Forever Philanthropies Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,674 | 80,227 | −15,553 | 26.4 | 0% |
| 2021 | 90,233 | 16,336 | 73,897 | 184.1 | 0% |
| 2022 | 160,102 | 227,012 | −66,910 | 9.7 | 0% |
| 2023 | 88,159 | 138,034 | −49,875 | 11.6 | 0% |
In its most recent public year (2023), this organization spent $49,875 more than it brought in. Its reserves stood at about 11.6 months of spending, down from 26.4 in 2020. Staff pay was 0% 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
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