Forward In The Fifth Inc
EIN: 611109074 · Somerset, KY
| Metric | Value |
|---|---|
| Total Expenses | $221K |
| Net Assets | $-56,441 |
Is Forward In The Fifth Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forward In The Fifth Inc
Forward In The Fifth Inc (EIN: 611109074) is a nonprofit organization based in Somerset, KY. 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 Forward In The Fifth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward In The Fifth Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $221K |
| Surplus / Deficit | $-9,118 |
| Total Assets | $51K |
| Total Liabilities | $107K |
| Net Assets | $-56,441 |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 211.7% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2016, Forward In The Fifth Inc reported a deficit of $9K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 211.7% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Forward In The Fifth Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -5.0% | +10.1% | -18.6% |
| 2015 | +144.2% | +78.6% | +90.1% |
| 2014 | +74.9% | +14.2% | +311.8% |
| 2013 | -72.0% | -47.9% | -75.8% |
| 2012 | +119.1% | +145.6% | +282.4% |
AI Analysis Pending
AI enrichment for Forward In The Fifth Inc 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 In The Fifth Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 211.7%.
Frequently Asked Questions about Forward In The Fifth Inc
Is Forward In The Fifth Inc a legitimate charity?
Forward In The Fifth Inc (EIN: 611109074) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Forward In The Fifth Inc spend its money?
Forward In The Fifth Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forward In The Fifth Inc tax-deductible?
Forward In The Fifth Inc is registered as a tax-exempt nonprofit (EIN: 611109074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forward In The Fifth Inc located?
Forward In The Fifth Inc is headquartered in Somerset, Kentucky and files with the IRS under EIN 611109074.
How many years of IRS 990 filings does Forward In The Fifth Inc have?
Forward In The Fifth Inc 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.
Filing History
IRS 990 filing history for Forward In The Fifth Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Forward In The Fifth Inc's revenue has grown by 148.8%, moving from $85K to $211K. Total assets increased by 489.7% over the same period, from $9K to $51K. Total functional expenses rose by 187.4%, from $77K to $221K. In its most recent filing year (2016), Forward In The Fifth Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $107K in liabilities against $51K in assets (debt-to-asset ratio: 211.7%), resulting in net assets of $-56,441.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $211K | $221K | $51K | $107K | — | View 990 |
| 2015 | $223K | $200K | $62K | $109K | — | View 990 |
| 2014 | $91K | $112K | $33K | $102K | — | View 990 |
| 2013 | $52K | $98K | $8K | $57K | — | View 990 |
| 2012 | $186K | $188K | $33K | $35K | — | View 990 |
| 2011 | $85K | $77K | $9K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $211K, expenses of $221K, and assets of $51K (revenue -5.0% year-over-year).
- 2015: Revenue of $223K, expenses of $200K, and assets of $62K (revenue +144.2% year-over-year).
- 2014: Revenue of $91K, expenses of $112K, and assets of $33K (revenue +74.9% year-over-year).
- 2013: Revenue of $52K, expenses of $98K, and assets of $8K (revenue -72.0% year-over-year).
- 2012: Revenue of $186K, expenses of $188K, and assets of $33K (revenue +119.1% year-over-year).
- 2011: Revenue of $85K, expenses of $77K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward In The Fifth Inc:
Data Sources and Methodology
This transparency report for Forward In The Fifth Inc 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.