Bioforward Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,222,832 | $1,085,858 | $136,974 | 5.9 | 41% |
| 2021 | $1,337,559 | $987,502 | $350,057 | 10.7 | 48% |
| 2022 | $1,412,017 | $1,148,653 | $263,364 | 12.0 | 48% |
| 2023 | $1,476,872 | $1,388,354 | $88,518 | 10.7 | 45% |
| 2024 | $1,435,103 | $1,579,839 | −$144,736 | 8.3 | 47% |
In its most recent public year (2024), this organization spent $144,736 more than it brought in. Its reserves stood at about 8.3 months of spending, up from 5.9 in 2020. Staff pay was 47% 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 2024. 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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