FORWARD HURON

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

TED HAEDER

Phone

6053520363

Tax Period

2025-01-01 to 2025-12-31

FORWARD HURON, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $26K in total revenue in fiscal year 2025. Revenue surged 2485% from the prior year, signaling strong growth momentum. Expenses of $36K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE ORGANIZATION PROMOTES ECONOMIC, INDUSTRIAL, HEALTH CARE AND COMMUNITY DEVELOPMENT FOR THE CITY OF HURON, BEADLE COUNTY AND THE SURROUNDING AREA. THIS IS DONE TO EXPAND TO ECONOMIC BASE AND QUALITY OF LIFE TO THE PEOPLE OF THE COMMUNITY/AREA.

Program Service Accomplishments

Program 1

Expenses: $23,605

TO PROVIDE ASSITANCE TO INDIVIDUALS AND BUSINESS WHO WILL PROVIDE NEW JOBS OR EXPAND THEIR PRESENT WORKFORCE IN THE COMMUNITY AND SURROUNDING AREA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25,832

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $25,851

Expense Breakdown

Grants Paid $23,605

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,605

Other Expenses $12,610

TOTAL EXPENSES $36,215

Year-over-Year Comparison

	2025	2024	Change
Revenue	$25,851	$1,000	+24.9%
Expenses	$36,215	$19,829	+0.8%
Net Income	$-10,364	$-18,829	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL AYLWARD	DIRECTOR	1.00	Director	$0	$0	$0
PAM BROWNING	DIRECTOR	1.00	Director	$0	$0	$0
DENIS DRAKE	DIRECTOR	1.00	Director	$0	$0	$0
TOM GIETZEN	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
STEVE GOHN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEVIN HABER	DIRECTOR	1.00	Director	$0	$0	$0
DR BILL MINER	DIRECTOR	1.00	Director	$0	$0	$0
LYNN SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
SPENCER WHITE	TREASURER	1.00	Officer Director	$0	$0	$0
MARCIA ZWANZIGER	DIRECTOR	1.00	Director	$0	$0	$0
TED HAEDER	EXEC DIRECTO	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
2025	$25,851	$36,215	$537,834	$-10,364
2024	$1,000	$19,829	$619,510	$-18,829
2023	$396,608	$30,410	$747,981	$366,198
2022	$40,607	$40,640	$801,317	$-33
2021	$78,387	$89,030	$795,718	$-10,643
2020	$511,289	$2,233,251	$967,310	$-1,721,962
2019	$82,693	$1,874,017	$2,795,812	$-1,791,324
2018	$1,071,329	$1,210,944	$4,771,140	$-139,615