BUSINESS FORWARD FOUNDATION (EIN 462250437) - 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

2013

Legal Domicile

Principal Officer

JAMES DOYLE

Phone

2028611270

Tax Period

2023-01-01 to 2023-12-31

BUSINESS FORWARD FOUNDATION, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $474K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $762K exceeded revenue, resulting in a 61% operating deficit.

Mission

STUDY POLICY ISSUES AFFECTING AMERICA'S ECONOMIC COMPETITIVENESS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $462,614

Program Service Revenue $0

Investment Income $11,125

Other Revenue $0

TOTAL REVENUE $473,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $577,846

Fundraising Expenses $112,100

Program Expenses $386,637

Other Expenses $183,670

TOTAL EXPENSES $761,516

Year-over-Year Comparison

	2023	2022	Change
Revenue	$473,739	$886,512	-0.5%
Expenses	$761,516	$849,106	-0.1%
Net Income	$-287,777	$37,406	-8.7%

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

N/A

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

$968,202

Total Directors

$968,202

Key Employees

$307,876

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES DOYLE	DIRECTOR	20.00	Officer Director	$275,000	$68,202	$968,202
MARISA RENEE LEE	DIRECTOR	1.00	Director	$0	$0	$0
SAM BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SUTPHEN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
DIANA DOUKAS	DIRECTOR	1.00	Director	$0	$0	$0
AMY DACEY	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FAIRCHILD	DIRECTOR	20.00	Key Emp	$150,000	$7,876	$307,876

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	$473,739	$761,516	$544,964	$-287,777
2022	$886,512	$849,106	$982,741	$37,406
2021	$1,500,000	$973,555	$947,159	$526,445
2020	$1,105,569	$960,505	$431,372	$145,064
2018	$1,270,423	$1,007,966	$376,480	$262,457

BUSINESS FORWARD FOUNDATION