
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)
Return2021-10-11T08:32:57-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561445619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NEAL BRADSHER & TAYLOR PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14721 EMPEROR BOULEVARD SUITE 130AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27703ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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
Phone9199284480PhoneNum

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 & CEOPersonTitleTxt
Phone9199284480PhoneNum
Signature2021-09-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstFAYPersonFirstNm
Person LastHORWITTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL CLONCHPreparerPersonNm
PTINP01380043PTIN
Phone9194893369PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$2,482,768GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFORWARDCITIES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO CREATE OPPORTUNITIES FOR SHARED PROSPERITY THROUGH INCLUSIVE AND EQUITABLE ENTREPENEURIAL ECOSYSTEM DEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,273,229PYContributionsGrantsAmt
CY Contributions Grants$1,787,331CYContributionsGrantsAmt
PY Program Service Revenue$505,396PYProgramServiceRevenueAmt
CY Program Service Revenue$612,127CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$83,310CYOtherRevenueAmt
PY Total Revenue$2,778,625PYTotalRevenueAmt
CY Total Revenue$2,482,768CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,542,764PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,839,705CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$822,002PYOtherExpensesAmt
CY Other Expenses$843,425CYOtherExpensesAmt
PY Total Expenses$2,364,766PYTotalExpensesAmt
CY Total Expenses$2,683,130CYTotalExpensesAmt
PY Revenues Less Expenses$413,859PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$200,362CYRevenuesLessExpensesAmt
Total Assets BOY$1,137,143TotalAssetsBOYAmt
Total Assets EOY$889,550TotalAssetsEOYAmt
Total Liabilities BOY$155,683TotalLiabilitiesBOYAmt
Total Liabilities EOY$108,452TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$981,460NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$781,098NetAssetsOrFundBalancesEOYAmt
MissionTO CREATE OPPORTUNITIES FOR SHARED PROSPERITY THROUGH INCLUSIVE AND EQUITABLE ENTREPRENEURIAL ECOSYSTEM DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$728,430ExpenseAmt
Revenue$515,394RevenueAmt
DescCOMMUNITY ENTREPRENEURSHIP ACCELERATORS (CEA): THE COMMUNITY ENTREPRENEURSHIP ACCELERATORS, WHICH WAS LAUNCHED IN 2019, BEGAN IN EARNEST IN 2018 WITH THE SELECTION OF PARTICIPATING CITIES, HIRING ON THE GROUND LOCAL DIRECTORS, AND BUILDING THE PROGRAM FOR SUCCESS. THE CEA PROGRAM IS DEVELOPED TO ACHIEVE SHORT-TERM OUTCOMES TO LAY THE FOUNDATION FOR ACHIEVING MEDIUM-TERM IMPACTS. THE CITIES SELECTED FOR CEA WORK INCLUDED: PITTSBURGH, PA, INDIANAPOLIS, IN, FRANKLIN COUNTY, OH, AND WESTMORELAND COUNTY, PA.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,105,557ExpenseAmt
DescESHIP COMMUNITIES: ESHIP COMMUNITIES, WITH SUPPORT FROM THE KAUFFMAN FOUNDATION, LAUNCHED IN 2019 WITH SIGNIFICANT GROUNDWORK IN LATE-2018. THIS WORK INCLUDED SELECTION OF A CITY, KANSAS CITY, MO, AND THE HIRING OF A LOCAL DIRECTOR TO WORK WITH LOCAL ENTREPRENEURS IN THE KANSAS CITY AREA. IN 2019, WORK EXPANDED INTO BALTIMORE, THE RIO GRANDE REGION OF NEW MEXICO, AND LONG BEACH, CADesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$247,375ExpenseAmt
Revenue$116,139RevenueAmt
DescMINIMAL VIABLE SOLUTIONS (MVS) ARE STRATEGIES THAT HAVE BEEN IDENTIFIED THROUGH A COMMUNITY-LED PROCESS TO ADDRESS BARRIERS TO INCREASING ENTREPREMEURIAL STARTS AND SMALL BUSINESS GROWTH IN UNDERCONNECTED COMMUNITIES. MVS ARE CO-CREATED IN THE COURSE OF DATA-INFORMED FACILITATION PROCESS INVOLVING LOCAL WORKING GROUPS, LOCAL ENTREPRENEURS, ENTREPRENEURIAL SUPPORTERS AND FORWARD CITIES. THEY ARE DESIGNED TO TEST A SET OF PILOT INTERVENTIONS THAT, IF SUCCESSFUL, CAN BE SCALED TO BENEFIT A BROADER SET OF ENTREPRENEURS IN SIMILAR NEIGHBORHOODS, THE CITY AND/OR THE REGION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$205,543ExpenseAmt
Revenue$63,904RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$205,543TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$63,904TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,286,905TotalProgramServiceExpensesAmt
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 FootnoteYes (1)IncludeFIN48FootnoteInd
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 Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee27EmployeeCnt
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
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CORPORATIONBusinessNameLine1Txt
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 (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRIAN PAYNE
CHAIR2.00Yes (X)Yes (X)$0$0$0
WALKER SANDERS
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
CATHY BELK
TREASURER2.00Yes (X)Yes (X)$0$0$0
PAUL S GROGAN
MEMBER0.50Yes (X)$0$0$0
TAWANNA BLACK
MEMBER0.50Yes (X)$0$0$0
MAURICE JONES
MEMBER0.50Yes (X)$0$0$0
ALEX DERKSON
MEMBER0.50Yes (X)$0$0$0
BRANDON COSBY
MEMBER0.50Yes (X)$0$0$0
JEAN HORSTMAN
MEMBER0.50Yes (X)$0$0$0
CHRISTOPHER GERGEN
CEO40.00Yes (X)$146,043$0$4,740
FieldValueIRS element (for citing)
Total Reportable Comp From Org$146,043TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$4,740TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$60,731MembershipDuesAmt
Government Grants$302,808GovernmentGrantsAmt
All Other Contributions$1,423,792AllOtherContributionsAmt
Total Contributions$1,787,331TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONTRACT REVENUE900099$588,893$588,893
SPEAKER FEES900099$16,400$16,400
PROGRAM FEES900099$6,834$6,834
FieldValueIRS element (for citing)
Total Program Service Revenue$612,127TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$83,310TotalRevenueColumnAmt
