FORWARD CITIES INC

As filed

Subsection

03

NTEE code

S31

Classification

1000

Street

PO BOX 2008

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• THE E3 DURHAM COMMUNITY NAVIGATOR PILOT PROGRAM, FUNDED BY THE SMALL BUSINESS ADMINISTRATION, IS DESIGNED TO ADDRESS SYSTEMIC, STRUCTURAL, CULTURAL, AND DEMOGRAPHIC INEQUITIES IN THE DURHAM, NC AREA THAT ARE PREVENTING ENTREPRENEURS FROM ACCESSING EQUITABLE OPPORTUNITIES. DURING THIS PILOT PROGRAM FORWARD CITIES, INC., WILL ACT AS A "HUB" THAT FOCUSES ON HELPING EXISTING LOCAL NAVIGATION PARTNERS CONNECT WITH AND ENGAGE ECONOMICALLY DISADVANTAGED AND/OR DISCONNECTED ENTREPRENEURS. THESE NAVIGATION PARTNERS, ALSO CALLED SPOKES, IN TURN PROVIDE EDUCATIONAL OPPORTUNITIES, NETWORKING, TECHNICAL ASSISTANCE, PROFESSIONAL SERVICES, COUNSELING, ACCESS TO CAPITAL, AND OTHER CRITICAL RESOURCES FOR EARLY-TO-MID-STAGE ENTREPRENEURS. THIS COLLABORATIVE EFFORT WILL BUILD A COMMUNITY AND A DUPLICABLE FRAMEWORK TO ADDRESS LONG-TERM SYSTEMIC BIASES, BARRIERS AND OTHER CHALLENGES FACED BY UNDERSERVED ENTREPRENEURS THROUGH A SYSTEMS-CHANGE APPROACH.

  Expenses $384,401 · Grants $139,593

• THE BLACK WALL STREET FORWARD PILOT PROGRAM LAUNCHED IN 2022 AND WAS MODELED ON THE PILLARS THAT MADE DURHAM'S ORIGINAL BLACK WALL STREET SUCCESSFUL, WITH THE GOAL OF CONTINUING THE LEGACY OF CATALYZING BLACK BUSINESS OWNERS AND CHAMPIONS. THE TRANSFORMATIVE PROGRAM ENGAGED FIVE COMMUNITIES THROUGHOUT THE STATE OF NORTH CAROLINA IN A COHORT-BASED LEARNING JOURNEY TO EXPLORE THE PAST AND PRESENT OF BLACK ENTREPRENEURSHIP IN THOSE COMMUNITIES AND TO TAKE COLLABORATIVE ACTION TO BUILD A BETTER COLLECTIVE FUTURE.

  Expenses $323,107

• -E3 INDY - THROUGH THE INDY E3 ENGAGEMENT, FORWARD CITIES ACTIVATED A RACIAL EQUITY COALITION FRAMEWORK TO HELP INDY ECOSYSTEM LEADERS DETERMINE THE BEST WAY TO CATALYZE STAKEHOLDERS TOWARD THE DEVELOPMENT OF THE ECOSYSTEM CONDITIONS NECESSARY FOR SHORT-TERM RECOVERY FOR BLACK AND LATINX OWNED BUSINESSES BALANCED WITH LONG-TERM RESILIENCY.

