Forsyth Education Partnership
EIN: 582000660 · Winston Salem, NC · NTEE: T31Z
| Metric | Value |
|---|---|
| Total Revenue | $249K |
| Total Expenses | $170K |
| Net Assets | $266K |
Is Forsyth Education Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forsyth Education Partnership
Forsyth Education Partnership (EIN: 582000660) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code T31Z. The organization reported total revenue of $249K and total assets of $344K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forsyth Education Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forsyth Education Partnership is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $170K |
| Surplus / Deficit | $-43,446 |
| Total Assets | $266K |
| Net Assets | $266K |
| Operating Margin | -34.4% |
| Months of Reserves | 18.8 months |
Financial Health Grade: B
In 2023, Forsyth Education Partnership reported a deficit of $43K with expenses exceeding revenue, holds 18.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Forsyth Education Partnership's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | +2.2% | -14.3% |
| 2022 | -30.4% | +16.7% | -16.8% |
| 2021 | -25.4% | -17.3% | +1.9% |
| 2020 | -25.3% | -29.3% | +7.8% |
| 2019 | -6.8% | -2.0% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forsyth Education Partnership 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 Forsyth Education Partnership 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 $43K, with expenses exceeding revenue.
Frequently Asked Questions about Forsyth Education Partnership
Is Forsyth Education Partnership a legitimate charity?
Forsyth Education Partnership (EIN: 582000660) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $249K. No red flags identified. Financial health grade: B.
How does Forsyth Education Partnership spend its money?
Forsyth Education Partnership reported $249K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forsyth Education Partnership tax-deductible?
Forsyth Education Partnership is registered as a tax-exempt nonprofit (EIN: 582000660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forsyth Education Partnership located?
Forsyth Education Partnership is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 582000660. It is classified under NTEE code T31Z.
How many years of IRS 990 filings does Forsyth Education Partnership have?
Forsyth Education Partnership has 13 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 $249K in total revenue.
Filing History
IRS 990 filing history for Forsyth Education Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forsyth Education Partnership's revenue has declined by 60.4%, moving from $319K to $126K. Total assets decreased by 1.9% over the same period, from $271K to $266K. Total functional expenses rose by 201.5%, from $56K to $170K. In its most recent filing year (2023), Forsyth Education Partnership reported a deficit of $43K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $170K | $266K | $0 | — | View 990 |
| 2022 | $103K | $166K | $310K | $781 | — | View 990 |
| 2021 | $148K | $142K | $373K | $900 | — | View 990 |
| 2020 | $199K | $172K | $366K | $0 | — | View 990 |
| 2019 | $266K | $243K | $340K | $712 | — | View 990 |
| 2018 | $286K | $248K | $316K | $713 | — | View 990 |
| 2017 | $349K | $287K | $279K | $1K | — | View 990 |
| 2016 | $262K | $258K | $216K | $530 | — | View 990 |
| 2015 | $75K | $120K | $212K | $0 | — | View 990 |
| 2014 | $235K | $343K | $257K | $0 | — | View 990 |
| 2013 | $173K | $140K | $366K | $0 | — | View 990 |
| 2012 | $145K | $82K | $333K | $0 | — | View 990 |
| 2011 | $319K | $56K | $271K | $805 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $170K, and assets of $266K (revenue +22.1% year-over-year).
- 2022: Revenue of $103K, expenses of $166K, and assets of $310K (revenue -30.4% year-over-year).
- 2021: Revenue of $148K, expenses of $142K, and assets of $373K (revenue -25.4% year-over-year).
- 2020: Revenue of $199K, expenses of $172K, and assets of $366K (revenue -25.3% year-over-year).
- 2019: Revenue of $266K, expenses of $243K, and assets of $340K (revenue -6.8% year-over-year).
- 2018: Revenue of $286K, expenses of $248K, and assets of $316K (revenue -18.1% year-over-year).
- 2017: Revenue of $349K, expenses of $287K, and assets of $279K (revenue +33.4% year-over-year).
- 2016: Revenue of $262K, expenses of $258K, and assets of $216K (revenue +247.2% year-over-year).
- 2015: Revenue of $75K, expenses of $120K, and assets of $212K (revenue -67.9% year-over-year).
- 2014: Revenue of $235K, expenses of $343K, and assets of $257K (revenue +35.4% year-over-year).
- 2013: Revenue of $173K, expenses of $140K, and assets of $366K (revenue +19.7% year-over-year).
- 2012: Revenue of $145K, expenses of $82K, and assets of $333K (revenue -54.6% year-over-year).
- 2011: Revenue of $319K, expenses of $56K, and assets of $271K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forsyth Education Partnership:
Data Sources and Methodology
This transparency report for Forsyth Education Partnership 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.