FORWARD IN HEALTH INC

EIN: 113771348 501(c)(3)

HOLDEN, MA

Total Revenue
$66,437
Total Expenses
$153,334
Total Assets
$633,798
Net Assets
$633,798
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MA
Phone
9788087450
Tax Period
2019-01-01 to 2019-12-31

FORWARD IN HEALTH INC, founded in 2006, is a micro nonprofit that reported $66K in total revenue in fiscal year 2019. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $153K exceeded revenue, resulting in a 131% operating deficit.

Mission

TO PROVIDE HEALTH CARE IN UNDER PRIVILEGED COUNTRIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $64,926
Program Service Revenue $0
Investment Income $1,511
Other Revenue $0
TOTAL REVENUE $66,437

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $152,834
Other Expenses $153,334
TOTAL EXPENSES $153,334

Year-over-Year Comparison

2019 2018 Change
Revenue $66,437 $93,054 -0.3%
Expenses $153,334 $120,871 +0.3%
Net Income $-86,897 $-27,817 +2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MULQUEEN MD President 0.00
Officer Director
$0 $0 $0
JOHN N ALTOMARE ESQ Treasurer 0.00
Director
$0 $0 $0
MICHAEL GAUDETE MD Director 0.00
Director
$0 $0 $0
JOHN E HARRINGTON MD Director 0.00
Director
$0 $0 $0
PAULA MULQUEEN RN Director 0.00
Director
$0 $0 $0
DEBBIE ORRE Director 0.00
Director
$0 $0 $0
GERARD MCGUIRE Director 0.00
Director
$0 $0 $0
THERESITA DONACH Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $66,437 $153,334 $633,798 $-86,897
2018 $93,054 $120,871 $720,195 $-27,817
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