Forever Kings INC FY2022 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 2019Human ServicesEIN 84-2848713Revenue $321K in FY2022

On file with the IRSforeverkingsinc.org3270 North Bend Rd, 45239-7611 · Cincinnati, OHTax-exempt since Sep 2019Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

We exist to create a culture of brotherhood among young men of color while providing tools and resources that empowers them to redefine, reshape and reimagine the outcomes for thier lives.

501(c)(3) charity; gifts are tax-deductible.
47¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $15K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
47%
of spending
Concern: 47% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: -0.7 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $656K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
-0% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$321K
+49% vs prior year
Spent
$328K
To programs
47%
Net assets
−$18K
By yearFY2021–FY2025
Revenue
$321K
FY2022▲ +49%
Tap a bar for its year
Revenue by fiscal year
FY2021$216K
FY2022$321K
FY2023$394K
FY2024$747K
FY2025$714K
Expenses
$328K
FY2022▲ +39%
Tap a bar for its year
Expenses by fiscal year
FY2021$235K
FY2022$328K
FY2023$397K
FY2024$652K
FY2025$706K
Net assets
−$18K
FY2022▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2021−$19K
FY2022−$18K
FY2023$26K
FY2024$97K
FY2025$96K

From the FY2022 Form 990 (year ending June 2022) · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $153K Management & general 51% · $168K Fundraising 2% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jordan Bankston’s $78K as Presedent is at the 69th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021
Jordan Bankston$77,768$67,000$58,192$7,583

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Forever Kings INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Empowers young men of color for personal and professional success.

Questions for Forever Kings INC

Tap to ask. Forever Kings INC sees how many people are interested.

Your first name shows with your question. Forever Kings INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $153K · in their own filed words · FY2021
01

Site Based Mentoring program. 200 young men served.

$86Kprogram expense
02

Every Kings Succeeds

100 men served

$67Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 9 grants · $25K · 2023–2024
Unitemized GrantFY2024$9,500
Unitemized GrantFY2024$3,179
Unitemized GrantFY2024$3,000
Unitemized GrantFY2024$500
Unitemized GrantFY2023$5,000
Unitemized GrantFY2023$2,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$250

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$321K
Ln 12
Gifts and grantsLn 1h$306K
Fees for servicesLn 2g$15K
Money outPt IX
$328K
Ln 25
Programscol B$153K
Managementcol C$168K
Fundraisingcol D$7K
Owns and owesPt X
−$18K
net assets · Ln 32
Cash and savingsLn 1–2−$18K
Total assetsLn 16−$18K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$306K
Fees for servicesLn 2g$15K
Total revenueLn 12$321K
Assets in detailPt X, end of year
CashLn 1−$18K
Cash and savings togetherLn 1–2−$18K
Total assetsLn 16−$18K
LiabilitiesLn 26$0
Net assetsLn 32−$18K
OperationsPt I, VI
EmployeesI 57
VolunteersI 6200
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2−$12K−$18K
Total assetsLn 16−$12K−$18K
LiabilitiesLn 26$0$0
Net assetsLn 32−$12K−$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$382$382
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$110K$110K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$16K$16K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$814$814
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$16K$4K$12K
Information technologyLn 14$4K$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$4K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$136K$134K$2K
All other expensesLn 24e$20K$13K$8K
Total functional expensesLn 25$328K$153K$168K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $714K$706K$8K$96K 990 PDF
FY2024 $747K$652K$95K$97K 990 PDF
FY2023 $394K$397K−$3K$26K 990 PDF
FY2022 Viewing $321K$328K−$7K−$18K 990 PDF
FY2021 $216K$235K−$19K−$19K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $321,268 revenue, 12 lines filed
I-8 Contributions and grants$306,341
I-9 Program service revenue$14,927
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$321,268
I-13 Grants and similar amounts paid$382
I-14 Benefits paid to members$0
I-15 Salaries and benefits$131,664
I-16a Professional fundraising fees$814
I-17 Other expenses$195,250
I-18 Total expenses$328,110
I-19 Revenue less expenses−$6,842
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $321,268 across 4 lines filed
VIII-1f All other contributions, gifts and grants$306,341
VIII-1h Total contributions, gifts and grants$306,341
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$14,927
VIII-12 Total revenue$321,268
Part IX · Statement of functional expenses $328,110 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $382$382
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $110,309$110,309
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $5,348$5,348
IX-10 Payroll taxesManagement $16,007$16,007
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,530$1,530
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $814$814
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionFundraising $5,852$5,852
IX-13 Office expensesPrograms $3,569 · Management $12,274$15,843
IX-14 Information technologyPrograms $2,250 · Management $2,250$4,500
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $4,440$4,440
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $4,884$4,884
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,691$1,691
IX-24 Other expenses (24a–d)Programs $134,217 · Management $1,833$136,050
IX-24e All other expensesPrograms $12,831 · Management $7,629$20,460
IX-25 Total functional expensesPrograms $153,249 · Management $168,195 · Fundraising $6,666$328,110
Part X · Balance sheet −$18,407 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year −$11,565−$18,407
X-16 Total assetsStart of year −$11,565−$18,407
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$11,565−$18,407
X-33 Total liabilities and net assetsStart of year −$11,565−$18,407
Part XI · Reconciliation of net assets −$18,407 net assets at year end
XI-1 Total revenue$321,268
XI-2 Total expenses$328,110
XI-3 Revenue less expenses−$6,842
XI-4 Net assets at start of year−$11,565
XI-10 Net assets at end of year−$18,407

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.