FORWARD CAREERS INC (EIN 391657328) - Form 990 Financial Analysis & Trantor Score

🔒

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

1990

Legal Domicile

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 PROVIDES CAREER GUIDANCE, JOB SKILLS TRAINING, EMPLOYMENT CONNECTIONS, AND SUPPORTIVE SERVICES TO ASSIST INDIVIDUALS THAT ARE UNEMPLOYED OR UNDEREMPLOYED FROM AGES 14 AND ABOVE. ADDITIONALLY, A WIDE VARIETY OF TALENT ATTRACTION, RETENTION AND BUSINESS CLOSURE SERVICES ARE PROVIDED TO SMALL, MID-SIZE AND LARGE EMPLOYERS ACROSS ALL INDUSTRIES.

🔒

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 $2,258,444

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

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

$240,778

Total Directors

Key Employees

Highest Compensated

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

FORWARD CAREERS INC