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FORMED FAMILIES FORWARD

Fairfax, VA   |  www.formedfamiliesforward.org
GuideStar Charity Check

FORMED FAMILIES FORWARD

EIN: 27-4828866

Mission

Formed Families Forward's mission is to improve developmental, educational, social, emotional and post-secondary outcomes for children and youth with disabilities and other special needs through provision of information, training and support to adoptive and foster parents, and kinship caregivers.

Ruling year info

2012

Principal Officer

Kelly Henderson

Main address

10304 Eaton Place Suite 100

Fairfax, VA 22030 USA

Show more contact info

EIN

27-4828866

Subject area info

Education services

Human services

Population served info

Foster and adoptive parents

Foster and adoptive children

People with disabilities

NTEE code info

Educational Services and Schools - Other (B90)

Family Services (P40)

Nonmonetary Support N.E.C. (P19)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

parent and caregiver support

We provide training and direct consultation to foster parents, adoptive parents, and kinship caregivers raising children and youth with special educational needs.

Population(s) Served
Foster and adoptive children
Foster and adoptive parents
People with disabilities

Where we work

Financials

FORMED FAMILIES FORWARD
Fiscal year: Oct 01 - Sep 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

430.80

Average of 332.31 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

12.3

Average of 4.9 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 7% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

FORMED FAMILIES FORWARD

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

FORMED FAMILIES FORWARD

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

FORMED FAMILIES FORWARD

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of FORMED FAMILIES FORWARD’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Fiscal year: Oct 01 - Sep 30 picture_as_pdf View full report cloud_downloadDownload data

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $30,076 $36,818 $65,649 $50,021 $52,043
As % of expenses 17.3% 18.4% 31.5% 11.7% 20.2%
Unrestricted surplus (deficit) after depreciation $30,076 $36,818 $65,649 $50,021 $52,043
As % of expenses 17.3% 18.4% 31.5% 11.7% 20.2%
Revenue composition info
Total revenue (unrestricted & restricted) $204,217 $237,188 $274,230 $478,926 $310,155
Total revenue, % change over prior year 79.0% 16.1% 15.6% 74.6% -35.2%
Program services revenue 10.1% 7.4% 30.2% 55.5% 23.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 87.6% 91.3% 69.1% 44.1% 72.0%
All other grants and contributions 2.3% 1.3% 0.7% 0.4% 4.7%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $174,141 $200,370 $208,581 $428,905 $258,112
Total expenses, % change over prior year 62.4% 15.1% 4.1% 105.6% -39.8%
Personnel 57.4% 55.9% 55.2% 31.4% 62.4%
Professional fees 15.3% 16.0% 18.1% 57.2% 19.5%
Occupancy 8.8% 7.8% 7.3% 3.6% 6.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 18.5% 20.3% 19.4% 7.8% 11.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $174,141 $200,370 $208,581 $428,905 $258,112
One month of savings $14,512 $16,698 $17,382 $35,742 $21,509
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $188,653 $217,068 $225,963 $464,647 $279,621

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 4.2 5.8 9.3 5.8 12.3
Months of cash and investments 4.2 5.8 9.3 5.8 12.3
Months of estimated liquid unrestricted net assets 4.1 5.8 9.3 5.9 12.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $60,235 $96,989 $162,078 $207,961 $264,945
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.7% 0.4% 0.1% 0.1% 0.2%
Unrestricted net assets $59,799 $96,617 $162,266 $212,287 $264,330
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $59,799 $96,617 $162,266 $212,287 $264,330

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Kelly Henderson

Number of employees

Source: IRS Form 990

FORMED FAMILIES FORWARD

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

FORMED FAMILIES FORWARD

Board of directors
as of 10/25/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Nancy Thompson

Organizational demographics

SOURCE: Self-reported; last updated 11/8/2022
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

No data