STRATEGY STUDIO / PUBLIC DATA EXPLORER

FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATED (EIN 04-3565713)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-09
IRS object ID
202411309349202901
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-09T13:17:43-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043565713EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORESIGHT DEVELOPMENT INTERNATIONAL INCORPORATEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFOREBusinessNameControlTxt
Phone7812753580PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 Daniels DriveAddressLine1Txt
CityBedfordCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01730ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn RatichekPersonNm
Person TitlePresidentPersonTitleTxt
Phone7812754335PhoneNum
Signature2024-05-09SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohnPersonFirstNm
Person LastRatichekPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB0LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website Addressforesightdevelopment.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$117,771GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$117,764ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$7OtherRevenueTotalAmt
Total Revenue$117,771TotalRevenueAmt
Grants And Similar Amounts Paid$61,793GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$32,337SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$3,125FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$583OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$1,604PrintingPublicationsPostageAmt
Other Expenses Total$19,161OtherExpensesTotalAmt
Total Expenses$118,603TotalExpensesAmt
Excess Or Deficit For Year-$832ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$75,700NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$74,868NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$75,700BOYAmt
EOY$72,088EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,780EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$75,700BOYAmt
EOY$74,868EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$75,700BOYAmt
EOY$74,868EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeEngage in charitable activities in less developed countries, especially Nepal, for the advancement of education, economic and social development, and Christian institutions. Particular activities include the development of a school and sponsoring and mentoring young adults.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
National Bethel Academy is a school founded in 2008 in the town of Trishuli, Nepal by a team of local church leaders and Foresight staff. The school is intentionally different from traditional Nepali schools as it emphasizes thinking, creative teaching, individual student attention, and respect for individual differences in contrast to the traditional teaching method of mere memorization. The school has approximately 330 students in grades Nursery through 10. Class 10 students have all successfully passed the 10th grade national Secondary Education Examination. Foresight support has been for both educational and managerial development, and for financial needs. Educational and managerial support have included in-person training and both remote and in-person counsel. Financial support has covered the operating deficit and the construction of a new classroom building.$33,540$0
Over the past 13 years, Foresight has sponsored and guided a group of 20 Nepali young adults who formerly lived in prison with a parent. These young adults were supported financially for their full school and living expenses, and have been mentored individually (in-person and remotely) as they completed secondary and tertiary education. All of these young adults have completed their bachelor degrees and all have taken jobs following their secondary education. In 2023, three of these graduates were provided funding for additional education.$1,500$0
One student was provided with medical school fees and living expenses.$13,603$0
A school in Kathmandu, Nepal was provided with funds to buy classroom furniture.$12,000$0
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
John Ratichek
President25$30,000$0$0
Stephen Hamilton
Clerk and Director2$0$0$0
David Monaghan
Director8$0$0$0
Ellen Ratichek
Director25$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lighthouse ComputingBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 Pelham StreetAddressLine1Txt
CityMethuenCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01844ZIPCd
FieldValueIRS element (for citing)
Phone6097091280PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$267,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$227,764CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$265,516CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$173,599CurrentTaxYearMinus1YearAmt
Current Tax Year$117,764CurrentTaxYearAmt
Total$1,052,379TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$267,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$227,764CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$265,516CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$173,599CurrentTaxYearMinus1YearAmt
Current Tax Year$117,764CurrentTaxYearAmt
Total$1,052,379TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$76,158CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,750CurrentTaxYearMinus1YearAmt
Current Tax Year$26,900CurrentTaxYearAmt
Total$206,308TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$76,158CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,750CurrentTaxYearMinus1YearAmt
Current Tax Year$26,900CurrentTaxYearAmt
Total$206,308TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$846,071PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$524CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5CurrentTaxYearMinus1YearAmt
Current Tax Year$7CurrentTaxYearAmt
Total$586TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$524CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5CurrentTaxYearMinus1YearAmt
Current Tax Year$7CurrentTaxYearAmt
Total$586TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$268,260CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$227,797CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$265,533CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$173,604CurrentTaxYearMinus1YearAmt
Current Tax Year$117,771CurrentTaxYearAmt
Total$1,052,965TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.80351PublicSupportCY509Pct
Public Support PY5090.80566PublicSupportPY509Pct
Investment Income CY0.00056InvestmentIncomeCYPct
Investment Income PY0.00057InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 8Bank interest of $6.94
Form 990-EZ, Part I, Line 10National Bethel Academy (supported school): $33,539.77 Support for Nepali students: 15,103.21 Assistance to other educational institutions and to a Nepali individual: $13,500
Form 990-EZ, Part I, Line 16Travel expenses: $18,676. Banking fees: $485
Form 990-EZ, Part II, Line 24Undeposited funds: $2,700, Fixed Assets: $80