Skip to content
Nonprofiteer
← FDM FOUNDATION

Form 990 for tax year 2022

Filed by FDM FOUNDATION.

Totals

Total revenue
$3,326,981
Total expenses
$4,311,488
Contributions and grants received
$3,327,431
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
-$450
Total assets, end of year
$327,911
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$327,911
Program services expenses (Part IX)
$4,308,946
Management and general expenses
$2,542
Fundraising expenses
$0
Program service expenses (Part III)
$4,308,946

Program services were 99.9% 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.

  • 1c · Fundraising events

    $1,380

  • 1f · All other contributions, gifts and grants

    $3,326,051

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $1,380

  • 8b · Fundraising events: direct expenses

    $450

  • 8c · Net income from fundraising events

    total -$450 · excluded -$450

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,500 · management and general $2,500

  • 21 · Payments to affiliates

    total $4,308,781 · program services $4,308,781

  • 24a · Other expenses: STRIPE EXPENSES

    total $207 · program services $165 · management and general $42

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $412,485 · end of year $327,911

  • 4 · Accounts receivable

    beginning of year $900,383

  • 17 · Accounts payable and accrued expenses

    beginning of year $450

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,312,418 · end of year $327,911

Mission and programs · 2022

Mission

THE PURPOSE OF THE FDM FOUNDATION IS TO SUPPORT THE ACTIVITIES AND PURPOSES OF THE FAITH DRIVEN MOVEMENTS (FDM), ITS SOLE MEMBER, WHOSE MISSION IS TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE PEOPLE TO USE THEIR TIME, TALENTS, AND OTHER RESOURCES IN THE MARKETPLACE.

Activities or mission (Part I)

TO SUPPORT THE ACTIVITIES AND PURPOSES OF THE FAITH DRIVEN MOVEMENTS (FDM), ITS SOLE MEMBER, WHOSE MISSION IS TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE PEOPLE TO USE THEIR TIME, TALENTS, AND OTHER RESOURCES IN THE MARKETPLACE.

  • FDM FOUNDATION SUPPORTS THE ACTIVITIES AND PURPOSES OF THE FAITH DRIVEN MOVEMENTS (FDM), ITS SOLE MEMBER, WHOSE MISSION IS TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE PEOPLE TO USE THEIR TIME, TALENTS, AND OTHER RESOURCES IN THE MARKETPLACE.

    Expenses $4,308,946

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JUSTIN FORMAN

    EXECUTIVE DIRECTOR / SECRE

    Total calculated
    $273,420
    From this org
    $0
    From related orgs
    $262,720
    Other
    $10,700
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,720 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,700 related
    Filer's total
    $0 + $273,420 related
  • LUKE ROUSH

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • HENRY KAESTNER

    MEMBER

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • FAITH DRIVEN MOVEMENTS

    501(C)(6) · TO ADVANCE THE INTEREST OF ITS MEMBERSHIP AND THEIR APPROACHES TO BIBLICALLY · NC

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349322365

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.