See Forward Fund Inc
See Forward Fund Inc experiences significant revenue and asset fluctuations, with expenses often exceeding income.
EIN: 205490000 · Northampton, MA · NTEE: R12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $495K |
| Total Expenses | $557K |
| Program Spending | 80% |
| Net Assets | $78K |
| Transparency Score | 70/100 |
Is See Forward Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
See Forward Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About See Forward Fund Inc
See Forward Fund Inc (EIN: 205490000) is a nonprofit organization based in Northampton, MA, classified under NTEE code R12. The organization reported total revenue of $495K and total assets of $676K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of See Forward Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
See Forward Fund Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $557K |
| Surplus / Deficit | $-462,824 |
| Total Assets | $343K |
| Total Liabilities | $265K |
| Net Assets | $78K |
| Operating Margin | -493.8% |
| Debt-to-Asset Ratio | 77.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: C
In 2022, See Forward Fund Inc reported a deficit of $463K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 77.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), See Forward Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -84.2% | -55.6% | -46.8% |
| 2021 | -48.1% | -19.1% | -60.7% |
| 2020 | +152.0% | +574.2% | -11.3% |
| 2019 | -53.9% | -81.5% | +13.8% |
| 2018 | -46.6% | -7.9% | -22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates See Forward Fund Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, See Forward Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $463K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of See Forward Fund Inc's IRS 990 filings:
- Significant and consistent negative net income in recent years (e.g., 2022: -$462,824; 2021: -$659,660).
- Substantial decline in assets over the past five years, indicating a draw-down of reserves.
- High volatility in annual revenue and expenses, making financial planning challenging.
- Liabilities have shown significant fluctuations, reaching $264,959 in 2022.
Strengths
The following positive indicators were identified for See Forward Fund Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission over executive pay.
- Long filing history (12 filings) demonstrates ongoing compliance and transparency.
- Latest revenue of $495,036, while volatile, shows continued fundraising capacity.
Frequently Asked Questions about See Forward Fund Inc
Is See Forward Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, See Forward Fund Inc (EIN: 205490000) some concerns. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
How does See Forward Fund Inc spend its money?
See Forward Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to See Forward Fund Inc tax-deductible?
See Forward Fund Inc is registered as a tax-exempt nonprofit (EIN: 205490000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of See Forward Fund Inc's spending goes to programs?
See Forward Fund Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does See Forward Fund Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), See Forward Fund Inc is above average for NTEE category R12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is See Forward Fund Inc located?
See Forward Fund Inc is headquartered in Northampton, Massachusetts and files with the IRS under EIN 205490000. It is classified under NTEE code R12.
How many years of IRS 990 filings does See Forward Fund Inc have?
See Forward Fund Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $495K in total revenue.
What caused the significant drop in assets from $2,096,898 in 2017 to $342,687 in 2022?
The provided data shows a substantial decrease in assets over this period, likely due to expenses consistently exceeding revenue in several years, such as 2022 ($93,724 revenue vs. $556,548 expenses) and 2021 ($594,147 revenue vs. $1,253,807 expenses), leading to a draw-down of reserves.
How does See Forward Fund Inc manage its liabilities, which have varied significantly?
Liabilities have fluctuated widely, from a low of $6,000 in 2013 to a high of $606,359 in 2016 and $264,959 in 2022. Understanding the nature of these liabilities and the organization's strategy for managing them is crucial for assessing financial risk.
What is the organization's long-term financial sustainability plan given the revenue volatility?
The organization has experienced considerable swings in annual revenue, from a high of $2,531,047 in 2015 to a low of $93,724 in 2022. A clear strategy for stabilizing funding and ensuring consistent operations would be beneficial.
Filing History
IRS 990 filing history for See Forward Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), See Forward Fund Inc's revenue has declined by 76%, moving from $391K to $94K. Total assets decreased by 69.5% over the same period, from $1.1M to $343K. Total functional expenses rose by 57.7%, from $353K to $557K. In its most recent filing year (2022), See Forward Fund Inc reported a deficit of $463K, with expenses exceeding revenue. The organization holds $265K in liabilities against $343K in assets (debt-to-asset ratio: 77.3%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $94K | $557K | $343K | $265K | — | View 990 |
| 2021 | $594K | $1.3M | $644K | $106K | — | View 990 |
| 2020 | $1.1M | $1.6M | $1.6M | $274K | — | — |
| 2019 | $454K | $230K | $1.8M | $33K | — | — |
| 2018 | $985K | $1.2M | $1.6M | $133K | — | View 990 |
| 2017 | $1.8M | $1.3M | $2.1M | $176K | — | View 990 |
| 2016 | $1.7M | $2.0M | $1.9M | $606K | — | View 990 |
| 2015 | $2.5M | $2.1M | $1.8M | $430K | — | View 990 |
| 2014 | $496K | $518K | $1.2M | $11K | — | View 990 |
| 2013 | $563K | $535K | $1.3M | $6K | — | View 990 |
| 2012 | $853K | $791K | $1.2M | $61K | — | View 990 |
| 2011 | $391K | $353K | $1.1M | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $94K, expenses of $557K, and assets of $343K (revenue -84.2% year-over-year).
- 2021: Revenue of $594K, expenses of $1.3M, and assets of $644K (revenue -48.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.6M, and assets of $1.6M (revenue +152.0% year-over-year).
- 2019: Revenue of $454K, expenses of $230K, and assets of $1.8M (revenue -53.9% year-over-year).
- 2018: Revenue of $985K, expenses of $1.2M, and assets of $1.6M (revenue -46.6% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.3M, and assets of $2.1M (revenue +6.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.0M, and assets of $1.9M (revenue -31.5% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.1M, and assets of $1.8M (revenue +410.5% year-over-year).
- 2014: Revenue of $496K, expenses of $518K, and assets of $1.2M (revenue -12.0% year-over-year).
- 2013: Revenue of $563K, expenses of $535K, and assets of $1.3M (revenue -34.0% year-over-year).
- 2012: Revenue of $853K, expenses of $791K, and assets of $1.2M (revenue +118.3% year-over-year).
- 2011: Revenue of $391K, expenses of $353K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for See Forward Fund Inc:
Data Sources and Methodology
This transparency report for See Forward Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.