Forbes Avenue Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 109,574 | 81,525 | 28,049 | 8.1 | — |
| 2020 | 100,780 | 150,484 | −49,704 | 0.4 | 6% |
| 2021 | 254,127 | 168,981 | 85,146 | 6.4 | 46% |
| 2022 | 78,837 | 120,574 | −41,737 | 4.9 | 42% |
| 2023 | 332,499 | 311,410 | 21,089 | 2.7 | 36% |
In its most recent public year (2023), this organization brought in $21,089 more than it spent. Its reserves stood at about 2.7 months of spending, down from 8.1 in 2019. Staff pay was 36% 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
Forbes Avenue Foundation'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