Race Forward
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,459,817 | 2,768,452 | −1,308,635 | 13.1 | 52% |
| 2012 | 5,826,878 | 3,198,637 | 2,628,241 | 21.4 | 48% |
| 2013 | 1,178,814 | 2,819,840 | −1,641,026 | 17.1 | 55% |
| 2014 | 2,664,611 | 3,979,977 | −1,315,366 | 8.2 | 48% |
| 2015 | 5,113,499 | 3,419,223 | 1,694,276 | 15.5 | 52% |
| 2016 | 4,657,706 | 4,611,102 | 46,604 | 11.4 | 49% |
| 2017 | 15,578,884 | 5,320,294 | 10,258,590 | 33.0 | 53% |
| 2018 | 10,198,517 | 10,429,867 | −231,350 | 16.6 | 42% |
| 2019 | 11,012,148 | 12,081,094 | −1,068,946 | 13.1 | 44% |
| 2020 | 20,857,248 | 13,030,036 | 7,827,212 | 19.3 | 43% |
| 2021 | 35,206,795 | 15,756,644 | 19,450,151 | 30.8 | 38% |
| 2022 | 16,435,117 | 25,022,006 | −8,586,889 | 14.5 | 33% |
| 2023 | 27,224,723 | 25,934,156 | 1,290,567 | 15.2 | 40% |
In its most recent public year (2023), this organization brought in $1,290,567 more than it spent. Its reserves stood at about 15.2 months of spending, up from 13.1 in 2011. Staff pay was 40% of spending. $21,072,006 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
Race Forward'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