Overview

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Est.

2012

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

FORTYX80 INC is a nonprofit organization focused on urban development with a mission to catapult the growth of entrepreneurs across Southwestern Pennsylvania. For the filing year 2024, the organization operates with a budget of $631.1K and reported total revenue of $522.1K, relying on multiple large funders without any single source contributing 50% or more of its revenue. More information can be found on their website at www.fortyx80.org.

Mission Statement

TO CATAPULT THE GROWTH OF ENTREPRENEURS ACROSS SOUTHWESTERN PENNSYLVANIA.
Revenues
$522.1K
Expenses
$631.1K
Net Income:
-$109.1K
Assets
$528.5K
Liabilities
$259.9K
Net Assets:
+$268.7K
Operating Budget
$631.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$20.5K
Largest grant received
$27.5K
A
Audrey Russo
Board Member
J
John Friel
Board Member
M
Mark Kurtzrock
Board Member

Frequently Asked Questions

What is FORTYX80 INC’s budget?
In 2024, FORTYX80 INC reported an annual operating budget of around $631 thousand. More detailed financial information is available to registered users.
What causes does FORTYX80 INC support?
FORTYX80 INC supports work in Urban development.
Where does FORTYX80 INC operate?
FORTYX80 INC is headquartered in PITTSBURGH, PA.
Who funded FORTYX80 INC recently?
In 2024, FORTYX80 INC received grants from NATIONAL CENTER FOR WOMEN AND INFORMATION TECHNOLOGY, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FORTYX80 INC received in 2024?
The largest grant to FORTYX80 INC in 2024 exceeds $28 thousand.
What is FORTYX80 INC’s reliance on government grants?
FORTYX80 INC relied on government grants for more than 10% of their total revenue in 2024.