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Nonprofiteer
← FORGOTTEN INITIATIVE INC

Form 990 for tax year 2022

Filed by FORGOTTEN INITIATIVE INC.

Totals

Total revenue
$1,142,577
Total expenses
$821,328
Contributions and grants received
$1,142,199
Grants paid
$33,467
Program service revenue
$0
Investment income
$18
Other revenue
$360
Total assets, end of year
$401,572
Total liabilities, end of year
$25,323
Net assets or fund balances, end of year
$376,249
Program services expenses (Part IX)
$651,932
Management and general expenses
$120,146
Fundraising expenses
$49,250
Program service expenses (Part III)
$651,932

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,142,199

  • 1g · Noncash contributions included above

    $148,175

  • 3 · Investment income

    total $18 · excluded $18

  • 10a · Gross sales of inventory

    $860

  • 10b · Cost of goods sold

    $500

  • 10c · Net income from sales of inventory

    total $360 · related or exempt $360

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,978 · program services $8,978

  • 2 · Grants to domestic individuals

    total $24,489 · program services $24,489

  • 5 · Compensation of officers, directors and key employees

    total $50,000 · program services $12,500 · management and general $25,000 · fundraising $12,500

  • 7 · Other salaries and wages

    total $295,599 · program services $266,039 · management and general $29,560

  • 9 · Other employee benefits

    total $36,985 · program services $29,808 · management and general $5,839 · fundraising $1,338

  • 10 · Payroll taxes

    total $28,854 · program services $23,255 · management and general $4,555 · fundraising $1,044

  • 11b · Fees: legal

    total $2,138 · management and general $2,138

  • 11c · Fees: accounting

    total $3,749 · management and general $3,749

  • 11g · Fees: other

    total $250 · management and general $250

  • 12 · Advertising and promotion

    total $960 · fundraising $960

  • 13 · Office expenses

    total $18,897 · program services $15,117 · management and general $1,890 · fundraising $1,890

  • 14 · Information technology

    total $13,024 · management and general $13,024

  • 16 · Occupancy

    total $42,690 · program services $34,152 · management and general $4,269 · fundraising $4,269

  • 17 · Travel

    total $40,116 · program services $40,116

  • 19 · Conferences, conventions and meetings

    total $1,354 · program services $1,354

  • 22 · Depreciation, depletion and amortization

    total $15,704 · program services $12,564 · management and general $1,570 · fundraising $1,570

  • 23 · Insurance

    total $3,576 · management and general $3,576

  • 24a · Other expenses: MINISTRY SUPPLIESSERVICES

    total $211,632 · program services $169,306 · management and general $21,163 · fundraising $21,163

  • 24b · Other expenses: MISCELLANEOUS

    total $22,333 · program services $14,254 · management and general $3,563 · fundraising $4,516

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $399

  • 2 · Savings and temporary cash investments

    beginning of year $55,000 · end of year $149,484

  • 9 · Prepaid expenses and deferred charges

    end of year $310

  • 10a · Land, buildings and equipment: cost or other basis

    $267,083

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,704

  • 10c · Land, buildings and equipment, net

    end of year $251,379

  • 17 · Accounts payable and accrued expenses

    end of year $25,323

  • 27 · Net assets without donor restrictions

    beginning of year $55,000 · end of year $172,177

  • 28 · Net assets with donor restrictions

    end of year $204,072

Mission and programs · 2022

Mission

HELPING SUPPORT THE FOSTER CARE COMMUNITY THROUGH AWARENESS, ENCOURAGEMENT, AND ADVOCACY

  • PROVIDE ENCOURAGEMENT AND ADDITIONAL SUPPORT TO FOSTER CARE AGENCIES. WORK WITH CHURCH LEADERS TO HELP THE CHURCH ENGAGE WITH FOSTER CARE AGENCIES. IN 2022, TFI WORKED WITH 62 AGENCIES, IMPACTING 2,074 WORKERS AND 11,225 CHILDREN AND THEIR FAMILIES.

    Expenses $651,932 · Grants $33,467

As filed on the 2022 return.

Listed in Part VII

  • Jami Kaeb

    PRESIDENTEXECUTIVE DIRECTOR

    Total calculated
    $50,000
    From this org
    $50,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Jesse Casler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marla Ringger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Clint Kaeb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Margie Sauder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diana Jeffrey

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Josh Jeffrey

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Gary Ringger

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
25 July 2023
IRS schema version
2022v5.0
Source object
202302069349301615

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