FORWARD VISIONS INC

EIN: 237389044 501(c)(3) Human Services

HUNT VALLEY, MD

Total Revenue
$8,621,311
Total Expenses
$5,989,936
Total Assets
$9,796,852
Net Assets
$8,218,737
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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
1973
Legal Domicile
MD
Principal Officer
WENDY BOHDEL
Phone
4105848500
Tax Period
2024-07-01 to 2025-06-30

FORWARD VISIONS INC, founded in 1973, is a community nonprofit in the Human Services sector that reported $8.6M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 31% operating margin.

Mission

TO PROVIDE RESIDENTIAL AND SUPPORT SERVICES FOR DEVELOPMENTALLY DISABLED PERSONS THAT ENABLE THEM TO MAXIMIZE THEIR INTELLECTUAL AND SOCIAL GROWTH, LIVE IN COMMUNITIES OF THEIR CHOICE AS PRODUCTIVE, HAPPY AND SUCCESSFUL CITIZENS, REACH THEIR OWN UNIQUE POTENTIAL AND TO PROVIDE ONGOING PHYSICAL AND EMOTIONAL SUPPORT FOR OPTIMAL DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $125,912
Program Service Revenue $8,419,212
Investment Income $72,187
Other Revenue $4,000
TOTAL REVENUE $8,621,311

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,315,484
Fundraising Expenses $0
Program Expenses $5,240,535
Other Expenses $1,674,452
TOTAL EXPENSES $5,989,936

Year-over-Year Comparison

2024 2023 Change
Revenue $8,621,311 $5,947,642 +0.4%
Expenses $5,989,936 $5,530,610 +0.1%
Net Income $2,631,375 $417,032 +5.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
126
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
4
$134,077
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE C BRISTOW PRESIDENT 3.00
Officer Director
$0 $0 $0
SALINA GANGADEEN DIRECTOR 1.00
Director
$0 $0 $0
JAMES WEED TREASURER 3.00
Officer Director
$0 $0 $0
GAIL PICKERING DIRECTOR 1.00
Director
$0 $0 $0
GALE KNOEDLER SECRETARY 3.00
Officer Director
$0 $0 $0
BETHEEN WEED DIRECTOR 1.00
Director
$0 $0 $0
JEAN DUDLEY DIRECTOR 1.00
Director
$0 $0 $0
WENDY BOHDEL EXECUTIVE DIRECTOR 40.00
Officer
$120,992 $13,085 $134,077
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 $8,621,311 $5,989,936 $9,796,852 $2,631,375
2024 $5,947,642 $5,530,610 $7,224,115 $417,032
2023 $6,335,462 $5,365,537 $6,986,113 $969,925
2022 $5,250,285 $4,693,626 $5,293,543 $556,659
2021 $5,404,406 $4,227,759 $4,970,949 $1,176,647
2020 $4,267,908 $3,990,309 $3,900,700 $277,599
2019 $3,949,412 $3,831,829 $3,330,433 $117,583
2018 $3,765,611 $3,543,210 $3,104,718 $222,401
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