Forman Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,883 | 10,859 | 69,024 | 936.3 | 0% |
| 2012 | 65,004 | 2,867 | 62,137 | 3806.3 | 0% |
| 2013 | 86,922 | 10,760 | 76,162 | 1099.1 | 0% |
| 2014 | 117,674 | 7,388 | 110,286 | 1779.9 | 0% |
| 2015 | 112,753 | 34,582 | 78,171 | 407.4 | 0% |
| 2016 | 149,263 | 128,740 | 20,523 | 187.1 | 0% |
| 2017 | 133,551 | 179,783 | −46,232 | 131.0 | 0% |
| 2018 | 74,582 | 174,810 | −100,228 | 127.8 | 0% |
| 2019 | 145,017 | 176,497 | −31,480 | 124.4 | 0% |
| 2020 | 246,435 | 178,221 | 68,214 | 127.8 | 0% |
| 2021 | 245,853 | 200,690 | 45,163 | 116.2 | 0% |
| 2022 | 352,561 | 193,182 | 159,379 | 130.6 | 0% |
| 2023 | 223,009 | 188,040 | 34,969 | 136.4 | 0% |
In its most recent public year (2023), this organization brought in $34,969 more than it spent. Its reserves stood at about 136.4 months of spending, down from 936.3 in 2011. 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
Forman Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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