ForWords Inc

EIN: 463333037 501(c)(3)

San Rafael, CA

Total Revenue
$315,704
Total Expenses
$218,912
Total Assets
$346,980
Net Assets
$346,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
Jeff Gough
Phone
4157857899
Tax Period
2022-01-01 to 2022-12-31

ForWords Inc, founded in 2014, is a small nonprofit that reported $316K in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $97K, a strong 31% operating margin.

Mission

The Organization provides literacy programs for low-income, under-served students in the greater San Francisco Bay Area, many of whom are English language learners. It is their belief that every student should have the chance to accomplish their dreams, go to college and be fully and effectively employed. They believe that students, particularly those who live in under-resourced communities, deserve educational opportunities to match their drive, intelligence and hopes so they can become proud and accomplished members of our democracy.

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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 (2022)

Revenue Breakdown

Contributions & Grants $315,665
Program Service Revenue $0
Investment Income $39
Other Revenue $0
TOTAL REVENUE $315,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,812
Fundraising Expenses $0
Program Expenses $212,168
Other Expenses $49,100
TOTAL EXPENSES $218,912

Year-over-Year Comparison

2022 2021 Change
Revenue $315,704 $399,798 -0.2%
Expenses $218,912 $266,736 -0.2%
Net Income $96,792 $133,062 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
5
Volunteers
13

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
4
$12,700
Total Directors
15
$12,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gail Siegel Ex. Dir. & VP 50.00
Officer Director
$12,700 $0 $12,700
Larry Siegel Vice President 4.00
Officer Director
$0 $0 $0
Steve Wasserman Director 4.00
Director
$0 $0 $0
Nancy Wasserman Director 4.00
Director
$0 $0 $0
Dennise Enriquez Director 4.00
Director
$0 $0 $0
Jeff Gough President 4.00
Director
$0 $0 $0
Samantha Kelman Director 4.00
Director
$0 $0 $0
Natalie Levine Director 4.00
Director
$0 $0 $0
David Nelson Director 4.00
Director
$0 $0 $0
Rose Jennings Newhouse Treasurer 4.00
Officer Director
$0 $0 $0
Cheryl Ruby Director 4.00
Director
$0 $0 $0
Dan Sarna Director 4.00
Director
$0 $0 $0
Gail van Adelsberg Director 4.00
Director
$0 $0 $0
Brenda Winston Secretary 4.00
Officer Director
$0 $0 $0
Judy Gough Director 4.00
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
2022 $315,704 $218,912 $346,980 $96,792
2021 $399,798 $266,736 $283,332 $133,062
2020 $239,257 $284,325 $162,914 $-45,068
2019 $250,344 $232,154 $185,797 $18,190
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