The Forward Fund Inc

🔒

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

2011

Legal Domicile

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

THE MISSION OF THE FORWARD FUND, INC. IS TO PROMOTE AND STRENGTHEN JEWISH PEOPLEHOOD, CULTURE AND HERITAGE BY SUPPORTING AND BENEFITING THE FORWARD ASSOCIATION INC.

Program Service Accomplishments

Program 1

Expenses: $2,215,688

SUPPORT IN THE FORM OF GRANTS AND OCCUPANCY TO THE FORWARD ASSOCIATION INC. IN SUPPORT OF THEIR MISSION.

🔒

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 $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

🔒

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

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

$654,425

Total Directors

Key Employees

Highest Compensated

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