Forward Action Fund EIN 83-1806898

Forward Action Fund FY2023 filing

EIN  83-1806898 Membership association Concord, NH Founded 2018
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Verified accurate 7/7/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Forward Action Fund claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Educates community members and increases civic participation through paid programming.
Leadership
Deborah Butler · Chair
Money in and out
$9.3M revenue, $8.4M expenses
Bottom line
+10% operating surplus

Educates community members and increases civic participation through paid programming. For fiscal year 2023 it reported $9.3M in revenue, $8.4M in expenses, and $3.8M in net assets.Pt I

Membership & operating revenue · FY2023
Total revenue
$9.3M
Pt VIII · Ln 12
Total expenses
$8.4M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $888K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Operating surplus
+10%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Program spending
91%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$9.3M
FY2023▼ -45%
Expenses
$8.4M
FY2023▼ -46%
Total assets
$3.8M
FY2023▲ +29%
Total liabilities
$74K
FY2023▼ -21%
Total revenue
$9.3M
Pt VIII · Ln 12
Total expenses
$8.4M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$888K
Total assetsPt X · Ln 16$3.8M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $7.6M of program spending, described in the organization's own filed words · FY2023.
01

In 2023, somos votantes had teams on the ground in nevada, arizona, and michigan with canvass and business organizing programs up and running, and even established a permanent community organizing team in las vegas.

$4.7Mprogram expense
02

The campaign for a family friendly economy (cffe), a project of the family friendly action fund, is laser-focused on building the political power needed to pass care policies that lower costs for families, including affordable childcare, home and community-based care for the aging and disabled, paid family and medical leave, and lower…

$2.9Mprogram expense
03

The forward action fund continued its strong support for programs aligned with its mission to promote social welfare including but not limited to economic, gender, climate, racial, health and social justice.

$38Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CForward Action Fund
EINHdr · item D83-1806898
Principal addressHdr · item CConcord, NH
Year of formationHdr · item L2018
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R05)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Forward Action Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants99%$9.2M
Program service revenue$29K
Investment income$40K
Total revenueLn 12$9.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Program services91%$7.7M
Management & general7%$552K
Fundraising2%$168K
Total functional expensesLn 25$8.4M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$3.8M
Total liabilitiesLn 26$74K
Total net assetsLn 32$3.8M
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $8.4M
2.0 months
Where the money goes
Program services
Program services $7.7M · Total expenses $8.4M
91%
Management & General
Management & general $552K · Total expenses $8.4M
7%
Fundraising
Fundraising $168K · Total expenses $8.4M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $137K · Solicited contributions (3-yr avg) $9.3M
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $9.2M · Total revenue $9.3M
99%
Government reliance
Government grants — · Total revenue $9.3M
Earned-income share
Program service revenue $29K · Total revenue $9.3M
0%
Investment reliance
Investment income $40K · Total revenue $9.3M
0%
Program self-sufficiency
Program service revenue $29K · Total expenses $8.4M
0%
Growth & trend
Revenue growth (YoY)
This year $9.3M · Prior year $16.8M
-45%
Net-asset trend (YoY)
End of year $3.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.3M · Expenses $8.4M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $3.8M
Net-asset ratio
Net assets $3.8M · Total assets $3.8M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Deborah Butler · Reported title CHAIR · Highest reported compensation $0 · Total expenses $8.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $8.4M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 7%
Fundraising cost ratio 2%
Revenue growth -45%
Legal fee ratio 3%
Accounting fee ratio 0%
Fundraising fee ratio 2%

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
America VotesFY2024$18.8M
Bayfield FundFY2024$8.8M
Workmoney INCFY2024$5.0M
Majority ForwardFY2024$3.9M
Nevada AllianceFY2024$2.0M
Total grants receivedfrom 30 funders$66.6M
See all 30 funders →
Grants paid · 40 grants · $32.6M · 2020–2024
Majority ForwardDC · FY2024$8,800,000
Somos PacFY2024$5,813,205
Campaign for a Family Friendly Economy PacFY2024$2,228,320
Map USADC · FY2024$2,200,000
Ohio Families for DemocracyFY2024$2,083,713
Stop Political Corruption INCVA · FY2024$1,500,000
Promoting American Values for Everyone INCFY2024$1,000,000
Make North Carolina FirstNC · FY2024$400,000
Ohio Citizen ActionOH · FY2024$310,000
Communities United Action FundDC · FY2024$300,000
Fight Big Pharma INCVA · FY2024$250,000
North Main Street FundNH · FY2024$122,736
Business Education FundMD · FY2024$12,000
America VotesDC · FY2023$750,000
Somos PacFY2023$100,000
See all 40 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Forward Action Fund →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$72.3M revenue · ⤓ 990 PDF
FY2023$9.3M revenue · viewing · ⤓ 990 PDF
FY2022$16.8M revenue · ⤓ 990 PDF
FY2021$2.8M revenue · ⤓ 990 PDF
FY2020$24.2M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.