Founding Forward
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 366,293 | 438,026 | −71,733 | 59.8 | 0% |
| 2020 | 2,356,123 | 2,101,090 | 255,033 | 85.1 | 0% |
| 2021 | 3,492,460 | 2,298,256 | 1,194,204 | 96.2 | 0% |
| 2022 | 6,453,189 | 2,744,292 | 3,708,897 | 85.4 | 18% |
| 2023 | 5,889,912 | 3,755,905 | 2,134,007 | 72.4 | 20% |
In its most recent public year (2023), this organization brought in $2,134,007 more than it spent. Its reserves stood at about 72.4 months of spending, up from 59.8 in 2019. Staff pay was 20% of spending. $15,026,327 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
Founding Forward'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