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Forkids Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541477799 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

Overview

What is Forkids Inc?

Forkids Inc, based in Chesapeake, Virginia, is a dedicated nonprofit organization that assists families in need by helping them secure suitable housing. Their case management services empower families to establish long-term goals, enabling them to overcome challenges such as paying down debt, securing reliable childcare, transportation, exploring education and training opportunities, and planning for a secure financial future. With a team of 141 dedicated individuals, Forkids Inc provides education, housing, and various other assistance to homeless families in transition, aiming to break the cycle of homelessness and poverty. Their mission extends beyond crisis response, encompassing the delivery of critical services and children's education programs across Hampton Roads, Virginia.


Official website here: www.forkids.org

Is Forkids Inc legitimate?

Forkids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forkids Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $586,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,088,552

For more financial information, click here


Official website here: www.forkids.org

What is the mission statement of Forkids Inc?

Forkids Inc, an organization dedicated to assisting families in transition, aims to provide education, housing, and other necessary services to homeless and unstably housed families. Their mission is to break the cycle of homelessness and poverty, not just for families, but also for their children. The organization offers crisis response, housing, and critical services, as well as educational programs, to families experiencing homelessness across Hampton Roads, Virginia. Forkids Inc strives to empower these families, providing them with the tools and resources needed to improve their living conditions and secure a stable future.


Official website here: www.forkids.org

Who is the CEO of Forkids Inc?

Thaler Mccormick is the Director of Forkids Inc. The CEO's salary of Forkids Inc is $199,968 and their total compensation is $212,820.


Official website here: www.forkids.org

What is the revenue of Forkids Inc?

Forkids Inc's revenue in 2022 was $10,595,777.


Official website here: www.forkids.org

Who are the executives of Forkids Inc and what are their salaries?

The average compensation at Forkids Inc during 2022 was $33,154. There are 141 employees and 500 volunteers at Forkids Inc.

Here are 30 key members and their salaries (Forkids Inc's CEO's salary is $199,968 and their total compensation is $212,820):

    Thaler Mccormick (Corporate Secretary/Ceo) [Trustee/Director]
  • Compensation: $199,968
  • Related: $0
  • Other: $12,852

    • William Young (Chief Innovation Officer)
  • Compensation: $134,338
  • Related: $0
  • Other: $10,378

    • Sharhonda Woods (Chief People Officer)
  • Compensation: $103,865
  • Related: $0
  • Other: $12,805

    • Sarah Johnson (Chief Operating Officer)
  • Compensation: $101,311
  • Related: $0
  • Other: $3,693

    • Kelly Sokol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Faatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenn Pfitzner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Cetrone Md (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenni Bivins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blythe Ann Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eley Duke Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cdr Ty Biggs Usn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Gibney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Bateman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jai Essenmacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Outlaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nita Jain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Baum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Birkel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Blevins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura F Calvert (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Monroe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Austin-Peterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cline Reasor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Michael Toliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles White Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Broome (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyla Shawyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Finch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.forkids.org

    Where can I find the form 990 for Forkids Inc?

    The Forkids Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.forkids.org

    Learn more at the official website: www.forkids.org

    Mission Statement of Forkids Inc

    Forkids Inc, a nonprofit organization, is dedicated to providing education, housing, and other necessary assistance to homeless families in transition. Their mission is to break the cycle of homelessness and poverty for these families and their children. By offering crisis response, housing services, and children's education programs, Forkids Inc aims to provide a stable environment and opportunities for these families to rebuild their lives. Based in Hampton Roads, Virginia, Forkids Inc serves families experiencing homelessness, providing them with the critical support needed to overcome their current situation and work towards a more secure future.

    Impact

    This information is meant to be a general summary of Forkids Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Forkids Inc's impact lies in its holistic approach to helping homeless families break the cycle of homelessness and poverty. By providing education, housing, and other vital services, Forkids empowers families to stabilize their living situations and set and achieve long-term goals. Through housing stabilization services and case management, Forkids has assisted 310 households with 717 children in securing housing and establishing realistic plans for the future. This support enables families to address housing-related challenges, reduce debt, access childcare and transportation, pursue education and training opportunities, and work towards a more financially secure future. Through its dedicated efforts in Chesapeake, VA, Forkids is making a tangible difference in the lives of vulnerable families and children, helping them overcome adversity and strive towards a brighter future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $293,229
  • Program Service Revenue: $30,977
  • Gross Receipts: $11,341,108

    • Assets and Liabilities:
  • Total Assets: $29,511,894
  • Total Liabilities: $304,074
  • Net Assets: $29,207,820
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    APARTMENT RENTALS

    Revenue

    $30,977

    Organization Details

    Founding Year

    1991

    Principal Officer

    Thaler Mccormick

    Main Address

    1001 POINDEXTER STREET, CHESAPEAKE, VA, 23324

    NTEE Category

    Code: L410 - Housing

    If you are a representative of Forkids Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.