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FORKIDS INC

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Public IRS 990 nonprofit record

FORKIDS INC

EIN 54-1477799 · Housing & Shelter (L410)

What they do

WITH A MISSION of BREAKING THE CYCLE of HOMELESSNESS and POVERTY for FAMILIES and CHILDREN, FORKIDS (FORKIDS.ORG) PROVIDES COMPREHENSIVE CRISIS RESPONSE, SHELTER, HOUSING, ECONOMIC MOBILITY and EDUCATION PROGRAMS ACROSS HAMPTON ROADS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $85.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.36%of revenue went to mission work85.6% of expenses · Program services
5.39%of revenue went to fundraising4.7% of expenses
$114.84spent for every $100 of revenueSpending was higher than revenue this year.
11.09%of revenue went to management and office costs9.7% of expenses
$1.90in assets for every $1 spent this yearSome assets cannot be spent right away.
96.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,899,754 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $246,276 for THALER MCCORMICK (CORPORATE SECRETARY/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,800,691
Mission workProgram services$12,590,92998.36% of revenue85.6% of expenses
ManagementOffice and general costs$1,419,62311.09% of revenue9.7% of expenses
FundraisingAsking for donations$689,8935.39% of revenue4.7% of expenses
Total expenses$14,700,445114.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 85.6% mission · 9.7% management · 4.7% fundraisingTotal expenses: 114.84% of revenue
2023Expense mix: 87.6% mission · 9.1% management · 3.3% fundraisingTotal expenses: 105.58% of revenue
2022Expense mix: 86.8% mission · 9.3% management · 3.9% fundraisingTotal expenses: 98.71% of revenue
2021Expense mix: 89.3% mission · 4.5% management · 6.2% fundraisingTotal expenses: 95.29% of revenue
2020Expense mix: 87.7% mission · 5.9% management · 6.4% fundraisingTotal expenses: 89.46% of revenue
2019Expense mix: 82.6% mission · 8.1% management · 9.3% fundraisingTotal expenses: 61.88% of revenue
2018Expense mix: 83.0% mission · 6.9% management · 10.1% fundraisingTotal expenses: 47.40% of revenue
2017Expense mix: 82.2% mission · 6.8% management · 11.1% fundraisingTotal expenses: 57.21% of revenue

Money in and money out

Revenue$12,800,691
Expenses$14,700,445
Annual shortfall $1,899,754 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,590,929 · 85.6% of expenses
Management and office costs$1,419,623 · 9.7% of expenses
Fundraising$689,893 · 4.7% of expenses
See all reported dollar amounts
Revenue$12,800,691
Expenses$14,700,445
Assets$27,984,402
Income$14,586,094
Contributions$12,283,561
Mission work (program services)$12,590,929
Fundraising$689,893
Management and general$1,419,623
Executive compensation (total)$334,317
Stocks and bonds$4,331,673
Accounting fees$49,825
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
THALER MCCORMICKCORPORATE SECRETARY/CEO · 40 hrs/week $246,276Base $223,122 · Other $23,154
WILLIAM YOUNGCHIEF INNOVATION OFFICER · 40 hrs/week $170,011Base $155,925 · Other $14,086
SARAH JOHNSONCHIEF OPERATING OFFICER · 40 hrs/week $162,319Base $156,615 · Other $5,704
SHARHONDA WOODSCHIEF PEOPLE OFFICER · 40 hrs/week $147,994Base $129,402 · Other $18,592

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

THALER MCCORMICKCORPORATE SECRETARY/CEO

WILLIAM YOUNGCHIEF INNOVATION OFFICER

SARAH JOHNSONCHIEF OPERATING OFFICER

SHARHONDA WOODSCHIEF PEOPLE OFFICER

KATE CROSSDIRECTOR

TORAE ARTISDIRECTOR

SUSAN BATEMANDIRECTOR

STUART BIRKELDIRECTOR

ROBERT FINCHDIRECTOR

REV WILLIAM TYREEDIRECTOR

NITA JAINDIRECTOR

MIKE MELOSDIRECTOR

MICHAEL CUMMINGSDIRECTOR

LAURA CALVERTDIRECTOR

KYLA SHAWYERDIRECTOR

AMBER MILLERDIRECTOR

JILL BROOMEDIRECTOR

JENNI BIVINSDIRECTOR

JENN PFITZNERTREASURER

GYMAMA SLAUGHTERDIRECTOR

GEORGE FAATZDIRECTOR

DR MONIQUE FARRINGTONDIRECTOR

DR LD BRITTDIRECTOR

DESIREE JOHNSONDIRECTOR

DEBORAH POSEYDIRECTOR

CLINE REASORVICE CHAIR

CHARLES ED WHITE IIIDIRECTOR

CHAD OUTLAWDIRECTOR

BLYTHE ANN SCOTTCHAIRPERSON

ANDREW COHENDIRECTOR

About this charity

Recognized since
January 1989
Location
1001 POINDEXTER ST, CHESAPEAKE, VA 23324-2444
County
Chesapeake (city)
In care of
THALER MCCORMICK
Primary officer
THALER MCCORMICK, CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Emailinfo@forkidsva.org Phone(757) 622-6400

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
PBMARES LLP
NTEE classification
Housing & Shelter (L410)
IRS tax category
Temporary Shelters

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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