MAJORITY FORWARDClosed
Closed
Income Statement
Fiscal Year Start:
Jun 1
Closed
This organization closed in 2019. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2019
$76,141,831
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2019
$96,015,234
Other
55%
Grants
41%
Fees to Service Providers
2%
Salaries & Benefits
1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2018
2019
Change
Contributions
$27,607,978
$76,141,831
+176%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$27,607,978
$76,141,831
+176%
Expenses
2018
2019
Change
Grants
$6,379,888
$39,274,670
+516%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,189,519
$1,280,279
+8%
Fees to Service Providers
$452,875
$2,282,431
+404%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$60,706
$67,520
+11%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,657,084
$53,110,334
+3105%
Total Expenses
$9,740,072
$96,015,234
+886%
Net income
2018
2019
Change
Net income
+$17,867,906
-$19,873,403
-211%
Functional Expenses
Summary
2018
2019
Change
Program
$8,135,154
$94,180,623
+1058%
Admin
$1,262,415
$1,537,859
+22%
Fundraising
$342,503
$296,752
-13%
Total Expenses
$9,740,072
$96,015,234
+886%
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