everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Forsyth Economic Ventures Inc

Winston Salem, NC / EIN 56-1831053 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011658,385780,938−122,55314.75%
2012657,294799,075−141,78128.35%
2013677,463805,201−127,73838.19%
2014763,846878,684−114,83833.48%
2015701,890940,475−238,58528.110%
2016752,396976,919−224,52324.314%
2017914,1761,150,097−235,92118.715%
20181,146,3111,459,722−313,41112.112%
20191,187,7131,310,464−122,75112.411%
20201,231,8831,368,248−136,36510.77%
20211,557,6191,267,137290,48214.35%
20221,405,1531,541,256−136,10310.74%
20231,666,6951,512,116154,57912.14%

In its most recent public year (2023), this organization brought in $154,579 more than it spent. Its reserves stood at about 12.1 months of spending, down from 14.7 in 2011. Staff pay was 4% of spending. $74,500 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 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

Follow this organization

A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works