The Forward Fund Inc

EIN: 454590140 501(c)(3) Animal-Related

New York, NY

Total Revenue
$1,308,164
Total Expenses
$2,307,908
Total Assets
$27,687,244
Net Assets
$25,741,851
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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
2011
Legal Domicile
NY
Phone
2128898200
Tax Period
2024-01-01 to 2024-12-31

The Forward Fund Inc, founded in 2011, is a community nonprofit in the Animal-Related sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 76% operating deficit.

Mission

PROMOTE AND STRENGTHEN JEWISH PEOPLEHOOD, CULTURE AND HERITAGE BY SUPPORTING AND BENEFITING THE FORWARD ASSOCIATION INC.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,308,164
Other Revenue $0
TOTAL REVENUE $1,308,164

Expense Breakdown

Grants Paid $1,448,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,215,688
Other Expenses $859,908
TOTAL EXPENSES $2,307,908

Year-over-Year Comparison

2024 2023 Change
Revenue $1,308,164 $961,330 +0.4%
Expenses $2,307,908 $3,198,828 -0.3%
Net Income $-999,744 $-2,237,498 -0.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
7

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
8
$654,425
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN SILBERSTEIN CHAIR 1.0
Officer Director
$0 $0 $0
HOWARD SWIBEL from 111224 SECRETARY 1.0
Officer Director
$0 $0 $0
JAMES FELDMAN VICE-CHAIR 1.0
Officer Director
$0 $0 $0
JEFF GOTTLIEB THRU 111224 SECRETARY 1.0
Officer Director
$0 $0 $0
SAMUEL NORICH PRESIDENT 2.0
Officer Director
$0 $0 $0
YEHESKEL DATTNER TREASURER 1.0
Officer Director
$0 $0 $0
JACOB MOROWITZ INVESTMENT POLICY COMMITTEE 1.0
Director
$0 $0 $0
RACHEL FISHMAN FEDDERSEN CEO 1.0
Officer
$0 $49,962 $415,602
SOCHIETA MOTH VP, FINANCE AND OPERATIONS 1.0
Officer
$0 $3,741 $238,823
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 $1,308,164 $2,307,908 $27,687,244 $-999,744
2023 $961,330 $3,198,828 $27,923,676 $-2,237,498
2022 $830,155 $3,249,642 $28,381,166 $-2,419,487
2021 $1,711,141 $2,201,961 $35,008,082 $-490,820
2020 $3,030,017 $2,247,771 $34,833,865 $782,246
2019 $1,215,690 $3,146,162 $33,369,751 $-1,930,472
2018 $2,268,078 $4,476,860 $32,187,265 $-2,208,782
2017 $1,382,822 $4,821,959 $37,768,723 $-3,439,137
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