  Expenses $104,351 · Grants $57,000

• E3 VOICES: FORWARD CITIES USES THE EXPERIENCE GAINED IN ALL THE PROGRAMS TO DEVELOP E3 VOICES THAT CREATED THOUGHT LEADERSHIP, SPEAKING ENGAGEMENTS, AND RESEARCH PUBLICATIONS RELATED TO DIVERSITY, EQUITY, AND INCLUSION.E3 NATION: FORWARD CITIES ALSO LEVERAGES ITS OWN LEARNINGS TO TRAIN AND EQUIP ECOSYSTEM BUILDERS AND OTHER ORGANIZATIONS ACROSS THE COUNTRY WITH THE SKILLS THEY NEED TO EFFECTIVELY DEVELOP THEIR OWN EQUITABLE ENTREPRENEURIAL ECOSYSTEMS. PRIMARY CLIENTS AND PROGRAM ACCOMPLISHMENTS INCLUDED:-EWING MARION KAUFFMAN LEARNING GRANT - IN 2023, FORWARD CITIES PROVIDED CONSULTING SERVICES TO THE EMKF EVALUATION DEPARTMENT BY PUTTING IN PLACE A STRONG LEARNING FOUNDATION TO BUILD OFF OF THE SOON TO BE COMPLETED FOUR YEAR ESHIP COMMUNITIES PROJECT. E3 SOLUTIONS: FORWARD CITIES LEVERAGES ITS EXTENSIVE EXPERIENCE CONVENING CROSS-SECTOR AND DIVERSE STAKEHOLDERS TO ASSESS THE HEALTH OF A CITY'S EQUITABLE ENTREPRENEURIAL ECOSYSTEM (E3). AND TO PROVIDE CONSULTING SERVICES FOR OTHER ORGANIZATIONS. PRIMARY CLIENTS AND PROGRAM ACCOMPLISHMENTS INCLUDED:-ESHIP COMMUNITIES- ESHIP COMMUNITIES WAS A COMMUNITY-DRIVEN APPROACH FOR BUILDING ENTREPRENEURIAL ECOSYSTEMS THAT FOSTER INCLUSION, RELATIONSHIPS, COLLABORATION, AND SOCIAL CAPITAL ACROSS NETWORKS OF ENTREPRENEURS AND THOSE WHO SUPPORT THEM. THE PROGRAM SUPPORTED THE CREATION AND EVALUATION OF A REPEATABLE, BOTTOM-UP APPROACH TO BUILDING AND STRENGTHENING ENTREPRENEURIAL ECOSYSTEMS.

  Expenses $329,783 · Grants $209 · Revenue $50,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $1,072,854

  Expenses

  $1,560,386

  Contributions

  $1,020,459

  Grants paid

  $196,802

• 2022

  Revenue

  $1,860,427

  Expenses

  $2,254,056

  Contributions

  $1,673,950

  Grants paid

  $257,289

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,460,187

  Expenses

  $2,092,074

  Assets (EOY)

  $1,196,373

• 2020 · 990

  Revenue

  $2,482,768

  Expenses

  $2,683,130

  Assets (EOY)

  $889,550

• 2019 · 990

  Revenue

  $2,778,625

  Expenses

  $2,364,766

  Assets (EOY)

  $1,137,143

• 2018 · 990

  Revenue

  $1,431,165

  Expenses

  $1,098,179

  Assets (EOY)

  $655,260

• 2017 · 990

  Revenue

  $912,753

  Expenses

  $759,127

  Assets (EOY)

  $339,193

• 2017 · 990

  Revenue

  $912,753

  Expenses

  $759,127

  Assets (EOY)

  $339,193

• 2016 · 990

  Revenue

  $663,887

  Expenses

  $716,174

  Assets (EOY)

  $251,086

• 2015 · 990

  Revenue

  $904,671

  Expenses

  $899,690

  Assets (EOY)

  $170,915

• 2014 · 990

  Revenue

  $650,143

  Expenses

  $2,016,680

  Assets (EOY)

  $202,962

• 2013 · 990

  Revenue

  $969,054

  Expenses

  $1,127,251

  Assets (EOY)

  $1,445,850

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• NORTH CAROLINA CENTRAL UNIVERSITY SCHOOL OF BUSINESS

  $50,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• DURHAM TECHNICAL COMMUNITY COLLEGE

  $50,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• COHADO

  $36,813

  2022 · COMMUNITY NAVIGATOR SPOKE

• ECHO

  $30,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• INFINITY BRIDGES

  $30,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• KNOX ST STUDIOSAB COMMUNITY

  $25,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• PROVIDENT1898

  $25,000

  2022 · COMMUNITY NAVIGATOR SPOKE

• PROVIDENT1898

  $0

  2023 · COMMUNITY NAVIGATOR SPOKE

• BLACK ONYX MANAGEMENT INC

  $0

  2023 · THE INDIANAPOLIS COMMUNITY ENTREPRENEURSHIP ACCELERATOR

• NORTH CAROLINA CENTRAL UNIVERSITY SCHOOL OF BUSINESS

  $0

  2023 · COMMUNITY NAVIGATOR SPOKE

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• GEORGE KAISER FAMILY FOUNDATION

  $110,000

  2024 · Tulsa Ecosystem Program Evaluation

• COMMON FUTURE

  $50,000

  2024 · GRANT FOR BUSINESS SUPPORT ORGANIZATION

• DONOR ADVISED CHARITABLE GIVING

  $25,000

  2023 · PUBLIC, SOCIETAL BENEFIT

Other IRS files