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Nonprofit · EIN 87-3227414

SPRINGFORWARD VENTURES INC

Tax-exempt · LAUREL, MD 20723

Financials

$307K$413K2023$395K$811K2024
Revenue Expenses · by fiscal year end
Financials of SPRINGFORWARD VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$395,037$810,839-$415,802$1,433,629$13,324$1,420,305
August 31, 2024990$306,847$412,748-$105,901$1,862,668$26,573$1,836,095
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$23,111
Program service revenue
$262,026
Investment income
$109,378
Other revenue
$522

Expenses

Grants and similar amounts paid
$1,000
Other salaries and wages
$76,151
Salaries, compensation and benefits (total)
$82,707
Professional fundraising fees
$0
Accounting fees
$3,224
Occupancy
$16,250
Depreciation
$744
Program services (functional)
$487,582
Management and general (functional)
$323,257

Balance sheet and other

Total assets, start of year
$1,862,668
Total assets, end of year
$1,433,629
Total liabilities, end of year
$13,324
Net assets, end of year
$1,420,305
Land, buildings and equipment
$4,896
Publicly traded securities
$9,510
Net assets without donor restrictions
$1,420,305
Gross receipts
$395,037
Employees
2
Volunteers
7
Year formed
2021
State of legal domicile
MD

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PIPER PHILLIPS CASWELLEXECUTIVE DIRECTOR
Officer
5$0$287,319$31,366
ANDREW PLATTCHAIRPERSON
Trustee or director, Officer
1$0$0$0
CAROL WELD KINGVICE CHAIRPERSON
Trustee or director, Officer
1$0$0$0
GEORGE NAPIERSECRETARY
Trustee or director, Officer
1$0$0$0
DAN IRVINETREASURER
Trustee or director, Officer
1$0$0$0
MARY AKINKUGBETRUSTEE
Trustee or director
1$0$0$0
ROB ARNALLTRUSTEE
Trustee or director
1$0$0$0
STEPHEN MASTENTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended August 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PIPER PHILLIPS CASWELLEXECUTIVE DIRECTOR
Officer
5$0$234,946$30,561
ANDREW PLATTCHAIRPERSON
Trustee or director, Officer
1$0$0$0
CAROL WELD KINGVICE CHAIRPERSON
Trustee or director, Officer
1$0$0$0
GEORGE NAPIERSECRETARY
Trustee or director, Officer
1$0$0$0
DAN IRVINETREASURER
Trustee or director, Officer
1$0$0$0
MARY AKINKUGBETRUSTEE
Trustee or director
1$0$0$0
ROB ARNALLTRUSTEE
Trustee or director
1$0$0$0
STEPHEN MASTENTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
8920 WHISKEY BOTTOM RD, LAUREL, MD 20723-1318
In care of
% PIPER PHILLIPS CASWELL
Mailing address (990-N for 2022)
8920 WHISKEY BOTTOM ROAD, LAUREL MD 20723
Principal officer (990 for 2024)
PIPER PHILLIPS CASWELL, 8920 WHISKEY BOTTOM ROAD, LAUREL, MD 20723
Principal officer (990-N for 2022)
ANDREW PLATT, 8920 WHISKEY BOTTOM ROAD, LAUREL MD 20723
Signed the 990
PIPER PHILLIPS CASWELL, EXECUTIVE DIRECTOR
Phone
(703) 941-8810
Return prepared by
CBIZ ADVISORS LLC

Mission

SPRINGFORWARD IS AN INCUBATOR FOR COMPANIES THAT USE THE EVERY EMPLOYEE BUSINESS FRAMEWORK. IT BUILDS COMPANIES IN EMERGING INDUSTRIES THAT ALIGN WITH A COMMUNITY NEED AND CONSIST OF EMPLOYEES WITH BEHAVIORAL HEALTH WELLNESS NEEDS.

990 for the year ended August 31, 2025

Program accomplishments

  • FOR 2025, SPRINGFORWARD FEEDS HAVE SERVED OVER 60,000 HEALTHY MEALS, INCLUDING BREAKFAST AND LUNCH, TO STUDENTS IN THE VIRGINIA AND MARYLAND LOCATIONS.
    Expenses $487,582 · grants $1,000 · revenue $262,026

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
87-3227414
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J30)
Assets (IRS master file)
$1,433,629
Income (IRS master file)
$395,037

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$395,037$810,839$1,433,629XML
990August 2024$306,847$412,748$1,862,668XML
990-N for 2022
Officer: ANDREW PLATT
August 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: ANDREW PLATT
August 31, 2022≤ $50,000 receipts––e-Postcard

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 87-3227414).

Questions about SPRINGFORWARD VENTURES INC

What is the EIN of SPRINGFORWARD VENTURES INC?
The employer identification number (EIN) of SPRINGFORWARD VENTURES INC is 87-3227414.
Is SPRINGFORWARD VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SPRINGFORWARD VENTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPRINGFORWARD VENTURES INC 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 SPRINGFORWARD VENTURES INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPRINGFORWARD VENTURES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of SPRINGFORWARD VENTURES INC?
The 990 for the year ended August 31, 2025 names PIPER PHILLIPS CASWELL.
Who are the officers and directors of SPRINGFORWARD VENTURES INC?
The 990 for the year ended August 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does SPRINGFORWARD VENTURES INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $395,037, expenses of $810,839 and total assets of $1,433,629 at year end.

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