Forward Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,030,017 | 2,247,771 | 782,246 | 182.7 | 0% |
| 2021 | 1,711,141 | 2,201,961 | −490,820 | 185.9 | 0% |
| 2022 | 830,155 | 3,249,642 | −2,419,487 | 100.4 | 0% |
| 2023 | 961,330 | 3,198,828 | −2,237,498 | 99.0 | 0% |
In its most recent public year (2023), this organization spent $2,237,498 more than it brought in. Its reserves stood at about 99 months of spending, down from 182.7 in 2020. 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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