Forge City Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,083,757 | 1,113,715 | −29,958 | 3.9 | 46% |
| 2012 | 1,363,538 | 1,288,866 | 74,672 | 4.1 | 47% |
| 2013 | 1,700,218 | 1,636,636 | 63,582 | 3.7 | 42% |
| 2014 | 1,775,816 | 1,920,664 | −144,848 | 2.2 | 42% |
| 2015 | 1,846,445 | 2,003,347 | −156,902 | 4.5 | 46% |
| 2016 | 2,075,909 | 2,078,829 | −2,920 | 4.3 | 44% |
| 2017 | 1,894,390 | 2,172,541 | −278,151 | 2.6 | 44% |
| 2018 | 2,364,783 | 2,075,145 | 289,638 | 4.4 | 42% |
| 2019 | 2,176,457 | 2,252,133 | −75,676 | 3.6 | 46% |
| 2020 | 1,585,007 | 1,729,659 | −144,652 | 3.7 | 51% |
| 2021 | 1,768,691 | 1,494,619 | 274,072 | 6.5 | 45% |
| 2022 | 2,286,703 | 1,872,447 | 414,256 | 7.9 | 42% |
| 2023 | 7,557,332 | 4,168,267 | 3,389,065 | 13.3 | 48% |
In its most recent public year (2023), this organization brought in $3,389,065 more than it spent. Its reserves stood at about 13.3 months of spending, up from 3.9 in 2011. Staff pay was 48% of spending. $3,551,439 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
Forge City Works'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