Forma Inc

EIN: 721364538 501(c)(3)

Alexandria, VA

Total Revenue
$207,205
Total Expenses
$231,449
Total Assets
$27,745
Net Assets
$-2,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
LA
Tax Period
2019-01-01 to 2019-12-31

Forma Inc, founded in 1997, is a small nonprofit that reported $207K in total revenue in fiscal year 2019. Revenue decreased 19% compared to the prior year. Expenses of $231K exceeded revenue, resulting in a 12% operating deficit.

Mission

A dynamic community celebrating and upholding the diverse ministries of Christian Formation

Program Service Accomplishments

Program 1
Expenses: $130,148 Revenue: $92,684

Annual Conference - provides professional support, networking, resources and leadership development utilizing a forum for Christian Educators to explore issues of professionalism in ministry and...

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Annual Conference - provides professional support, networking, resources and leadership development utilizing a forum for Christian Educators to explore issues of professionalism in ministry and networking with other leaders in Christian formation.

Program 2
Expenses: $17,767 Revenue: $16,934

Certificate Program for Youth & Family Ministry - This program is designed for those who are actively engaged in the practice of youth ministry. The program will equip participants with a...

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Certificate Program for Youth & Family Ministry - This program is designed for those who are actively engaged in the practice of youth ministry. The program will equip participants with a foundational learning, rooted in the practical application to their specific ministry context.

Program 3
Expenses: $6,016 Revenue: $2,000

The Certificate in Leadership for Lifelong Christian Formation is a program designed for those who have demonstrated on-the-ground experience in a congregation or other context in the area of...

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The Certificate in Leadership for Lifelong Christian Formation is a program designed for those who have demonstrated on-the-ground experience in a congregation or other context in the area of Christian Formation. The goal is to equip practitioners with supplementary preparation and the additional tools they need to enable in-depth Christian Formation leadership for their congregations and communities.

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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 (2019)

Revenue Breakdown

Contributions & Grants $70,585
Program Service Revenue $136,618
Investment Income $2
Other Revenue $0
TOTAL REVENUE $207,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,400
Program Expenses $153,931
Other Expenses $231,449
TOTAL EXPENSES $231,449

Year-over-Year Comparison

2019 2018 Change
Revenue $207,205 $257,210 -0.2%
Expenses $231,449 $256,327 -0.1%
Net Income $-24,244 $883 -28.5%
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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Governance

Voting Members
15
Independent Members
N/A
Employees
N/A
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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aimee Bostwick President 2.00
Officer Director
$0 $0 $0
Samantha Haycock Secretary 2.00
Officer Director
$0 $0 $0
Kate Huston Trustee 2.00
Director
$0 $0 $0
Roger Hutchison Trustee 2.00
Director
$0 $0 $0
Eduardo Rivera Trustee 2.00
Director
$0 $0 $0
Rev Chris Yaw Trustee 2.00
Director
$0 $0 $0
April Caballero Trustee 2.00
Director
$0 $0 $0
Marvin McLennon Trustee 2.00
Director
$0 $0 $0
Dorothy Linthicum Trustee 2.00
Director
$0 $0 $0
Wallace Benton Trustee 2.00
Director
$0 $0 $0
Jerusalem Greer Trustee 2.00
Director
$0 $0 $0
Bronwyn Skov Trustee 2.00
Director
$0 $0 $0
Melissa Rau Trustee 2.00
Director
$0 $0 $0
Santiago Rodriguez Treasurer 2.00
Officer Director
$0 $0 $0
William Campbell Executive Dir. 40.00
Officer
$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
2019 $207,205 $231,449 $27,745 $-24,244
2018 $257,210 $256,327 $121,974 $883
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