Forsight Foundation Inc (EIN 260309471) - 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

Tax Period

2023-01-01 to 2023-12-31

Forsight Foundation Inc, founded in 2006, is a micro nonprofit in the Health Care sector that reported $77K in total revenue in fiscal year 2023. Revenue surged 2102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 35% operating margin.

Mission

THE FORSIGHT FOUNDATIONS MISSION IS TO ENCOURAGE AND SUPPORT HEALTHCARE, EDUCATION, CHARITY, RESEARCH & TRAINING, BOTH NATIONALLY AND INTERNATIONALLY IN PARTNERSHIP WITH HOSPITALS, UNIVERSITIES, AND OTHER HEALTHCARE AND CIVIC ORGANIZATIONS (NGOS).

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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 $76,772

Program Service Revenue $0

Investment Income $486

Other Revenue $0

TOTAL REVENUE $77,258

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,801

Other Expenses $50,231

TOTAL EXPENSES $50,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$77,258	$3,508	+21.0%
Expenses	$50,231	$2,250	+21.3%
Net Income	$27,027	$1,258	+20.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jad Jabbour	Secretary	1.00	Director	$0	$0	$0
Homer Ruckle	Treasurer	1.00	Director	$0	$0	$0
Nabil M Jabbour	President	8.00	Officer Director	$0	$0	$0
Nina Jabbour	Vice President	4.00	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
2023	$77,258	$50,231	$1,206,296	$27,027
2022	$3,508	$2,250	$965,416	$1,258
2021	$143,466	$169,872	$1,299,827	$-26,406
2020	$32,303	$3,542	$990,564	$28,761
2019	$446,110	$131,324	$965,065	$314,786
2018	$154,821	$182,416	$652,661	$-27,595

Forsight Foundation Inc