Overview
What is Forsyth Futures?
Forsyth Futures is a nonprofit organization situated in Winston-Salem, North Carolina, specifically at 100 N Cherry Street Suite 525. Their primary objective is to foster collective problem-solving within Forsyth County, aiming to drive positive change. They accomplish this by supplying actionable data and reporting services to local organizations in the area. The organization's mission involves studying community challenges, deciphering their underlying causes, and disseminating these insights to stakeholders at various levels. With a dedicated workforce of seven individuals, Forsyth Futures plays a crucial role in driving progressive change within its community.
Official website here: www.forsythfutures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Forsyth Futures received a solid Three-Star rating from Charity Navigator, reflecting an 82% score in the Accountability & Finance category. This rating indicates that the organization demonstrates a strong commitment to transparency and financial health. The score is derived entirely from their accountability practices, showcasing effective governance and responsible financial management.
The nonprofit excels in maintaining an independent board, with 100% of its members being independent, which is crucial for unbiased oversight. Additionally, the organization has established robust policies, such as a conflict of interest and whistleblower policy, contributing to its overall accountability. Their financial ratios are also impressive, with a low liabilities to assets ratio and high program expense ratio, indicating that the majority of funds are directed towards their mission.
However, it's worth noting that the score is solely based on financial accountability, and additional context regarding program outcomes and impact would provide a more comprehensive view of Forsyth Futures' effectiveness. Nonetheless, the strong financial health and governance practices position the nonprofit as a responsible entity within the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Forsyth Futures legitimate?
Forsyth Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Futures 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: $96,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,571
For more financial information, click here
Official website here: www.forsythfutures.org
What is the mission statement of Forsyth Futures?
Forsyth Futures' mission is centered around fostering collective problem-solving within a community. Specifically, the organization aims to catalyze positive change by supplying action-oriented data and reporting services to various organizations within a specific area, in this case, Forsyth County. By conducting comprehensive studies to uncover the underlying causes of systemic challenges, Forsyth Futures works to equip stakeholders at various levels with valuable insights. These insights are then utilized to inform and drive meaningful change within the community.
Official website here: www.forsythfutures.org
Who is the CEO of Forsyth Futures?
Adam Hill is the Executive Director of Forsyth Futures.
Official website here: www.forsythfutures.org
What is the revenue of Forsyth Futures?
Forsyth Futures's revenue in 2022 was $1,057,648.
Official website here: www.forsythfutures.org
Who are the executives of Forsyth Futures and what are their salaries?
The average compensation at Forsyth Futures during 2022 was $49,049. There are 7 employees and 19 volunteers at Forsyth Futures.
Here are 20 key members and their salaries:
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Official website here: www.forsythfutures.org
Where can I find the form 990 for Forsyth Futures?
Forsyth Futures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forsythfutures.org
Learn more at the official website: www.forsythfutures.org
Mission Statement of Forsyth Futures
Forsyth Futures is an organization that strives to stimulate collaborative problem-solving in Forsyth County to foster positive change. They achieve this by supplying actionable data and comprehensive reporting services to various local organizations within the county. The primary objective of Forsyth Futures is to delve into the community's underlying causes of systemic challenges and subsequently disseminate these insights to stakeholders at various levels. By doing so, they aim to encourage informed decision-making and action towards addressing these challenges, thereby driving positive change within the community.
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Impact
July, 2024
Forsyth Futures catalyzes positive change in Forsyth County by providing actionable data and reporting services to local organizations. Through studying the community and addressing systemic challenges, Forsyth Futures informs stakeholders at all levels to drive positive change. Their impact is felt in Winston-Salem, NC, where they work tirelessly towards creating a better future for their community.
This information is meant to be a general summary of Forsyth Futures. 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 2022.
- Investment Income: $20
- Program Service Revenue: $207,598
- Gross Receipts: $1,057,648
Assets and Liabilities:
- Total Assets: $688,582
- Total Liabilities: $41,536
- Net Assets: $647,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Special Projects
Revenue
$207,598
Organization Details
Founding Year
1975
Phone
(336) 724-2831Principal Officer
Adam Hill
Main Address
100 N Cherry Street Suite 525, Winston Salem, NC, 27101
Website
www.forsythfutures.orgNTEE Category
Code: P36Z - Human services
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