Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
23 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides affordable housing and services for elderly individuals.
Questions for Founders Forest INC
Your first name shows with your question. Founders Forest INC answers here, for everyone.
The corporation provides housing facilities and services specially designed to meet the needs of elderly persons. The corporation provides housing and services to approximately 100 persons.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-1185224) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.4M | $3.9M |
| Land, buildings, equipmentLn 10c | $5.1M | $4.8M |
| Total assetsLn 16 | $12.3M | $12.9M |
| LiabilitiesLn 26 | $9.5M | $9.9M |
| Net assetsLn 32 | $2.8M | $3.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $597K | $280K | $317K | |
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $27K | $27K | ||
| Other fees for servicesLn 11g | $50K | $29K | $21K | $0 |
| Advertising and promotionLn 12 | $21K | $21K | ||
| Office expensesLn 13 | $59K | $12K | $47K | |
| Information technologyLn 14 | $25K | $25K | ||
| OccupancyLn 16 | $123K | $116K | $7K | |
| TravelLn 17 | $5K | $4K | $2K | |
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $605K | $605K | ||
| InsuranceLn 23 | $36K | $36K | ||
| Other expenses (24a–d)Ln 24 | $140K | $122K | $18K | |
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $1.7M | $1.2M | $488K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 3, 2026 | $1.9M | $1.7M | $223K | $3.0M | 990 PDF |
| FY2024Filed with the IRS Aug 6, 2025 | $1.9M | $1.6M | $287K | $2.8M | 990 PDF |
| FY2023Filed with the IRS Jul 17, 2024 | $1.7M | $1.5M | $128K | $2.5M | 990 PDF |
| FY2022Filed with the IRS Aug 11, 2023 | $1.5M | $1.5M | −$25K | $2.4M | 990 PDF |
| FY2021Filed with the IRS Aug 11, 2022 | $1.5M | $1.5M | $22K | $2.4M | 990 PDF |
| FY2020Filed with the IRS Aug 9, 2021 | $1.4M | $1.4M | −$11K | $2.4M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $1,915,815 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 1 to look at
Part VIII · Statement of revenue $1,915,815 across 5 lines filed
Part IX · Statement of functional expenses $1,692,348 across 14 lines filed
Part X · Balance sheet $12,886,718 assets, 15 lines filed
Part XI · Reconciliation of net assets $3,023,579 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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