Joel Forshaw Memorial Foundation
- Assets
- $122.0
- Revenue
- $440.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandston, VA
- Founding
- 02/2015
- Data as of
- 05/2024
- EIN
- 30-0839320
Organization Overview
Joel Forshaw Memorial Foundation is located in Sandston, VA. The organization was established in 2015. According to its NTEE Classification (L05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joel Forshaw Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Joel Forshaw Memorial Foundation generated $440.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $4.1k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamera Forshaw Director | 5 | $0 | |
Scott Forshaw Director | 5 | $0 | |
Tyler Forshaw Director | 2 | $0 | |
Christine Branham Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $440 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,500 |
| Total operating and administrative expenses | $4,060 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $122 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,816 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manufactured Housing Institute Arlington, VA | $9,862,453 | $6,811,851 |
North Carolina Housing Coalition Inc Durham, NC | $1,574,470 | $4,049,010 |
Kentucky Manufactured Housing Institute Frankfort, KY | $1,760,440 | $932,199 |
Institute For Responsible Housing Preservation Washington, DC | $352,457 | $439,556 |
National Rural Housing Coalition Washington, DC | $22,242 | $343,557 |
Construction Specifications Institute Foundation Inc Alexandria, VA | $811,401 | $31,468 |
Joel Forshaw Memorial Foundation Sandston, VA | $122 | $440 |
Center For Housing Policy Washington, DC | $0 | $0 |