S — Community Improvement & Capacity BuildingEIN: 942759879· Ruling Year: 1981

Race Forward

Macon, Georgia

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.26×
Peer Median2.76×
💰
$27.2M
Total Revenue
📊
$25.9M
Total Expenses
🏦
$32.8M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
11.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,224,723↑66%$25,934,156↑4%$37,006,218↑6%
2022$16,435,117↓53%$25,022,006↑59%$34,918,779↓16%
2021$35,206,795↑69%$15,756,644↑21%$41,775,681↑74%
2020$20,857,248↑89%$13,030,036↑8%$23,950,967↑57%
2019$11,012,148↑8%$12,081,094↑16%$15,252,581↓2%
2018$10,198,517↓35%$10,429,867↑96%$15,608,713↑4%
2017$15,578,884↑234%$5,320,294↑15%$14,964,945↑220%
2016$4,657,706↓9%$4,611,102↑35%$4,675,852↑2%
2015$5,113,499↑92%$3,419,223↓14%$4,592,298↑55%
2014$2,664,611↑126%$3,979,977↑41%$2,955,872↓31%
2013$1,178,814↓80%$2,819,840↓12%$4,274,817↓29%
2012$5,826,878↑299%$3,198,637↑16%$5,979,219↑78%
2011$1,459,817$2,768,452$3,364,922

Frequently Asked Questions

What does Race Forward do?▼

Race Forward is a community improvement & capacity building nonprofit organization based in Georgia. It is classified under NTEE code S50Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Race Forward financially healthy?▼

Based on our 9-metric Financial Health Score model, Race Forward has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Race Forward generate?▼

Race Forward reports $20.5M in annual revenue and holds $32.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Georgia.