FORWARD CAREERS INC

EIN: 391657328 501(c)(3) Employment

WAUKESHA, WI

Total Revenue
$2,321,779
Total Expenses
$2,320,893
Total Assets
$1,613,004
Net Assets
$1,129,391
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WI
Principal Officer
CINDY SIMONS
Phone
2626957885
Tax Period
2024-07-01 to 2025-06-30

FORWARD CAREERS INC, founded in 1990, is a community nonprofit in the Employment sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

FORWARD CAREERS, INC. (FORWARD CAREERS) IS A 501(C)(3) NONPROFIT WITH OVER 30 YEARS OF ADMINISTERING AND IMPLEMENTING JOB TRAINING PROGRAMS ACROSS SOUTHEAST WISCONSIN. OUR MISSION IS TO DEVELOP A THRIVING WORKFORCE AND STRONG ECONOMY BY BEING THE PREFERRED SOURCE FOR CAREER EXPLORATION, EDUCATION AND SKILLS TRAINING, AND EMPLOYMENT CONNECTIONS TO EVERY PERSON AND BUSINESS.

Program Service Accomplishments

Program 1
Expenses: $642,358 Revenue: $0

ADMINISTERING THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) PROGRAM. THE WIOA ADULT, DISLOCATED WORKER, YOUTH AND RAPID RESPONSE PROGRAMS ARE DESIGNED TO HELP JOB SEEKERS ACCESS EMPLOYMENT...

Read more

ADMINISTERING THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) PROGRAM. THE WIOA ADULT, DISLOCATED WORKER, YOUTH AND RAPID RESPONSE PROGRAMS ARE DESIGNED TO HELP JOB SEEKERS ACCESS EMPLOYMENT, EDUCATION, TRAINING AND SUPPORTIVE SERVICES TO SUCCEED IN THE LABOR MARKET AND TO MATCH EMPLOYERS WITH THE SKILLS WORKERS THEY NEED TO COMPLETE IN THE GLOBAL ECONOMY. THE ADULT PROGRAM SERVED APPROXIMATELY 87 CLIENTS, THE DISLOCATED WORKER PROGRAM SERVED APPROXIMATELY 46 CLIENTS, AND THE YOUTH PROGRAM SERVED APPROXIMATELY 73 CLIENTS WITH CAREER PLANNING, BASIC SKILLS TRAINING, JOB SEARCH ASSISTANCE, JOB SEARCH SKILLS, AND IN-DEMAND EMPLOYER-LINKED TRAINING. THE RAPID RESPONSE PROGRAM ACTIVITIES INCLUDE PRESENTATIONS OF AVAILABLE RESOURCES AND TRAINING OPPORTUNITIES TO GROUPS OF WORKERS FACING LAYOFFS OR THEIR COMPANY IS HAVING A LARGE DOWNSIZING OF THEIR WORKFORCE OR COMPLETE CLOSER.

Program 2
Expenses: $491,653 Revenue: $0

THE NEXT (NURSING. EQUITY. EXPANSION. TRAINING.) PROGRAM TACKLES THE NEED FOR MORE NURSES AND OTHER HEALTHCARE RELATED OCCUPATIONS THROUGH A MULTI-FACETED APPROACH OF OCCUPATIONAL SKILLS TRAINING...

Read more

THE NEXT (NURSING. EQUITY. EXPANSION. TRAINING.) PROGRAM TACKLES THE NEED FOR MORE NURSES AND OTHER HEALTHCARE RELATED OCCUPATIONS THROUGH A MULTI-FACETED APPROACH OF OCCUPATIONAL SKILLS TRAINING, ON-THE-JOB TRAINING, WORK EXPERIENCES, AND INCUMBENT WORKER TRAINING. THIS IS A MULTI-YEAR PROGRAM, AND HAS SERVED APPROXIMATELY 94 CLIENTS DURING THE PROGRAM.

Program 3
Expenses: $345,044 Revenue: $0

THE QUEST GRANT FOCUSES ON TRAINING INDIVIDUALS TO ADDRESS THE ACCESSIBILITY OF EARLY CHILDHOOD EDUCATION. FORWARD CAREERS PROVIDES OCCUPATIONAL SKILLS TRAINING, WORK EXPERIENCES, ON-THE-JOB...

Read more

THE QUEST GRANT FOCUSES ON TRAINING INDIVIDUALS TO ADDRESS THE ACCESSIBILITY OF EARLY CHILDHOOD EDUCATION. FORWARD CAREERS PROVIDES OCCUPATIONAL SKILLS TRAINING, WORK EXPERIENCES, ON-THE-JOB TRAINING, AND SUPPORTS TO ENRICH THE SUPPLY OF PROFICIENT CHILDCARE WORKERS. THIS IS A MULTI-YEAR PROGRAM, AND HAS SERVED APPROXIMATELY 64 CLIENTS DURING THE PROGRAM.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,258,444
Program Service Revenue $48,000
Investment Income $15,335
Other Revenue $0
TOTAL REVENUE $2,321,779

Expense Breakdown

Grants Paid $366,141
Salaries & Benefits $892,265
Fundraising Expenses $0
Program Expenses $2,029,929
Other Expenses $1,062,487
TOTAL EXPENSES $2,320,893

Year-over-Year Comparison

2024 2023 Change
Revenue $2,321,779 $2,060,466 +0.1%
Expenses $2,320,893 $2,046,695 +0.1%
Net Income $886 $13,771 -0.9%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
31
Volunteers
5

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
$240,778
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HOLTAN CHAIR 1.00
Officer Director
$0 $0 $0
FRANCISCO SANCHEZ VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS CARMAN DIRECTOR 1.00
Director
$0 $0 $0
RASHI KHOSLA DIRECTOR 1.00
Director
$0 $0 $0
TAMI MARTIN DIRECTOR (FROM JANUARY 2025) 1.00
Director
$0 $0 $0
CINDY SIMONS PRESIDENT & CEO 40.00
Officer
$134,899 $8,094 $142,993
JOSEPH STARRETT CONTROLLER/TREASURER/SECRETARY 40.00
Officer
$92,250 $5,535 $97,785
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 $2,321,779 $2,320,893 $1,613,004 $886
2024 $2,060,466 $2,046,695 $1,569,211 $13,771
2023 $2,209,735 $2,154,556 $1,704,458 $55,179
2022 $2,346,923 $2,228,208 $1,417,810 $118,715
2021 $1,854,305 $1,812,179 $1,069,063 $42,126
2020 $2,753,055 $2,699,213 $1,149,849 $53,842
2018 $3,318,177 $3,214,093 $969,701 $104,084
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FORWARD CAREERS INC with other nonprofits in Wisconsin and across the country.