Forest Grove Foundation Inc
- Assets
- $1.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Forest Grove, OR
- Founding
- 11/1995
- Data as of
- 06/2023
- EIN
- 93-1140249
Organization Overview
Forest Grove Foundation Inc is located in Forest Grove, OR. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Forest Grove Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Grove Foundation Inc 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 06/2023, Forest Grove Foundation Inc generated $2.5m in total revenue. All expenses for the organization totaled $915.1k during the year ending 06/2023. While expenses have increased by 94.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP ALLEVIATE THE SUFFERING OF INDIVIDUALS DUE TO THE EFFECTS OF POVERTY. THIS IS ACCOMPLISHED THROUGH SERVING THOSE THAT ARE HOMELESS, HOUSING INSECURE, AND HUNGRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING THOSE THAT ARE HOMELESS, HOUSING INSECURE, AND HUNGRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Cardwell Executive Director | 40 | $75,001 | |
Steven Harris Chief Financial Officer | 20 | $18,692 | |
Laura Thompson-Aue Vice President | OfficerTrustee | 1 | $0 |
Phil Ruder Secretary | OfficerTrustee | 1 | $0 |
Don Schweitzer Treasurer | OfficerTrustee | 0 | $0 |
Howard Sullivan Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,473,614 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,520,664 |
| Total Program Service Revenue | $2,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,850 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,527,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,693 |
| Compensation of current officers, directors, key employees. | $56,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,739 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,257 |
| Payroll taxes | $41,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$716 |
| Fees for services: Accounting | $4,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,525 |
| Advertising and promotion | $1,491 |
| Office expenses | $5,102 |
| Information technology | $21,208 |
| Royalties | $0 |
| Occupancy | $80,828 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,362 |
| Insurance | $13,753 |
| All other expenses | $49,619 |
| Total functional expenses | $915,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,536,717 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $315,085 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,300 |
| Net Land, buildings, and equipment | $43,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,905,703 |
| Accounts payable and accrued expenses | $35,695 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,858 |
| Total liabilities | $38,553 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,867,150 |
| Total liabilities and net assets/fund balances | $1,905,703 |