FAMILYFORWARD (EIN 562408453) - 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

2003

Legal Domicile

Principal Officer

BEVERLY WORTHINGTON

Phone

8473420846

Tax Period

2024-07-01 to 2025-06-30

FAMILYFORWARD, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $425K in total revenue in fiscal year 2024. Expenses of $380K left a modest 11% surplus.

Mission

STRENGTHENING NORTHWEST SUBURBAN FAMILIES TO ACHIEVE FINANCIAL STABILITY AND INDEPENDENCE THROUGH MENTORING, RENTAL ASSISTANCE, AND SUPPORT SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $411,567

Program Service Revenue $0

Investment Income $9,710

Other Revenue $3,344

TOTAL REVENUE $424,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,078

Fundraising Expenses $32,302

Program Expenses $297,334

Other Expenses $218,890

TOTAL EXPENSES $379,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$424,621	$412,017	+0.0%
Expenses	$379,968	$374,027	+0.0%
Net Income	$44,653	$37,990	+0.2%

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

$113,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH HARTE	Program Directr	40.00	Officer	$59,556	$0	$59,556
BEVERLY WORTHINGTON	Executive Dir.	40.00	Officer	$54,359	$0	$54,359
ERICA CHIANELLI	FORMER EXEC DIR	30.00		$20,168	$0	$20,168
TINA RICHARDS	Treasurer	5.00	Officer Director	$0	$0	$0
TIM WAYMAN	Chairman	10.00	Officer Director	$0	$0	$0
JENNIFER STRIMLING	OUTREACH CHAIR	5.00	Director	$0	$0	$0
LOU WALTON	Director Emerit	1.00	Director	$0	$0	$0
CHET TAMBE	Director	1.00	Director	$0	$0	$0
CLAUDIA STARCK	Director	1.00	Director	$0	$0	$0
JOHN SONDEREGGER	Director Emerit	1.00	Director	$0	$0	$0
DOUG HALL	Director	1.00	Director	$0	$0	$0
COURTNEY PODKOWA	Director	1.00	Director	$0	$0	$0
JIM MAYER	OUTREACH CHAIR	1.00	Director	$0	$0	$0
STEVE GAUS	Director	1.00	Director	$0	$0	$0
GREG FORD	VICE CHAIR	5.00	Officer Director	$0	$0	$0
CHRIS FARNSWORTH	Corres Secretry	5.00	Officer Director	$0	$0	$0
JANE DREZEN	FUND DEV CHAIR	1.00	Director	$0	$0	$0
PAUL COCHRAN	Director Emerit	1.00	Director	$0	$0	$0
DONNA ANDERSON	Director Emerit	5.00	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
2025	$424,621	$379,968	$323,640	$44,653
2024	$412,017	$374,027	$280,346	$37,990
2023	$308,296	$320,246	$242,103	$-11,950
2022	$282,373	$295,362	$250,118	$-12,989
2021	$290,351	$252,544	$269,038	$37,807

FAMILYFORWARD