See Forward Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,145,125 | 1,550,730 | −405,605 | 10.5 | 1% |
| 2021 | 594,147 | 1,253,807 | −659,660 | 5.1 | 0% |
| 2022 | 93,724 | 556,548 | −462,824 | 1.7 | 2% |
In its most recent public year (2022), this organization spent $462,824 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 10.5 in 2020. Staff pay was 2% of spending. $4,888 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 2022. 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
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