Forerunner Mentoring

Analysis

Forerunner Mentoring is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Forerunner Mentoring reported income of $912k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $526k to $912k (+73%), an average of +15% a year. The sharpest change came in the year to May 2020, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Forerunner Mentoring sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Dev Mission ($910k), Teamwork Foundation Inc ($912k) and Camp Fire ($909k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $104k (9.5% of expenses). Other salaries and wages came to $605k. At year end it held assets of $489k against liabilities of $5,236, net assets of $484k. It reported 27 employees.