Forest Meadows Building Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,268,948 | 1,424,858 | −155,910 | -12.5 | 0% |
| 2021 | 1,407,183 | 1,703,078 | −295,895 | -12.5 | 0% |
| 2022 | 1,323,865 | 2,341,768 | −1,017,903 | -14.3 | 0% |
| 2023 | 1,259,704 | 1,483,335 | −223,631 | -24.4 | 0% |
| 2024 | 1,274,213 | 1,472,648 | −198,435 | -26.2 | 0% |
In its most recent public year (2024), this organization spent $198,435 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-26.2 months), down from -12.5 in 2020. Staff pay was 0% of spending. $1,113,866 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
Forest Meadows Building Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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