Forest City Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 356,378 | 127,984 | 228,394 | 63.2 | 25% |
| 2012 | 237,281 | 167,655 | 69,626 | 53.5 | 23% |
| 2013 | 618,417 | 217,937 | 400,480 | 63.5 | 20% |
| 2014 | 444,546 | 256,682 | 187,864 | 60.4 | 14% |
| 2015 | 219,736 | 219,890 | −154 | 69.8 | 9% |
| 2016 | 353,171 | 329,934 | 23,237 | 48.9 | 9% |
| 2017 | 616,376 | 352,735 | 263,641 | 58.5 | 10% |
| 2018 | 459,022 | 389,853 | 69,169 | 56.6 | 10% |
| 2019 | 663,550 | 423,325 | 240,225 | 55.9 | 9% |
| 2020 | 476,134 | 374,066 | 102,068 | 66.0 | 10% |
| 2021 | 1,043,893 | 411,852 | 632,041 | 92.0 | 8% |
| 2022 | 684,990 | 481,839 | 203,151 | 70.5 | 9% |
| 2023 | 520,436 | 522,538 | −2,102 | 70.1 | 9% |
| 2024 | 730,718 | 641,678 | 89,040 | 64.0 | 7% |
In its most recent public year (2024), this organization brought in $89,040 more than it spent. Its reserves stood at about 64 months of spending. Staff pay was 7% of spending. $2,848,459 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 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
Forest City Education Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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