Blue Forest Finance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,952 | 3,894 | −942 | -0.1 | 0% |
| 2019 | 403,763 | 54,353 | 349,410 | 77.0 | 0% |
| 2020 | 1,935,944 | 1,160,367 | 775,577 | 11.6 | 75% |
| 2021 | 1,976,730 | 1,751,532 | 225,198 | 9.2 | 64% |
| 2022 | 5,334,916 | 3,436,552 | 1,898,364 | 11.5 | 62% |
| 2023 | 7,401,673 | 6,460,113 | 941,560 | 8.9 | 53% |
In its most recent public year (2023), this organization brought in $941,560 more than it spent. Its reserves stood at about 8.9 months of spending, up from -0.1 in 2018. Staff pay was 53% of spending. $505,000 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 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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