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Forward Progression Development Inc

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

EIN: 832071545 ✦ Biloxi, MS ✦ Designated as a 501(c)(3)

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Overview

What is Forward Progression Development Inc?

Forward Progression Development Inc, based in Biloxi, Mississippi, is a nonprofit organization dedicated to fostering self-sufficiency and economic growth among minority, veteran, and women entrepreneurs. They achieve this through various means, including digital marketing training, online modules, seminars, and events. The organization also employs the use of AI in small businesses, aiding those often underserved and under-represented. During the pandemic, they adapted their operations to continue their mission. They offer additional programs and resources to further support their cause, and their team of seven individuals is committed to this mission.


Official website here: www.fpdinc.org

What do the Facebook reviews say about Forward Progression Development Inc?

100% of reviewers on Facebook recommend Forward Progression Development Inc based on 10 reviews. Here is a summary of their reviews:

The consensus among users is overwhelmingly positive, with several expressing strong support for the nonprofit's mission. Many commenters appreciate the growth and impact of the organization, highlighting its commitment to making a difference in the community.

Overall, the nonprofit seems to resonate well with its audience, indicating that it effectively delivers on its promises and inspires confidence among its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Forward Progression Development Inc legitimate?

Forward Progression Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forward Progression Development 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: $115,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,700

For more financial information, click here


Official website here: www.fpdinc.org

What is the mission statement of Forward Progression Development Inc?

Forward Progression Development Inc is committed to fostering self-sufficiency and economic growth among minority groups, veterans, and women. They achieve this by offering training, coaching, and support through various platforms such as digital marketing, online training modules, events, seminars, and other viable avenues. The organization also emphasizes the beneficial use of AI in small businesses, particularly in underserved and underrepresented communities. Their mission includes providing funding and growth resources to assist in business expansion.


Official website here: www.fpdinc.org

Who is the CEO of Forward Progression Development Inc?

Catrina Thompson is the Director-President of Forward Progression Development Inc.


Official website here: www.fpdinc.org

What is the revenue of Forward Progression Development Inc?

Forward Progression Development Inc's revenue in 2021 was $425,500.


Official website here: www.fpdinc.org

Who are the executives of Forward Progression Development Inc and what are their salaries?

The average compensation at Forward Progression Development Inc during 2021 was $47,986. There are 7 employees and 20 volunteers at Forward Progression Development Inc.


Here are 2 key members and their salaries:


Catrina Thompson (Director-President)
  • Compensation: $115,200
  • Related: $0
  • Other: $0
Shonna Thomas (Secretary)
  • Compensation: $59,500
  • Related: $0
  • Other: $20,000


Official website here: www.fpdinc.org

Where can I find the form 990 for Forward Progression Development Inc?

Forward Progression Development Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fpdinc.org

Learn more at the official website: www.fpdinc.org

Mission Statement of Forward Progression Development Inc

Forward Progression Development Inc, a nonprofit organization, is committed to fostering self-sufficiency and economic growth among minority groups, veterans, and women. Their mission is twofold: firstly, they aim to provide training, coaching, and support through various means such as digital marketing, online training modules, events, seminars, and growth groups. This is done with a focus on using AI effectively in small businesses, particularly those in underserved and underrepresented communities.

Secondly, Forward Progression Development Inc extends its assistance by offering funding growth resources. This includes digital marketing tools, online training modules, and organizing events and seminars. Their goal is to equip these groups with the necessary skills and resources to thrive in the business world, thereby promoting economic entrepreneurship. By doing so, the organization hopes to contribute to the growth and prosperity of these communities.

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Impact




October, 2024

Forward Progression Development Inc significantly impacts its community by promoting self-sufficiency and fostering economic entrepreneurship, particularly among minority, veteran, and women entrepreneurs. By offering a range of services, including training, coaching, and support groups, the organization empowers individuals to develop their business acumen and navigate the complexities of entrepreneurship.

One of the key aspects of their approach is the integration of digital marketing and online training modules, making resources accessible to those who might not otherwise have access to such opportunities. This focus on technology ensures that entrepreneurs are equipped with the necessary skills to thrive in a digital economy, thereby enhancing their competitiveness.

The organization has also shown adaptability, effectively reorganizing its operations in response to the challenges posed by the Covid-19 pandemic. This flexibility has allowed them to maintain engagement with their constituents, provide vital services, and sustain growth despite external pressures.

Moreover, Forward Progression Development Inc emphasizes the healthy use of artificial intelligence in small businesses, equipping entrepreneurs in underserved communities with the tools needed to leverage modern technology for their benefit. By raising awareness and implementing innovative strategies, they have extended their reach, ensuring support for a broader audience.

Overall, Forward Progression Development Inc plays a crucial role in community improvement by creating pathways to economic empowerment, building sustainable business practices, and fostering resilience among its participants.




This information is meant to be a general summary of Forward Progression Development 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
$425,500 (2021)
Expenses
$369,600 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $425,500
  • Gross Receipts: $425,500

Assets and Liabilities:

  • Total Assets: $325,000
  • Total Liabilities: $0
  • Net Assets: $325,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Minority and Small Business Programs

Revenue

$425,500

Organization Details

Founding Year

2018

Principal Officer

Catrina Thompson

Main Address

770 Water Street STE 407, Biloxi, MS, 39530

NTEE Category

Code: S43 - Community improvement

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