Forever Families Foundation
EIN: 43840043 · Rogers, AR · NTEE: B60
| Metric | Value |
|---|---|
| Total Expenses | $9K |
| Net Assets | $10K |
Is Forever Families 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 Families Foundation
Forever Families Foundation (EIN: 43840043) is a nonprofit organization based in Rogers, AR, classified under NTEE code B60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forever Families Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forever Families Foundation is a micro nonprofit that has been operating for 19 years, with 3 years of IRS 990 filings on record (2017–2019). Revenue has grown at a compound annual rate of 31.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $907 |
| Total Expenses | $9K |
| Surplus / Deficit | $-7,722 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -851.4% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2019, Forever Families Foundation reported a deficit of $8K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2017–2019), Forever Families Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -45.7% | +43.6% | -45.1% |
| 2018 | +219.7% | +192.9% | -19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forever Families 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 Families 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Forever Families Foundation
Is Forever Families Foundation a legitimate charity?
Forever Families Foundation (EIN: 43840043) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Forever Families Foundation spend its money?
Forever Families Foundation reported its financials 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 Families Foundation tax-deductible?
Forever Families Foundation is registered as a tax-exempt nonprofit (EIN: 43840043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forever Families Foundation located?
Forever Families Foundation is headquartered in Rogers, Arkansas and files with the IRS under EIN 43840043. It is classified under NTEE code B60.
How many years of IRS 990 filings does Forever Families Foundation have?
Forever Families Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Forever Families Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2019), Forever Families Foundation's revenue has grown by 73.8%, moving from $522 to $907. Total assets decreased by 55.8% over the same period, from $22K to $10K. Total functional expenses rose by 320.5%, from $2K to $9K. In its most recent filing year (2019), Forever Families Foundation reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $907 | $9K | $10K | $0 | — | View 990 |
| 2018 | $2K | $6K | $18K | $0 | — | View 990 |
| 2017 | $522 | $2K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $907, expenses of $9K, and assets of $10K (revenue -45.7% year-over-year).
- 2018: Revenue of $2K, expenses of $6K, and assets of $18K (revenue +219.7% year-over-year).
- 2017: Revenue of $522, expenses of $2K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forever Families Foundation:
Data Sources and Methodology
This transparency report for Forever Families 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.