Arts, Culture & Humanities
(A30)
IRS Verified
DX Registered
990 on File
FORWARD ASSOC INC
Financial strength (30%)
66/100
Reliability (20%)
50/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Forward’s mission—essentially unchanged over its 118-year history—is to promote an informed and engaged Jewish citizenry. Today, we accomplish this through our print and digital publications, in both English and Yiddish, which chronicle the unfolding American Jewish story.
Financial Overview — FY 2024
$6.7M
Total Revenue
$6.6M
Total Expenses
$3.4M
Net Assets
44
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.2%
Fundraising Efficiency
13267.9%
Operating Reserve
6.10x
Liability-to-Asset
13.6%
Revenue Diversification
94.6%
Executive Compensation
$1.5M
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.2% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 14.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.2% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
13267.9% | 240.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.1 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.6% | 10.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.6% | 74.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-23.4% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.2% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.6% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.7M | $6.6M | $3.4M | 78.2% | 44 |
| 2023 | $8.7M | $6.7M | $3.3M | 79.6% | 48 |
| 2022 | $7.1M | $6.2M | $1.3M | 81.3% | 46 |
| 2021 | $6.0M | $5.8M | N/A | — | 53 |
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