Business Forward Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 343,500 | 266,362 | 77,138 | 3.5 | 0% |
| 2014 | 325,000 | 389,065 | −64,065 | 0.4 | 77% |
| 2015 | 130,000 | 74,994 | 55,006 | 10.9 | 48% |
| 2016 | 30,000 | 41,073 | −11,073 | 16.7 | 37% |
| 2017 | 710,250 | 654,436 | 55,814 | 2.1 | 64% |
| 2018 | 1,270,423 | 1,007,966 | 262,457 | 4.5 | 51% |
| 2019 | 1,033,000 | 1,274,225 | −241,225 | 1.3 | 41% |
| 2020 | 1,105,569 | 960,505 | 145,064 | 3.5 | 53% |
| 2021 | 1,500,000 | 973,555 | 526,445 | 9.8 | 65% |
| 2022 | 886,512 | 849,106 | 37,406 | 11.8 | 68% |
| 2023 | 473,739 | 761,516 | −287,777 | 8.6 | 61% |
In its most recent public year (2023), this organization spent $287,777 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 3.5 in 2013. Staff pay was 61% 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
Business Forward Foundation'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