Forward Sumner
EIN: 43686852 · Hendersonvlle, TN · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $800K |
| Total Expenses | $378K |
| Net Assets | $181K |
Is Forward Sumner Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forward Sumner
Forward Sumner (EIN: 43686852) is a nonprofit organization based in Hendersonvlle, TN, classified under NTEE code S41. The organization reported total revenue of $800K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forward Sumner's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward Sumner is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $339K |
| Total Expenses | $378K |
| Surplus / Deficit | $-39,165 |
| Total Assets | $242K |
| Total Liabilities | $61K |
| Net Assets | $181K |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Forward Sumner reported a deficit of $39K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Forward Sumner's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | +0.9% | +9.6% |
| 2022 | +25.5% | +10.5% | +1.0% |
| 2021 | -1.6% | +12.1% | +8.3% |
| 2020 | +37.2% | +8.6% | +15.3% |
| 2019 | -25.4% | +6.3% | -20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forward Sumner 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 Sumner 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 $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.0%.
Frequently Asked Questions about Forward Sumner
Is Forward Sumner a legitimate charity?
Forward Sumner (EIN: 43686852) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $800K. No red flags identified. Financial health grade: B.
How does Forward Sumner spend its money?
Forward Sumner reported $800K 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 Forward Sumner tax-deductible?
Forward Sumner is registered as a tax-exempt nonprofit (EIN: 43686852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forward Sumner located?
Forward Sumner is headquartered in Hendersonvlle, Tennessee and files with the IRS under EIN 43686852. It is classified under NTEE code S41.
How many years of IRS 990 filings does Forward Sumner have?
Forward Sumner 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 $800K in total revenue.
Filing History
IRS 990 filing history for Forward Sumner showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forward Sumner's revenue has grown by 1181.1%, moving from $26K to $339K. Total assets decreased by 27.1% over the same period, from $332K to $242K. Total functional expenses rose by 80.6%, from $209K to $378K. In its most recent filing year (2023), Forward Sumner reported a deficit of $39K, with expenses exceeding revenue. The organization holds $61K in liabilities against $242K in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $181K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $339K | $378K | $242K | $61K | — | View 990 |
| 2022 | $397K | $375K | $221K | $311 | — | — |
| 2021 | $316K | $339K | $219K | $49K | — | View 990 |
| 2020 | $321K | $303K | $202K | $9K | — | View 990 |
| 2019 | $234K | $278K | $175K | $852 | — | — |
| 2018 | $314K | $262K | $219K | $761 | — | View 990 |
| 2017 | $268K | $266K | $167K | $817 | — | — |
| 2016 | $231K | $263K | $165K | $823 | — | View 990 |
| 2015 | $224K | $248K | $197K | $0 | — | View 990 |
| 2014 | $370K | $253K | $232K | $11K | — | View 990 |
| 2013 | $304K | $248K | $134K | $30K | — | View 990 |
| 2012 | $119K | $402K | $69K | $21K | — | View 990 |
| 2011 | $26K | $209K | $332K | $556 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339K, expenses of $378K, and assets of $242K (revenue -14.5% year-over-year).
- 2022: Revenue of $397K, expenses of $375K, and assets of $221K (revenue +25.5% year-over-year).
- 2021: Revenue of $316K, expenses of $339K, and assets of $219K (revenue -1.6% year-over-year).
- 2020: Revenue of $321K, expenses of $303K, and assets of $202K (revenue +37.2% year-over-year).
- 2019: Revenue of $234K, expenses of $278K, and assets of $175K (revenue -25.4% year-over-year).
- 2018: Revenue of $314K, expenses of $262K, and assets of $219K (revenue +17.1% year-over-year).
- 2017: Revenue of $268K, expenses of $266K, and assets of $167K (revenue +16.2% year-over-year).
- 2016: Revenue of $231K, expenses of $263K, and assets of $165K (revenue +3.1% year-over-year).
- 2015: Revenue of $224K, expenses of $248K, and assets of $197K (revenue -39.5% year-over-year).
- 2014: Revenue of $370K, expenses of $253K, and assets of $232K (revenue +21.6% year-over-year).
- 2013: Revenue of $304K, expenses of $248K, and assets of $134K (revenue +154.7% year-over-year).
- 2012: Revenue of $119K, expenses of $402K, and assets of $69K (revenue +351.0% year-over-year).
- 2011: Revenue of $26K, expenses of $209K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward Sumner:
Data Sources and Methodology
This transparency report for Forward Sumner 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.