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Forai Inc

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

EIN: 272817405 ✦ Saint louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Forai Inc?

Forai Inc, based in Saint Louis, Missouri, is a nonprofit organization led by Jennifer Owens. Their mission is to empower and aid resettled refugees and immigrants. They accomplish this by offering employment opportunities, providing salaries, benefits, and manager/coordinator roles for their staff. Additionally, Forai facilitates skills training programs for 15 artisan trainees and markets and sells their handmade merchandise. Furthermore, they pay wages to resettled immigrants for their crafted items. Forai's overall goal is to support these individuals, helping them integrate into their new community.

Is Forai Inc legitimate?

Forai Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forai Inc submitted a form 990EZ, 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.

What is the mission statement of Forai Inc?

Forai Inc's mission is centered around empowering and supporting resettled refugees and immigrants. They achieve this by providing employment opportunities, offering skills training programs, and marketing and selling merchandise produced by 15 artisan trainees. Additionally, they pay wages to resettled immigrants for the merchandise they produce. The organization's operations aim to uplift these individuals, providing them with salaries and benefits, and in some cases, manager or coordinator roles.

Who is the CEO of Forai Inc?

David Dean is the President of Forai Inc.

What is the revenue of Forai Inc?

Forai Inc's revenue in 2023 was $136,906.

Who are the executives of Forai Inc and what are their salaries?


Here are 4 key members and their salaries:


David Dean (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Doude (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Peterson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Owens (Ex Officio)
  • Compensation: $12,100
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Forai Inc?

Forai Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Forai Inc

Forai Inc, a nonprofit organization, is dedicated to empowering and supporting resettled refugees and immigrants. Their mission is accomplished through various means. Primarily, they provide salaries and benefits for their staff, fostering a sense of stability and security for these individuals. Additionally, Forai facilitates skills training programs, enabling the resettled refugees and immigrants to enhance their abilities and become more self-reliant.

Furthermore, Forai engages in a commercial venture by marketing and selling merchandise produced by 15 artisan trainees. This not only helps to promote the talents of these individuals but also generates revenue for the organization. Furthermore, Forai pays wages to resettled immigrants for the merchandise they produce, providing them with an income source.

In essence, Forai Inc's mission is to empower and support resettled refugees and immigrants by providing employment opportunities, facilitating skills training, and engaging in commercial activities. This holistic approach aims to help these individuals integrate into their new environment and lead independent, fulfilling lives.

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Impact




October, 2024

Forai Inc plays a pivotal role in empowering and supporting resettled refugees and immigrants in Saint Louis, MO. By providing salaries and benefits to its staff, Forai ensures economic stability for those involved. The organization also facilitates skills training programs, which equip artisan trainees with valuable competencies, enhancing their employability and fostering independence.

A significant aspect of Forai's impact is its focus on marketing and selling handmade merchandise created by 15 artisan trainees. This not only provides income for resettled immigrants but also helps to promote their cultural heritage through their crafts. Additionally, some employees have the opportunity to take on managerial and coordinator roles, which supports professional development and leadership skills within the community.

In essence, Forai Inc functions as a bridge for resettled refugees and immigrants, promoting their integration into society while nurturing a sense of community and belonging. Through its multifaceted approach, Forai fosters empowerment, self-sufficiency, and sustainable livelihoods for those it serves.




This information is meant to be a general summary of Forai 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
$136,906 (2023)
Expenses
$136,795 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $167,981

Assets and Liabilities:

  • Total Assets: $101,273
  • Total Liabilities: $101,162
  • Net Assets: $111

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Organization Details

Principal Officer

David Dean

Main Address

4200 DELOR ST, SAINT LOUIS, MO, 63116

NTEE Category

Code: B99 - Education

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