Falling Forward Foundation INC EIN 47-4332787 Form 990 (PDF) Claim this org

Falling Forward Foundation INC

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Funds outpatient rehab for those whose insurance runs out, restoring ability and reducing disability. For fiscal year 2025 it reported $274K in revenue, $98K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Lawrence, KS
Website
www.fallingforward.org
Filings
4 on file (2021–2025)
Revenue
$274KFY2025
Expenses
$98K
Net assets
$1.1M
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  47-4332787 Public charity (501(c)(3)) Lawrence, KS
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds outpatient rehab for those whose insurance runs out, restoring ability and reducing disability.
Leadership
Dipika Aggarwal · Director
Money in and out
$274K revenue, $98K expenses
Bottom line
78% program efficiency
Where the money goes · FY2025
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $176K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs▼ -20% vs prior filing year
Operating runway
177.7mo
months of highly liquid reserves at operating expense rate▲ +58% vs prior filing year
Surplus margin
+64%
revenue over expenses, this year▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$274K
FY2025▼ -38%
Expenses
$98K
FY2025▼ -32%
Total assets
$1.1M
FY2025▲ +31%
Total liabilities
$0
FY2025
Total revenue
$274K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$176K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFalling Forward Foundation INC
EINHdr · item D47-4332787
Principal addressHdr · item CLawrence, KS
WebsiteHdr · item Jwww.fallingforward.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E12)
Ruling yearIRS BMFOct 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $76K of program spending, described in the organization's own filed words · FY2024.
01

During the past fiscal year, grants from falling forward foundationsupported the recovery of ANOTHER25 people. With continued rehabilitation, eachperson restored functional abilities and was able to resume a happy LIFE.WITHOUT support from our donors, each person's rehabilitation would have ended, their recovery would have stopped, and…

$76Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$255K · 93%
Investment income$18K · 7%
Contributions & grants93%$255K
Investment income7%$18K
Total revenueLn 12$274K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$76K
Management & general22%$22K
Total functional expensesLn 25$98K

Balance Sheet

Part X · end of year
CashLn 1$499K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.1M
Months of cash on handcomputed61.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses (Pt IX) $98K · Less non-cash grants $26K · Cash operating expenses/yr $72K
177.7 months
Where the money goes
Program services
Program services $76K · Total expenses $98K
78%
Management & General
Management & general $22K · Total expenses $98K
22%
Fundraising
Fundraising $0 · Total expenses $98K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $340K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $255K · Total revenue $274K
93%
Government reliance
Government grants — · Total revenue $274K
Earned-income share
Program service revenue $0 · Total revenue $274K
0%
Investment reliance
Investment income $18K · Total revenue $274K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $98K
0%
Growth & trend
Revenue growth (YoY)
This year $274K · Prior year $442K
-38%
Revenue CAGR
FY2020 $143K · FY2024 $274K
+18%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year $811K
+31%
Balance sheet
Surplus Margin
Revenue $274K · Expenses $98K
+64%
Liabilities-to-Assets
Total liabilities $0 · Total assets $1.1M
0%
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $567K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
53%
People & payroll
Highest Reported Total Compensation
Individual Dipika Aggarwal · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $98K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $98K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Fundraising cost ratio 0%
Revenue growth -38%
Investment management fee ratio 0.01%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 6 grants · $184K · 2023–2024
Ability KcMO · FY2024$31,400
Spaulding RehabilitationFY2024$25,000
Shirley Ryan AbilitylabFY2024$15,000
Ability KcMO · FY2023$47,500
Craig Hospital FoundationCO · FY2023$35,000
Shirley Ryan AbilitylabIL · FY2023$30,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$274K revenue · viewing · ⤓ 990 PDF
FY2024$442K revenue · ⤓ 990 PDF
FY2023$130K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$143K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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