Nonprofit · EIN 88-3796632
FORWARD MEMPHIS
Tax-exempt · MEMPHIS, TN 38111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $586,147 | $504,602 | $81,545 | $542,221 | $2,105 | $540,116 |
| December 31, 2024 | 990 | $615,326 | $430,384 | $184,942 | $464,303 | $5,732 | $458,571 |
| December 31, 2023 | 990 | $611,937 | $363,844 | $248,093 | $276,031 | $2,402 | $273,629 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $455,790
- Program service revenue
- $117,660
- Investment income
- $12,697
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,577
- Compensation of officers, directors and key employees
- $131,192
- Other salaries and wages
- $159,396
- Salaries, compensation and benefits (total)
- $352,895
- Professional fundraising fees
- $0
- Accounting fees
- $16,047
- Travel
- $2,394
- Depreciation
- $173
- Program services (functional)
- $285,819
- Management and general (functional)
- $140,891
- Fundraising (functional)
- $77,892
Balance sheet and other
- Total assets, start of year
- $464,303
- Total assets, end of year
- $542,221
- Total liabilities, end of year
- $2,105
- Net assets, end of year
- $540,116
- Land, buildings and equipment
- $402
- Net assets without donor restrictions
- $491,204
- Net assets with donor restrictions
- $48,912
- Gross receipts
- $586,147
- Employees
- 7
- Year formed
- 2022
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRAVIS MOODY | EXECUTIVE DIRECTOR-CEO Trustee or director, Highest-paid employee | 40 | $131,192 |
| EPHIE JOHNSON | CHAIRPERSON Trustee or director, Officer | 1.5 | $0 |
| STEPHANIE JONES | BOARD MEMBER Trustee or director | 1.5 | $0 |
| DARIN JOHNSON | BOARD MEMBER Trustee or director | 1.5 | $0 |
| DAVID LENOIR | BOARD MEMBER Trustee or director | 1.5 | $0 |
| STEVEN BROWN | BOARD TREASURER Trustee or director, Officer | 1.5 | $0 |
| ERIN BLEDSOE | BOARD SECRETARY Trustee or director, Officer | 1.5 | $0 |
| EVAN COLLINS | BOARD MEMBER Trustee or director | 1.5 | $0 |
| JERRY CORLESS | BOARD MEMBER Trustee or director | 1.5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Moody | Executive Director - CEO Highest-paid employee | 1.5 | $130,000 |
| Jerry Corless | Board Member Trustee or director | 1.5 | $0 |
| Stephanie Jones | Board Member Trustee or director | 1.5 | $0 |
| Darin Johnson | Board Member Trustee or director | 1.5 | $0 |
| David Lenoir | Board Member Trustee or director | 1.5 | $0 |
| Ephie Johnson | Board Chairperson Officer | 1.5 | $0 |
| Steven Brown | Board Treasurer Officer | 1.5 | $0 |
| Erin Bledsoe | Board Secretary Officer | 1.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRAVIS MOODY | CHIEF EXECUTIVE OFFICER Highest-paid employee | 40 | $108,000 |
| EPHIE JOHNSON | BOARD PRESIDENT Trustee or director, Officer | – | $0 |
| STEVEN BROWN | BOARD TREASURER Trustee or director, Officer | – | $0 |
| ERIN BLEDSOE | BOARD SECRETARY Trustee or director, Officer | – | $0 |
| JERRY CORLESS | BOARD MEMBER Trustee or director | – | $0 |
| DARIN JOHNSON | BOARD MEMBER Trustee or director | – | $0 |
| STEPHANIE JONES | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 255 N HIGHLAND ST, MEMPHIS, TN 38111-4745
- In care of
- % TRAVIS MOODY
- Signed the 990
- TRAVIS MOODY, DIRECTOR CEO
- Phone
- (901) 290-8035
- Website
- forwardmemphis.com
Mission
Forward Memphis provides responsible lending opportunities and financial empowerment resources to underserved individuals and families in the Memphis community in order to reduce reliance on predatory lending practices and promoting long-term financial stability.
Program accomplishments
- Provided access to responsible small-dollar loans and financial assistance programs for underserved individuals and families in the Memphis community who may otherwise rely on high-interest or predatory lending sources. The organization worked to improve financial stability by offering affordable lending alternatives, financial guidance, and support services designed to help clients address emergency expenses, avoid excessive debt burdens, and build healthier financial outcomes. Services supported community members facing housing, transportation, utility, and other essential living expense challenges.Expenses $285,819
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-3796632
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $542,221
- Income (IRS master file)
- $586,147
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $586,147 | $504,602 | $542,221 | XML |
| 990 | December 2024 | $615,326 | $430,384 | $464,303 | XML |
| 990 | December 2023 | $611,937 | $363,844 | $276,031 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-3796632).
Questions about FORWARD MEMPHIS
- What is the EIN of FORWARD MEMPHIS?
- The employer identification number (EIN) of FORWARD MEMPHIS is 88-3796632.
- Is FORWARD MEMPHIS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FORWARD MEMPHIS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORWARD MEMPHIS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FORWARD MEMPHIS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FORWARD MEMPHIS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of FORWARD MEMPHIS?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $131,192 (TRAVIS MOODY, EXECUTIVE DIRECTOR-CEO).
- How much revenue does FORWARD MEMPHIS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $586,147, expenses of $504,602 and total assets of $542,221 at year end.
Other nonprofits in MEMPHIS
- ORPHEUM THEATRE GROUP EIN 62-0983983 · last filed 990 for 2025
- MEMPHIS RIVER PARKS PARTNERSHIP INC EIN 62-1811726 · last filed 990 for 2025
- BIG WE EIN 83-2421711 · last filed 990 for 2025
- MDCDC INC EIN 81-0729268 · last filed 990 for 2025
- HICKORY RIDGE MALL CD CORPORATION EIN 27-2018242 · last filed 990 for 2024
- VIBRANT MEMPHIS INC EIN 82-0904035 · last filed 990 for 2024
- RIVER CITY CAPITAL INVESTMENT CORP EIN 27-3941432 · last filed 990 for 2025
- PCAMS HOLDINGS EIN 82-2224570 · last filed 990 for 2025
All nonprofits in MEMPHIS · Tennessee · Community improvement and capacity building