FORWARD COMMUNITY INVESTMENTS INC (EIN 391815578) - 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

1994

Legal Domicile

Principal Officer

RYAN ZERWER

Phone

6082573863

Tax Period

2024-01-01 to 2024-12-31

FORWARD COMMUNITY INVESTMENTS INC, founded in 1994, is a community nonprofit in the Community Improvement sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $655K, a strong 18% operating margin.

Mission

WE INVEST IN PEOPLE, PROJECTS, AND ORGANIZATIONS THAT CREATE LASTING IMPACT, ADDRESSING COMMUNITY NEEDS IN INNOVATIVE AND EFFECTIVE WAYS. BY LEVERAGING A NETWORK OF PARTNERSHIPS AND CREATIVE FINANCING, WE ENSURE INDIVIDUALS AND NEIGHBORHOODS ACROSS WISCONSIN HAVE ACCESS TO THE RESOURCES THEY NEED TO PROSPER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $327,450

Program Service Revenue $3,028,847

Investment Income $280,969

Other Revenue $24,000

TOTAL REVENUE $3,661,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,609,538

Fundraising Expenses $3,595

Program Expenses $1,828,189

Other Expenses $1,397,188

TOTAL EXPENSES $3,006,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,661,266	$3,357,666	+0.1%
Expenses	$3,006,726	$2,652,437	+0.1%
Net Income	$654,540	$705,229	-0.1%

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

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

$243,062

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASMINE MERCADO	CO-CHAIR	1.00	Officer Director	$0	$0	$0
RAYNETTA HILL	CO-CHAIR	1.00	Officer Director	$0	$0	$0
JEFF MACK JR	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
PAMELA GUTHMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL FEHRENBACH	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE FLYNN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS LAURENT	DIRECTOR	1.00	Director	$0	$0	$0
FERN ORIE	DIRECTOR	1.00	Director	$0	$0	$0
WALLY ORZECHOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
RYAN ZERWER	PRESIDENT & CEO	40.00	Officer	$243,062	$0	$243,062
ROBERT BEACH	CHIEF OPERATING OFFICER	40.00	Highest	$170,713	$10,224	$180,937
EVAN REED	DIRECTOR OF LENDING	40.00	Highest	$148,698	$16,094	$164,792
FAUSTO RIVERA	SENIOR COMMUNITY LENDER	40.00	Highest	$114,733	$37,676	$152,409
JODEL WOGOU	DIRECTOR OF FINANCE	40.00	Highest	$103,962	$8,964	$112,926
KIRBY TOON	DIRECTOR OF CAPITAL STRATEGY	40.00	Highest	$136,297	$4,095	$140,392

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	$3,661,266	$3,006,726	$34,802,949	$654,540
2023	$3,357,666	$2,652,437	$33,131,053	$705,229
2022	$5,155,108	$2,939,270	$29,924,868	$2,215,838
2021	$3,745,420	$2,081,525	$29,361,508	$1,663,895
2020	$2,367,453	$2,220,339	$27,246,396	$147,114
2019	$2,941,773	$2,240,202	$27,278,627	$701,571
2018	$3,124,492	$2,637,157	$25,876,980	$487,335

FORWARD COMMUNITY INVESTMENTS INC