Forward Macon Inc
EIN: 581443695 · Macon, GA · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $635K |
| Net Assets | $917K |
Is Forward Macon 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 Macon Inc
Forward Macon Inc (EIN: 581443695) is a nonprofit organization based in Macon, GA, classified under NTEE code B01. The organization reported total revenue of $375K and total assets of $708K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forward Macon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward Macon Inc is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -75.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $635K |
| Surplus / Deficit | $-479,882 |
| Total Assets | $1.0M |
| Total Liabilities | $89K |
| Net Assets | $917K |
| Operating Margin | -310.0% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 19.0 months |
Financial Health Grade: B
In 2023, Forward Macon Inc reported a deficit of $480K with expenses exceeding revenue, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Forward Macon Inc's revenue has declined at a compound annual growth rate (CAGR) of -75.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.8% | +10.9% | -28.1% |
| 2022 | -95.7% | -20.0% | -33.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forward Macon 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 Macon 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $480K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Forward Macon Inc
Is Forward Macon Inc a legitimate charity?
Forward Macon Inc (EIN: 581443695) is a registered tax-exempt nonprofit based in Georgia. It has 3 years of IRS 990 filings on record. Total revenue: $375K. No red flags identified. Financial health grade: B.
How does Forward Macon Inc spend its money?
Forward Macon Inc reported $375K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forward Macon Inc tax-deductible?
Forward Macon Inc is registered as a tax-exempt nonprofit (EIN: 581443695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forward Macon Inc located?
Forward Macon Inc is headquartered in Macon, Georgia and files with the IRS under EIN 581443695. It is classified under NTEE code B01.
How many years of IRS 990 filings does Forward Macon Inc have?
Forward Macon Inc 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 $375K in total revenue.
Filing History
IRS 990 filing history for Forward Macon Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Forward Macon Inc's revenue has declined by 93.8%, moving from $2.5M to $155K. Total assets decreased by 51.9% over the same period, from $2.1M to $1.0M. Total functional expenses fell by 11.2%, from $715K to $635K. In its most recent filing year (2023), Forward Macon Inc reported a deficit of $480K, with expenses exceeding revenue. The organization holds $89K in liabilities against $1.0M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $917K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $635K | $1.0M | $89K | — | — |
| 2022 | $106K | $572K | $1.4M | $2K | — | View 990 |
| 2021 | $2.5M | $715K | $2.1M | $230K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $635K, and assets of $1.0M (revenue +45.8% year-over-year).
- 2022: Revenue of $106K, expenses of $572K, and assets of $1.4M (revenue -95.7% year-over-year).
- 2021: Revenue of $2.5M, expenses of $715K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward Macon Inc:
Data Sources and Methodology
This transparency report for Forward Macon 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.