Forte-stein Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Forte-stein Charitable Foundation is a 501(c)(3) organization based in Wilmington, North Carolina, registered in 2001, with $8,219 in FY2024 revenue. CharityIndex grades it F.
4531 Auriana Way, Wilmington, NC, 28409 EIN 77-0528972 Since 2001
Revenue (FY2024)
$8,219
▲ 1.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$14K
Net assets
$271K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Forte-stein Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating239 mo reserves · -66% margin
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. For Forte-stein Charitable Foundation: 239 mo reserves · -66% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Forte-stein Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Forte-stein Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4531 Auriana Way, Wilmington, NC, 28409
- City
- Wilmington
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $37K (FY2020) to $8,219 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $277Net assets $271K
Operating margin
-65.8%
Spent more than it raised in the latest fiscal year.
Total assets
$271K
Total liabilities
$277
Net assets
$271K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,219▲1.9% | $13,627▲20.7% | $270,991 | $271,268▼1.9% | 990PF |
| 2023 | $8,067▼35.5% | $11,288▼47.8% | $0▼100% | $276,396▼1.3% | 990PF |
| 2022 | $12,503▼57.2% | $21,635▲134% | $280,055▼3.2% | $280,055▼3.2% | 990PF |
| 2021 | $29,217▼20.6% | $9,232▼33.3% | $289,187▲7.4% | $289,187▲7.4% | 990PF |
| 2020 | $36,778 | $13,846 | $269,202 | $269,202 | 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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Frequently asked questions
- Is Forte-stein Charitable Foundation a legitimate nonprofit?
- Yes. Forte-stein Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0528972, based in Wilmington, North Carolina. Donations are tax-deductible.
- What is Forte-stein Charitable Foundation's EIN?
- Forte-stein Charitable Foundation's Employer Identification Number (EIN) is 77-0528972.
- How much revenue does Forte-stein Charitable Foundation report?
- Forte-stein Charitable Foundation reported $8,219 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Forte-stein Charitable Foundation have?
- CharityIndex grades Forte-stein Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Forte-stein Charitable Foundation (EIN 77-0528972) 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.