Bruce and Lois J Forbes Charitable Foundation Inc is a 501(c)(3) organization based in Harrisonburg, Virginia, registered in 1994, with $0 in FY2024 revenue.
Revenue (FY2024)
$0
Expenses (FY2024)
$0
Net assets
-$4,715
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bruce and Lois J Forbes Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. Not scored for Bruce and Lois J Forbes Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bruce and Lois J Forbes Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bruce and Lois J Forbes Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1,759 (FY2013) to $0 (FY2024) across 12 reported years.
Financial snapshot
Total assets
$285
Total liabilities
$5,000
Net assets
-$4,715
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0 | $0 | -$4,715 | $285 | 990PF |
| 2023 | $0 | $0 | -$4,715 | $285 | 990PF |
| 2022 | $0▼100% | $0▼100% | -$4,715 | $285 | 990PF |
| 2021 | $500▼97.5% | $3,725▼79.8% | -$4,715▼216% | $285▼91.9% | 990PF |
| 2020 | $20,002 | $18,485▼23.1% | -$1,490▲50.4% | $3,510▲76.1% | 990PF |
| 2019 | $20,003▼20.0% | $24,025▲7.6% | -$3,007▼396% | $1,993▼66.9% | 990PF |
| 2018 | $25,006▲1146% | $22,325▲5215% | $1,015▲161% | $6,015▲80.4% | 990PF |
| 2017 | $2,007▼50.1% | $420▲2.4% | -$1,666▼107% | $3,334▼87.9% | 990PF |
| 2016 | $4,024▲10489% | $410▲9.3% | $22,497▼62.3% | $27,497▼57.5% | 990PF |
| 2015 | $38▲58.3% | $375▲3.0% | $59,643▼22.1% | $64,643▼20.7% | 990PF |
| 2014 | $24▼98.6% | $364▲23.4% | $76,515▲104% | $81,515▲91.5% | 990PF |
| 2013 | $1,759 | $295 | $37,573 | $42,573 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bruce and Lois J Forbes Charitable Foundation Inc (EIN 54-1632246) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.