Forever Maryland Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 847,170 | 426,177 | 420,993 | 12.1 | 24% |
| 2021 | 833,052 | 573,520 | 259,532 | 14.5 | 37% |
| 2022 | 453,593 | 687,008 | −233,415 | 8.0 | 47% |
| 2023 | 188,306 | 526,624 | −338,318 | 2.7 | 57% |
In its most recent public year (2023), this organization spent $338,318 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 12.1 in 2020. Staff pay was 57% of spending.
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
Forever Maryland Foundation 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