HUG IT FORWARD INC (EIN 270909586) - 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

2009

Legal Domicile

Principal Officer

Zach Balle

Phone

8588882626

Tax Period

2023-01-01 to 2023-12-31

HUG IT FORWARD INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $208K in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 17% operating margin.

Mission

Hug It Forward (HIF) is a multicultural organization operating at the grassroots level in Latin America, with an emphasis in Guatemala. In fiscal year 2023, HIF completed 6 schools and an additional 2 schools were in the process of completion. As of December 2023, HIF has completed 143 schools.

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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 $207,511

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,511

Expense Breakdown

Grants Paid $117,330

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,378

Other Expenses $55,736

TOTAL EXPENSES $173,066

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,511	$99,036	+1.1%
Expenses	$173,066	$187,281	-0.1%
Net Income	$34,445	$-88,245	-1.4%

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

162

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
Dave Watson	Chairman of the Board	5	Director	$0	$0	$0
Zach Balle	President	30	Officer Director	$0	$0	$0
Adam Flores	Secretary/Treasurer	30	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
2024	No data	No data	No data	No data
2023	$207,511	$173,066	$270,275	$34,445
2022	$99,036	$187,281	$235,387	$-88,245
2021	$243,594	$133,237	$323,632	$110,357
2020	$60,589	$117,360	$213,275	$-56,771
2019	$114,523	$165,313	$270,046	$-50,790
2018	$171,535	$249,095	$322,366	$-77,560

HUG IT FORWARD INC