Littleton, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
Hug It Forward is an organization that empowers communities in developing countries to build schools. Entire communities come together to make the dream of educational opportunity a reality, by using Hug It Forward's funding and expertise to build their own school.
BOTTLE SCHOOL CONSTRUCTION. In 2023, Hug It Forward facilitated the construction of 8 schools in Guatemala; 6 schools completed and 2 schools in process. Due to the method of construction, these...
BOTTLE SCHOOL CONSTRUCTION. In 2023, Hug It Forward facilitated the construction of 8 schools in Guatemala; 6 schools completed and 2 schools in process. Due to the method of construction, these schools are known as "bottle schools". Bottle schools are schools built using post-and-beam construction, with concrete columns and beams reinforced with rebar. The walls are filled with "eco-bricks" as insulation, made from plastic bottles stuffed with inorganic trash, which comes from their immediate environment. Entire communities come together to build a more sustainable educational infrastructure that replaces dilapidated, unsafe, and dangerously overcrowded schoolrooms, which are often made from adobe, corrugated metal, or cornstalks, with dirt floors. Before Hug It Forward issues any funding for materials, the community must show commitment to the project by creating approximately 75% of the bottles that are required for the school. A total of 7,500 eco-bricks are required for a 2-classroom school and 10,000 bottles for a 3-classroom school. Teachers and community leaders are responsible for organizing the process of bottle collection and overseeing the volunteering of labor. The local municipality contributes by paying for skilled labor, and the Ministry of Education pays for all teachers, ensuring that these institutions also have ownership in a sustainable project.
ENVIRONMENTAL EDUCATION PROGRAM. In conjunction with bottle school projects, Hug It Forward facilitates an environmental education program for youth, working with communities that participate in a...
ENVIRONMENTAL EDUCATION PROGRAM. In conjunction with bottle school projects, Hug It Forward facilitates an environmental education program for youth, working with communities that participate in a bottle school project. The program directly impacted 1,660 students in 3 communities in 2023. Children work with the community to plant trees and collect inorganic trash and create the "eco-bricks" that are needed to build a bottle school. They build their school with their own hands, giving them real ownership and pride in the realization of the project. Environmental education is an essential part of the bottle school process, ensuring that the project's impact will be sustainable and that communities remain free of trash long into the future. Through the environmental education program, children learn to understand the difference between organic and inorganic trash, along with the major risks of plastic pollution in their environment and in the world. The intention is to leave a lasting impact, helping to grow awareness of environmental sustainability for future generations.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dave Watson | Chairman of the Board | 5 |
Director
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$0 | $0 | $0 |
| Zach Balle | President | 30 |
Officer
Director
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$0 | $0 | $0 |
| Adam Flores | Secretary/Treasurer | 30 |
Officer
Director
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$0 | $0 | $0 |
| 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 |
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