Forman Valley Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,537 | 29,847 | 42,690 | 888.3 | 0% |
| 2020 | 97,254 | 33,840 | 63,414 | 864.1 | 0% |
| 2021 | 116,272 | 136,665 | −20,393 | 225.8 | 0% |
| 2022 | 66,236 | 61,612 | 4,624 | 418.0 | 0% |
| 2023 | 102,535 | 139,123 | −36,588 | 202.0 | 0% |
In its most recent public year (2023), this organization spent $36,588 more than it brought in. Its reserves stood at about 202 months of spending, down from 888.3 in 2019. Staff pay was 0% 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
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