FOREVERDADS (EIN 205022110) - 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

Principal Officer

BURL LEMON

Phone

7404531323

Tax Period

2023-01-01 to 2023-12-31

FOREVERDADS, founded in 2006, is a small nonprofit in the Human Services sector that reported $641K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 29% operating margin.

Mission

SOLE PURPOSE IS TO ENCOURAGE, EDUCATE, AND EQUIP MEN TO DEVELOP POSITIVE RELATIONSHIPS WITH THEIR CHILDREN, FAMILY, AND COMMUNITY

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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 $498,153

Program Service Revenue $97,002

Investment Income $71

Other Revenue $46,102

TOTAL REVENUE $641,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,198

Fundraising Expenses $0

Program Expenses $418,551

Other Expenses $235,411

TOTAL EXPENSES $457,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$641,328	$429,996	+0.5%
Expenses	$457,609	$337,224	+0.4%
Net Income	$183,719	$92,772	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE BROWN	SECRETARY	0.75	Officer Director	$0	$0	$0
SCOTT COMSTOCK	PRESIDENT	1.50	Officer Director	$0	$0	$0
BEN HESS	IMMEDIATEPAS	0.75	Officer	$0	$0	$0
DON RILEY	TREASURER	7.00	Officer	$0	$0	$0
CHRIS ZEMBA	VICE PRESIDE	1.00	Officer	$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	$641,328	$457,609	$609,003	$183,719
2022	$429,996	$337,224	$472,985	$92,772
2021	$505,290	$438,372	$328,860	$66,918
2020	$468,798	$434,754	$269,954	$34,044
2019	$461,247	$350,574	$238,282	$110,673
2018	$261,011	$209,741	$125,495	$51,270

FOREVERDADS