2025-08-29T18:13:01-05:00 2024-12-31 561304727 BLACKMAN & SLOOP ADVISORS INC 1414 RALEIGH ROAD SUITE 300 CHAPEL HILL NC 27517 990 2024-01-01 134302280 FORWARD CITIES INC FORW 9109284480 PO BOX 2008 DURHAM NC 27702 DIAMONTE WALKER CEO 9109284480 2025-08-19 1 1 DEETRA B WATSON P00534544 9199428700 2024 2025-03-06 01:10:19Z DIAMONTE WALKER PO BOX 2008 DURHAM NC 27702 1726446 0 X HTTPS://FORWARDCITIES.ORG/ X 2005 NC TO EQUIP COMMUNITY LEADERS, CATALYZE NARRATIVE CHANGE, AND MEASURE PROGRESS OVER TIME, LEVERAGING FIRST-HAND ECOSYSTEM BUILDING EXPERIENCES ACROSS THE NATION. 6 6 9 6 0 0 1020459 1723419 50500 0 0 0 1895 3027 1072854 1726446 196802 174284 0 0 859989 576261 0 0 19360 503595 695339 1560386 1445884 -487532 280562 303010 583572 0 0 303010 583572 X TO EQUIP COMMUNITY LEADERS, CATALYZE NARRATIVE CHANGE, AND MEASURE PROGRESS OVER TIME, LEVERAGING FIRST-HAND ECOSYSTEM BUILDING EXPERIENCES ACROSS THE NATION. 0 0 439919 168434 E3 DURHAM COUNTY AWARD-AS THE SBA NAVIGATOR PROGRAM AND PILOT FUNDING ENDED IN NOVEMBER 2023, THE DURHAM COUNTY ARPA GRANT AWARD IS AN OPPORTUNITY TO LEVERAGE THE SBA'S INVESTMENT IN DURHAM COUNTY AND BUILD ON E3 DURHAM'S MOMENTUM. RECOGNIZING THE TREMENDOUS VALUE OF THE MANY DEDICATED AREA BUSINESS SUPPORT ORGANIZATIONS AND SERVICE PROVIDERS WHO WORK TIRELESSLY TO EQUIP DURHAM COUNTY BUSINESS OWNERS, THIS PROGRAM EARMARKS NEARLY 50% PROGRAMMATIC FUNDING AS PASS THROUGH TO 1) ENROLLED ENTREPRENEURS TO REDUCE THE COST OF DOING BUSINESS AND 2) SERVICE PROVIDERS TO ENGAGE THEIR EXPERTISE AND INCREASE THEIR ABILITY TO EFFECTIVELY AND SUSTAINABLY SERVE THE COMMUNITY.COMBINED WITH THE EXISTING STRENGTHS OF THE NAVIGATION MODEL, THESE EFFORTS WILL ALLOW US TO BETTER UNDERSTAND ENTREPRENEURS' NEEDS; PRIORITIZE NEEDS BY STAGE, SIZE, SECTOR, AND DEMOGRAPHICS; CONTINUE TO GROW CAPITAL READINESS AND CONNECTIONS; AND ENGAGE A BROADER SET OF SUPPORT ORGANIZATIONS AND SERVICE PROVIDERS TO LEVEL-UP SUPPORT FOR ENTREPRENEURS WHO NEED IT MOST. 301366 4000 THE BLACK WALL STREET FORWARD PILOT PROGRAM LAUNCHED IN 2022 AND WAS MODELED ON THE PILLARS THAT MADE DURHAM'S ORIGINAL BLACK WALL STREET SUCCESSFUL, WITH THE GOAL OF CONTINUING THE LEGACY OF CATALYZING BLACK BUSINESS OWNERS AND CHAMPIONS. THE TRANSFORMATIVE PROGRAM ENGAGED FIVE COMMUNITIES THROUGHOUT THE STATE OF NORTH CAROLINA IN A COHORT-BASED LEARNING JOURNEY TO EXPLORE THE PAST AND PRESENT OF BLACK ENTREPRENEURSHIP IN THOSE COMMUNITIES AND TO TAKE COLLABORATIVE ACTION TO BUILD A BETTER COLLECTIVE FUTURE. 140865 TULSA ECOSYSTEM- FORWARD CITIES PARTNERED WITH BUILD IN TULSA TO CREATE A COMPREHENSIVE DATA FRAMEWORK FOR ACCELERATOR AND ENTREPRENEURSHIP-SUPPORT PROGRAM IMPROVEMENT. BUILD IN TULSA PROVIDES ENTREPRENEURS WITH A NETWORK OF ACCELERATORS, MENTORING, EDUCATION, NETWORKING, AND DIRECT FINANCIAL ASSISTANCE TO BUILD COMMUNITY AND STRATEGIC PARTNERSHIPS. 