Forever Bound Adoption
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 317,511 | 187,386 | 130,125 | 25.9 | 35% |
| 2021 | 280,468 | 206,939 | 73,529 | 27.7 | 36% |
| 2022 | 220,395 | 227,232 | −6,837 | 24.9 | 45% |
| 2023 | 194,590 | 199,035 | −4,445 | 28.1 | 46% |
In its most recent public year (2023), this organization spent $4,445 more than it brought in. Its reserves stood at about 28.1 months of spending, up from 25.9 in 2020. Staff pay was 46% 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
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