Forward Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 183,000 | 627,629 | −444,629 | 37.0 | 0% |
| 2022 | 220,944 | 433,461 | −212,517 | 47.6 | 0% |
| 2023 | 407,249 | 335,824 | 71,425 | 64.0 | 0% |
In its most recent public year (2023), this organization brought in $71,425 more than it spent. Its reserves stood at about 64 months of spending, up from 37 in 2021. Staff pay was 0% of spending. $1,181,810 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
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