FORTE FOR CHILDREN (EIN 161671806) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

JAMES E MINARIK

Phone

9519702300

Tax Period

2024-01-01 to 2024-12-31

FORTE FOR CHILDREN, founded in 2003, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $76K in total revenue in fiscal year 2024. Revenue surged 4087% from the prior year, signaling strong growth momentum. Expenses of $380K exceeded revenue, resulting in a 402% operating deficit.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR DISADVANTAGED CHILDREN IN THE COMMUNITIES [CONT. ON SCH O] TO IMPROVE THE QUALITY OF LIFE FOR DISADVANTAGED CHILDREN IN THE COMMUNITIES IN WHICH WE DO BUSINESS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $382

Program Service Revenue $0

Investment Income $75,324

Other Revenue $0

TOTAL REVENUE $75,706

Expense Breakdown

Grants Paid $360,000

Salaries & Benefits $15,000

Fundraising Expenses $0

Program Expenses $360,000

Other Expenses $5,126

TOTAL EXPENSES $380,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,706	$1,808	+40.9%
Expenses	$380,126	$440,350	-0.1%
Net Income	$-304,420	$-438,542	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$15,000

Total Directors

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH FOX	EXECUTIVE DIRECTOR	10.00	Officer Director	$15,000	$0	$15,000
JIM MINARIK	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BOB STRUBLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH TRISTANI	TREASURER	2.00	Officer Director	$0	$0	$0
CRYSTAL BIGGS	SECRETARY	2.00	Officer 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
2024	$75,706	$380,126	$670,608	$-304,420
2023	$1,808	$440,350	$898,582	$-438,542
2022	$29,465	$400,226	$1,114,872	$-370,761
2021	$635,842	$570,091	$1,829,518	$65,751
2020	$249,630	$355,046	$1,868,900	$-105,416
2019	$544,309	$533,865	$1,895,036	$10,444
2018	$723,260	$592,602	$1,741,693	$130,658

FORTE FOR CHILDREN