Quest Forward Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 417,386 | −417,386 | -12.0 | 34% |
| 2018 | 206,882 | 2,224,095 | −2,017,213 | -11.7 | 36% |
| 2019 | 2,894,338 | 3,024,331 | −129,993 | -8.5 | 38% |
| 2020 | 486,749 | 3,603,971 | −3,117,222 | -17.5 | 47% |
| 2021 | 10,105,385 | 4,841,196 | 5,264,189 | 0.8 | 53% |
| 2022 | 7,624,976 | 5,554,588 | 2,070,388 | 5.2 | 7% |
| 2023 | 7,494,709 | 5,676,592 | 1,818,117 | 8.8 | 53% |
In its most recent public year (2023), this organization brought in $1,818,117 more than it spent. Its reserves stood at about 8.8 months of spending, up from -12 in 2017. Staff pay was 53% 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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