Forming Lives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 102,618 | 88,543 | 14,075 | 2.3 | — |
| 2019 | 369,812 | 228,174 | 141,638 | 8.5 | 0% |
| 2020 | 469,154 | 337,041 | 132,113 | 10.4 | 0% |
| 2021 | 639,973 | 863,126 | −223,153 | 1.0 | 0% |
| 2022 | 1,203,695 | 1,105,297 | 98,398 | 1.8 | 0% |
| 2023 | 382,040 | 529,022 | −146,982 | 0.3 | 10% |
In its most recent public year (2023), this organization spent $146,982 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 2.3 in 2018. Staff pay was 10% 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
Forming Lives Inc'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