Overview
What is Forerunner Fund?
Forerunner Fund is a nonprofit organization situated in Dallas, Texas. With a focus on supporting elementary school boys, they offer an after-school program aimed at nurturing young men who are spiritually and academically equipped to pursue their life's purpose. Their mission is to establish meaningful relationships with these children, fostering their growth through mentoring, engaging programs, and providing assistance to their families, all in the name of Jesus. The organization, currently employing 27 individuals, is dedicated to empowering these young minds and helping them reach their full potential.
Official website here: www.forerunnermentoring.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 72%)
The Forerunner Fund has earned a Two-Star rating from Charity Navigator, indicating that while there are strengths to the organization, there are also areas needing improvement, particularly in financial management. The fund has a high score in leadership and adaptability, reflecting its commitment to staff development and the ability to respond to external changes. Additionally, the organization boasts a fully independent board and a strong culture of community involvement, showcasing its commitment to ethical governance.
However, the financial metrics reveal a program expense ratio of only 55.35%, suggesting that a significant portion of their funding is not directed towards their programs. While the organization maintains a low liabilities to assets ratio, which points to good financial health, the program expense ratio indicates the need for improved efficiency in resource allocation. The organization successfully collects and utilizes feedback, highlighting its responsiveness to community needs.
Overall, while the Forerunner Fund shows promise in governance and leadership, it must address its financial allocation to enhance its impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Forerunner Fund?
96% of 18 reviewers on Facebook recommend the Forerunner Fund. Here is a summary of their reviews:
Many users express strong support for the mission of the Forerunner Fund, noting its positive impact on young men. One reviewer describes it as a “game changer,” highlighting the meaningful difference the program makes for both individuals and future generations. The overall sentiment indicates that the nonprofit effectively meets its goals and provides valuable services to the community.
Overall, the feedback reflects a high level of satisfaction with the initiatives offered by the Forerunner Fund, demonstrating appreciation for its work and commitment to empowering young men.
This AI summary has been generated from reviews found on Facebook.
Is Forerunner Fund legitimate?
Forerunner Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forerunner Fund 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: $103,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $605,245
For more financial information, click here
Official website here: www.forerunnermentoring.com
What is the mission statement of Forerunner Fund?
The Forerunner Fund's mission is to foster the growth and potential of children by establishing meaningful relationships through mentoring, programs, and supporting their families, all in the spirit of Jesus. Their after-school program, catering to boys in kindergarten to sixth grade, aims to develop young individuals who are spiritually and academically empowered, equipped to live out their purpose.
Official website here: www.forerunnermentoring.com
Who is the CEO of Forerunner Fund?
Stephen Murray is the Executive Director of Forerunner Fund.
Official website here: www.forerunnermentoring.com
What is the revenue of Forerunner Fund?
Forerunner Fund's revenue in 2023 was $911,789.
Official website here: www.forerunnermentoring.com
Who are the executives of Forerunner Fund and what are their salaries?
The average compensation at Forerunner Fund during 2023 was $26,258. There are 27 employees and 100 volunteers at Forerunner Fund.
Here are 8 key members and their salaries:
- Compensation: $89,603
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.forerunnermentoring.com
Where can I find the form 990 for Forerunner Fund?
Forerunner Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.forerunnermentoring.com
Learn more at the official website: www.forerunnermentoring.com
Mission Statement of Forerunner Fund
Forerunner Fund, a nonprofit organization, is committed to building meaningful relationships with children with the aim of helping them realize their potential. This is achieved through various means, including mentoring, educational programs, and supporting families in their journey. Their mission, in simpler terms, is to nurture young boys from kindergarten to sixth grade, fostering in them a strong spiritual and academic foundation, enabling them to live out their purpose with confidence.
The Forerunner Fund offers an after-school program specifically designed for elementary-aged boys. This initiative seeks to transform these young minds into Men of God, instilling in them the values and skills necessary to navigate their lives with purpose and spiritual grounding. The program provides a supportive environment where these boys can grow, learn, and develop, ultimately empowering them to make a positive impact in their communities and beyond.
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Impact
October, 2024
Forerunner Fund's impact lies in its dedicated approach to youth development, focusing on building meaningful relationships with children to help them realize their full potential. The organization operates an after-school program in Dallas, Texas, targeting elementary school boys from kindergarten to 6th grade. This program is designed to foster spiritual growth and academic empowerment, guiding boys to become strong, purpose-driven Men of God.
Through mentoring and supportive programs, Forerunner Fund creates a nurturing environment where children can thrive both spiritually and academically. The emphasis on relationship-building ensures that each child receives personalized attention, helping them navigate challenges and discover their strengths. By investing in early education and family support, Forerunner Fund plays a pivotal role in shaping the next generation, equipping them with the tools necessary for a successful future.
This information is meant to be a general summary of Forerunner Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,272
- Gross Receipts: $911,789
Assets and Liabilities:
- Total Assets: $489,354
- Total Liabilities: $5,236
- Net Assets: $484,118
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Organization Details
Founding Year
2011
Phone
(972) 656-8252Principal Officer
Stephen Murray
Main Address
10228 E Northwest Hwy Box 24, Dallas, TX, 75238
Website
www.forerunnermentoring.comNTEE Category
Code: O30 - Youth development
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