FORGOTTEN FOUNDERS INC

EIN: 263936064 501(c)(3)

NORWICH, CT

Total Revenue
$4
Total Expenses
$12,390
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CT
Principal Officer
CHARLES DALY
Phone
8608893825
Tax Period
2022-01-01 to 2022-12-31

FORGOTTEN FOUNDERS INC, founded in 2008, is a micro nonprofit that reported $4 in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year. Expenses of $12K exceeded revenue, resulting in a 309650% operating deficit.

Mission

THE ORGANIZATION WAS FORMED TO PRESERVE ANS MAINTAIN A REPOSITORY OF OFFICIAL DOCUMENTS AND INFORMATION OF THE FOURTEEN MEN WHO SERVED AS PRESIDENT OF THE CONTINENTAL CONGRESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $4

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,765
Other Expenses $12,390
TOTAL EXPENSES $12,390

Year-over-Year Comparison

2022 2021 Change
Revenue $4 $5 -0.2%
Expenses $12,390 $63 +195.7%
Net Income $-12,386 $-58 +212.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES DALY ASSIST. SECR N/A
Officer
$0 $0 $0
PETER W MANERI JR TREASURER N/A
Officer
$0 $0 $0
WILLIAM A STANLEY PRESIDENT N/A
Officer
$0 $0 $0
PATRICIA WILLIAMS SECRETARY N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $4 $12,390 No data $-12,386
2021 $5 $63 $62,412 $-58
2020 $9 $16 $62,470 $-7
2019 $10 $914 $62,477 $-904
2018 $10 $1,599 $63,009 $-1,589
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