Forever Changed Foundation
EIN: 823201241 · Tacoma, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $176K |
| Net Assets | $45K |
Is Forever Changed Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forever Changed Foundation
Forever Changed Foundation (EIN: 823201241) is a nonprofit organization based in Tacoma, WA, classified under NTEE code P20. The organization reported total revenue of $174K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forever Changed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forever Changed Foundation is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2018–2020). Revenue has grown at a compound annual rate of 223.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $176K |
| Surplus / Deficit | $-1,961 |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | -1.1% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2020, Forever Changed Foundation reported a deficit of $2K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2018–2020), Forever Changed Foundation's revenue has grown at a compound annual growth rate (CAGR) of 223.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -46.5% | -16.7% | -8.0% |
| 2019 | +1857.2% | +1171.9% | +4925000.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forever Changed Foundation 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 Forever Changed Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Forever Changed Foundation
Is Forever Changed Foundation a legitimate charity?
Forever Changed Foundation (EIN: 823201241) is a registered tax-exempt nonprofit based in Washington. It has 3 years of IRS 990 filings on record. Total revenue: $174K. No red flags identified. Financial health grade: B.
How does Forever Changed Foundation spend its money?
Forever Changed Foundation reported $174K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forever Changed Foundation tax-deductible?
Forever Changed Foundation is registered as a tax-exempt nonprofit (EIN: 823201241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forever Changed Foundation located?
Forever Changed Foundation is headquartered in Tacoma, Washington and files with the IRS under EIN 823201241. It is classified under NTEE code P20.
How many years of IRS 990 filings does Forever Changed Foundation have?
Forever Changed Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $174K in total revenue.
Filing History
IRS 990 filing history for Forever Changed Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2020), Forever Changed Foundation's revenue has grown by 947.2%, moving from $17K to $174K. Total assets increased by 4532900% over the same period, from $1 to $45K. Total functional expenses rose by 959%, from $17K to $176K. In its most recent filing year (2020), Forever Changed Foundation reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $174K | $176K | $45K | $0 | — | View 990 |
| 2019 | $325K | $211K | $49K | $0 | — | View 990 |
| 2018 | $17K | $17K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $174K, expenses of $176K, and assets of $45K (revenue -46.5% year-over-year).
- 2019: Revenue of $325K, expenses of $211K, and assets of $49K (revenue +1857.2% year-over-year).
- 2018: Revenue of $17K, expenses of $17K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forever Changed Foundation:
Data Sources and Methodology
This transparency report for Forever Changed Foundation 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.