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Not Forgotten Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260734351 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Not Forgotten Inc?

Not Forgotten Inc, based in Birmingham, Alabama, is a compact nonprofit organization with a single employee. Their primary mission is to extend charitable aid, specifically focusing on supporting orphaned and homeless children in Peru. This support encompasses funding for the construction of an orphanage and providing essentials such as food and living necessities. The organization's work is deeply rooted in the belief in the importance of supporting vulnerable children in need.


Official website here: www.notforgotten.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

Not Forgotten Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement, especially concerning its financial transparency and accountability practices. The charity's overall score is 69%, reflecting notable strengths in its board governance, including a fully independent board and a solid liabilities to assets ratio, which suggests a well-structured financial foundation.

However, the organization struggles significantly in areas related to financial statements and policies. It scored 0 out of 15 points for financial statements, highlighting a lack of adequate financial disclosure. Additionally, there are critical deficiencies in governance policies, including a missing conflict of interest policy and no whistleblower or document retention policies, which are essential for maintaining integrity and accountability.

Despite these limitations, Not Forgotten Inc demonstrates strong program expense ratios, indicating that a substantial portion of its resources is directed towards fulfilling its mission. Addressing the noted weaknesses, particularly in financial reporting and governance policies, would enhance its operational credibility and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Not Forgotten Inc legitimate?

Not Forgotten Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Not Forgotten Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $17,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.notforgotten.org/

What is the mission statement of Not Forgotten Inc?

Not Forgotten Inc, as a charitable organization, is dedicated to supporting orphans and street children in Peru. Their mission is manifested through providing financial assistance for constructing an orphanage and ensuring the availability of essentials like food for the Peruvian children in need. Their charitable activities aim to improve the living conditions and well-being of these vulnerable children.


Official website here: www.notforgotten.org/

Who is the CEO of Not Forgotten Inc?

Joseph T Fuqua is the Director of Not Forgotten Inc.


Official website here: www.notforgotten.org/

What is the revenue of Not Forgotten Inc?

Not Forgotten Inc's revenue in 2022 was $856,432.


Official website here: www.notforgotten.org/

Who are the executives of Not Forgotten Inc and what are their salaries?

The average compensation at Not Forgotten Inc during 2022 was $17,220. There is 1 employee and 19 volunteers at Not Forgotten Inc.


Here are 9 key members and their salaries:


Zachary C Shipps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles H Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel E Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Fuqua (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph T Fuqua (President/Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0
Brian C Cook (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison P Fuqua (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walton E Reed (Treasurer/Director)
  • Compensation: $4,020
  • Related: $0
  • Other: $0


Official website here: www.notforgotten.org/

Where can I find the form 990 for Not Forgotten Inc?

Not Forgotten Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.notforgotten.org/

Learn more at the official website: www.notforgotten.org/

Mission Statement of Not Forgotten Inc

Not Forgotten Inc, a charitable organization, is dedicated to supporting orphans and street children in Peru. Their mission is twofold: they provide financial assistance to a related charity in Peru for the construction of an orphanage, and they ensure the provision of essentials such as food for Peruvian children living under challenging circumstances. By contributing to the construction of an orphanage, Not Forgotten Inc creates safe havens for these children, offering them a place to call home. Additionally, by providing food and other necessities, the organization ensures that these children have their basic needs met, enriching their lives and helping them to overcome the hardships they face.

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Impact




October, 2024

Not Forgotten Inc has made a significant impact by supporting orphans and street children in Peru. Through financial assistance, it has facilitated the construction of an orphanage, providing a safe and nurturing environment for vulnerable children. Additionally, the organization supplies food and essential living resources, addressing immediate needs and improving the quality of life for these children. By focusing on the welfare and development of young individuals in challenging circumstances, Not Forgotten Inc plays a crucial role in fostering hope and stability for the most marginalized members of the community.




This information is meant to be a general summary of Not Forgotten Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$856,432 (2022)
Expenses
$672,728 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $856,432

Assets and Liabilities:

  • Total Assets: $594,081
  • Total Liabilities: $283
  • Net Assets: $593,798

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Organization Details

Founding Year

2007

Principal Officer

Joseph T Fuqua

Main Address

429 GLENWOOD ROAD, BIRMINGHAM, AL, 35216

NTEE Category

Code: P30 - Human services

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