Forward Action Fund
EIN: 831806898 · Concord, NH · NTEE: R05
| Metric | Value |
|---|---|
| Total Revenue | $72.3M |
| Total Expenses | $8.4M |
| Net Assets | $3.8M |
Is Forward Action Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forward Action Fund
Forward Action Fund (EIN: 831806898) is a nonprofit organization based in Concord, NH, classified under NTEE code R05. The organization reported total revenue of $72.3M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forward Action Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward Action Fund is a major nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 98.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.3M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$888K |
| Total Assets | $3.8M |
| Total Liabilities | $74K |
| Net Assets | $3.8M |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Forward Action Fund reported a surplus of $888K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Forward Action Fund's revenue has grown at a compound annual growth rate (CAGR) of 98.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.8% | -46.3% | +29.2% |
| 2022 | +497.0% | +469.6% | +68.7% |
| 2021 | -88.4% | -87.9% | -14.9% |
| 2020 | +5378.8% | +6776.6% | +1492.0% |
| 2019 | +47.7% | +17.3% | +623.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forward Action Fund 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 Forward Action Fund 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 surplus of $888K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Forward Action Fund
Is Forward Action Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Forward Action Fund (EIN: 831806898) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forward Action Fund spend its money?
Detailed spending breakdown data is not yet available for Forward Action Fund. Check back for updated IRS 990 analysis.
Are donations to Forward Action Fund tax-deductible?
Forward Action Fund is registered as a tax-exempt nonprofit (EIN: 831806898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forward Action Fund located?
Forward Action Fund is headquartered in Concord, New Hampshire and files with the IRS under EIN 831806898. It is classified under NTEE code R05.
How many years of IRS 990 filings does Forward Action Fund have?
Forward Action Fund has 6 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 $72.3M in total revenue.
Filing History
IRS 990 filing history for Forward Action Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Forward Action Fund's revenue has grown by 3000.8%, moving from $300K to $9.3M. Total assets increased by 21261.7% over the same period, from $18K to $3.8M. Total functional expenses rose by 2883.4%, from $282K to $8.4M. In its most recent filing year (2023), Forward Action Fund reported a surplus of $888K, with revenue exceeding expenses. The organization holds $74K in liabilities against $3.8M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.3M | $8.4M | $3.8M | $74K | — | — |
| 2022 | $16.8M | $15.6M | $3.0M | $94K | — | View 990 |
| 2021 | $2.8M | $2.7M | $1.8M | $36K | — | View 990 |
| 2020 | $24.2M | $22.7M | $2.1M | $418K | — | View 990 |
| 2019 | $443K | $330K | $130K | $0 | — | — |
| 2018 | $300K | $282K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.3M, expenses of $8.4M, and assets of $3.8M (revenue -44.8% year-over-year).
- 2022: Revenue of $16.8M, expenses of $15.6M, and assets of $3.0M (revenue +497.0% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.7M, and assets of $1.8M (revenue -88.4% year-over-year).
- 2020: Revenue of $24.2M, expenses of $22.7M, and assets of $2.1M (revenue +5378.8% year-over-year).
- 2019: Revenue of $443K, expenses of $330K, and assets of $130K (revenue +47.7% year-over-year).
- 2018: Revenue of $300K, expenses of $282K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward Action Fund:
Data Sources and Methodology
This transparency report for Forward Action Fund 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.