The Woody Foundation Inc dba The Way Forward Foundation (EIN 204971953) - 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

2006

Legal Domicile

Principal Officer

Ann Stith

Phone

3057909469

Tax Period

2023-01-01 to 2023-12-31

The Woody Foundation Inc dba The Way Forward Foundation, founded in 2006, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $216K in total revenue in fiscal year 2023.

Mission

The Mission of the Woody Foundation is to enhance the quality of life for those living with paralysis. Our Vision is to help all people with paralysis to live an active and independent life.

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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 (2023)

Revenue Breakdown

Contributions & Grants $153,538

Program Service Revenue $0

Investment Income $12,584

Other Revenue $50,266

TOTAL REVENUE $216,388

Expense Breakdown

Grants Paid $146,800

Salaries & Benefits $26,992

Fundraising Expenses $28,969

Program Expenses $191,192

Other Expenses $62,561

TOTAL EXPENSES $236,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,388	$222,193	0.0%
Expenses	$236,353	$243,722	0.0%
Net Income	$-19,965	$-21,529	-0.1%

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

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

$26,992

Total Directors

$26,992

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lucy Foerster	Executive Dir.	10.00	Officer Director	$26,992	$0	$26,992
William E Beckham III	Vice President	3.00	Officer Director	$0	$0	$0
Richard P Tonkinson	Director	1.00	Director	$0	$0	$0
David Mills	Director	1.00	Director	$0	$0	$0
Leslie Jones	Director	1.00	Director	$0	$0	$0
James Woody Beckham	Director	5.00	Director	$0	$0	$0
Sabrina Cohen	Director	1.00	Director	$0	$0	$0
Jason Pensky	Director	1.00	Director	$0	$0	$0
Allison Beckham	Secretary	3.00	Officer Director	$0	$0	$0
Steven Tonkinson	Director	1.00	Director	$0	$0	$0
Ann Stith	President	5.00	Officer Director	$0	$0	$0
Anthony Poppe	Treasurer	3.00	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	No data	No data	No data	No data
2023	$216,388	$236,353	$417,009	$-19,965
2022	$222,193	$243,722	$437,871	$-21,529
2021	$242,352	$178,995	$461,792	$63,357
2020	$187,569	$142,643	$417,422	$44,926
2019	$173,696	$156,072	$338,515	$17,624
2018	$157,785	$158,862	$324,454	$-1,077

The Woody Foundation Inc dba The Way Forward Foundation