148202 1850 148202 1850 1030352 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X KASEM MOHSEN 9199284480 PO BOX 2008 DURHAM NC 27702 DEMETRA BROWN MEMBER 5.00 X 0 0 0 CHRISTINA CAIN MEMBER 5.00 X 0 0 0 LAUREN PAUL MEMBER 5.00 X 0 0 0 TREVOR SMITH MEMBER 5.00 X 0 0 0 PETE CARLSON BOARD CHAIR 10.00 X X 0 0 0 ADRIAN SMITH TREASURER 10.00 X X 0 0 0 C FAY HORWITT PRESIDENT AND CEO 40.00 X 147171 0 8570 147171 0 8570 1 0 0 0 0 731718 991701 1723419 OTHER INCOME 561499 3027 3027 3027 1726446 0 0 3027 174284 174284 155741 107444 48297 318018 219398 98620 7016 4840 2176 59653 39686 19967 35833 24785 11048 10 10 35496 35496 30395 30395 45260 45247 13 30051 20445 9606 69486 14306 43147 12033 17611 9635 662 7314 49715 49190 525 4488 4488 SUBCONTRACTORS 228395 142400 85995 PROGRAM EXPENSES 170788 170788 ENTREPRENEUR & ESO SURV 6372 6372 MISCELLANEOUS 5740 5740 1532 1532 1445884 1030352 396172 19360 303010 583572 303010 583572 0 0 X 9956 257707 293054 325865 303010 583572 303010 583572 280562 0 X X 0 1 X 1 0 X 1787331 2031828 1673950 1020459 1723419 8236987 1787331 2031828 1673950 1020459 1723419 8236987 3923648 4313339 1895 3027 4922 8241909 236977 0.52330 0.47180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1726446 0 1726446 0 1726446 1445884 0 1445884 0 1445884 1 NORTH CAROLINA CENTRAL UNIVERSITY SCHOOL OF BUSINESS 1801 FAYETTEVILLE STREET DURHAM NC 27707 566000730 501(C)(3) 12500 0 ARPA DURHAM TECHNICAL COMMUNITY COLLEGE 1637 E LAWSON STREET DURHAM NC 27703 560792513 501(C)(3) 16500 0 ARPA ECHO 506 RAMSEUR ST SUITE 1 DURHAM NC 27701 474482327 11500 0 ARPA INFINITY BRIDGES 8311 BRIER CREEK PKWY STE 105-271 RALEIGH NC 27617 831897412 19000 0 ARPA KNOX ST STUDIOSAB COMMUNITY 1307 W KNOX STREET DURHAM NC 27705 831354743 6145 0 ARPA PROVIDENT1898 411 W CHAPEL HILL STREET SUITE C2 DURHAM NC 27701 611920240 10250 0 ARPA 2 4 PART I, LINE 2: COMMUNITY NAVIGATOR SPOKE/ARPA ARE ALL SPOKE PAYMENTS AS PART OF THE SBA COMMUNITY NAVIGATOR PILOT PROGRAM (CNPP) HUB AND SPOKE MODEL, OF WHICH FORWARD CITIES FUNCTIONS AS THE HUB. THESE ARE PASSTHROUGH PAYMENTS MANAGED BY FORWARD CITIES ON BEHALF OF THE SBA PROGRAM TO OUR PARTNER ORGANIZATIONS IN THE DURHAM COMMUNITY. THIS PROGRAM PROVIDES EDUCATIONAL PROGRAMS, NAVIGATION RESOURCES AND CONVENING EVENTS FOR LOCAL ENTREPRENEURS TO IMPROVE THEIR ACCESS TO SKILLS, TECHNICAL ASSISTANCE AND CAPITAL. 0 0 0 0 0 0 0 0 0 C FAY HORWITT PRESIDENT AND CEO 147171 0 0 0 0 0 0 0 8570 0 155741 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT/CEO AND MANAGER OF FINANCE REVIEW THE DRAFT FORM 990. THEN EMAIL THE DRAFT RETURN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THEIR QUESTIONS OR COMMENTS ARE DIRECTED BACK TO THE PRESIDENT/CEO AND MANAGER OF FINANCE AND THE RETURN IS FINALIZED WITH ANY REVISIONS. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL FULL DISCLOSURE, IN WRITING, OF ALL POTENTIAL CONFLICTS OF INTERESTED PARTIES TO THE ORGANIZATION. ALL POTENTIAL CONFLICTS OF INTEREST REPORTED TO THE BOARD ARE REVIEWED AND VOTED ON AS TO WHETHER ANY FURTHER ACTION IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15A OFFICER SALARY IS INCLUDED IN THE BUDGET APPROVAL PROCESS AND REFLECTED IN THE EMPLOYMENT AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C FINANCE AND AUDIT COMMITTEE TAKES FULL RESPONSIBILITY FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS. BOARD OF DIRECTORS ANNUALLY ENGAGES AUDIT FIRM TO PERFORM THE AUDIT OF THE FINANCIAL STATEMENTS.