Fact Forward
EIN: 570897120 · Columbia, SC · NTEE: B99Z
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.9M |
| Net Assets | $657K |
Is Fact Forward Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fact Forward
Fact Forward (EIN: 570897120) is a nonprofit organization based in Columbia, SC, classified under NTEE code B99Z. The organization reported total revenue of $3.2M and total assets of $917K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fact Forward's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fact Forward is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-331,003 |
| Total Assets | $1.1M |
| Total Liabilities | $442K |
| Net Assets | $657K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Fact Forward reported a deficit of $331K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Fact Forward's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.5% | -16.9% | -32.7% |
| 2022 | -2.5% | +5.2% | +14.2% |
| 2021 | +24.9% | +16.4% | -5.2% |
| 2020 | -21.4% | -20.4% | -4.4% |
| 2019 | +1.5% | -0.8% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fact Forward has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fact Forward with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $331K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about Fact Forward
Is Fact Forward a legitimate charity?
Based on AI analysis of IRS 990 filings, Fact Forward (EIN: 570897120) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fact Forward spend its money?
Detailed spending breakdown data is not yet available for Fact Forward. Check back for updated IRS 990 analysis.
Are donations to Fact Forward tax-deductible?
Fact Forward is registered as a tax-exempt nonprofit (EIN: 570897120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fact Forward located?
Fact Forward is headquartered in Columbia, South Carolina and files with the IRS under EIN 570897120. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Fact Forward have?
Fact Forward has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for Fact Forward showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Fact Forward's revenue has declined by 1.4%, moving from $3.6M to $3.6M. Total assets increased by 149.7% over the same period, from $440K to $1.1M. Total functional expenses rose by 8.1%, from $3.6M to $3.9M. In its most recent filing year (2023), Fact Forward reported a deficit of $331K, with expenses exceeding revenue. The organization holds $442K in liabilities against $1.1M in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $657K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.9M | $1.1M | $442K | — | — |
| 2022 | $4.6M | $4.7M | $1.6M | $656K | — | View 990 |
| 2021 | $4.7M | $4.5M | $1.4M | $257K | — | View 990 |
| 2020 | $3.7M | $3.8M | $1.5M | $495K | — | — |
| 2019 | $4.8M | $4.8M | $1.6M | $464K | — | View 990 |
| 2018 | $4.7M | $4.9M | $1.6M | $468K | — | View 990 |
| 2017 | $5.3M | $4.7M | $1.7M | $416K | — | View 990 |
| 2016 | $4.7M | $4.6M | $893K | $219K | — | View 990 |
| 2015 | $4.6M | $4.6M | $826K | $256K | — | View 990 |
| 2014 | $5.2M | $5.1M | $831K | $239K | — | View 990 |
| 2013 | $1.6M | $1.7M | $864K | $346K | — | View 990 |
| 2013 | $4.5M | $4.4M | $611K | $59K | — | View 990 |
| 2012 | $4.6M | $4.5M | $670K | $240K | — | View 990 |
| 2011 | $3.6M | $3.6M | $440K | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.9M, and assets of $1.1M (revenue -21.5% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.7M, and assets of $1.6M (revenue -2.5% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.5M, and assets of $1.4M (revenue +24.9% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.8M, and assets of $1.5M (revenue -21.4% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.8M, and assets of $1.6M (revenue +1.5% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.9M, and assets of $1.6M (revenue -11.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $4.7M, and assets of $1.7M (revenue +13.4% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.6M, and assets of $893K (revenue +2.1% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.6M, and assets of $826K (revenue -11.2% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.1M, and assets of $831K (revenue +215.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $864K (revenue -63.8% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.4M, and assets of $611K (revenue -0.8% year-over-year).
- 2012: Revenue of $4.6M, expenses of $4.5M, and assets of $670K (revenue +25.9% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.6M, and assets of $440K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fact Forward:
Data Sources and Methodology
This transparency report for Fact Forward is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.