S โ€” Community Improvement & Capacity BuildingEIN: 880669511ยท Ruling Year: 2022

Formak

Cheyenne, Wyoming

B-Health Score
54B-

Financial Health Score

Provisional

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

Average

๐Ÿ’ฐ
$93K
Total Revenue
๐Ÿ“Š
$18K
Total Expenses
๐Ÿฆ
$225K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-39.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+80.1%
Revenue minus expenses as % of revenue

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$92,702โ†“39%$18,460โ†‘980%$224,635โ†‘49%
2022$152,103$1,710$150,393

Frequently Asked Questions

What does Formak do?โ–ผ

Formak is a community improvement & capacity building nonprofit organization based in Wyoming. It is classified under NTEE code S22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Formak financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Formak.

How much revenue does Formak generate?โ–ผ

Formak reports $105K in annual revenue and holds $266K in total assets, based on IRS filings.

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Formak โ€” Cheyenne, WY | GiveScope