Louis & Josie Forchheimer Memorial Foundation Tr Uw is a 501(c)(3) organization based in Birmingham, Alabama, registered in 1990, with $564,922 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$565K
▲ 31.1% vs prior year
Expenses (FY2024)
$577K
Net assets
$8.3M
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 Louis & Josie Forchheimer Memorial Foundation Tr Uw— 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. For Louis & Josie Forchheimer Memorial Foundation Tr Uw: 173 mo reserves · -2% margin earns a B+ on this criterion. 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 Louis & Josie Forchheimer Memorial Foundation Tr Uw— 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 Louis & Josie Forchheimer Memorial Foundation Tr Uw: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $489K (FY2016) to $565K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$0
Net assets
$8.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $564,922▲31.1% | $576,642▼1.4% | $8,302,087▼0.3% | $8,302,087▼0.3% | 990PF |
| 2023 | $430,822▼18.7% | $584,581▼8.0% | $8,323,524▼1.8% | $8,323,524▼1.8% | 990PF |
| 2022 | $529,840▼53.9% | $635,144▲14.8% | $8,478,425▼1.2% | $8,478,425▼1.2% | 990PF |
| 2021 | $1,150,245▲328% | $553,443▲1.5% | $8,583,487▲7.4% | $8,583,487▲7.4% | 990PF |
| 2020 | $268,698▼58.3% | $545,120▲0.3% | $7,989,634▼3.3% | $7,989,634▼3.3% | 990PF |
| 2019 | $643,846▲32.5% | $543,582▲2.3% | $8,264,690▲1.2% | $8,264,690▲1.2% | 990PF |
| 2018 | $485,977▼0.5% | $531,444▲1.9% | $8,165,370▼0.9% | $8,165,370▼0.9% | 990PF |
| 2016 | $488,594 | $521,297▲31.3% | $8,235,710▲3.6% | $8,235,710▲3.6% | 990PF |
| 2011 | — | $397,050 | $7,947,529 | $7,947,529 | 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 Louis & Josie Forchheimer Memorial Foundation Tr Uw (EIN 63-6161119) 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.