Forward Change
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 501,829 | 140,890 | 360,939 | 30.7 | 75% |
| 2019 | 303,040 | 438,676 | −135,636 | 6.2 | 60% |
| 2020 | 429,650 | 353,449 | 76,201 | 10.5 | 66% |
| 2021 | 928,987 | 564,999 | 363,988 | 14.3 | 69% |
| 2022 | 1,307,271 | 787,096 | 520,175 | 18.2 | 77% |
| 2023 | 421,594 | 1,283,642 | −862,048 | 3.6 | 41% |
In its most recent public year (2023), this organization spent $862,048 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 30.7 in 2018. Staff pay was 41% 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
Forward Change'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