Forward Cities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,557,756 | 1,628,897 | −71,141 | 17.0 | 29% |
| 2012 | 1,252,811 | 1,888,019 | −635,208 | 10.6 | 33% |
| 2013 | 969,054 | 1,127,251 | −158,197 | 14.7 | 40% |
| 2014 | 650,143 | 2,016,680 | −1,366,537 | 0.1 | 20% |
| 2015 | 904,671 | 899,690 | 4,981 | 0.3 | 41% |
| 2016 | 663,887 | 716,174 | −52,287 | -0.5 | 53% |
| 2017 | 912,753 | 759,127 | 153,626 | 2.0 | 19% |
| 2018 | 1,431,165 | 1,098,179 | 332,986 | 5.0 | 35% |
| 2019 | 2,778,625 | 2,364,766 | 413,859 | 5.0 | 59% |
| 2020 | 2,482,768 | 2,683,130 | −200,362 | 3.5 | 60% |
| 2021 | 2,460,187 | 2,092,074 | 368,113 | 6.6 | 63% |
| 2022 | 1,860,427 | 2,254,056 | −393,629 | 4.2 | 52% |
| 2023 | 1,072,854 | 1,560,386 | −487,532 | 2.3 | 44% |
In its most recent public year (2023), this organization spent $487,532 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 17 in 2011. Staff pay was 44% of spending. $293,054 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Forward Cities Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works