Forward Mt EIN 13-4285849

Forward Mt FY2022 filing

EIN  13-4285849 Membership association Missoula, MT
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Empowering young Montanans through civic engagement and political action.
Leadership
Kiersten Iwai · Executive Dir. · $72K
Money in and out
$537K revenue, $707K expenses
Bottom line
-32% operating surplus

Empowering young Montanans through civic engagement and political action. For fiscal year 2022 it reported $537K in revenue, $707K in expenses, and $364K in net assets.Pt I

Membership & operating revenue · FY2022
Total revenue
$537K
Pt VIII · Ln 12
Total expenses
$707K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$170K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Operating surplus
-32%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
55%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$537K
FY2022▲ +76%
Expenses
$707K
FY2022▲ +89%
Total assets
$488K
FY2022▼ -16%
Total liabilities
$123K
FY2022▲ +185%
Total revenue
$537K
Pt VIII · Ln 12
Total expenses
$707K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$170K
Total assetsPt X · Ln 16$488K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $622K of program spending, described in the organization's own filed words · FY2022.
01

LEADERSHIP DEVELOPMENTWe graduated fellows in Missoula, Bozeman, Billings and the Flathead. Fellows receive robust training on community organizing and civic engagement. Fellows lead on a final project that connects their interests to meaningful change in their communities.

$287Kprogram expense
02

VOTER EDUCATION AND MOBILIZATIONForward Montana mobilized young voters for the 2022 midterm elections. This included distributing voter guides, peer-to-peer phone calls, and door-to-door canvassing to get-out-the-vote.

$254Kprogram expense
03

ISSUE ADVOCACYWe organized young Montanans on policies related to climate justice, housing, voting rights, and LGBTQ+ equality. This included launching 'Transcendent Joy', a zine by and for queer and trans Montanans and hosting a series of community building events.

$82Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CForward Mt
EINHdr · item D13-4285849
Principal addressHdr · item CMissoula, MT
WebsiteHdr · item Jforwardmontana.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R40)
Ruling yearIRS BMFJul 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$71,684Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kiersten Iwai’s $91K as Executive Dir. is at the 19th percentile of top reported officer pay among 796 $1–10M civil rights & advocacy nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kiersten Iwai$91,364$74,486$71,684$73,707$65,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$521K · 97%
Other revenue$16K · 3%
Contributions & grants97%$521K
Other revenue3%$16K
Total revenueLn 12$537K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program services88%$622K
Management & general8%$59K
Fundraising4%$27K
Total functional expensesLn 25$707K

Balance Sheet

Part X · end of year
CashLn 1$334K
Total assetsLn 16$488K
Total liabilitiesLn 26$123K
Total net assetsLn 32$364K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $334K · Operating expenses/yr $707K
5.7 months
Where the money goes
Program services
Program services $622K · Total expenses $707K
88%
Management & General
Management & general $59K · Total expenses $707K
8%
Fundraising
Fundraising $27K · Total expenses $707K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $604K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $521K · Total revenue $537K
97%
Government reliance
Government grants — · Total revenue $537K
Earned-income share
Program service revenue $0 · Total revenue $537K
0%
Investment reliance
Investment income $0 · Total revenue $537K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $707K
0%
Growth & trend
Revenue growth (YoY)
This year $537K · Prior year $305K
+76%
Net-asset trend (YoY)
End of year $364K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $537K · Expenses $707K
-32%
Liabilities-to-Assets
Total liabilities — · Total assets $488K
Net-asset ratio
Net assets $364K · Total assets $488K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $488K
0%
People & payroll
Highest Reported Total Compensation
Individual Kiersten Iwai · Reported title Executive Dir. · Highest reported compensation $72K · Total expenses $707K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $392K · Total expenses $707K
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 8%
Fundraising cost ratio 5%
Revenue growth 76%
Investment management fee ratio 0%
Legal fee ratio 2%
Accounting fee ratio 3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
North FundFY2024$300K
A Better Big SkyFY2024$175K
Tides FoundationFY2024$150K
Tides AdvocacyFY2024$130K
Total grants receivedfrom 13 funders$2.1M
See all 13 funders →
Grants paid · 4 grants · $198K · 2022–2024
Montanans Securing ReproductiFY2024$75,000
America VotesDC · FY2023$88,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.8M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$537K revenue · viewing · ⤓ 990 PDF
FY2021$305K revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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