Families Forward Charlotte Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 61,772 | 36,138 | 25,634 | 8.5 | — |
| 2018 | 38,050 | 24,936 | 13,114 | 18.6 | — |
| 2019 | 264,062 | 150,893 | 113,169 | 12.1 | 0% |
| 2020 | 333,572 | 246,200 | 87,372 | 11.7 | 2% |
| 2021 | 510,982 | 447,789 | 63,193 | 8.1 | 18% |
| 2022 | 851,352 | 723,295 | 128,057 | 7.1 | 36% |
| 2023 | 1,134,634 | 1,076,172 | 58,462 | 5.4 | 33% |
| 2024 | 1,324,806 | 1,207,629 | 117,177 | 5.9 | 39% |
In its most recent public year (2024), this organization brought in $117,177 more than it spent. Its reserves stood at about 5.9 months of spending, down from 8.5 in 2017. Staff pay was 39% of spending. $46,390 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 2024. 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