Forum For Equality Foundation
EIN: 721269734 · New Orleans, LA · NTEE: R26
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $119K |
| Net Assets | $54K |
Is Forum For Equality Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forum For Equality Foundation
Forum For Equality Foundation (EIN: 721269734) is a nonprofit organization based in New Orleans, LA, classified under NTEE code R26. The organization reported total revenue of $98K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forum For Equality Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forum For Equality Foundation is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $119K |
| Surplus / Deficit | $-4,533 |
| Total Assets | $63K |
| Total Liabilities | $9K |
| Net Assets | $54K |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, Forum For Equality Foundation reported a deficit of $5K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Forum For Equality Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.0% | +8.3% | -22.0% |
| 2022 | -18.4% | +54.9% | -19.5% |
| 2021 | +65.5% | +0.2% | +31.2% |
| 2020 | -16.7% | -25.2% | -7.4% |
| 2019 | -15.7% | +0.4% | +71.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forum For Equality 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 Forum For Equality 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about Forum For Equality Foundation
Is Forum For Equality Foundation a legitimate charity?
Forum For Equality Foundation (EIN: 721269734) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $98K. No red flags identified. Financial health grade: B.
How does Forum For Equality Foundation spend its money?
Forum For Equality Foundation reported $98K 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 Forum For Equality Foundation tax-deductible?
Forum For Equality Foundation is registered as a tax-exempt nonprofit (EIN: 721269734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forum For Equality Foundation located?
Forum For Equality Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721269734. It is classified under NTEE code R26.
How many years of IRS 990 filings does Forum For Equality Foundation have?
Forum For Equality Foundation 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 $98K in total revenue.
Filing History
IRS 990 filing history for Forum For Equality Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forum For Equality Foundation's revenue has grown by 71.3%, moving from $67K to $115K. Total assets increased by 1583.2% over the same period, from $4K to $63K. Total functional expenses rose by 47%, from $81K to $119K. In its most recent filing year (2023), Forum For Equality Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $9K in liabilities against $63K in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $54K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $119K | $63K | $9K | — | — |
| 2022 | $94K | $110K | $81K | $23K | — | View 990 |
| 2021 | $115K | $71K | $101K | $26K | — | View 990 |
| 2020 | $70K | $71K | $77K | $46K | — | — |
| 2019 | $83K | $95K | $83K | $51K | — | View 990 |
| 2018 | $99K | $94K | $49K | $5K | — | View 990 |
| 2017 | $72K | $79K | $44K | $5K | — | View 990 |
| 2016 | $130K | $86K | $48K | $2K | — | View 990 |
| 2015 | $56K | $63K | $3K | $1K | — | View 990 |
| 2014 | $57K | $56K | $13K | $4K | — | View 990 |
| 2013 | $58K | $56K | $18K | $10K | — | View 990 |
| 2012 | $73K | $70K | $8K | $2K | — | View 990 |
| 2011 | $67K | $81K | $4K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $119K, and assets of $63K (revenue +22.0% year-over-year).
- 2022: Revenue of $94K, expenses of $110K, and assets of $81K (revenue -18.4% year-over-year).
- 2021: Revenue of $115K, expenses of $71K, and assets of $101K (revenue +65.5% year-over-year).
- 2020: Revenue of $70K, expenses of $71K, and assets of $77K (revenue -16.7% year-over-year).
- 2019: Revenue of $83K, expenses of $95K, and assets of $83K (revenue -15.7% year-over-year).
- 2018: Revenue of $99K, expenses of $94K, and assets of $49K (revenue +37.1% year-over-year).
- 2017: Revenue of $72K, expenses of $79K, and assets of $44K (revenue -44.5% year-over-year).
- 2016: Revenue of $130K, expenses of $86K, and assets of $48K (revenue +132.7% year-over-year).
- 2015: Revenue of $56K, expenses of $63K, and assets of $3K (revenue -1.3% year-over-year).
- 2014: Revenue of $57K, expenses of $56K, and assets of $13K (revenue -2.9% year-over-year).
- 2013: Revenue of $58K, expenses of $56K, and assets of $18K (revenue -20.4% year-over-year).
- 2012: Revenue of $73K, expenses of $70K, and assets of $8K (revenue +9.6% year-over-year).
- 2011: Revenue of $67K, expenses of $81K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forum For Equality Foundation:
Data Sources and Methodology
This transparency report for Forum For Equality 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.