Public Charity

FORWARD CITIES INC

Based in DURHAM, NC, FORWARD CITIES INC operates as a Public Charity. The organization reported $1.7M in revenue, $1.4M in expenses, $584K in total assets for fiscal year 2024. Imperigo tracks 41 reported grant relationships connected to this organization totaling approximately $1.8M.

EIN: 134302280 DURHAM, NC Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$1.7M
Total Expenses$1.4M
Total Assets$584K
Grant Records41
Funding Total$1.8M
Filing Years2019–2024

Mission

TO EQUIP COMMUNITY LEADERS, CATALYZE NARRATIVE CHANGE, AND MEASURE PROGRESS OVER TIME, LEVERAGING FIRST-HAND ECOSYSTEM BUILDING EXPERIENCES ACROSS THE NATION.

Where $100 goes at Forward Cities Inc

How Forward Cities Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$78 Programs the work itself
$20 Management running the organization
$2 Fundraising raising the next dollar

Inside the $78 for programs

$39
E3 Durham county award-as the sba navigator program and pilot funding ended in november 2023, the Durham county arpa grant award is an opportunity to leverage the sba's…
50% of program spending
$27
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…
34% of program spending
$12
Tulsa ecosystem
16% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Adrian Smith
PRESIDENT AND CEO C Fay Horwitt
MEMBER Christina Cain
MEMBER Demetra Brown
MEMBER Lauren Paul
BOARD CHAIR Pete Carlson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$293,500 12 grants
Economic Development
$262,500 6 grants
Research & Policy
$190,000 3 grants
International Aid & Development
$15,000 1 grant
Fundraising & Sponsorship
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.7M $1.4M $584K
2023 $1.1M $1.6M $303K
2022 $1.9M $2.3M $791K
2020 $2.5M $2.7M $890K
2019 $2.8M $2.4M $1.1M

Between 2019 and 2024, reported annual revenue declined from $2.8M to $1.7M (-38%), with total assets most recently reported at $584K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FORWARD CITIES INC

Complete financials, all 41 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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