Overview
What is Forward Memphis?
Forward Memphis is a nonprofit organization situated in Memphis, working in collaboration with financial institutions, nonprofits, faith-based organizations, and corporations. Their primary objective is to eradicate generational cycles of payday lending by providing financial literacy education, coaching, and aid. Through these initiatives, they aim to empower individuals and families, helping them manage their finances effectively. The organization receives support through grants, which serve as individual contributions, aiding in its launch and operations.
Is Forward Memphis legitimate?
Forward Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forward Memphis 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 Forward Memphis?
Forward Memphis, an organization, works in partnership with financial institutions, nonprofits, faith-based groups, and corporations to combat the perpetual cycle of payday lending. They achieve this goal through various means, including financial literacy education, personalized financial coaching, and financial aid. These initiatives are funded by individual grants, which assist in launching the organization's operations. The mission of Forward Memphis is to eradicate the detrimental effects of payday lending on generations, thereby promoting financial stability and independence.
Who is the CEO of Forward Memphis?
Travis Moody is the Executive Director of Forward Memphis.
What is the revenue of Forward Memphis?
Forward Memphis's revenue in 2022 was $25,619.
Who are the executives of Forward Memphis and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Forward Memphis?
Forward Memphis's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Forward Memphis
Forward Memphis, a collaborative organization, works towards dismantling the persistent issue of payday lending-induced financial cycles by partnering with financial institutions, nonprofits, faith-based organizations, and corporations. Their primary strategy includes providing financial literacy education, financial coaching, and financial assistance to individuals and families. The organization's mission is driven by grants, which serve as individual contributions aimed at supporting the launch of this initiative. In essence, Forward Memphis aims to empower communities, breaking free from the shackles of relentless payday lending, and paving the way for financial stability and independence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Forward Memphis's impact is seen in the positive changes it brings to the Memphis community by ending generational cycles of payday lending. Through financial literacy education, financial coaching, and financial assistance, Forward Memphis empowers individuals to make informed financial decisions and break free from the cycle of high-interest loans. This not only improves the financial well-being of individuals but also contributes to the overall improvement of the community. It represents a collaborative effort among various stakeholders to create a lasting impact on the lives of those affected by payday lending practices.
This information is meant to be a general summary of Forward Memphis. 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.
- Gross Receipts: $25,619
Assets and Liabilities:
- Total Assets: $25,562
- Total Liabilities: $0
- Net Assets: $25,562
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(901) 290-8035Principal Officer
Travis Moody
Main Address
255 N HIGHLAND STREET, MEMPHIS, TN, 38111
NTEE Category
Code: S31 - Community improvement
If you are a representative of Forward Memphis and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.