Related Or Exempt Func Income$83,310RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$83,310OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,482,768TotalRevenueColumnAmt
Related Or Exempt Func Income$695,437RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$150,783TotalAmt
Program Services$132,810ProgramServicesAmt
Management And General$17,973ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,451,349TotalAmt
Program Services$1,278,348ProgramServicesAmt
Management And General$173,001ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$99,321TotalAmt
Program Services$87,482ProgramServicesAmt
Management And General$11,839ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$138,252TotalAmt
Program Services$121,772ProgramServicesAmt
Management And General$16,480ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,748TotalAmt
Management And General$23,748ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$159,073TotalAmt
Program Services$119,623ProgramServicesAmt
Management And General$39,450ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$53,107TotalAmt
Program Services$16,352ProgramServicesAmt
Management And General$36,755ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,499TotalAmt
Management And General$5,499ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,160TotalAmt
Program Services$1,931ProgramServicesAmt
Management And General$13,229ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,232TotalAmt
Program Services$5,111ProgramServicesAmt
Management And General$121ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$50,051TotalAmt
Program Services$50,051ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,456TotalAmt
Management And General$1,456ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,004TotalAmt
Management And General$5,004ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MVS EXPENSES$247,375$247,375
ESHIP$194,484$194,484
RESEARCH DEPARTMENT$28,412$28,412
DEVELOPMENT & OPERATION$28,358$28,358

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$26,466TotalAmt
Program Services$3,154ProgramServicesAmt
Management And General$23,312ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,683,130TotalAmt
Program Services$2,286,905ProgramServicesAmt
Management And General$396,225ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$720,215BOYAmt
EOY$889,050EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$397,000BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,928BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,000BOYAmt
EOY$500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,137,143BOYAmt
EOY$889,550EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$155,683BOYAmt
EOY$108,452EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$155,683BOYAmt
EOY$108,452EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$53,045BOYAmt
EOY-$121,408EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$928,415BOYAmt
EOY$902,506EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$981,460BOYAmt
EOY$781,098EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,137,143BOYAmt
EOY$889,550EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$200,362ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
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$644,032CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$909,753CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,408,391CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,273,229CurrentTaxYearMinus1YearAmt
Current Tax Year$1,787,331CurrentTaxYearAmt
Total$7,022,736TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$644,032CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$909,753CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,408,391CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,273,229CurrentTaxYearMinus1YearAmt
Current Tax Year$1,787,331CurrentTaxYearAmt
Total$7,022,736TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,209,258SubstantialContributorsTotAmt
Public Support Total170$4,813,478PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,000CurrentTaxYearMinus2YearsAmt
Total$8,300TotalAmt
FieldValueIRS element (for citing)
Total Support$7,031,036TotalSupportAmt
Gross Receipts Rltd Activities$1,200,832GrossReceiptsRltdActivitiesAmt
Public Support CY1700.68460PublicSupportCY170Pct
Public Support PY1700.81020PublicSupportPY170Pct
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
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,482,768TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,482,768RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,482,768TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,683,130TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,683,130ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,683,130TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT HAS CONSIDERED THE TAX POSITIONS TAKEN IN ITS TAX RETURNS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY FORWARD CITIES, INC. IN ITS FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. GENERALLY, TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS; THEREFORE, THE ORGANIZATION DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER GERGENPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$146,043BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$4,740NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$150,783TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATIONS PRESIDENT/CEO AND MANAGER OF FIANANCE 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 CONFICTS 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 15OFFICER SALARY IS INCLUDED IN THE BUDGET APPROVAL PROCESS AND REFLECTED IN THE EMPLOYEMENT AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 18GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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 2C:NO CHANGES WERE MADE TO THE OVERSIGHT PROCESS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.