FORWARD MT FOUNDATION

🔒

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

2008

Legal Domicile

Principal Officer

ALICE BOYER

Phone

4065428683

Tax Period

2024-01-01 to 2024-12-31

FORWARD MT FOUNDATION, founded in 2008, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $849K, a strong 32% operating margin.

Mission

EDUCATE, ENGAGE AND ORGANIZE YOUNG MONTANANS TO SHAPE THEIR DEMOCRACY TO IMPROVE THEIR LIVES AND THE LIVES OF FELLOW MONTANANS.

Program Service Accomplishments

Program 1

Expenses: $1,275,675

VOTER REGISTRATION AND MOBILIZATIONForward Montana Foundation registered 8,022 voters, through in-person and online tactics. You could reliably find our staff and volunteers with clipboards in hand registering Montanans to vote at farmers markets, campuses, concerts, and state-wide events. We also knocked on 5,359 doors in a door-to-door voter registration canvass.We held voter registration drives on 20 high school campuses and over 13 college campuses across the state, including public, private, and tribal colleges. Forward Montana Foundation also collected 5,767 pledges-to-vote, and followed up with those voters via text ahead of the primary and general elections. Forward Montana Foundation high school fellows made 7,533 calls to our state's youngest voters.

Program 2

Expenses: $104,956

LEADERSHIP DEVELOPMENTIn 2024, we graduated 17 community organizing fellows and 20 high school fellows from across the state. Fellows go through a robust curriculum that provides weekly training on community organizing and civic engagement. Fellows lead on a final project that connects their interests to meaningful change in their communities.

Program 3

Expenses: $100,750

STRENGTHENING DEMOCRACYFoward Montana Foundation launched Civics Unders The Big Sky, an effort to provide Montana communities with trustworthy civic information, approachable educational resources...

STRENGTHENING DEMOCRACYFoward Montana Foundation launched Civics Unders The Big Sky, an effort to provide Montana communities with trustworthy civic information, approachable educational resources, and unbiased voter registration to give a voice to the future workers and citizens of our democracy. In 2024, we facilitated civic templates in 20 classrooms and hosted Democracy Days voter registration drives in 19 schools across the state.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,583,014

Program Service Revenue $0

Investment Income $5,784

Other Revenue $26,989

TOTAL REVENUE $2,615,787

Expense Breakdown

Grants Paid $403,250

Salaries & Benefits $699,626

Fundraising Expenses $110,995

Program Expenses $1,481,381

Other Expenses $664,091

TOTAL EXPENSES $1,766,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,615,787	$1,735,473	+0.5%
Expenses	$1,766,967	$1,058,583	+0.7%
Net Income	$848,820	$676,890	+0.3%

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

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

$100,724

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIERSTEN IWAI	Executive Dir.	12.00	Officer	$0	$9,360	$100,724
JACOB LINFESTY	Treasurer	1.00	Officer Director	$0	$0	$0
BRIT ANLER	Director	0.50	Director	$0	$0	$0
ABBIE BANDSTRA	Vice President	0.50	Officer Director	$0	$0	$0
EMILY ALLISON	Director	0.50	Director	$0	$0	$0
CODY MCCRACKEN	Director	0.50	Director	$0	$0	$0
ELLA CURRIER	Director	0.50	Director	$0	$0	$0
REMYA NAIR	President	1.00	Officer Director	$0	$0	$0
JOSH OLSON	Director	0.50	Director	$0	$0	$0
MARY BLANKENBAKER	Director	0.50	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	$2,615,787	$1,766,967	$3,028,812	$848,820
2023	$1,735,473	$1,058,583	$1,808,242	$676,890
2022	$936,083	$597,141	$1,098,718	$338,942
2021	$548,885	$800,955	$1,155,863	$-252,070
2020	$1,386,156	$809,822	$1,181,820	$576,334
2019	$568,379	$389,789	$414,352	$178,590
2018	$442,989	$345,189	$219,813	$97,800