Forward Hispanic Community Services
EIN: 853330743 · Chicago, IL · NTEE: F99
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $423K |
| Net Assets | $89K |
Is Forward Hispanic Community Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forward Hispanic Community Services
Forward Hispanic Community Services (EIN: 853330743) is a nonprofit organization based in Chicago, IL, classified under NTEE code F99. The organization reported total revenue of $511K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forward Hispanic Community Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward Hispanic Community Services is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 107.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $469K |
| Total Expenses | $423K |
| Surplus / Deficit | +$46K |
| Total Assets | $86K |
| Net Assets | $89K |
| Operating Margin | 9.8% |
| Months of Reserves | 2.4 months |
Financial Health Grade: B
In 2023, Forward Hispanic Community Services reported a surplus of $46K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2021–2023), Forward Hispanic Community Services's revenue has grown at a compound annual growth rate (CAGR) of 107.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.1% | +79.3% | +90.2% |
| 2022 | +152.6% | +118.9% | +1019.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forward Hispanic Community Services 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 Hispanic Community Services 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 $46K, with revenue exceeding expenses.
Frequently Asked Questions about Forward Hispanic Community Services
Is Forward Hispanic Community Services a legitimate charity?
Forward Hispanic Community Services (EIN: 853330743) is a registered tax-exempt nonprofit based in Illinois. It has 3 years of IRS 990 filings on record. Total revenue: $511K. No red flags identified. Financial health grade: A.
How does Forward Hispanic Community Services spend its money?
Forward Hispanic Community Services reported $511K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forward Hispanic Community Services tax-deductible?
Forward Hispanic Community Services is registered as a tax-exempt nonprofit (EIN: 853330743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forward Hispanic Community Services located?
Forward Hispanic Community Services is headquartered in Chicago, Illinois and files with the IRS under EIN 853330743. It is classified under NTEE code F99.
How many years of IRS 990 filings does Forward Hispanic Community Services have?
Forward Hispanic Community Services 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 $511K in total revenue.
Filing History
IRS 990 filing history for Forward Hispanic Community Services showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Forward Hispanic Community Services's revenue has grown by 329.7%, moving from $109K to $469K. Total assets increased by 2029.8% over the same period, from $4K to $86K. Total functional expenses rose by 292.4%, from $108K to $423K. In its most recent filing year (2023), Forward Hispanic Community Services reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $469K | $423K | $86K | $-2,873 | — | — |
| 2022 | $276K | $236K | $45K | $4K | — | View 990 |
| 2021 | $109K | $108K | $4K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $469K, expenses of $423K, and assets of $86K (revenue +70.1% year-over-year).
- 2022: Revenue of $276K, expenses of $236K, and assets of $45K (revenue +152.6% year-over-year).
- 2021: Revenue of $109K, expenses of $108K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward Hispanic Community Services:
Data Sources and Methodology
This transparency report for Forward Hispanic Community Services 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.