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EIN 88-3796632

Forward Memphis

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Memphis
State
Tennessee
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Forward Memphis collaborates with various institutions to put an end to generational cycles of payday lending through financial literacy education, coaching, and assistance. The organization offers individual grants to assist in its launch.
Total revenues
$611,937
2023
Total expenses
$363,844
2023
Total assets
$276,031
2023
Num. employees
5
2023

Program areas at Forward Memphis

Financial literacy coaching - applicants completed an online application for assistance. Upon completion, applicants are matched with a financial coach. 270 applicants received one-to-one coaching to develop sustainable financial solutions.
Freedom fund - 51 applicants received financial assistance to assist with the elimination of preditory loans

Who funds Forward Memphis

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
HW Durham FoundationFinancial Counseling$16,090
Community Foundation of Greater MemphisGeneral Operational Support$10,000

Personnel at Forward Memphis

NameTitleCompensation
Travis MoodyChief Executive Officer$108,000
Steven BrownTreasurer$0
Erin BledsoeBoard Secretary$0
Ephie JohnsonBoard President$0

Financials for Forward Memphis

RevenuesFYE 12/2023
Total grants, contributions, etc.$611,678
Program services$0
Investment income and dividends$259
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$611,937

Form 990s for Forward Memphis

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-08990View PDF
2022-122023-04-06990EZView PDF

Organizations like Forward Memphis

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Thrive AshevilleAsheville, NC$505,309
Urban League of the State of ArkansasLittle Rock, AR$242,644
En2ActionSan Francisco, CA$519,221
Downtown Carlisle AssociationCarlisle, PA$191,979
Downtown Walla Walla FoundationWalla Walla, WA$530,562
Downtown Ashland AssociationAshland, VA$229,591
Main Street WoosterWooster, OH$339,678
Urban League of Rochester Economic Development CorporationRochester, NY$421,286
Lewisburg Downtown PartnershipLewisburg, PA$258,673
Ymi Cultural CenterAsheville, NC$524,626
Data update history
July 9, 2024
Received grants
Identified 1 new grant, including a grant for $16,090 from HW Durham Foundation
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Community Foundation of Greater Memphis
June 16, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
June 14, 2023
Updated personnel
Identified 1 new personnel
June 10, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
255 N Highland
Memphis, TN 38111
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
forwardmemphis.com/ 
Phone
(901) 290-8035
IRS details
EIN
88-3796632
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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