STEP FORWARD COMMUNITIES (EIN 461234427) - 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

2012

Legal Domicile

Principal Officer

DUANE HENRY

Phone

8507482360

Tax Period

2023-01-01 to 2023-12-31

STEP FORWARD COMMUNITIES, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $365K in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $139K, a strong 38% operating margin.

Mission

TRANSFORMING RESIDENTS' LIVES BY PARTNERING WITH ETHICAL, HIGH QUALITY, AND MOTIVATED COMPANIES TO SERVE COMMUNITIES WHICH NEED AFFORDABLE HOUSING AND SOCIAL SERVICES FOR LOW-INCOME FAMILIES, SENIORS, AND VETERANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $27

Program Service Revenue $312,283

Investment Income $47,192

Other Revenue $5,922

TOTAL REVENUE $365,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,825

Fundraising Expenses $0

Program Expenses $182,612

Other Expenses $82,746

TOTAL EXPENSES $226,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$365,424	$164,324	+1.2%
Expenses	$226,571	$237,305	0.0%
Net Income	$138,853	$-72,981	-2.9%

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

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

$133,403

Total Directors

$133,403

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUANE HENRY	PRESIDENT	40.00	Officer Director	$133,403	$0	$133,403
NORMA CHOZA-SANCHEZ	SECRETARY	0.50	Officer Director	$0	$0	$0
JOHN MCCLENDON	BOARD MEMBER	0.50	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$365,424	$226,571	$2,481,076	$138,853
2022	$164,324	$237,305	$2,295,402	$-72,981
2021	$886,713	$157,514	$2,343,582	$729,199
2020	$300,999	$311,082	$1,635,163	$-10,083
2019	$263,735	$290,855	$1,624,353	$-27,120
2018	$237,170	$203,738	$1,539,757	$33,432

STEP FORWARD COMMUNITIES