Forever Families Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,252,002 | 3,021,932 | 230,070 | 2.9 | 39% |
| 2021 | 3,267,031 | 2,992,066 | 274,965 | 4.1 | 35% |
| 2022 | 1,819,007 | 2,383,659 | −564,652 | 2.2 | 53% |
| 2023 | 1,725,659 | 2,160,329 | −434,670 | 1.7 | 68% |
In its most recent public year (2023), this organization spent $434,670 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 2.9 in 2020. Staff pay was 68% of spending. $50,214 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works